APPENDIX A - DEFINITIONS BENCHMARK JOB A job commonly found throughout all industries that is used as a reference point to make pay comparisons between employers. MARKET The relevant labor market from which an organization gains or loses employees. MARKET POSITION The position of the assessed value relative to the market rate. The assessed values in this report are the classified midpoints and employee median salaries. MARKET RATE The prevailing rate of compensation that other employers are paying for a job. For the purposes of this report, it is an average of the actual median salaries for a group of similar benchmark jobs in either the public or private sector. MEDIAN SALARY The middle value in a set of data responses that are ranked from lowest to highest and representative of actual salaries. MIDPOINT The middle value in a defined pay range. It is commonly used to adjust an organization’s competitive position against the market rate for a given job. PAY RANGE A salary range that an organization is willing to pay for a given job. A pay range consists of a minimum and maximum salary. PRIVATE SECTOR Organizations with a “for profit” status that participated in third-party salary surveys for the relevant labor market area consisting of Alabama, Arkansas, Kentucky, Louisiana, Mississippi, Oklahoma, Tennessee, and Texas. PUBLIC SECTOR Governmental entities and not-for-profit organizations that participated in third-party salary surveys for the relevant labor market area consisting of Alabama, Arkansas, Kentucky, Louisiana, Mississippi, Oklahoma, Tennessee, and Texas.
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State Civil Service 2026 Annual Pay Plan Review
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