Competitive Wage Definition
What's competitive pay (and how do you know)?
Competitive pay refers to a salary or wages that are at least equal to the industry standard for a particular role in a specific job market.
Competitive Pay: What You Need to Know | Indeed.com
Offering competitive pay is an important part of companies finding employees who can best help them meet their objectives.
What is a Competitive Salary? What Does It Mean?
A competitive salary refers to a compensation package that is in line with or above the industry standard for a particular role.
What Does Competitive Pay Mean? | Indeed.com
Competitive pay means that the salary will be similar to that of related positions in the same geographical area. This means that an employer ...
What is Competitive Salary? | Concept explained - peopleHum
When it comes to pay, the term "competitive" refers to pay that is comparable to or higher than the market value of a position. A competitive salary in human ...
Competitive pay: What it means and how to get it - Credit Karma
Competitive pay is compensation that is comparable to or better than current market value for a position. It can vary by industry, geography or ...
What Is Competitive Pay? What Does Competitive Pay Mean? - SoFi
Offering competitive pay means providing a compensation level that is equal to or above the market rate for a given position, geography, or industry.
Setting Competitive Pay | Market Pricing 101 - iMercer.com
Competitive positioning: Competitive positioning determines the target positioning of each compensation element, including pay mix. For example, ...
Competitive Pay: What the Term Actually Means - The Connors Group
“Competitive” is a term used in the job market to describe compensation that is comparable to other businesses in an industry.
What is Competitive Pay? | HR Glossary - AIHR
Competitive pay is a comprehensive remuneration approach – meaning it includes not only an employee's salary but also other benefits. A competitive ...
ELI5, what exactly does “competitive wages/pay” mean? - Reddit
It means the salary is typical for the type of job and location. It means that they pay a similar amount to what other companies pay, for the same work in the ...
Competitive Wages Vs. Minimum Wages - Work - Chron.com
A competitive wage is one that is in line with what other industry employers offer workers for the same jobs.
What is “Competitive Pay”? - ClarityHR - Your Small Business HR ...
Competitive pay is not just about base salaries. It also includes considering the overall compensation package, which may include bonuses, ...
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 - CompTool
For employees, competitive pay usually means how much competing companies are willing to pay for their talent and skills. The intersection of ...
Competitive wages - Vocab, Definition, and Must Know Facts
Competitive wages refer to the remuneration levels that organizations offer their employees, which are comparable to what similar businesses in the industry pay ...
What is Competitive Pay? - WageScape
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.
This salary phrase in job descriptions is 'useless,' says recruiter ...
Companies refer to a “competitive salary” in job postings either because they mistakenly believe it'll entice candidates or, more often, to ...
Competitive Pay: What It Is and How to Get Started - BambooHR
A competitive salary means paying someone at or above the market rate for a given role. A compensation package, or total compensation, takes ...
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.
Anarchism and capitalism
The nature of capitalism is criticized by left-wing anarchists, who reject hierarchy and advocate stateless societies based on non-hierarchical voluntary associations.