Job searching isn’t anyone’s favorite past time. It’s a long, time-consuming process. You search through hundreds of job descriptions and find a select few you’re excited about. They align with your skills, knowledge, and passion, so you eagerly search for the salary. You hope it matches what you need, only to find the dreaded words “compensation dependent on experience”. It makes you want to scream.
You’re not alone. We’ve all had the same experience. Most job seekers want to know the salary range before applying to make sure they don’t waste their time on a job that can’t meet their needs. So, if jobs with the salary range listed get a higher application rate, why don’t most employers list the salary range and opt for “DOE” instead?
Employers want someone who is looking for a good fit and not someone just looking for a paycheck, so being modest about pay is a way for employers to test candidates’ interest. Yes, the salary is an important reason to take a job, but it’s not the only reason. You want to make sure the company culture, among other things, is a good fit for you and you’re a good fit for the company. It might not make the most sense to you, but at the very least they’re avoiding salary-only focused candidates.
Most of the time salary ranges are for the average candidate, but some companies are willing the make the extra stretch for a truly extraordinary candidate. If a range is too low, then that exceptional candidate might not apply, even if the job is a perfect fit.
Companies are worried if they list a range, candidates will expect to receive the top of the range. The top end of the range is usually meant for the most qualified candidates, so if a newly hired employee doesn’t receive the higher end, they might feel resentful before starting the job. It’s not a great way to start at a new job. Employers want to avoid any confusion and misunderstanding. Keep in mind, if you’re offered the lower range salary, it doesn’t mean you’re not qualified or not the best candidate for the job. It could be you’re the best fit for the job and company culture, but you just might be lacking some needed skills you might have to learn.
If you can find the salary, then so can competitors and in turn, offer their new employee more money. Then the company just lost its new employee and has to start the search all over again.
There are typically inconsistencies in salaries within an organization, even with employees that have the same job title. When a job is posted, everyone can see the job description, so companies may be trying to avoid conflict within the organization.
Not all the reasons employers have for excluding the salary are the best excuses, but unfortunately, the practice is not going to go away anytime soon. So, what should you do if you find the perfect job and there is no salary listed?
Bonus tip: Keep in mind compensation isn’t only about salary. Your benefits also play a major role in your comp. So, if a company can’t meet your salary requirements, there may be some creative alternatives.
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