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    Getting bang for your buck: The specificity of compensation and benefits information in job advertisements

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    Publication type
    Article in academic journal
    Author
    Verwaeren, Bart
    Van Hoye, Greet
    Baeten, Xavier
    Publication Year
    2017
    Journal
    International Journal of Human Resource Management
    Publication Volume
    28
    Publication Issue
    19
    Publication Begin page
    2811
    Publication End page
    2830
    
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    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.
    Keyword
    Reward Management, Entrepreneurship, Job Advertising, Wages, Employee Recruitment, Information Asymmetry, Signalling (Psychology)
    Knowledge Domain/Industry
    Human Resource Management
    Entrepreneurship
    DOI
    10.1080/09585192.2016.1138989
    URI
    http://hdl.handle.net/20.500.12127/5449
    ae974a485f413a2113503eed53cd6c53
    10.1080/09585192.2016.1138989
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