Dugan Kern’s Post

Including salary ranges in job ads is crucial for attracting top talent and building trust. Here’s why: Attracts Top Talent 🚀 - Candidates prefer ads with clear pay information, bringing in serious applicants. Saves Time ⏰ - Helps filter out candidates with misaligned salary expectations, streamlining the hiring process. Builds Trust 🤝 - Demonstrates transparency and fairness, enhancing your reputation. Promotes Equity ⚖️ - Reduces wage disparities and ensures evaluations are based on skills, not negotiation. Legal Compliance 📜 - Meets emerging legal requirements, avoiding potential issues. Let’s lead the change for a more transparent and equitable job market! 🌟 #Hiring #JobMarket #Transparency #Recruitment #Equity #EmployerBranding https://lnkd.in/eK_c3hV9

𝗧𝗵𝗲 𝗩𝗮𝗹𝘂𝗲 𝗼𝗳 𝗜𝗻𝗰𝗹𝘂𝗱𝗶𝗻𝗴 𝗣𝗮𝘆 𝗦𝗰𝗮𝗹𝗲𝘀 𝗶𝗻 𝗝𝗼𝗯 𝗟𝗶𝘀𝘁𝗶𝗻𝗴𝘀 In today's dynamic job market, transparency is a cornerstone of effective recruitment. One significant way to demonstrate this transparency is by including pay scales in job listings. 𝗛𝗲𝗿𝗲’𝘀 𝘄𝗵𝘆 𝘁𝗵𝗶𝘀 𝗽𝗿𝗮𝗰𝘁𝗶𝗰𝗲 𝗶𝘀 𝗯𝗲𝗻𝗲𝗳𝗶𝗰𝗶𝗮𝗹: 1. 𝗖𝗹𝗮𝗿𝗶𝗳𝗶𝗲𝘀 𝗥𝗼𝗹𝗲 𝗩𝗮𝗹𝘂𝗲💼: Clearly stating the compensation associated with a role helps candidates understand its importance within the organization. It sets clear expectations and aligns the role with market standards. 2. 𝗦𝗮𝘃𝗲𝘀 𝗧𝗶𝗺𝗲 𝗮𝗻𝗱 𝗘𝗳𝗳𝗼𝗿𝘁⏳: Providing pay information upfront allows candidates to make informed decisions early in the application process. This helps them focus on opportunities that match their salary expectations, thereby streamlining the hiring process for both parties. 3. 𝗗𝗲𝗺𝗼𝗻𝘀𝘁𝗿𝗮𝘁𝗲𝘀 𝗢𝗿𝗴𝗮𝗻𝗶𝘇𝗮𝘁𝗶𝗼𝗻𝗮𝗹 𝗖𝗼𝗺𝗺𝗶𝘁𝗺𝗲𝗻𝘁 🤝: Companies that disclose pay scales exhibit a commitment to fairness and openness. It sends a strong message that they value their employees and are willing to invest in attracting and retaining top talent. Conversely, withholding this information can give the impression that the organization is more focused on cost minimization than on employee satisfaction. Including pay scales in job listings is a strategic practice that fosters transparency, saves time, and enhances an organization's reputation as an employer of choice. What are your thoughts on this? Do you agree with the importance of listing pay scales in job postings? I’d love to hear your perspectives! 💬 #Hiring #JobSearch  #Transparency  #Recruitment  #EmployerBranding #TalentAcquisition  #HR #Careers  #Compensation  #EmployeeEngagement

💰 Tip Tuesday: The Importance of Pay Transparency in Job Postings 💰 In the current competitive job market, transparency in salary ranges is more crucial than ever. It builds trust, sets clear expectations, and promotes fairness. 🌟 Enhancing Trust: Transparent salary information builds credibility with potential hires and within your existing team. Employees appreciate knowing where they stand and what opportunities are available. 💼 Attracting Top Talent: Candidates are more likely to apply for positions with clearly defined compensation. It shows that your organization values honesty and equity from the start. 📊 Promoting Fairness: Pay transparency helps address wage gaps and ensures equitable compensation practices. It supports diversity and inclusion by leveling the playing field for all applicants. 🏢 Boosting Morale: When employees feel they're being paid fairly, they're more likely to be engaged, motivated, and loyal to the company. Let's lead by example and make pay transparency the standard in our job postings. It's a win-win for businesses and job seekers alike! 💪 Want to learn more ways on how to attract top talent? Schedule a Demo: https://bit.ly/3S9esqs What are your thoughts on pay transparency? Share your experience below! 👇 #PayTransparency #JobPostings #HR #TalentAcquisition #EquityAndInclusion #WorkCulture #EmployeeEngagement #Leadership #Innovation #TopTalent #BusinessGrowth #AttractTopTalent #LastingImpact #HiringSuccess #EmployerBrand #RecruitmentStrategy #GoToro #DigitalAdvertising #JobAdvertising #Advertising #recruiting #recruitment #hiring #jobs #jobsearch #job #hr #careers #nowhiring #employment #recruiter #career #humanresources #work #staffing #jobseekers #hiringnow #business #jobhunt #resume #jobopening #jobseeker #vacancy #jobsearching #jobopportunity #recruitmentagency #recruiters #jobinterview #interview #applynow #Recruitment #HR #TalentAcquisition #HiringTrends #FlexWork #DiversityAndInclusion P.S. Repost this ♻️ for your network.

Salary transparency has become a hot topic lately. As a recruitment marketer, I often get asked why companies don't post salary information upfront in job ads. Companies often do not include salary information in job postings for several reasons: * To avoid resentment between employees who may be paid differently for the same role. Employees earning less could feel unfairly treated if they knew what new hires were offered. * To have more negotiation power with candidates. By not listing a salary upfront, employers can negotiate pay more flexibly based on the applicant's experience and qualifications. * To prevent losing staff. Employees may be poached by other companies if salaries are made public. * To manage candidate expectations. Candidates may expect the highest pay if a range is listed, even if that salary is only for exceptional applicants. By not posting pay, employers can better align offers with candidate merit. While this approach favours employers, it can create a poor candidate experience too. So, my question is - how do you balance salary transparency demands with maintaining a competitive hiring strategy? What has worked at your organization? I'm curious to hear your thoughts!

Why Including a Pay Range on Job Postings Benefits Everyone At Renaissance Consulting, we believe in fostering transparency, trust, and efficiency in the hiring process. One key practice that embodies these values is including a pay range in our job postings. Here’s why it’s beneficial for everyone involved: Transparency and Trust Including a pay range upfront demonstrates our commitment to transparency. Candidates appreciate knowing that we are open and honest about what we can offer. This transparency builds trust from the very first interaction, setting the stage for a positive and respectful relationship. Attracting the Right Candidates When candidates see the pay range, they can quickly determine if the role aligns with their salary expectations. This helps us attract applicants who are genuinely interested and qualified, saving time for both parties. It also reduces the likelihood of mismatched expectations and awkward salary negotiations later on. Promoting Fairness and Equity Publishing pay ranges helps promote pay equity and reduces the likelihood of bias in salary negotiations. It ensures that all candidates are evaluated based on their skills and experience rather than their negotiation skills, fostering a more inclusive and equitable hiring process. Improving Candidate Experience Job seekers often cite unclear salary expectations as a major pain point. By providing a pay range, we enhance the candidate experience, making our opportunities more appealing. Candidates are more likely to apply when they have a clear understanding of what to expect. Saving Time and Resources Transparent pay ranges streamline the hiring process. HR professionals and hiring managers spend less time in negotiations and discussions about salary, allowing them to focus more on assessing the candidate’s fit for the role and organization. This efficiency benefits everyone involved. At Renaissance Consulting, we are proud to champion practices that lead to better outcomes for both employers and employees. Including pay ranges in job postings is just one of the ways we strive to make the hiring process more efficient, fair, and enjoyable for everyone. #Hiring #Recruitment #Transparency #PayEquity #JobPostings #HR #CandidateExperience #JobSearch #InclusiveWorkplace #SalaryTransparency #EmployeeEngagement #FairHiring #RenaissanceConsulting

This article in HR Dive by Carolyn Crist highlights a critical issue in today's job market: the need for pay transparency. In my book 'Human Beings First,' I advocate for candor and transparency in the workplace. Pay transparency is not just about listing a salary range; it's about demystifying pay structures for employees and job seekers. It's about building trust and ensuring equity. It's about establishing a clear compensation philosophy; doing the hard work of establishing pay range and pay architecture; educating managers on how to think about pay decisions for their employees; educating employees on the components of their pay, how the company thinks broadly about compensation, how their managers think about compensation and how compensation decisions are made. Transparency is a key to all of these things. Broad pay ranges in job ads can create uncertainty and even distrust among potential applicants. They can lead to questions about fairness and equal pay for equal work. Transparency in pay attracts the right talent and fosters a culture of openness and fairness within the organization. We must do more to ensure that pay is not a taboo subject but a transparent and open discussion. This starts with employers being upfront about compensation in job listings. It's about creating a work environment where discussions about pay are encouraged, and employees feel confident that they are fairly compensated for their skills and contributions. The piece also has some great insights from the Journal of Applied Psychology and Payscale. Let's work towards a future where pay transparency is the norm, not the exception. It's time we all do our part to demystify pay for everyone in the workforce. #Transparency #PayEquity

Why do companies pay more to external hires than current employees? I am not an Hr expert; however, I have experienced and seen people complaining after realizing that the new recruited staff is paid higher than them in the similar roles. Sometimes these newcomers receive double their salaries. Being in the employment for more than 10 years now, I have worked in different companies, I have decided to drop some of the reasons to justify higher payment for the external hires. 1.Switching jobs is not for everyone-Going through interviews and screening is not easy, it needs courage, determination and boldness. The process is not for the weak and the losers. This show that employees recruited from outside the companies have demonstrated special skills, knowledge and understanding that is lacking from the existing employees. 2.The risks of starting over is higher and therefore the higher the risk, the higher the return. 3.New staff from outside the companies are highly motivated compared to the existing staff who are familiar to the same environment. 4.New staff can easily identify the gaps within the companies and brings the solutions to these gaps. 5.New employees bring in new ideas and expertise and take their jobs to the new level. 6.New employees are excited and put in more effort to make their names in the new companies. 7.New employees from outside the companies bring in new perspectives to the job. 8. To motivate potential employees to leave their current employers, companies have to offer higher wages when recruiting from outside. 9. Hiring candidates from outside the companies open the opportunity to bring in professionals who can positively reinvent the workplace.  10. Professionals moving into new companies are often more adaptable and willing to embrace different ways of working. I would like to hear more from the Human resources experts why do companies pay more to external hires than current employees? In my view I can wind up by saying employees who move around demand a higher salary each time they move to a new job, tend to end up being paid more than employees who remain in the same job for long periods of time. Effectively, at many companies, if you are skilled employee, loyalty is not rewarded while job hopping is.

Happy Friday everyone! A hot topic at Hays currently is.....HOW IMPORTANT IS PAY TRANSPARENCY TO YOU? Let us know in our 10-min hiring trends survey........ ❓ Do you think your organisation is transparent about pay?   ❓ Would you apply to a role if the salary isn’t listed on the job description?  ❓ Do you think you and your equally capable colleagues are paid the same?  We’re exploring these topics and more in our annual Salary & Recruiting Trends survey. Take 10 minutes to complete the survey today and get your voice heard - link in comments

Curious about the top trends in job postings? They include pay transparency (Indeed says that over half of jobs now have salaries posted) and a shift from degree requirements to skills requirements. Waiting for regulations or being late to shift can have detrimental effects on your ability to hire top talent. How has your organization adapted to these changes? #talentacquisition #paytransparency #skillsbasedhiring #talent