The Min/Mid/Max (also called MMM) feature is a salary increase calculation system that uses pay family/grade structures to determine projected salary increases based on minimum, midpoint, and maximum salary ranges.
The feature calculates salary increases for employees based on their position within a defined salary range:
|
Salary Point |
Description |
|---|---|
|
Minimum (Min) |
The lowest salary for a pay family/grade combination. |
|
Midpoint (Mid) |
The target salary for the pay family/grade - typically where employees should be paid. |
|
Maximum (Max) |
The highest salary allowed for the pay family/grade. |
There are two Min/Mid/Max calculation methods:
Comparison of Methods
The following table compares the Salary Increase and Percent Increase methods.
|
Aspect |
Salary Increase Method |
Percent Increase Method |
|---|---|---|
|
Granularity |
Per pay family/grade |
Global percentages |
|
Flexibility |
Define specific increases per grade |
The same percentage applies to all |
|
Input |
Flat amount + Percent + Structural changes |
Midpoint and Maximum percentages only |
|
Best For |
Different increases by job classification |
Uniform percentage increases |
|
Reports |
Salary Report, TEA Report |
Salary Report, Distribution Report |