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Salary transparency in job postings is becoming more common, but at a slower rate, potentially affected by economic factors, according to new data from Indeed.
Zoom in. Salary transparency has been on the rise since 2019 when fewer than 25% of job postings on Indeed included any compensation information. In September, 57.8% of US job postings on the site “contained some salary information,” a 5.6% increase from 2023, but a slowdown from 2022, when there was a 15.7% rise. The slower growth could be a result of the sluggish labor market.
Job postings in certain industries, including childcare, personal care, home health,