Assuming other employers are not posting more helpful pay range information. If you are trying to attract very qualified candidates but also signaling that you want to pay bottom dollar, that might not work so well for any market where very qualified labor supply is tight.
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Seems like a really obvious move. Don't waste time, don't bait-and-switch.
Companies will still try and bait and switch.
Post huge ranges and tell very qualified people that they only qualify for the low end, for instance.
And many qualified applicants will simply ignore postings entirely with wide bands where the low end would be a pay cut for them.
Assuming other employers are not posting more helpful pay range information. If you are trying to attract very qualified candidates but also signaling that you want to pay bottom dollar, that might not work so well for any market where very qualified labor supply is tight.