Abstract. Accurate salary prediction is crucial for navigating the complexities of the job market and ensuring fair compensation practices. This research focuses on evaluating advanced machine learning models to improve salary prediction accuracy. The study integrates demographic, educational, and professional experience data to offer a comprehensive analysis of earning potential, aiming to foster equitable job markets and enhance strategic human resource planning. The methodology involves employing various models, including Linear Regression, Decision Tree, and Random Forest (RF). Key steps include preprocessing the dataset to address missing values, categorize data, and remove irrelevant features. The study finds that the RF model excels in predicting salaries, surpassing other models in performance metrics. This superior efficacy is attributed to RFs ability to handle complex, high-dimensional data and mitigate overfitting. The results of this study have significant implications for establishing fairer compensation practices and improving job market efficiency. By offering a reliable tool for understanding earning potential, this research contributes to better career decisions and strategic planning for both individuals and organizations. Future research will explore further refinements and applications of these models in real-world scenarios.
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