How do I adjust the microphone level on a PS4?

In order to adjust the microphone level on a PS4

1. From the PS4 Home Screen, Scroll up to access the Home menu.
2. Select [Settings]=> [Devices]=> [Audio Devices]=> [Microphone Level]
3. You will now be able to see the Input Volume being given by your headset, adjust the Microphone Level bar to the desired setting.
4. Scroll to OK and Press the X button