The median represents the competitive market rate for a particular job. The maximum average, synonymous with the 75th percentile , represents the reported highest salary made in a particular job. Seventy-five percent of all salaries reported for that job fall below this amount. The Salary Wizard calculates the total cash compensation for every job in its database. The distribution of the data is presented in the same way as base pay.
Total compensation includes all bonuses , incentives , and commissions .
This result suggests that someone working at this level is less likely to receive substantial compensation beyond base pay. A job title is a quick way of describing a collection of tasks, responsibilities, and duties. Normally, a job title is not the most constructive way to determine the actual responsibilities of that job. It's always best to read the job description, which covers the skills, experience, and knowledge needed to perform the job. Nevertheless, there are situations when a job title alone may be sufficient to determine your pay level.