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 ...

If any advertised job says that the salary is "competitive", we all just ...

Competitive salary means they do not pay “cost of living” rather they pay “cost of labor.” They get away saying it's competitive salary simply because it's ...

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 Does Competitive Pay Mean [The Dark Truth Behind This ...

Competitive pay means that the hiring manager compared their pay range to something else and it's equal to or greater than that number.

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. “Competitive pay” ...

What is a Competitive Salary? What Does It Mean?

Quite simply, when businesses state that they'll offer a competitive salary on their job adverts, it means that they're willing to offer an ...

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.

Competitive pay: What it means and how to get it - Credit Karma

Competitive pay doesn't refer to just salary — it actually encompasses the entire compensation package. Learn more about other potential ...

What's competitive pay (and how do you know)?

You can effectively compete with other employers for the same talent when you offer such pay. For example, let's say that the median salary for technical ...

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, ...

The high cost of low salaries: why paying a competitive salary is ...

A Robert Half survey of 1000 Australian workers found 58% would not take a job if the salary didn't suit. Quite simply, companies that do not ...

What is Competitive Salary? | Concept explained - peopleHum

This percentage may vary depending on the pay philosophy of the company. It also means that pay is competitive in comparison to what other companies might ...

What Does Competitive Pay Really Mean? - Hourly, Inc.

Competitive pay is based on the market rate for similar positions, location, skill set, years of experience, industry standards, references, and job title.

Competitive Pay: What It Is and How to Get Started - BambooHR

Competitive pay usually means paying employees a wage that closely tracks what other companies pay for a similar position.

What is Competitive Pay? | HR Glossary - AIHR

“Competitive” indicates that employers are offering compensation better in relation to other companies to secure high-performing employees. This is a term often ...

Competitive Pay: The Importance for Employers - Omnipresent

Competitive compensation refers to employee compensation packages that meet or exceed the average salary range for similar positions in specific geographic ...

What Is Competitive Pay? What Does Competitive Pay Mean? - SoFi

Similarly, when multiple companies in the same or adjacent industries are competing for employees, they may offer more competitive compensation packages to try ...

Should You Include "Competitive Salaries" in Your Job Descriptions?

Are we all on the same page with what a competitive salary really means? ... On a quick Google search, anyone can find the general consensus: a ...

What does “competitive salary” mean? - Quora

Thus, a truly competitive salary can not be determined. And usually, the term "competitive salary" is put into a job offer because the company ...

If Your Pay Package Is Competitive, It'll Include These 9 Benefits

What does competitive pay mean? ... Companies look at employee salaries in one of two ways: They either see employee pay as a necessary expense ...