Pay rates - what does LV mean?? (2024)

FAQs

What is a LV salary? ›

LV= Life and Pensions Salary FAQs

The average LV= Life and Pensions salary ranges from approximately £21,000 per year for a Customer Service Representative to £50,022 per year for a Business Analyst.

Simply put, pay rate refers to the amount of money an employee or freelancer is paid during a specific time span. In general, a pay rate consists of any kind of payment an employee or freelancer receive from an employer during a specific period.

While I really appreciate the offer to work for such a great company, I, unfortunately, must decline at this time, as the salary isn't within my preferred range. I had a wonderful time speaking with you during the interview. I wish you luck in your search for a candidate. Thank you again for this opportunity.

The lowest part of a candidate's salary range is normally their minimum compensation requirement. This is the lowest dollar amount that they're willing to accept. If an employer makes an offer below a candidate's minimum compensation requirement, it's likely that the candidate will drop out of the recruitment process.