LinkedIn Salary — a tool that allows users to see a detailed breakdown of salaries by job title and location based on information privately submitted by LinkedIn members was introduced in 2016. As an addition, LinkedIn today announced LinkedIn Salary Insights
LinkedIn Salary Insights will appear on job listings and will show an estimated or expected salary range for the role, based on data from the platform’s 546+ million members and employer provided information.
A recent survey found that more than 70% of professionals want to hear about salary in the first message from a recruiter. “By surfacing this information early on in the process, we hope to make the application process more seamless by allowing you to know if a job meets your salary criteria before entering into a conversation with the hiring manager,” said Keren Baruch on LinkedIn’s official blog.
The salary information displayed on job listings will come from one of two places:
- Employer Provided: Employers can provide salary ranges for specific jobs, meaning you will know exactly what kind of compensation to expect before you apply for the job.
- LinkedIn Estimated Salary: If an employer does not provide a salary for a role, we will show you an estimated range from member-submitted data.
You’ll also notice a couple other changes, including the ability to delete your salary information privately in your settings as your career evolves which will always remain confidential to you and never shared on an individual level. LinkedIn will also periodically remind you to update your salary to ensure you’re getting the most out of the tool.