What Is Competitive Pay? What Does Competitive Pay Mean?

Competitive pay is defined as an employer offering a salary that is equal to or exceeds the industry standard for similar jobs in the same geographical area.

Defining "Competitive Hourly Rate" - Work - Chron.com

The most common way to define competitive pay is to look at what companies in a particular area are paying workers in a specific job, on average. For ...

What does competitive salary actually mean? | reed.co.uk

Competitive salary means that what's being offered is equal to (or more than) the industry average for similar positions in the same location.

What is Competitive Pay? - Axcet HR Solutions Blog

Competitive pay refers to the compensation an employer offers that equals or exceeds prevailing rates within an industry and local job market.

What Competitive Pay Means for Sales Reps | Core Commissions

Competitive pay means that the compensation package an employer is offering is equal to or exceeds the industry standard for similar jobs in the same ...

This salary phrase in job descriptions is 'useless,' says recruiter ...

“In theory, the term 'competitive salary' is supposed to mean that pay for the role is on par with what similar roles, in similar industries ...

Competitive pay: What it is and why it matters - Time Doctor

Competitive pay refers to the salary and benefits that an organization offers to its employees, which are on par with or exceed what is offered for similar ...

Competitive Pay: Everything you need to know

Competitive pay refers to an employer who pays compensation comparable to or higher than the industry standard for similar jobs in the same geographic area.

What Is Competitive Pay? Meaning & Example - Skima AI

Competitive pay implies an employer pays salaries and compensation comparable to those of similar companies in the same industry or area.

Definition of 'Competitive compensation' - Hrider

Competitive compensation. Competitive compensation is the practice of offering salaries and benefits that are competitive and in line with labor market ...

What Is Competitive Pay? (With Examples) - Zippia

Competitive pay is a compensation package that is equal to or greater than the market rates for a position in a given industry and geographical ...

What is Competitive Pay - CompTool

For employees, competitive pay usually means how much competing companies are willing to pay for their talent and skills. The intersection ...

What does competitive salary actually mean? - Reed

Competitive salary means that what's being offered is equal to (or more than) the industry average for similar positions in the same location.

How to Make Sure Pay Raises Stay Competitive - Hourly.io

Typically, competitive pay is the average salary for a role in a given geographic area plus a percentage that puts the salary above average for that area. But ...

Competitive salary – What does this mean, and should I consider it?

Competitive salary typically means that the salary the employer may offer you will be equal to or more than the industry standard for that job ...

Top 10 Competitive Pay Jobs: Where Your Skills Earn More

What does competitive pay mean? ... Competitive pay means offering a total compensation package that matches or exceeds the market standard for a ...

What It Really Means When Companies Say 'Pay Is Competitive'

“Pay is competitive” is meant to signal great salaries, but it's also a warning sign. ... “Pay is competitive” ― along with its cousin, “salary ...

What does competitive wages really mean? - Quora

Competitive wages are the value paid to employees in a defined market that are on parity with other employers for a particular skill set or job ...

Competitive Pay – What it is and why it matters - Salary.com

Competitive pay involves comparisons with other organizations' total compensation. It does not mean that every part of the compensation package ...

Competitive Wages Vs. Minimum Wages - Work - Chron.com

As explained by employment website Indeed, Competitive wages" refers more to the efforts of employers to attract workers through industry-standard wages. In ...