Q: I’ve been hearing a lot about pay transparency—especially as it affects listing salary ranges on job postings. Should we be considering this, and if so, what are the implications for our current workforce and new hires?”
A: You’ve hit on a very hot topic. Pay transparency is a topic with which organizations need to get more comfortable; it is especially critical in the talent-acquisition universe.
According to LinkedIn survey, 91 percent of U.S.-based respondents reported that seeing the salary range on a job posting would positively influence their decision to apply. Knowing this, I would strongly urge you to include the salary range in your postings.
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