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Determine the starting salary for the newly recruited position

admin February 18, 2023

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Flexible

Almost everyone will have at least one job jump in their career. Therefore, the salary of the candidate is not just a fixed salary structure, but you are paying for the knowledge, understanding, professional experience and life of the employee. Now, businesses must be agile, aware of what skills need to be added, what skills can be added from one job to another that will be useful for the position and for the company itself. This requires the employer to clearly understand the job skills you want to hire for the new position.

Understand the market

One of the ways to make the right decision is to know the market and what the overall market salary is paying for this or similar position. To do this, businesses will usually hire an outside agency to conduct the survey. Besides, if it is a small business, c1o can take advantage of information data from future candidates in the process of interviewing, surveying them and understanding their common needs. But be very honest and have a complete statistics because the information from the candidate may not be completely accurate, they can inflate the desired salary, or the current income level to increase the value as well. requires a higher starting salary of the business.

Determine the starting salary for the newly recruited position

Understand the role of the position

If you are a new position in the market, it is difficult to get salary statistics. When this is the case, the company should carefully consider and analyze the job requirements by education level, years of experience and other special requirements for the job. Companies can pay on the job requirements but can adjust based on the candidate's personality, education and skills to best suit.

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