Featured, Talent Acquisition

Salary Estimates in Jobs: What Employers Need to Know

63

Earlier this year, Glassdoor introduced salary estimates in job listings on Glassdoor.

Why? To better match the right people with the right companies, helping employers hire informed and quality candidates. Many employers are already seeing more interest in their jobs from quality candidates on Glassdoor, which is great for business.

To make this a benefit for both employees and employers, it’s important that companies have all the information they need around salary estimates in job listings, including how you can address any concerns with pay ranges displayed.

Here are 5 FAQs to help you with salary estimates in your jobs. And, find more information in our Help Center article.

1. Why are you showing salary estimates in job listings?

For employers, salary estimates in job listings help you recruit and hire. It helps employers significantly by driving greater interest to your jobs and reducing time in the recruitment and interview process by ensuring only informed candidates with the right expectations apply.

Providing pay information at the beginning of the recruiting and interview process helps candidates self-select out, reducing the number of resumes needed to get to a hire in half (Based on applicant-to-hire ratios in a 2015 study of 30 million applications from a leading third party recruitment agency). Hiring decision makers also report that when they hire informed candidates (including candidates informed about pay realities), the top three benefits they see are better retention rates, and more productive and more engaged employees (Glassdoor Survey, August 2017). Since introducing salary estimates in job listings in late January 2017, preliminary data shows that more job seekers are clicking on and applying to jobs with salary estimates, bringing more interest to an employer’s job listings (Glassdoor Internal Data, August 2017).

For job seekers, including salary information in job listings helps too, providing them the added pay information they’ve been asking for, and helping them find jobs where pay realities meet their pay expectations. In fact, data shows that job seekers want more insight into salary and comp during the job search process, as nearly all (98%) job seekers and employees say it would be helpful to see pay ranges included in open job listings (Glassdoor Survey, April 2017). Seven in ten (72%) job seekers and employees also report that salary and compensation are among their top considerations before accepting a job (Glassdoor Survey, April 2017).

2. I am the employer for a job listing and the salary estimate is off. Can I update the estimate?

Yes. If employers feel a Glassdoor estimated pay range is off on your job listing(s), employers are welcome to update pay ranges themselves by logging  into their Employer Center with a Free Employer Account. Once in, just click on the “Jobs & Recruiting” tab, and then “All Jobs.” Pay ranges on jobs that employers update will be reflected within one business day. If pay ranges are not updated or there is a problem, employers can contact our salaries team at salaryestimates@glassdoor.com.

3. I am the employer and we did not give you permission to include pay information in our job listings on Glassdoor. Please remove it.

At Glassdoor, our goal is to help match the right people with the right employers by leveraging workplace transparency, including offering more information around pay to help ensure pay expectations meet pay realities. In turn, this helps employers recruit more informed candidates which employers say lead to better retention rates, and more productive and more engaged employees (Glassdoor Survey, August 2017). We are also committed to treating all employers equally, regardless of paid or unpaid relationships with Glassdoor. As such, we do not remove salary estimates from a company’s job listings on Glassdoor.

However, pay ranges can be updated to reflect more reliable pay ranges that you, the employer, would like displayed. All you have to do is log into your Employer Center with a Free Employer Account.  Once in, just click on the “Jobs & Recruiting” tab, and then “All Jobs.” Pay ranges on jobs that employers update will be reflected within one business day. If pay ranges are not updated or there is a problem, employers can contact our salaries team at salaryestimates@glassdoor.com.

4. How are salary estimates calculated?

Salary estimates are generated by Glassdoor using salary data from millions of U.S. employees and third-party sources using patent-pending machine learning algorithms. Salary estimates factor in recent user-generated salary reports for similar job titles at the company, its competitors and other employers for a specific location.

5. Why are there salary estimates in some job listings, but not all?

Salary estimates currently appear in more than half (approximately 52 percent) of online job listings found on Glassdoor in the U.S. only. In the near future, we hope to increase our coverage of salary estimates in job listings, including increasing coverage to markets outside the U.S.

If a salary estimate is not provided in a job listing found on Glassdoor, it means there is not enough data available for our proprietary algorithm to calculate a reliable salary estimate. But, as more data becomes available, a salary estimate may appear in that job listing at a later date.

For more information on salary estimates in job listings on Glassdoor, see our Help Center article.

Also, here are some helpful pay resources for employers from Glassdoor:

LEARN MORE & DOWNLOAD:

Glassdoor’s Guide to Salary Conversations
Never dread the compensation conversation again.

Get Started Today

Contact Us or call (888) 355-9323
Subscribe to Our Blog