Jobseekers' Top Grievance: Lack of Salary Details in Ads
The lack of salary information in job ads is the top issue among jobseekers, but companies may also benefit from seeing where the level of pay stands in their industry, according to Profession Services, which has just debuted its first industry benchmark publication.
The aim of the analysis is to provide an accurate picture of the current situation, trends, salaries, and the current state of the labor market for various industry players.
According to a representative survey by Profession.hu at the end of last year, the level of pay is the most important motivating factor for employees. Consequently, the salary associated with a given position is a crucial part of job advertisements, as it allows potential candidates to orient themselves. The absence of this information represents the biggest problem for nearly 70% of job seekers during their search.
"We are experiencing significant growth in the number of applications for job ads that include salary information for both physical and intellectual positions. We are currently in a labor market environment where companies need to focus more consciously on recruitment, make quick decisions, and make offers to suitable candidates to be competitive in the battle for talent," explains Nikoletta Szigeti, business unit manager of Profession Services, highlighting one of the main advantages of salary transparency.
In order for companies to provide realistic salaries in their advertisements, it is necessary for companies to have the most accurate knowledge about the current situation, trends, and salaries in the respective industry. To support this, the job portal has created a salary benchmark publication that will be released quarterly with up-to-date labor market data for each sector: nationwide average gross salaries by specialization, different professional experience levels, as well as the number of potential candidates available in the database and the number of activated job ads in the relevant category. The information provided in the publication aims at assisting sector leaders and HR experts in decision-making situations during the recruitment process.
"We monitor and analyze data from positions advertised by our partners, as well as job search habits based on an extremely large employee database. Statistically valid data can be derived from these. As a service provider, we consider it our responsibility to share credible statistics based on authentic data with our clients, presenting them with information and trends about the labor market that enable HR professionals to make the best possible decisions," says Szigeti.
The first issue of the publication series presents the logistics sector with data on both intellectual and physical positions, covering areas such as material management, procurement, supply chain, fleet management, freight organization, and transportation, as well as warehouse and forklift areas. The publication provides salary information for junior, mid-level, and managerial positions associated with these roles.
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