Market rate is based on probability of finding candidate to accept the lowest possible rate. It does not really depends on responsibilities.
A person can double the salary for the same responsibilities simply moving to the other company/location.
And yes, company will easily accept higher attrition than increase salary by 10%. Now even more so, and will hire for lower salary because there are so many desperate unemployed people who have no choice but to accept huge pay cut.
A person can double the salary for the same responsibilities simply moving to the other company/location.
And yes, company will easily accept higher attrition than increase salary by 10%. Now even more so, and will hire for lower salary because there are so many desperate unemployed people who have no choice but to accept huge pay cut.