Pay transparency: Many workers avoid listings without pay details - Silicon Valley Business Journal

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Many states are requiring salary details in job listings. But even companies outside of those states may want to take the step. Here's why.

to include salary details in their job postings.

Recruiters say more candidates are looking for pay details and ignoring postings that exclude them. A new survey by job search engine Adzuna found 33% of job seekers are willing to walk away from a job opportunity if they don't get the details they need prior to an interview.importance of pay transparency in what remains a tight market for talent.

Monro said the push for pay transparency, which includes a growing number of states and cities that are requiring at least a salary range be disclosed, also represents an important step toward closing the gender pay gap.some employers are embracing calls for pay transparency “Companies that provide salary ranges can gain a competitive advantage, especially in a tight labor market,” Erin Lau, an HR services manager with human resources software provider Insperity Inc., previously told. “As the jobseekers' market continues to gain momentum, employers can stand out in the crowd when they make salary ranges public knowledge, especially for remote positions in states without the law and among competitors that do not list salary ranges.

 

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