Britain’s Competition and Markets Authority (CMA) broadly favors pay details in job ads in principle, but says any rule should protect competition while giving applicants useful information and room to negotiate.
In a Nov. 10 response, the CMA addressed the Office for Equality and Opportunity’s consultation on equal-pay reform. The document considers a proposal for employers to include compensation information in job ads.
The response describes two ways to set a disclosure standard. One would require a guaranteed salary floor; the other would show a pay range with a binding lower figure and an indicative upper figure. Under the first model, the advertised figure would set a firm minimum. For the range, employers would be committed to its lower figure, while the upper figure would serve as a guide.
The CMA said applicants should be able to assess advertised pay and negotiate, while employers retain scope to compete.
