0 the amount of money received when starting a particular type of job for the first time:
1 the annual salary for an employee who is starting a job with a company:
Since the aim of the simulations is to isolate and compare pension plans, the starting salary for professors is held constant across universities.
At starting salary levels above $118,676, the amount paid into the plan is the same.
Because the benefit is capped, the replacement rates begin to fall, ultimately reaching 35.75 % when starting salary reaches $120,000.
The reason is that the employee makes higher absolute contributions on earnings as starting salary increases.
This leaves us with the issue of the starting salary.
We shall not solve the problem by increasing the starting salary.
The average starting salary of an engineer is £15,900, compared with an average starting salary for all graduates of £12,250.
I find that enormously encouraging, although in my judgment the starting salary of a young teacher is still exceptionally low.
