Yes but if `negotiations` fail in the end because the max they can offer is lower than your acceptable minimum, both company and you end up wasting valuable time because now both of you need to do entire loop again.
As a candidate definitely. It tells me what is the maximum company is willing to offer to me. Helps to avoid situations when after applying and going through a lengthy technical interview process me and company both found out that their maximum is actually 1K less than what I currently make.
could you explain what was the disaster ? You had huge uproar from existing employees once they found out that company is willing to pay more to newer employees OR not enough candidates applied for the job posting with salary information ?
Not the person you asked, but we had a flood of low-quality candidates which clogged up our pipeline. Eventually the process was redesigned to have a more aggressive funnel, but candidates don't like that either.
If they were not applying because salary ranges were too low for them they would have ended up rejecting your offer in any case. So to me it looks like you saved time and resources on stray leads.
why can't those levels and corresponding salaries can be mentioned in the job post. I don't think any candidate would object and the chances of candidates rejecting your offer would be minimum.
> it's not fair to us to post salaries, because it'll look low and we'll lose candidates *
Is that a valid argument ? I mean if it is low even after going through the hiring process people will end up rejecting the offer. Its just that both candidate and company would have sunk quite a lot of time in interview process.
another motivation is that companies don’t often want other employees knowing how much the new hire could be making, then realizing they haven’t had a raise in awhile. or that they didn’t negotiate nearly enough when they got hired.
Why wouldn't you include the option grant in the job advert though ? I know some people (including me, couple of years ago) who specifically try to find places where there is a huge upside potential through options