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What is Market Rate?
Market rate is the prevailing pay for a given role, level, and location based on actual hiring and retention data. It shifts constantly with labor demand.
Examples
- Market rate for a senior software engineer in NYC runs $200K–$260K base.
- Market rate for a remote product designer might match a mid-size city.
- Market rate surveys from Radford, Mercer, or Levels.fyi.
Why this matters
RaiseCheck pulls current market rate for your exact role so you can negotiate with specific, credible numbers.
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