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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 amenities offered by employers? Using a comprehensive database of job ads posted by Norwegian employers, we develop a methodology to systematically classify the information on both pay and non-pay job attributes advertised in vacancy texts. We link this information to measures of employer attractiveness, which we derive from a job search model estimated on observed wages and worker mobility flows. About 55 percent of job ads provide information related to pay and nearly all ads feature information on non-pay attributes. We show that publicly advertised job attributes are meaningful predictors of employer attractiveness, and non-pay attributes are about as predictive as pay-related attributes. High-pay employers mention pay-related attributes more often, while high-amenity employers are more likely to advertise flexible working hours and contract duration.

Date: 2024-07, Revised 2024-09
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)

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