Definition
A vague promise in job postings that usually means below-market salary plus benefits everyone else offers anyway. It's competitive only if you're comparing against companies actively trying to underpay people.
Example Usage
They offered a competitive compensation package that was competitive with salaries from 2015.
Source: Job posting and recruitment language
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See “competitive compensation package” in Corporate Speak, Gen-Z Slang, Pirate Speak, and more.
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llol
literally laughing out loud...