Public Economics and Policy Seminar - Manudeep Bhuller (University of Oslo)

The Pay and Non-Pay Content of Job Ads

Friday 29 November 2024 - 12h15 to 13h30

Internef 149

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.

Published from 6 May 2024 to 30 November 2024
Rafael Lalive
Visibility:
published