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7 reasons why you should include a salary range in your job postings

Social Talent

According to SHRM , when looking at a job posting, compensation and benefits are the primary things that most candidates are looking for. Concealing compensation from candidates is all smokescreen – in the end, every potential employee has to be offered something. The benefits may far outweigh the shortcomings… .

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Tips for Developing a Powerful Compensation Philosophy

HRsoft

A compensation philosophy aims to ensure pay is market-competitive and aligned to the business strategy. To support these two factors, there are six components, or goals, of compensation philosophy: Attract top talent from the market. Keep in mind that compensation data may need to be reviewed outside of your specific niche.

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The pros and cons of posting salary ranges

Leoforce

Research shows that compensation is one of the first things job seekers look at when deciding whether to apply for a position or not. Another common reason employers might choose not to disclose salary ranges is to prevent their current employees from discovering what new hires will be earning (in comparison to their own pay).

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How to Build a Diverse Recruiting Strategy

Social Talent

Develop a consistent interview process : Predetermined questions and evaluation criteria allow for an equitable comparison of candidates and reduce the influence of unconscious biases. Implement transparent and objective criteria for performance evaluations, promotions, and compensation decisions.

Diversity 172
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Which Recruitment Metrics Are Right For You – Cost Per Hire?

ExactHire Recruiting

It may not be as simple as relying on comparisons for your industry because many factors can come into play such as your company size, geographic area, organizational culture, compensation and benefits package, number of steps in the hiring process and brand reputation.

Hiring 156
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The New Wave of Compensation Surveys: Addressing the Gender Pay Gap

HRsoft

For decades, compensation surveys have been the leading source where employers could go to learn about pay dynamics in the marketplace. This is likely due to the fact that our business landscape is characterized by a culture of legal risk aversion. Now, at least four compensation survey firms are collecting gender data in the U.S.,

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Tips for Developing a Powerful Compensation Philosophy

HRsoft

A compensation philosophy aims to ensure pay is market-competitive and aligned to the business strategy. To support these two factors, there are six components, or goals, of compensation philosophy: Attract top talent from the market. Keep in mind that compensation data may need to be reviewed outside of your specific niche.