ElI5: How does prevailing wage work?

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Looking at a job that has prevailing wage and don’t know what it means. Is it a good thing?

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4 Answers

Anonymous 0 Comments

It’s kind of like saying “industry standard” wage. They’re claiming that they pay roughly what most of their industry would pay for a similar role and experience.

What it really means is they’re not committing to anything up front and you’re going to have to do research on the offer IF you get it to verify that it’s ACTUALLY a competitive wage.

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