QUOTE(DatoChin @ Oct 27 2021, 08:30 PM)
Imagine you're the business owner of Jobstreet. You want more people to visit your site regularly right?
Will you
A) Inflate the reported salary amount so that visitor will get depress and use your site to search for job, and thus increase in traffic.
or
B) Deflate the reported salary amount so that visitor happy with their current salary, and won't use your site, and thus decrease in traffic
main source of revenue of these job seeking portals are coming from the ad packages they sold to customers aka employers
so their practice of deflating or downplaying the figures do somewhat please their paying customers so more SMEs and chinamans would be willing to buy their ads slot there
this is different in the recruitment agencies like Hays, Ranstead etc, their revenue stream are derived from the commissions paid by the customers, the rate is usually 20% of the candidate's annual salary, or 1 month cut of the candidate's offered salary, so it is in their best interest to fight for the best possible amount within their reach.