Job market and demand for specific skills and professions
Level of experience and expertise in a particular field
Level of education and qualifications
Geographical location and cost of living
Industry and sector of employment
Market forces and economic conditions
Work ethic and performance
Networking and professional connections
Availability of opportunities for career advancement and promotion
Discrimination and biases (gender, race, etc.)
Company policies and practices (salary structures, benefits, etc.)
Negotiation skills and ability to advocate for oneself.
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What are factors that determine a person’s income?
Education and specialized skills
Government agencies
Your parents and teachers
Your friends
1 answer