Pay Transparency Has Quantifiable Benefits

Nov 23, 2022, 9:28 AM

(From HR Dive) Employers that list their pay ranges in job postings save an average of 67 cents per online engagement, a recent report found. Those savings were reflected across the U.S. and in different industries, and in the education sector, cost-per-click was 53% lower. The report comes out as an increasing number of states are requiring employers to disclose salary ranges in job postings. Before too long, as many as 1 in 5 Americans will live in states that require employers to detail the salary range, either annually or hourly, in a job posting.

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