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Recruiters fear 'wage secrecy' is to blame as average advertised HR salaries fall by 6 per cent

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Summary

Experts have expressed skepticism about Adzuna's report showing a 5.91% decrease in average advertised HR and recruitment salaries compared to last year. Recruiters believe that the decrease could be due to the decrease in salary information being provided in job postings and companies trying to compete for talent. It is also suggested that companies that have reached the limit of what they can afford should focus on other aspects of their employment offerings, such as designing good quality jobs with autonomy and other benefits. The research from Adzuna found that 50.1% of UK job listings are now published without indicated salaries. This comes as the Cabinet Office's Equality Hub responded to an open letter from tech recruitment company Liberty Hive, calling on employers to provide salary information in job adverts. Furthermore, it is suggested that the drop in wages could be due to the stabilisation of hiring trends. Companies are advised to have more transparency when it comes to salary roles.

Q&As

What is the average change in advertised HR and recruitment salaries compared to last year?
The average change in advertised HR and recruitment salaries compared to last year is a 5.91 per cent drop.

What do recruiters think about the data?
Recruiters are cautious about whether the figure is a true reflection of the situation and have not noticed a decline in salaries.

What has caused the decrease in advertised salaries?
The decrease in advertised salaries is due to companies growing more secretive about pay offers in order to compete for talent.

What did the Cabinet Office’s Equality Hub recently respond to?
The Cabinet Office’s Equality Hub recently responded to an open letter from tech recruitment company Liberty Hive.

What is the impact of companies withholding salary information in job adverts?
The impact of companies withholding salary information in job adverts is that it skews the data and could signify a selection “bias” in which higher paid roles do not contain salary details.

AI Comments

👍 This article provides a comprehensive look into the current state of HR and recruitment salaries and is a great source of information for employers.

👎 This article fails to provide concrete solutions to the issue of falling HR and recruitment salaries and suggests that employers should focus on offering other benefits instead.

AI Discussion

Me: It's about recruiters worrying that average advertised HR salaries have dropped 6% and experts aren't convinced that the figures show the true picture. They think that employers are obscuring salary information to quell discontent among incumbent staff.

Friend: That's really concerning. It's bad enough that wages are already low, but if employers are hiding salaries, that could really impact people looking for jobs.

Me: Exactly. The article also said that companies have been letting go of talent acquisition roles because they can't sustain the same level of hiring as before, and that could be driving salaries downward.

Friend: That makes sense. But employers should also have transparency on all salary roles they are advertising, and offer other benefits such as flexible working to make up for lower wages.

Me: Absolutely. The article also mentioned that the Cabinet Office's Equality Hub is calling on employers to provide salary information in job adverts. Hopefully that will help improve the situation.

Friend: Yes, that would be really helpful. I hope that employers will take the initiative and be more open about salaries.

Action items

Research the regulations and laws in the UK regarding pay transparency and salary information in job adverts.
Reach out to other HR professionals and recruiters to discuss their experiences with wage secrecy and salary trends.
Consider implementing a strategy that looks beyond pay to retain talent, such as offering autonomy and flexible working.

Technical terms

Wage secrecy: Refers to the practice of employers not disclosing the salaries of their employees or potential employees.
HR and recruitment: Human Resources and Recruitment are two distinct but related fields. Human Resources is responsible for managing the people within an organization, while Recruitment is responsible for finding and hiring new employees.
Adzuna’s UK job market report: A report published by Adzuna, a job search engine, which collects data on every vacancy advertised online in the UK from over 1,000 UK sources.
IT jobs: Information Technology jobs, which involve the use of computers and other technology to solve problems.
Scientific and QA jobs: Quality Assurance jobs, which involve testing products or services to ensure they meet certain standards.
Sub-managers: A lower-level manager who is responsible for managing a specific area or team within an organization.
Labour market economist: An economist who specializes in the study of the labor market, which includes the supply and demand of labor, wages, and employment.
Selection bias: A type of bias that occurs when a sample of data is not representative of the population from which it was drawn.
Autonomy: The ability to make decisions and act independently without the need for external guidance or control.
Cabinet Office’s Equality Hub: A government agency responsible for promoting equality and diversity in the workplace.
Tech recruitment company: A company that specializes in recruiting people for technology-related jobs.
Tiger Recruitment: A recruitment agency that specializes in placing candidates in professional roles.
Transparency: The practice of making information available to the public.