Job listings containing salary information have more than doubled over past 5 years
People looking for new work are starting to see more information about the pay in job postings, but progress remains slow in certain sectors and exact salary figures are still few and far between.over the past five years on job postings site Indeed, according to a report by senior economist Brendon Bernard. As of February 2024, 49 per cent of postings on the Canadian website offered salary information compared to just 22 per cent in 2019.
Still, employers may not be providing salary information in the way politicians had expected. Pay ranges, not exact salaries, are becoming the norm in postings across the country, including B.C., Indeed said. Only 21 per cent of Canadian job ads at the start of this year offered precise pay numbers, down from 40 per cent in 2019. What’s more, higher-paying, white-collar industries, such as finance, engineering and project management, are even less likely to post exact salary amounts.
That scenario seems to be playing out across offices in the United States. Business leaders there say salary transparency laws have caused 11 per cent of their employees to discover they’re getting paid less to do the same job as co-workers, according to research from Payscale. It’s alsoBusiness leaders who pay yearly salaries may also be keeping amounts close to their chests in an attempt to save some money.
"The Soup Is Done, And No, I Can’t Just Pick The Onions Out": 13 Truths About Common Jobs That Are Kinda Shocking To LearnThe Financial Times reported over the weekend China has introduced guidelines to phase out U.S. chips from the companies and also wants to sideline Microsoft's Windows and foreign-made database software in favor of domestic options.
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