In this case, the midpoint of our rage is $135,500. To find the minimum, divide the market rate by 1.00 + Â½ of the range spread. To find the maximum, multiply the minimum times 1 plus the range spread. This creates a salary range that has a minimum of $108,000, a mid-point of $135,500, and a maximum of $162,000. This simple formula can be used to establish a salary range for any job based on the mid-point of available salary market data.
1. elated-exultantly proud and joyful; in high spirits; the elated winner; felt elated and excited. euphoric-exaggerated feeling of well-being or elation. happy-enjoying or showing or marked by joy or pleasure; a happy smile; spent many happy days on the beach; a happy marriage.
Definition of elated adjective from the Oxford Advanced Learner's Dictionary. elated (at/by something) very happy and excited because of something good that has happened, or will happen They were elated at the result. I was elated by the prospect of the new job ahead.