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

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Young woman looking away with thoughtful facial expression
If you look for a job long enough, you’re bound to run into the phrase “pay is competitive.”
This vaguely promising but subjective line appeared in more than 500 job listings on LinkedIn in the US alone this week – retail positions in particular – but it ultimately doesn’t hold companies accountable to committing to any particular salary level.
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“Saying ‘pay is competitive’ doesn’t really add much to the job description, but companies will often throw it in there because it sounds good. Who doesn’t want competitive pay?” said Tracy Cote, chief people officer of online marketplace, StockX. “Most companies think they are paying competitively, whether they are or not.” ....

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

What It Really Means When Companies Say 'Pay Is Competitive'
huffpost.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from huffpost.com Daily Mail and Mail on Sunday newspapers.

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15 Tips For Navigating Potentially Polarizing Discussions At Work

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forbes.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from forbes.com Daily Mail and Mail on Sunday newspapers.

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Beyond just looking at the experiences of a candidate, the minute details of an application can give insight into a candidate s potential. ....

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11 Vital Parts Of Mindfulness Training For Employees

Leaders must ensure individual needs are being met during mindfulness training programs if they are truly interested in the mental health of their employees. ....

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