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Competitive salary

I've found a job which states that the salary is 'competitive', which is always ambiguous. It's a trainee business analyst position at a medium-large employer (circa 3,000 staff) in the south of England. Can anyone shed any light on what the salary could be? Approximately?

Comments

  • FredG
    FredG Posts: 213 Forumite
    It'll be "competitive".


    In all seriousness any time I've applied for a position that doesn't specify a salary in the past they have been below average on the whole. If the salary is attractive, you'd advertise it.
  • Andy_L
    Andy_L Posts: 13,162 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    Competitive means the bare minimum they can get away with paying and still be able to recruit
  • Snakey
    Snakey Posts: 1,174 Forumite
    Competitive means they don't want their existing staff to find out what today's market rate for the job they're doing actually is.
  • jamesperrett
    jamesperrett Posts: 1,013 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    Not sure whether it is any good or not but I keep getting bombarded with email from this lot...

    https://www.morganmckinley.co.uk/article/benchmark-your-salary-and-bonus-emolument
  • Gavin83
    Gavin83 Posts: 8,757 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    I always take a salary being advertised as 'competitive' as a bad sign. That to me suggests the salary is either fairly poor or it's completely up for negotiation. Either way it's a red flag to me and I generally wouldn't apply for a job that didn't list the salary.

    If you want to apply for the job at least be clear what the minimum is you'd accept and use that as a baseline.
  • I have seen plenty of these knocking about on job websites. As a trainee anything, in the south you can probably expect anywhere between 15-20k. I'm a trainee engineer in the East/South-East and I get 17k if that gives you an indication. Best thing to do is contact them and ask them what they're willing to offer.
  • Stylehutz
    Stylehutz Posts: 351 Forumite
    Competitive is just a clever way of saying "meets the paying minimum wage requirement". Don't expect any more, if it does then look at it as a bonus.
  • The only way to find out is to contact the firm/employment agency and ask for the range

    When I look for jobs and they're marked as 'competitive' the range can be as much as £30k in terms of the highest and lowest salaries they are looking to pay for.
  • gettingready
    gettingready Posts: 11,330 Forumite
    10,000 Posts Combo Breaker
    Personally I do not bother wasting time and energy on applications for "competitive" as 99% of the time it is way below market rates.

    To put any effort/time into applying for such vacancy only to be told at the interview that is way below what I would be willing to accept - nah...
  • pioneer22
    pioneer22 Posts: 523 Forumite
    Part of the Furniture 100 Posts Combo Breaker
    anon123987 wrote: »
    I've found a job which states that the salary is 'competitive', which is always ambiguous. It's a trainee business analyst position at a medium-large employer (circa 3,000 staff) in the south of England. Can anyone shed any light on what the salary could be? Approximately?

    Call them and ask.
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