The Management Tip of the Day from Harvard Business Review

 

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September 04, 2014 Include Salaries in Your Job Descriptions to Attract More Candidates If your rate of hiring isn't where you want it to be, maybe it's time to rethink your recruiting strategy — and what mistakes you might be making. A common one is excluding salary ranges from job descriptions. Many employers don't mention pay in job listings because they want the upper hand in salary negotiations or they're worried about internal politics. But if you make the salary known, you'll gain a leg up over your competitors who don't. Transparency can be a huge advantage — especially if your company is offering compensation packages at or above the market rate. Job seekers are more likely to apply when they see a salary range listed. The disclosure also signals that your company is forthright and willing to engage in dialogue. Adapted from " 7 Reasons Your Company Can't Hire" by Brent Rasmussen.

PREVIOUS TIPS Start a Negotiation Off the Right Way Delegating Your Email to a Trusted Assistant Engage Employees by Sharing Your Financials Think About Inclusion, Not Just Diversity Recognize When You’re Being Passive-Aggressive Don’t Stop Learning Once You Hit the C-Suite

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