A recent report indicates that job applicants now face an average hiring time of six months, emphasizing the importance of a strategic interview approach. Candidates are encouraged to ask questions to demonstrate their interest, yet many hiring managers ignore candidates who inquire about pay. A SideHustles.com study reveals that job seekers prioritize pay transparency, with a notable distrust of companies that don’t disclose compensation. This lack of transparency not only complicates job searches but also affects employer talent acquisition, with many candidates opting not to apply if pay is undisclosed.
Given that timeline - and the fact that some job-seekers might put in hundreds of applications before they receive an offer letter - it can pay, literally, to be strategic during the interview process.
The lack of transparency around compensation can not only throw a wrench in an applicant's job search but also make it more difficult for employers to find the right talent.
One in four gig workers would never apply to jobs without listed pay, and 68% don't trust companies that hide pay information because they believe it means the job pays poorly.
Young professionals who want to make sure their salaries are fair should always be prepared to negotiate once they receive an offer.
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