Factor

64.962 € (EUR)/yr

31,23 € (EUR)/hr

3.235 € (EUR)/yr

The average factor gross salary in Oviedo, Spain is 64.962 € or an equivalent hourly rate of 31 €. This is 2% lower (-1.538 €) than the average factor salary in Spain. In addition, they earn an average bonus of 3.235 €. Salary estimates based on salary survey data collected directly from employers and anonymous employees in Oviedo, Spain. An entry level factor (1-3 years of experience) earns an average salary of 45.386 €. On the other end, a senior level factor (8+ years of experience) earns an average salary of 73.485 €.

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Salary Potential

72.964 € (EUR)

12 %

Based on our compensation data, the estimated salary potential for Factor will increase 12 % 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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City Overview

Oviedo, Spain

The cost of living in Oviedo, Spain is 2% less than the average cost of living in Spain. 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

Oviedo (Spanish: [oˈβjeðo] ) or Uviéu (Asturian: [uˈβjew]) is the capital city of the Principality of Asturias in northern Spain and the administrative and commercial centre of the region. With a population of 220,027, it is also the 2nd-largest city in Asturias. Oviedo is located approximately 24 km (15 mi) southwest of Gijón and 23 km (14 mi) southeast of Avilés, both of which lie on the shoreline of the Bay of Biscay. Oviedo's proximity to the ocean of less than 30 kilometres (19 mi) in combi

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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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