Get the second highest value in a MySQL table

Here’s one that accounts for ties.

Name    Salary
Jim       6
Foo       5
Bar       5
Steve     4

SELECT name, salary
FROM employees
WHERE salary = (SELECT MAX(salary) FROM employees WHERE salary < (SELECT MAX(salary) FROM employees))

Result --> Bar 5, Foo 5

EDIT:
I took Manoj’s second post, tweaked it, and made it a little more human readable. To me n-1 is not intuitive; however, using the value I want, 2=2nd, 3=3rd, etc. is.

/* looking for 2nd highest salary -- notice the '=2' */
SELECT name,salary FROM employees
WHERE salary = (SELECT DISTINCT(salary) FROM employees as e1
WHERE (SELECT COUNT(DISTINCT(salary))=2 FROM employees as e2
WHERE e1.salary <= e2.salary)) ORDER BY name

Result --> Bar 5, Foo 5

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