4 ms·
> you'd get a better response from an ad that said "Free Milk" than an ad that said "Free Expired Milk," But he said he got better candidates with the ad that
by commandlinefan 4y ago
> you'd get a better response from an ad that said "Free Milk" than an ad that said "Free Expired Milk,"
But he said he got better candidates with the ad that didn't post salary ranges. If I understand your analogy, that's like (counterintuitively) getting more responses for the expired milk.
- ben0x539 4y agoI think they're implying the salary ranges are actually bad enough to smell like expired milk.
- nvrspyx 4y agoNo, it's not. They probably got responses from better candidates on the one with no salary range posted because if those candidates knew what the salary range was beforehand, they wouldn't have applied at all. The better question is were they able to hire any of those better candidates after they told them that the milk was expired?
- JoshuaDavid 4y agoIt could simultaneously be true that including a good salary range increases the number of applicants who are good fits for the role, and also true that including a good salary range decreases the average quality of candidates. One way you might see that effect is if both candidates who are good fits for the role and candidates who are bad fits for the role apply more often when a high salary is posted, but the number of bad fits increases faster than the number of good fits (e.g. because there is some subset of people who will send their application to every role that pays over a certain threshold whether or not they are qualified). If it's sufficiently costly to distinguish qualified from unqualified candidates, the company might be better off not showing a salary range, even accounting for how it causes good people not to apply. That approach does feel like an inelegant hack to get around their inability to easily tell whether someone would actually perform well in the role though, so addressing that root cause would be better in that scenario if they could figure out how to do it.
- mlyle 4y agoAnother, simpler option: When you put a range of $100-120k, the very high quality candidate who won't accept an offer less than $150k doesn't apply. Or, put another way: > It could simultaneously be true that including a good salary range increases the number of applicants who are good fits for the role, and also true that including a good salary range decreases the average quality of candidates. Part of "good fit" could be "willingness to accept compensation in range". If the job range says $10/hr, the average quality of applicants will go down because the MIT Ph.D.'s won't apply-- but you weren't going to hire them at $10/hr anyways.
- JoshuaDavid 4y agoYes, that is definitely a possibility. My point was "the average quality of candidates goes down when you post a salary range" can be true even if the salary range is very good.
- mlyle 4y agoIt's possible, but I don't know that we should rush to believe that's the case based on an anecdote of a single flawed experiment when there's simpler explanations. (Especially since it's only a problem if the higher pay motivates more bad applicants that are hard to distinguish from good applicants. If it encourages 100 people who have no relevant experience to apply, that brings the average down, but it doesn't increase the probability of making a bad hire.)
- sokoloff 4y agoIt does however increase the level of effort to find the wheat.
- renlo 4y agoI think parent understands your point, but, it's implied that the salaries were high, so your example doesn't fit. > Our salary offerings are very aggressive to the developer's benefit Your example covers the case of "mid-range salary", overqualified applicant doesn't want the job, but wasn't going to get hired anyways because overqualified. Parent's example covers "very high salary", underqualified applicant wants the job just because the number is high. Given the "salary offerings are very aggressive", then why would we be talking about a "mid-range salary" case.
- itronitron 4y agoThey didn't say how the candidates were better. And if the person judging the candidates knows which position description the candidate replied to then they may be applying their own bias when assessing the candidates.
- cptskippy 4y ago> But he said he got better candidates with the ad that didn't post salary ranges. He did, and that raises a lot of questions: Were the ads identical otherwise? Were the salaries actually competitive or did he just think they were? Did any of these better candidates actually accept an offer?