In the past, most co.s were not clear about salary transparency. Now, it’s more common to discuss pay openly…instead of hiding it under a rock. This has helped narrow the pay gap, changing co.s for the better. They’re gaining more trust from employees and getting 30% more apply starts. Make Pay Transparency a Common Practice… Read more »
Posts Tagged:Salary
7 “Must-Knows” about Job Postings with Salary Information [+ without]
Despite growing pay equity and transparency developments, many employers still hesitate to show their job postings with salary info. According to Payscale’s 2022 Compensation Best Practices, 68% of organizations share pay ranges with employees, but only 22% do so in the job ad. Many studies reveal that Gen Z and millennials are more interested in… Read more »
6 Must-Know Pay Equity Laws for Hiring
Being clear and transparent about employee compensation is a step towards pay equity. So, more and more states are starting to require it in job postings. And, many companies are listing salary info even if it’s not required by law. Are you compliant? Pay equity laws vary based on the state you are hiring in…. Read more »
6 Reasons Why Salary is the #1 Lever to Attract Talent [+ keep them!]
In an increasingly competitive job market, transparency about your salary offers helps boost your chances of attracting (and retaining) top talent. Not sure why? Here are 6 reasons why salary is important to attract candidates: 1. Salary info attracts highly-qualified candidates A Fairygodboss study on How 2020 Changed the Job Search Landscape shows: “60% of… Read more »
4 Examples of Pay Transparency Law’s Impact on Job Postings
Pay Transparency is hotter than ever. And equal pay laws are changing fast. 17 states now ban salary history to go along with 19 more local (cities, counties, etc.) bans, according to the great resource HR Dive (see Salary history bans). Some of the new state laws have an impact on your job descriptions/job postings. Not… Read more »
