salaryapproximation
nounUK /ˈsæləri əˌprɒksɪˈmeɪʃən/
US /ˈsæləri əˌprɑːksɪˈmeɪʃən/
A guess about how much money someone will be paid for their job.
The job posting gave a salaryapproximation of about forty thousand dollars a year.
RELATED WORDS
OTHER MEANINGS
2. A rough calculation of total payroll costs for a company or team.
The manager made a salaryapproximation for the new department before hiring.
3. An informal figure used when exact pay is not yet known.
During the interview, she asked for a salaryapproximation rather than a firm number.
4. A mathematical estimate of future earnings based on past pay.
The accountant's salaryapproximation helped them plan next year's spending.