In most cases it is a waste of time for both sides. But I guess that companies have an advantage in the end by creating this opaqueness.
In most cases it is a waste of time for both sides. But I guess that companies have an advantage in the end by creating this opaqueness.
https://resources.workpop.com/blog/publishing-compensation-m...
By its nature, any information that one party has, but the other does not, creates such an imbalance.
The contactee, by virtue of being in that position, has leverage to request a salary range as a concession for continuing the conversation.
“Whoever mentions a number first, loses”
As the other negotiator knows the expected salary and can undermine it...
It's not as good as having them all at the same time, but it's better than nothing.
I feel withholding salary info is a premature optimisation of salary negotiation. You are not going to attract top talent and then snag them with a lowball offer.
A better rule of thumb for in-demand professionals (in my experience on both sides of the table) is to do your homework ahead of time, have a realistic understanding of what you're worth and what the company is likely able to offer, and name a price that's a little bit above that. You'll save a lot of time and weed out low-balling recruiters immediately without actually sacrificing much in the way of compensation.