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What does competitive wages really mean?


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.

ELI5, what exactly does “competitive wages/pay” mean? - Reddit

Answer: it means pay that is in the same ballpark as pay for similar jobs/companies. For instance if a normal pay is $15/hour for a restaurant ...

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 other factors.

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.

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'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.

What is Competitive Salary? | Concept explained - peopleHum

A competitive salary denotes a compensation package that aligns with or surpasses the average market rates for a particular job or industry.

Competitive Pay: What the Term Actually Means - The Connors Group

“Competitive pay” is a phrase that refers to a salary or pay rate, but its meaning varies based on a number of factors. Whether or not pay is ...

What is Competitive Pay? | HR Glossary - AIHR

Competitive pay is the total compensation package awarded to an employee with a value equal to or greater than the average market offering.

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

The internet will tell you that competitive pay means an employer is offering a salary equal to or slightly exceeding the industry standard in ...

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.

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.

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.

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 ...

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.

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 salary” 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 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 title in that ...

"Competitive Pay" has become a meaningless buzzword | #grindreel

Comments656. Rakin Khan. Competitive pay = “we will pay you enough to make you apply to a better paying position in a year for a 20% pay raise”.

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 ...