This article was published in the May Issue of Employment Today.
Download a PDF version of the article here.
What makes a competitive salary is different for everyone, according to how they perceive their individual worth in relation to the external market and internal influences. Personal opinion plays a large part in an employee’s perception of what’s fair. Naturally, an individual’s thoughts may be unrelated to what’s really going on in the market, and it’s not uncommon for employees to value their worth more highly than others, and above market rate. Find out more about how employees determine competitive pay and what it means to them.