is it really worth putting on a job ad "£25K - 50K" when that's the range we're willing to consider for different candidates?
Yes. It anchors your offering quite a bit. £25k is somewhat north of the UK mean income (not the London one, though), and especially as a foreigner allows me to get an idea on what my budget might look like. £50k is somewhat less what your competitors are paying for decent talent (no, not just finance, although it's a dumb career move to write off finance wholesale), so if I'm making £50k somewhere else and looking to level up, I know that I'll be wasting both yours and my time, on the other hand, if I'm making £30k, and my boss tells me it's a good salary, I know that that's a good chance I could make more.
Also, I plainly enjoy the honesty. "£Competitive" my ass.
Comments
Yes. It anchors your offering quite a bit. £25k is somewhat north of the UK mean income (not the London one, though), and especially as a foreigner allows me to get an idea on what my budget might look like. £50k is somewhat less what your competitors are paying for decent talent (no, not just finance, although it's a dumb career move to write off finance wholesale), so if I'm making £50k somewhere else and looking to level up, I know that I'll be wasting both yours and my time, on the other hand, if I'm making £30k, and my boss tells me it's a good salary, I know that that's a good chance I could make more.
Also, I plainly enjoy the honesty. "£Competitive" my ass.
Agreed 100% with this advice. A large range beats 'competitive' or 'Dependent on Experience" any day.
Great feedback, thanks mseebach.