Factors which determine PES

1. Qualifications: Employers will consider the qualifications of a Candidate when calculating their PES. This includes considering their educational background, professional qualifications, experience, and certifications. 2. Location: Employers consider the geographical area in which a job is located when determining the PES. If the job is located in an area with higher housing and living costs, the employer may raise the PES to allow the Candidate to cover these expenses. 3. Type of Industry: Different industries have different pay structures. Those working in the finance, technology, and engineering industries may earn higher salaries due to the higher value placed on these skillsets. 4. Level and Responsibilities: The level of a role and the associated responsibilities are taken into account when determining the PES. Jobs with more responsibility may offer higher salaries, as the role requires greater skill, knowledge, and experience. 5. Benefits: Benefits are an important part of a salary package, and employers may factor them into the PES. Common benefits packages include healthcare coverage, retirement plans, and paid time off.