Why companies don't post salaries in job adverts - Deepstash
Why companies don't post salaries in job adverts

Why companies don't post salaries in job adverts

Curated from: bbc.com

Ideas, facts & insights covering these topics:

2 ideas

·

437 reads

13

Explore the World's Best Ideas

Join today and uncover 100+ curated journeys from 50+ topics. Unlock access to our mobile app with extensive features.

Salary transparency

Salary transparency

In traditional corporate environments, the salary is often hidden because it’s a game of cat and mouse trying to figure out what salary the candidate is currently on, what they’re expecting, and what the company is willing to pay.

But this lack of disclosure hurts workers. Knowing the expected salary upfront lets a candidate understand whether a job will be financially viable for them. It also streamlines conversations later in the hiring process.

12

261 reads

Why companies don't post salaries in job adverts

  • Employers don’t want to publicize how much they pay because it’s going to create resentment among organizational members. In certain labor markets, employers may have to pay higher salaries to attract the best talent, which could cause conflict internally if existing employees.
  • When you make compensation public it makes it easier for the competition to poach your employees.
  • Many employers also withhold salary information to give them more negotiation leverage with potential candidates as they advance to latter stages in a recruitment process – particularly as more jobs go remote. 
  • Some companies also fear that if they list a salary band, all applicants will expect to receive the figure at the top end of that range, even if that figure is only reserved for the most qualified candidates.

13

176 reads

IDEAS CURATED BY

briagom

Outer body experiences aficionado

Brian Gomez's ideas are part of this journey:

Managing Remotely

Learn more about corporateculture with this collection

Effective communication with remote employees

Strategies for building trust and accountability

Techniques for managing remote teams

Related collections

Read & Learn

20x Faster

without
deepstash

with
deepstash

with

deepstash

Personalized microlearning

100+ Learning Journeys

Access to 200,000+ ideas

Access to the mobile app

Unlimited idea saving

Unlimited history

Unlimited listening to ideas

Downloading & offline access

Supercharge your mind with one idea per day

Enter your email and spend 1 minute every day to learn something new.

Email

I agree to receive email updates