With the current tight labour market, HR professionals are constantly looking for the best ways to attract talent and ensure an efficient recruitment process. One factor that job seekers are increasingly considering when deciding whether to apply for a position is the salary and benefits package available. Two recent surveys, one from the US and the other from France, showed similar results revealing that almost 9 out of 10 job applicants want to know the salary before applying for a job.
While the American study showed that "85% of upcoming and recent grads say they're less likely to apply for a job if the company does not disclose the salary range in the job posting", the French report revealed that 87% of job applicants want to know the wage before applying. However, it is disclosed by the recruiters only 30% of the time.
See other discrepancies between what job applicants are looking for and what information is being shared by recruiters with the infographic below!
As data shows, it is important to remember that salary information is crucial for job seekers when applying for a job. Employers must consider this factor and be open and transparent about salary details. Doing so can help attract the best candidates and ensure a successful outcome.
Do you think disclosing the salary in job postings will help attract the right applicants? Yes or no? Let us know in the comments below!
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1 Comment
Salary transparency is a must–if candidates (or even interested applicants) don’t know the salary being offered, how can they make an educated decision on whether or not to move forward? It just seems that being transparent with those figures could lend to a more efficient hiring process.
1 year ago