Excel Data Analysis: How to Calculate Quartiles for Salary Ranges

In this video, we delve into the world of data-driven analysis and explore how to calculate quartiles in excel. The quartile formulas can work with any large data set when you want to group the data into 4 equal parts. With this example we’ll be looking at leveraging quartiles for insightful compensation analysis, with salary ranges.
Using quartiles in your compensation analysis can enhance your role and position you as the expert, helping to optimize HR strategies, ensure fair and competitive pay, and foster a more transparent work environment, plus make informed HR decisions that align with your company's compensation strategy. Understanding pay distribution patterns within your organization has never been easier!
This video is ideal for HR professionals, compensation analysts or anyone interested in harnessing the power of data to make smarter decisions. No prior experience with data analysis or Excel is necessary - we've got you covered!
To find out more about the sales quota commission template, see the 3 part video series here:
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You can also find the templates used in the video right here:
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[@LindseyJones-dk8uq]

where is part 2?

[@ErinatTimeSavingTemplates]

Hi! There are 4 videos in that series, all listed on this page : timesavingtemplates.com/hr-analytics-with-excel-compensation-quartiles/

[@EMEMGALWAY]

What is the formula to identify employees falling in which quartile?