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[quote=Anonymous][quote=Anonymous][quote=Anonymous]Why do job postings ask for salary requirements? Is your application overlooked if you do not answer?[/quote]

Yes, and here's why. Let's say you are the main breadwinner of your family. You are the husband/father, and yes, your wife works, but her money goes towards vacation and camp and the cleaning lady, rather than towards the tuition and mortgage. You are out of work and looking for a new job. Your savings is dwindling, and you're feeling more and more pressure. Then you spot a job you'd be great at! At your last job you were earning $120k. This job is posted for $95-$110k depending on applicant. You JUST want to get some money coming in, so you apply. You figure, "you'll look for another job while working this one."

The most expensive time to have someone working for you is in the beginning, while they're just starting out. The company is losing money during this time - as in, they are not getting their money's wort out of you as you're ramping up.

The other reason is, if you are highly qualified for the position and based on our criteria we find we'd have to pay you $110k, we have no room in our budget for you to get raises. You're stuck. [/quote]

I understand your reasoning, but there's an easy way to remedy this -- just have the company post their salary range. Then applicants can decide if they are okay with it and avoid wasting everyone's time. Why don't companies do this more often? I think it's because they don't want to top their hand and bargain against themselves in salary negotiations. I think they should just be up front and disclose the range of pay from the start. Problem is then solved.[/quote]

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