Salary data refers to the information that outlines the earnings of individuals in various jobs or industries. This data can include average salaries, median salaries, and salary ranges, helping to provide insights into how much people earn based on factors like experience, education, and location. Analyzing salary data is essential for both employers and employees. Employers use it to set competitive pay rates, while employees can use it to negotiate salaries or understand their earning potential. Additionally, salary data can highlight trends in the job market, such as which professions are growing and which are declining.