Some managers have posted base salary ranges for New-York-based job ads featuring a difference of more than $100,000 between the low and high end.

“In order to recruit somebody, you’ve got to pay 30% [more] because of inflation and the tightness of the job market, said George Wilbanks, founding partner at executive recruitment firm Wilbanks Partners.

“[But] what happens is, you post a job and all of a sudden you get pay equity issues.” he added. “Somebody in-house, already there, sees an advertisement for their own job at 30% more they are making.”

By Mariana Lemann

View Article at Fundfire.com