Competitive Salary

Beginner 👥 Human Resources

Definition

What HR says when they're actually paying you 10% below market rate. It's competitive in the sense that they're competing to keep costs low.

Example Usage

The job posting said they offer a competitive salary, but it's basically minimum wage.

Source: HR terminology

Related Terms

Translate This Term

See “Competitive Salary” in Corporate Speak, Gen-Z Slang, Pirate Speak, and more.

Try the Translator