competitive compensation
[/kəmˈpɛtɪtɪv ˈkɑːmpənseɪʃən/]
noun phrase
remuneração competitiva
1. A salary, benefits package, or total pay structure that is comparable to or better than what similar positions offer in the job market, designed to attract and retain qualified employees
Our company offers competitive compensation to ensure we attract top talent in the technology sector.
Nossa empresa oferece remuneração competitiva para garantir que atraíamos os melhores talentos do setor de tecnologia.
2. Payment and benefits that align with industry standards for a particular role, experience level, and geographic location
The HR department reviewed salary surveys to ensure their competitive compensation packages remained attractive.
O departamento de RH revisou pesquisas salariais para garantir que seus pacotes de remuneração competitiva permanecessem atraentes.
In Brazil, competitive compensation is a critical factor in recruitment and retention, particularly in competitive sectors like technology and finance in São Paulo. Companies increasingly highlight competitive compensation in job postings to stand out. In the USA, especially in NYC, this term is standard HR vocabulary and often appears in job advertisements, reflecting the emphasis on attracting talent through financial incentives. The concept extends beyond salary to include bonuses, stock options, health insurance, and other benefits packages.
NYC Slang
good money / solid pay package
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