The Pay and Non-Pay Content of Job Ads

Richard Audoly, Manudeep Bhuller and Adam Reiremo

Papers from arXiv.org

Abstract: How informative are job ads about the actual pay and non-pay attributes offered by employers? Using a comprehensive database of job ads posted by Norwegian employers, we develop a methodology to systematically classify the pay and non-pay job attributes advertised in vacancy texts. About 60% of job ads provide pay-related information and nearly all ads feature information on non-pay attributes. We link these advertised attributes to the employers posting the ads and validate this information against revealed-preference measures of employer quality, realized attributes, and choices from a survey experiment. All three strategies confirm that job ads provide reliable signals of employer quality. We then incorporate the detailed job attributes in a monopsony framework and quantify their contribution to labor market inequality.

Date: 2024-07, Revised 2026-05
New Economics Papers: this item is included in nep-hrm and nep-lab
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http://arxiv.org/pdf/2407.13204 Latest version (application/pdf)

Related works:
Working Paper: The Pay and Non-Pay Content of Job Ads (2024)
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