AVGsalary
AVGsalary is a statistical measure used to describe the central tendency of earnings within a defined population. In its most common form, AVGsalary refers to the arithmetic mean of salaries, usually expressed as annual gross income, though in some contexts it may denote monthly or net pay. The population can be defined by geography (country, region, city), industry, occupation, company, or workforce segment (full-time, part-time). Some reports also publish a median salary alongside AVGsalary to provide a measure less sensitive to extreme values.
Data sources include payroll records, tax filings, and salary surveys. Methods often involve cleaning and deduplicating
Limitations include sensitivity to outliers, especially with the mean; surges due to high earners or irregular
Uses include wage benchmarking for employers, market analytics for recruiters, policy analysis for governments, and academic