English
English
SpanishWhen you’re writing a job posting for your company, you’re likely focused on the requirements and details about the position. However, you should also consider posting the pay range.
Though pay range wasn’t always published in the past, advertising it is becoming the new norm. In fact, according to the iHire 2023 State of Online Recruiting Report, approximately 62% of employers report always including salary range in a job opening post, up 8.3% from the year before.
Yet, many companies are still wary about disclosing salary range – and for good reason. It means competitors and existing employees can see what you’re paying. It can also make the hiring situation more difficult to negotiate when you want to secure the top candidate at the lowest cost.
But pay transparency is here to stay. In some cases, it’s due to new regulations requiring companies to disclose this information. In others, it’s due to the advantages it offers employers over their competition. This includes:
Why is Posting Pay Rates Important?
Appealing to higher quality talent.
Many candidates report only applying to positions with pay ranges. When it comes to top-quality talent, you don’t want to miss out. This is particularly important for those mission-critical positions you’re trying to fill.
Enhancing employer brand.
Not only does including a salary range attract experienced candidates, but also demonstrates that your company values transparency, further appealing to top candidates. It sends the message that you’re not being secretive about pay, but instead are open and ready to discuss it.
Saving time and improving recruitment productivity.
It’s not uncommon for a candidate to apply for a job, interview, and then find out about salary range – only to realize it’s not a fit for their needs. Avoid all this by including the pay range right in your job posting. This way, if it doesn’t align with a candidate, they won’t waste their time – or yours – applying.
Get help with job postings and pay ranges.
When you want job postings that deliver results in the form of exceptional candidates, OneSource Staffing Solutions can help. As an experienced staffing agency, we have a proven track record of connecting employers to smart, hard-working candidates. We’ll take the time to learn about your company, culture, and job opening, as well as research competitive compensation for your opening in the area. This way, we can craft a compelling job post with an appropriate pay range that attracts the best candidates for the job.
Ready to Find Quality Talent?
We’ll also screen, interview, and conduct reference and background checks – giving you more time in your day and better fit people for your positions. Let’s get started!
