Once set, it becomes the building block of the pay range as well as the midpoint. Quartile 4:ġ0+ years of experience in the job for employees who have extensive experience and who are consistently exceptional performers.Įach Market Reference Point (MRP) is created by Georgia Tech to reflect the average salary of the same or similar position outside of the Institute. Quartile 3:ĥ to 10 years of experience in the job for experienced employees who frequently exceed expectations. The midpoint usually represents the average pay for a position that a fully experienced employee might be paid at this level. They generally meet expectations in their positions. Quartile 2:Ģ to 5 years of experience in the job or employees who have gained experience and skill and who are becoming more proficient in the position for which they were hired.
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