"What is your preferred method for determining a competitive salary range for a specific position?"
My preferred method for determining a
competitive salary range involves conducting thorough
market research. I start by analyzing industry-specific
salary surveys, job market reports, and data from
reputable sources like the Bureau of Labor Statistics.
Additionally, I consider factors such as the
organization's size, location, and unique job
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Neha Malhotra
requirements. By combining these sources of
information, I can develop a salary range that is both
competitive in the market and aligned with the
company's budget and compensation philosophy.
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