ELI5, what exactly does “competitive wages/pay” mean? 630 viewsJanuary 3, 2024 Question90.87K August 21, 2021 0 Comments ELI5, what exactly does “competitive wages/pay” mean? In: Economics 5 Answers ActiveNewestOldest Anonymous Posted August 21, 2021 0 Comments Answer: it means pay that is in the same ballpark as pay for similar jobs/companies. For instance if a normal pay is $15/hour for a restaurant job and your restaurant is offering $9/hour, your pay is considered uncompetitive. You are viewing 1 out of 5 answers, click here to view all answers. Register or Login
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