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Median is the appropriate measure to use if you're looking at the overall pay of a company's workforce. Average/mean is disproportionately influenced by a smal
by jaysonelliot 9y ago
Median is the appropriate measure to use if you're looking at the overall pay of a company's workforce.
Average/mean is disproportionately influenced by a small number of highly paid employees.
In this case, the article is clearly demonstrating that despite Amazon's commanding market share, incredible wealth, and the largess bestowed upon their executives, some of their workforce is so poorly paid that they may not even make a living wage.
- goshx 9y agoThat median is not US only.
- baby 9y ago> Median is the appropriate measure to use if you're looking at the overall pay of a company's workforce. I would disagree with that. Imagine this dataset of salaries: [1, 1, 1, 1, 1, 10, 10, 10, 10, 10, 10] You have around half employees being paid like shit (1) and half being paid well (10), but the median will show a good salary (10).