Research shows that the majority of candidates are less likely to apply for roles that don’t specify salary. It’s clear that job seekers want to apply for roles at businesses that are open about what they pay.
The poll also reveals almost half of managers admit to leaving pay details out of adverts despite including them leading to more high-quality applicants and saving recruiters time. It’s clear that job seekers want to apply for roles at businesses that are open about what they pay.
Research shows that three in five (62 percent) of hiring managers thought a lack of salary transparency had no negative impact on applications. This was despite separate analysis of jobs adverts revealing that those showing salary details attracted 27 percent more applications than those without.
Additionally, more than two in five (42 percent) hiring managers reported that providing salary details delivered more applications, while a similar proportion (38 percent) believed it delivered greater relevancy of applications, and a third (35 percent) felt it saved time in the recruitment process.
At Kenect, we are very transparent and will always strive to display pay rates on job adverts where we can.
Read more here: https://www.peoplemanagement.co.uk/news/articles/majority-jobseekers-less-likely-apply-roles-dont-specify-salary-research-finds#gref
