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Pay Grades with 10% below the average and 10% above the average. I require assistance on the pay ranges portion please. How did the average

Pay Grades with 10% below the average and 10% above the average. I require assistance on the pay ranges portion please. How did the average of pay grade A go from 20,003 to maximum of 22,003? This is also for the min, how did it drop to 18,002? I also have the same question for pay grade B. Thank you in advance.

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Pay Grades Once the pay rates are created, we can construct pay grades for our pay structure. Pay grades characterize groupings of jobs that are comparable for pay purposes (Gerhart & Newman, 2020). They are of similar value to the organization. All the jobs in a pay grade share the same pay range (minimum and maximum pay rates). Examine the following benchmark jobs: administrative assistant, operations analyst, production worker, and benefits manager. Determine which ones are sufficiently similar for compensation purposes. Below is an example of two pay grades. Note: the positions are for illustration purposes only. Example of pay grades: Pay Grade A Front desk receptionist Pay Grade B Administrative assistant Payroll assistant Table 7 Pay Ranges Pay ranges create upper and lower pay rates for each job in the pay grade (Gerhart & Newman, 2020). These are the limits the employer will pay for a particular job. Each pay grade will have a minimum and maximum pay rate. Percent guidelines are used to determine how far above and below the midpoint the pay range will reach. For example, the maximum might be 10% above the midpoint and the minimum might be 10% below the midpoint. Note: All jobs in a pay grade will have the same minimum and maximum pay rates. Below is an example of pay ranges for two pay grades. Note: The numbers used are not from the data in this case study. Example of pay ranges: Pay Grade A B Minimum $18,002 (-10%) $32,105 (-10%) Average $20,003 $35,673 Maximum $22,003 (+10%) $39,240 (+10%) Table 8

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