<p>Understanding how the salary our company pays compares to what competing employers provide their employees in similar positions, in the same area or market, gives us insight into the competitiveness of our company as a potential employer and the level of temptation for existing employees to leave our company in favor of better paid jobs elsewhere.</p>
<p>Companies want to ensure that they offer a salary that is fair and competitive on the one hand, while avoiding inflated salary costs on the other hand. Comparing our salary rate with those offered in the industry will provide these insights.</p>


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