What should job seekers make of the phrase "competitive salary?" Recruiter Bonnie Dilber tells CNBC Make It that job hunters should expect open communication about pay during the interview process. If a prospective employer is unwilling to discuss compensation, that's a red flag, Dilber warns. Recruiter Jeff Hyman adds that a salary conversation may not happen right at the start. But if it does not occur after a few interviews, that's another troubling sign. To move the process forward, Hyman recommends sending a note to express your interest, the value you can bring and the importance of your numbers aligning. Read more: https://lnkd.in/eGh98p7C Summary ✍: Todd Dybas
"competitive salary" means it will be competing with Cost of Living 😁
Bit like "tidy" to describe a property. Even better: "POA". It says "I don't want to tell you and I hope you click on it anyway and live to regret doing so in the not-so-distant future".
I always laugh at the term competitive salary. Especially when I hear the pay for the amount of work expected. Competition with poverty is all that’s being offered.
They left out the first red flag: It uses the phrase "competitive salary" in the job description in the first place instead of just including ranges in the ad
"Competitive salary" means the lowest we can pay you for the area.
I don't go to any job interview without knowing the compensation before, to me "competitive pay" just means minimum pay for that particular role in the area, that's it. I also learned by experience that some employers might list pay range is between this and that but when you ask for highest number listed on the ad/post they say they don't really do that number. So why they post that number if is not available to the applicant? At least to me, it wasn't....and it happened twice.
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It means prepare to be low balled, because what is "competitive" in one location is not going to be in another. Also, what is "competitive" for that company is likely not competitive with the market.
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6moThis "technique" serves to get the ad completely overlooked by most job seekers. If a company is unwilling to disclose what they are willing to pay for the responsibilities they are asking from you, they are not a good company to work for. This would be your first hint. Second hint is if you speak to a recruiter for this company and recruiter refuses to provide a range. Third hint is they want YOU, in a mandatory field in the application, to put salary expectations. I just put 10,000,000, every time. If an employer is not willing to negotiate salary, i'm not willing to provide labor. But, hey, they'll eventually snag the individual who WILL work for the lowest wage out there. And, that person will leave within 90 days or so. And, the process repeats. Not great business practice, and over the long run, well.... I foresee a great many businesses failing this year and next due to this dynamic. If a company is unwilling and unable to treat a candidate with respect enough to give them the whole picture, it is, indeed, not a company for whom a candidate desire to work.