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Veronica Roberts

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How companies calculate salary based on experience?
I just want to know what salary calculator they use to come up with this figure or if this is just another term hiring managers use to say we’ll pay you what we can afford!
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over 10 years ago
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Hi Veronica, Based on my experience, I think every company calculates salary in different ways. Some things that they will look at is seniority, relevant experience, impact you will make, past salary, where the market values a certain role and of course what they can afford at that time. There are definitely other factors that go into calculating salary, but these are a few. I hope this was helpful! -Mark