UK Firms Turn Secretive About Starting Pay in Cooling Market

UK companies are becoming less forthcoming about what they’re willing to pay to fill open roles, indicating that employers are no longer under pressure to boost wages in a weakening labor market.

Only 56% of online job postings included wage information in August, data from the employment site Indeed showed. That’s a decline of almost 10 percentage points since the start of this year and the lowest share since early 2022, when more employees started advertising salaries in the post-pandemic race for talent.