With companies clamoring for employees - will putting a salary range in their job postings help attract more applicants? At least 10 states - not including Texas - require it by law. Hiring expert Krister Ungerbock says research shows people are less likely to apply to a job posting that gives salary information. "If the law was created to create 'pay equity' - then this is a great example of trying to solve a perceived problem with the wrong tool! They [Government] are forcing companies to do things that will limit their ability to attract the best talent." He says job seekers could be missing an opportunity as well. "Sometimes applicants who are over- or under- qualified for the job listed are just right for another open position that is a great fit for their experience and skills level."
Job listings can include long lists of responsibilities and other details. Right now, only about 12% of listings include salary ranges. Ungerbock says that's a good thing. "I don't think there's really much good about putting salary ranges in a job listing. Again, research shows that people are LESS likely to apply to a job listing that has a salary range inside it."
He adds that most people apply for jobs that look interesting to them.
Photo:GettyImages
Photo: Getty Images