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New LinkedIn Product Changes the Rules of the Salary Game

New LinkedIn Product Changes the Rules of the Salary Game
From Recruiter - December 21, 2016

One of the most awkward parts of the interview process is the salary discussion. Candidates dont want to bring it up, and neither do recruiters. As a result, its not uncommon for prospective employees to go through several interviews before realizing that the company isnt offering a salary near what they were expecting.

LinkedIn is aiming to change all that with LinkedIn Salary, a new tool that puts recruiters, hiring managers, and job applicants on equal footing.

For Job Seekers

When on the hunt for a job, its important to know as much as possible about the companies one applies to. LinkedIn Salary helps applicants set realistic compensation expectationsin advance of an interview or job offer, instead of going in blind.

Candidates can use LinkedIn Salary to better understand what their experience and background are worth in the job market, explains Ryan Sandler, senior product manager at LinkedIn. That way, they can enter the process much more informed about their own earning potential. They can also use LinkedIn Salary to compare salaries at top companies theyre interested in and see how location and company size factor in, or how things change with different levels of educational achievement. And finally, when an opportunity arises, LinkedIn Salary can help candidates weigh job offers and make better career decisions.

The tool isnt just useful for entry-level job seekers, either. Those who are considering leaving their current position can see where they stand in the job market and whether or not a move would be a good idea, financially speaking.

LinkedIn Salary helps people who are already employed understand their earning potential and take steps to reach it, Sandler says. They can see how their current compensation measures up to their peers and how making changeslike changing industries or relocatingcould impact their salary and, ultimately, their career.



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