What is “Recruitment & Retention Salary” – a term included in a job ad. (bonus pay / value of salary or ?)?

Question by surge2_420: What is “Recruitment & Retention Salary” – a term included in a job ad. (bonus pay / value of salary or ?)?
Text from job ad:

Salary: $ 17.33 – $ 23.16 hourly *

Value of State-paid Health and Dental Insurance: $ 336.80 biweekly.
Value of State’s share of Employee’s Retirement: 19.22% of pay.

*Includes a 15% Recruitment & Retention Salary Adjustment and a 5% annual training bonus.

Best answer:

Answer by tangek
Sounds to me like they’ve grossed up the hourly wage by 15% to encourage someone who is qualified for the position to take the job and stay on.

Good luck!

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Tags: bonus, included, Recruitment, Retention, salary, term, Value

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Tagged with: bonus • included • Recruitment • Retention • salary • term • Value

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