Glassdoor Updates
Salary Estimates Added to Job Adverts on Glassdoor
Glassdoor Team
Glassdoor Team | Author & Career Expert at Glassdoor | 2 Apr 2020
Job seekers face a salary void when applying for jobs: more than a fifth of employees did not have an accurate idea of what salary was on offer when applying for their most recent job*.
We also know that 8 in 10 job seekers would prefer job ads to indicate an approximate salary. In response to this need and in line with its Mission, Glassdoor has introduced Salary Estimates to job listings in the UK. These Salary Estimates were designed to help job seekers understand and earn a competitive salary, providing them with the information they need to confidently negotiate their salary in either job interviews or on-the-job performance reviews.
Already displayed in Glassdoor job listings in the U.S., Salary Estimates display a range for annual base or hourly pay and are specific to job title, company, and location. They are visible on both desktop (image below) and Glassdoor's mobile app.
You might be wondering why we introduced this feature, and how it can help you as a job seeker?
Unlevel Playing Field
The UK’s Gender Pay Gap means women earn 82p to every £1 that men earn. Glassdoor strongly believes in the power of salary transparency to create a level playing field for all employees. This is supported by over two-thirds (67 percent) of employees who believe having a greater insight into what they could be earning would make them more likely to negotiate the salary at job interviews or performance reviews, and 70 percent who believe salary transparency can help to reduce the gender pay gap.
RELATED: Guide: How To Negotiate Your Salary
Greater Negotiation Intel, When You Need It
Employees and job seekers worldwide are feeling the impact of the coronavirus pandemic, with redundancies, furlough and job losses being reported across all industries. Salary Estimates will provide timely insight for job seekers who may be looking for jobs in new industries, or be considering a full career change, to help inform job offer and salary negotiation conversations.
Greater Transparency Leads to More Candidates
It’s not only employees who benefit from greater pay transparency. Employers can expect to see an uptick in applicants to their advertised roles if their job ads include an indication of the salary on offer; almost three-quarters (72 percent) of employees would be more likely to apply for a job that indicates an approximate salary.
Details on salary/compensation packages is the number one piece of information that Glassdoor users want employers to provide when evaluating a job or employer**. Employers that offer pay transparency, not only during the interview process but from the moment a job ad is activated, will therefore experience greater reception to their roles.
**Glassdoor U.S. Site Survey, November 2019
You might be wondering why we introduced this feature, and how it can help you as a job seeker?
Unlevel Playing Field
The UK’s Gender Pay Gap means women earn 82p to every £1 that men earn. Glassdoor strongly believes in the power of salary transparency to create a level playing field for all employees. This is supported by over two-thirds (67 percent) of employees who believe having a greater insight into what they could be earning would make them more likely to negotiate the salary at job interviews or performance reviews, and 70 percent who believe salary transparency can help to reduce the gender pay gap.
RELATED: Guide: How To Negotiate Your Salary
Greater Negotiation Intel, When You Need It
Employees and job seekers worldwide are feeling the impact of the coronavirus pandemic, with redundancies, furlough and job losses being reported across all industries. Salary Estimates will provide timely insight for job seekers who may be looking for jobs in new industries, or be considering a full career change, to help inform job offer and salary negotiation conversations.
Greater Transparency Leads to More Candidates
It’s not only employees who benefit from greater pay transparency. Employers can expect to see an uptick in applicants to their advertised roles if their job ads include an indication of the salary on offer; almost three-quarters (72 percent) of employees would be more likely to apply for a job that indicates an approximate salary.
Details on salary/compensation packages is the number one piece of information that Glassdoor users want employers to provide when evaluating a job or employer**. Employers that offer pay transparency, not only during the interview process but from the moment a job ad is activated, will therefore experience greater reception to their roles.
*Survey of 2,021 UK employees conducted by Censuswide, on behalf of Glassdoor, between 6th - 10th March 2020.
**Glassdoor U.S. Site Survey, November 2019
Glassdoor Team
Our team of savvy experts are here to help you, whether you’re navigating your career or working to make your company culture shine. Glassdoor has the unique insights and guidance you need to experience your best worklife. Stick around to learn how to prepare for an interview, negotiate your salary, develop DEI programs, engage your employees, understand the state of the job market, and more. Check out our community to share and learn from professionals just like you too.
Tags:COVID-19Gender Pay GapSalary Negotiation
