LinkedIn to show 'Salary Insights' on each job posting
- LinkedIn has introduced Salary Insights, a feature that will appear on job listings and will show an estimated or expected salary for each role, if possible.
- While the site has been providing salary information based on user-submitted data for some time, this addition includes market data and gives employers the opportunity to control the information displayed. Employers can offer an "expected salary" for a specific posting; if they don't, LinkedIn will show an estimated salary if it has enough information to do so.
- Another new feature announced, LinkedIn Scheduler, connects candidates and recruiters through Google or Office 365 calendars to automate scheduling. Candidates receive a list of available slots and choose the time that suits their needs. Recruiters can view upcoming interviews without having to swap apps.
The trend toward pay transparency continues to gain momentum as another major player in the recruitment industry joins in. Google for Jobs announced they would post salary information late last year, while major players like Amazon and Progressive announced they will no longer ask for salary history information from candidates.
The moves are are happening at the same time that a growing body of legislation bans the salary history question from the hiring process. The laws are aimed at ending pay disparities based on gender and other factors. (For a list of states and localities that have banned salary history questions, see HR's Dive's tracker here.)
Employers also are considering shifts toward greater transparency with employees. When workers understand how their pay is set, they're much more likely to be satisfied with their compensation, one study shows.