An employee's pay position within the salary range will be based on several factors including, but limited to, relevant education, qualifications, certifications, experience, skills, seniority, geographic location, business sector, performance, shift, travel requirements, sales or revenue-based metrics, market benchmarking data, any collective bargaining agreements, and business or organizational needs. SP500 and peers by focusing on high quality franchises with enduring sustainable competitive advantages, financially sound business models, rational valuations and high integrity management and governance.