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Researching Market Trends
Market rates are the average salaries that people in similar jobs earn in your industry and area. Knowing these rates helps you understand if the offer you have received is competitive.
If the offer is below the market rate, it might mean you are being underpaid. But if it’s above, you might be getting a very good deal.
How to Find Market Rates
Start by researching what people in similar roles are earning.
You can use the following ways to analyze the market rates:
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