LinkedIn Data: 91% Of Applicants Want Salary Range In Job Posting
A LinkedIn study finds 91% of job seekers are more inclined to apply for a position if the job posting includes the salary range.
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The job market is constantly evolving, and one trend that’s on the rise is salary transparency.
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According to a recent survey by LinkedIn, 91% of US-based respondents said that seeing a salary range in a job post would impact their decision to apply.
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The survey found that salary ranges were almost as important as the role’s responsibilities in determining a candidate’s decision to apply.
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82% of respondents in another LinkedIn survey said that seeing a salary range in a job description would give them a more favorable impression of a company.
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2023 is shaping up to be a big year for salary transparency, with California and Washington joining the growing list of states and municipalities that require employers to include salary ranges in job listings.
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It’s estimated that pay transparency laws now cover 20% of all US workers.
But why is salary transparency so important?
Not only does it help level the playing field and promote pay equity, but it can benefit businesses in the long run.