Salary ranges in job postings could be a game changer for some job-seekers — via financialpost
First things first, for those not following, what’s happening this week in New York City and what does it mean?The city is passing legislation that makes it a legal requirement for job listings to include a salary range, whether that’s an hourly rate or annual salary. For now, because it’s so new, the practice is admittedly quite vague. As people and organizations either correctly or incorrectly execute the process, the process will become more defined.
Those numbers represent a very broad range…They do, yes, and one problem we might see is that organizations list ranges that are so wide they’re essentially meaningless. This wouldn’t serve anyone. The hope is that companies will actually stop and really determine the value that a specific role brings to the company before they ever meet a candidate. This is actually backwards from the way employers tend to hire now, where they first decide on the person and then determine what they’re worth.
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