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Why companies don t want you to share your salary?
“Employers hate it when employees discuss salaries because it exposes discrimination and other unfair pay practices,” she says. “If your employer has a written policy or contract prohibiting salary discussions, you can report them to the National Labor Relations Board.”
Why don t employers post salary ranges?
In today's market, companies also hesitate to advertise their compensation packages because it makes them vulnerable to their competition. Competing organizations could use salary information to win candidates by offering them more money or by targeting high-performing senior staffers.
Why do companies hide pay?
In today's market, companies also hesitate to advertise their compensation packages because it makes them vulnerable to their competition. Competing organizations could use salary information to win candidates by offering them more money or by targeting high-performing senior staffers.
Why do companies keep salaries secret?
Perhaps the most common reason employers choose to keep pay ranges a secret is so they have the advantage in pay negotiations. They have more power with the knowledge they have, and they can capitalize on their applicants' lack of knowledge and negotiating experience to skimp and save on money.
Why don t companies tell you how much they pay?
No salary listed, more diverse applicants In some cases, companies don't list a salary because they'd be willing to pay even more for a truly exceptional candidate. Many times, the salary range is intended for average applicants, but organizations will reach for the absolutely perfect fit.
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