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

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This common phrase doesn't actually give any insight into a company's salary levels — and it just might be a red flag.

in particular ― but it ultimately doesn’t hold companies accountable to committing to any particular salary level.“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 StockX, an online marketplace. “Most companies think they are paying competitively, whether they are or not.

“Every employer has a sense of what they can or will pay for a role, so why not tell candidates upfront unless the goal is to pay people less than they’re worth?”At Fractured Atlas, a nonprofit technology company that provides tools and services for artists, salaries are posted on job listings to save “us and candidates time and guesswork,” said Lauren Ruffin, the company’s chief external relations officer.

Although it’s still not common, transparency about pay in job listings is now required by law in one state. A state

 

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More of the leftist nonsense. The phrase “pay is competitive” is just advertising as are many phrases in applicants' resumes Both Companies and applicants try to get the best deal they can. The final results are determined by supply and demand.

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