Salary ranges are widening in certain jobs — particularly in technology hubs, and in states with pay-transparency laws.
Jobs in pharmacy, medical information, scientific research and development, industrial engineering and software engineering are showing increasing disparity in pay, according to a new study by Indeed Hiring Lab.
While 45% of U.S. job postings included some salary information, up from fewer than 20% before the pandemic, only 1 in 5 of those postings mentioned precise pay in April 2023, the report found.
The average median salary range on a job posting for a pharmacy role jumped to 31.2% in April 2023 from 20% in April 2022. For software development roles, it rose to 35.3% from 28.6%.
New transparency laws requiring companies to include pay ranges in job listings took effect this year in California and Washington, and late last year in New York City.
To put those figures in context: The average base salary pay for a pharmacist in New York City pays $140,230 a year, and for a software engineer, it’s $141,875 a year, according to Indeed data.
“A majority of employers that offer some level of pay transparency in their job postings do so by publishing a proposed salary/wage range — ranges that vary widely by occupation, seniority, and geography, among other factors,” the report found. However, “job seekers looking for lower-wage and/or in-person jobs are getting more accurate information in job postings than they were a year ago.”
Advertisement
Pay...
Dish Wireless LLC agreed to pay roughly $17 million to resolve allegations that it violated the False Claims Act, common law, and the Communications Act of 1934 relating to claims submitted to Fed...