Getting bang for your buck: The specificity of compensation and benefits information in job advertisements
Verwaeren, Bart Van Hoye, Greet Baeten, Xavier
Verwaeren, Bart
Van Hoye, Greet
Baeten, Xavier
Citations
Altmetric:
Publication Type
Journal article with impact factor
Editor
Supervisor
Publication Year
2017
Journal
International Journal of Human Resource Management
Book
Publication Volume
28
Publication Issue
19
Publication Begin page
2811
Publication End page
2830
Publication Number of pages
Collections
Abstract
Even though some organizations are trying to attract high-level applicants through offering superior compensation and benefits, reward statements in job advertisements are sometimes rather general and vague. On the basis of person-environment fit theories, we examine whether providing more specific information on attractive reward packages in job advertisements leads to higher perceived person-reward fit and subsequent job pursuit intentions. Furthermore, based on signaling theory, we propose that person-reward fit allows job seekers to make inferences about broader person-organization fit. Applying an online experimental design among 283 experienced potential applicants, we find that more specific compensation and benefits information results in higher job pursuit intentions and that this relationship is fully mediated by person-reward fit perceptions. In turn, the effect of person-reward fit is partially mediated by perceptions of person-organization fit, indicating that people might use reward information as signals for other organizational attributes in early stages of recruitment.
Research Projects
Organizational Units
Journal Issue
Keywords
Reward Management, Entrepreneurship, Job Advertising, Wages, Employee Recruitment, Information Asymmetry, Signalling (Psychology)