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PAGE 1 Methods for Establishing and Maintaining an Equitable Salary Structure ADDENDUM Weighted Averages PAGE 2 A Refresher on Weighted Average A weighted average differs from a regular average because its calculation is affected by volume Allows the calculation of the aggregated average for sets of figures Salary Systems Faculty PAGE 3 Weighted Average Example of Application: What is the average salary for a Chemistry Librarian? Salary Systems Faculty PAGE 4 What is the average salary for a Chemistry Librarian? Salary Systems Faculty Years of Experience Chemistry Librarians Average Salary 0 5 2 $50,000 6 10 14 $60,000 11 15 1 $70,000 PAGE 5 What is the average salary for a Chemistry Librarian? Salary Systems Faculty Years of Experience Chemistry Librarians Average Salary Total Salaries 0 5 2 $50,000 $100,000 6 10 14 $60,000 $840,000 11 15 1 $70,000 $70,000 PAGE 6 What is the average salary for a Chemistry Librarian? Salary Systems Faculty Years of Experience Chemistry Librarians Average Salary Total Salaries 0 5 2 $50,000 $100,000 6 10 14 $60,000 $840,000 11 15 1 $70,000 $70,000 Years of Experience Chemistry Librarians Average Salary Total Salaries 0 5 2 $50,000 $100,000 6 10 14 $60,000 $840,000 11 15 1 $70,000 $70,000 total 17 total $1,010,000 PAGE 7 What is the average salary for a Chemistry Librarian? Salary Systems Faculty Years of Experience Chemistry Librarians Average Salary Total Salaries 0 5 2 $50,000 $100,000 6 10 14 $60,000 $840,000 11 15 1 $70,000 $70,000 total 17 total $1,010,000 Weighted Average = Total Salaries / total Librarians or $1,010,000 / 17 or $59,412 PAGE 8 Invitation: For further discussion, please contact me at bwkeith@ufl.edu or 352 273 2600 | |||||||||||||||||||||||||||||||||||||||||||||
| MILLISECOND | CLASS.METHOD | MESSAGE |
|---|---|---|
| 0 | sobekcm_page_globals.constructor | |
| 0 | sobekcm_page_globals.constructor | Application State validated or built |
| 0 | sobekcm_database.verify_item_lookup_object | |
| 0 | sobekcm_page_globals.constructor | Navigation Object created from URI query string |
| 0 | sobekcm_database.verify_item_lookup_object | |
| 0 | sobekcm_page_globals.display_item | Retrieving item or group information |
| 0 | sobekcm_page_globals.get_entire_collection_hierarchy | Retrieving hierarchy information |
| 0 | sobekcm_assistant.get_entire_collection_hierarchy | |
| 0 | cached_data_manager.retrieve_item_aggregation | |
| 0 | cached_data_manager.retrieve_item_aggregation | Found item aggregation on local cache |
| 0 | item_aggregation_builder.get_item_aggregation | Found 'all' item aggregation in cache |
| 0 | system.web.ui.page.page_load (ufdc.page_load) | |
| 0 | sobekcm_page_globals.constructor.on_page_load | |
| 0 | html_echo_mainwriter.add_style_references | Adding style references to HTML |
| 0 | html_echo_mainwriter.add_text_to_page | Reading the text from the file and echoing back to the output stream |
| 36 | html_echo_mainwriter.add_text_to_page | Finished reading and writing the file |