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Almost all employees OK with jobs adverts disclosing wage ranges, however 22% say it might create rigidity


October 21, 2022

Almost all employees, 98%, imagine employers ought to disclose wage ranges of their job postings, in line with a Monster survey of 6,666 employees on Oct. 17. The ballot comes as a number of jurisdictions start to require wage disclosures in job adverts.

Monster’s ballot additionally discovered that 53% claimed they’d refuse to use for a job if a posting doesn’t disclose the wage vary.

In relation to equity, 53% as properly imagine putting wage ranges will result in wage fairness and scale back or remove pay gaps. As well as, the ballot discovered 43% imagine transparency will result in increased wages for all employees, and 42% are hopeful it would deliver increased employee productiveness and satisfaction.

Alternatively, pay transparency has some employees fearful. Monster’s survey discovered 22% fear that wage disclosure legal guidelines will result in rigidity between colleagues due to unequal pay. As well as, 18% imagine it would deliver extra pay discrimination lawsuits in opposition to employers.

Additionally, 40% of employees who see a job posting with increased pay for his or her position, or an analogous position from their employer, would use that as leverage to get a pay enhance at their present job; nevertheless, solely 3% would give up.

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