Salary ranges provide valuable information about the distribution of wages within a specific job title or occupation. They offer insights into the earning potential for individuals working in various industries and roles. Our salary range chart visualizes key percentiles, including the 10th, 25th, median, 75th, and 90th percentiles, which represent different salary milestones for a particular job.
The 10th percentile represents the lowest wages earned by 10% of individuals in that role, while the 90th percentile signifies the highest wages earned by the top 10%. The median, also known as the 50th percentile, marks the midpoint, indicating the salary where half of the individuals earn more and half earn less.
By displaying this comprehensive salary data, job seekers can understand the salary landscape for a specific occupation, allowing them to gauge their earning potential and negotiate better compensation packages. Employers can also use this information to benchmark their salary offerings against industry standards and attract top talent.
Our chart empowers both job seekers and employers with valuable salary insights, enabling them to make informed decisions about compensation and career choices. It provides a comprehensive view of salary distributions, helping individuals navigate their career paths and organizations to remain competitive in the job market.