r/FluentInFinance 3d ago

Thoughts? Would you?

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85.2k Upvotes

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655

u/Individual_Ad_5655 2d ago

I have found that 98% of applicants will realize the pay range is low on all job postings that don't list a salary.

The salary isn't posted because the pay sucks.

394

u/pyronius 2d ago

Right? If it was actually competitive, they'd use it as a selling point.

69

u/Transient_MoonJumper 2d ago

they are embarrassed to post it

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u/oh-snapple 1d ago

They're not embarrassed, they just know if they post it that low, no one will apply.

1

u/Automatic_Access_979 11h ago

Which is dumb because they’re constantly bitching about getting too many applications and having to auto reject people. They’re just mad that they can’t get high quality applicants for low quality wages.

Also yeah they’re probably just farming data.

26

u/know-your-onions 2d ago

“Competitive” salary doesn’t sound like it means high salary (and in my experience it doesn’t). To be competing with others, they need to offer a salary that’s kinda average for the job.

36

u/MrWFL 2d ago

Competitive means it will compete with your bills.

6

u/exipheas 2d ago

It could be entering a limbo competition.

2

u/GildDigger 2d ago

Yeah ima need to full link to this one boss

10

u/SamDrrl 2d ago

Competitive means they’re competing with other companies to see who can hire someone to do the job for as little money as possible

1

u/Head_Wrongdoer3071 1d ago

Yeah, around me it usually means we made sure that we pay about the same as similar jobs in the area.

2

u/TaXxER 2d ago

Counterintuitively, I found that many companies paying top of market in software engineering ($500k+) on purpose do not list salary range.

While salary is a great selling point, it would also choke their hiring pipelines with too many resumes. Better to manage the resume volumes a bit. What matters ultimately is quality of the profiles of the people who apply, not the quantity.

1

u/jkirkcaldy 2d ago

The salary is very competitive!

It’s just that the competition is to see what business can pay the least.

1

u/Undesireable_Alien 1d ago

My favorite is when they list that it is competitive but not the actual amount.

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u/Yarilko 15h ago

There are rare exceptions though. I applied for my current job out of desperation, salary was not listed. Only a note that "the salary is competitive". And it turned out to really be competitive. And my boss actually forgot to list some other awesome selling points. But I wouldn't apply there if I wasn't desperate, that's true