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When you are applying for a job, one of the initial inquiries you will have will be about the compensation you will receive, i.e. your wage. Earnings are dependeint upon on a number of factors:
1) specific job type and title
Your specific job type and title will affect the wage you receive. Keep in mind that that the wage for the position of Chef is not the same as it would be an Executive Chef, Sous Chef, Head Chef or Pastry Chef.
2) Education
Your educational backound is a big part of wage calculation. A good way to think of it is that the more you have spent on your education, the greater the wage you will receive.
3) Qualification level in similar positions and the job specific training you may have.
When looking at job opening postings you will frequently find the words compensation commensurate with experience. Simply put, this implies that a specific position will pay a higher wage to persons who have more experience. For example an Executive Chef who has only been in the line of work for one year can expect an estimated wage from anywhere between $29,000 - $45,000. It will then increase in later years to approximately:
1 - 4 years - $ 34,000 - $ 49,000
5 - 9 years - $ 38,000 - $ 58,000
10 - 19 years - $ 43,000 - $ 59,000
20 years - $ 48,000 - $ 73,000
This may also be the exclusion to the higher pay for higher education ideal, as some organizations may value actual experience more than level of education. In these instances, a job applicant who holds a Bachelors degree and 10 years of experience may be offered a greater initial wage than an cabdidate who has a Masters degree but no actual work experience in that specific field.
Location of the job
Typically, similar jobs that are found in large city centres will pay higher than those in rural areas. Larger companies will tend to gravitiate toward setting up their offices in high traffic metropolises to increase traffic and will usually earn higher revenue. This will translate into higher earnings for employees.
Type of organization
Similar positions compared in Non Governmental Organizations (NGO s), private organizations and Government Organizations will all have different wage ranges.
Average Earnings take into consideration both sides of the wage scale and aids job seekers to know what amount to have in mind when searching for work or being involved in wage negotiations. The general wages for some of the more popular industries presently hiring in the United States are:
Job Title Average wage
Administrative Assistant $ 33,000
Office Manager $ 38,000
Project Manager $ 72,000
Lawyer/ Attorney $ 77,000
Executive Assistant $ 45,000
Staff Accountant $ 43,000
Average wages in a specific field take all these factors that affect wage into consideration and are usually determined by broad and lengthy surveys.
Please visit this link for an interesting article on Chef Salary. and this link for more information on Average Salaries.
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