Factor

47.363 € (EUR)/yr

22,77 € (EUR)/hr

2.359 € (EUR)/yr

The average factor gross salary in Greece is 47.363 € or an equivalent hourly rate of 23 €. In addition, they earn an average bonus of 2.359 €. Salary estimates based on salary survey data collected directly from employers and anonymous employees in Greece. An entry level factor (1-3 years of experience) earns an average salary of 33.047 €. On the other end, a senior level factor (8+ years of experience) earns an average salary of 53.452 €.

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Salary Potential

52.074 € (EUR)

10 %

Based on our compensation data, the estimated salary potential for Factor will increase 10 % 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

Greece

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

Greece, officially the Hellenic Republic, is a country in Southeast Europe. Located on the southern tip of the Balkan peninsula, it shares land borders with Albania to the northwest, North Macedonia and Bulgaria to the north, and Turkey to the east. The Aegean Sea lies to the east of the mainland, the Ionian Sea to the west, and the Sea of Crete and the Mediterranean Sea to the south. Greece has the longest coastline on the Mediterranean basin, spanning thousands of islands and nine traditional

Sourced from Wikipedia
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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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