Leading jobs site Indeed recently stated that U.S.-based job listings will include salary ranges, either entered by the employer or estimated by an algorithm developed by Indeed.
We've rounded up articles from SHRM Online and other trusted outlets on the news.
Job Seekers Crave Pay Transparency
Salary is one of the most important pieces of information that job seekers value when looking for a job. Indeed automatically pulls salary details from job descriptions when present, and employers can input salary details when posting a job. When salary information is not included, Indeed intends to add a salary estimate to the post, based on a variety of factors, including job title, experience qualifications, education requirements and job location. Employers can modify the estimate.
(Indeed)
Microsoft Will Reveal Salary Ranges in Job Ads
Microsoft announced that it would disclose salary ranges for all job postings in the U.S., starting in January 2023, in response to the requirements of a new Washington state law. It would be one of the first major employers to take such a step amid the burgeoning movement toward pay transparency.
Mandates for Pay Disclosure Change Hiring Conversations
Employers are facing an expanding wave of state mandates to disclose pay ranges for open positions.
More Employers Post Salary Ranges to Attract Workers
The number of U.S. job postings that included salary ranges rose in 2021 as employers struggled to attract and hire workers in a tightening labor market.
NYC Pay Transparency Law Goes into Effect Soon
New York City's Wage Transparency Law takes effect Nov. 1, and employers—including businesses outside the city with job ads for remote work—are realizing one of the unintended outcomes of complying with the law may be pay compression.
California Poised to Expand Pay Transparency
In its current form, California Senate Bill 1162 requires employers with at least 15 employees to include a position's pay scale in any job posting, including those posted through a third party. The bill also requires employers to provide the position's pay scale to applicants and employees upon request.
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