Jobs that list the salary as "competitive" attract 40% fewer applications.
Creative Access analysed 500 job listings on its site. It found the applications gap is even more pronounced when recuriting for a more experienced hire - senior roles that listed the salary attracted 58% more applicants.
Josie Dobrin, Chief Executive of Creative Access, said withholding the salary entrenches inequalities, while transparency encourages the right calibre of candidates to apply.
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"Candidates are not just looking to work anywhere. They’re looking for an organisation where they will feel valued, that has a positive, transparent and inclusive company culture in which they can truly thrive," Dobrin said.
"We urge all our partners to list salary or salary ranges in their job adverts, to be accountable, show that they’re open, fair and inclusive."