Factor

35 090 Br (BYN)/yr

16,87 Br (BYN)/hr

1 747 Br (BYN)/yr

The average factor gross salary in Belarus is 35 090 Br or an equivalent hourly rate of 17 Br. In addition, they earn an average bonus of 1 747 Br. Salary estimates based on salary survey data collected directly from employers and anonymous employees in Belarus. An entry level factor (1-3 years of experience) earns an average salary of 24 902 Br. On the other end, a senior level factor (8+ years of experience) earns an average salary of 40 746 Br.

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Salary Potential

50 993 Br (BYN)

45 %

Based on our compensation data, the estimated salary potential for Factor will increase 45 % over 5 years.

Education

This chart displays the highest level of education for:
Factor, the majority at 100% with bachelors.

Typical Field of Study: Finance

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Country Overview

Belarus

Cost of living is calculated based on accumulating the cost of food, transportation, health services, rent, utilities, taxes, and miscellaneous.

View Cost of Living Page

Belarus, officially the Republic of Belarus, is a landlocked country in Eastern Europe. It is bordered by Russia to the east and northeast, Ukraine to the south, Poland to the west, and Lithuania and Latvia to the northwest. Belarus spans an area of 207,600 square kilometres (80,200 sq mi) with a population of 9.1 million. The country has a hemiboreal climate and is administratively divided into six regions. Minsk is the capital and largest city; it is administered separately as a city with spec

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Disclaimer
This page is an excerpt of the much more complete compensation information available in ERI's Assessor Series.

ERI's compensation data are based on salary surveys conducted and researched by ERI. Cost of labor data in the Assessor Series are based on actual housing sales data from commercially available sources, plus rental rates, gasoline prices, consumables, medical care premium costs, property taxes, effective income tax rates, etc.

Job Description
Purchases, or factors, at a discount, accounts receivable from businesses needing operating capital. Directs collection of facts about prospective client's business, such as credit rating of customers, evaluation of past losses, terms of sales, due dates, average amount of invoices, and expected volume and turnover of accounts receivable. Evaluates data collected to determine type of factoring plan to propose and... percentage of net face value of accounts to advance that will yield favorable profit margin and alleviate client's cash shortage.Read More
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