Earlier quoted context omitted.
Posted a senior iOS dev position to Indeed, LinkedIn, Glassdoor where the company is paying 25%(maybe 40% if you include RSUs) above market here (although we don't put comp in the job listing) and only got 3 applicants in a month.
So compensation is not relevant to your point at all since you didn't list it. Or were you looking for mind readers? The low response rate makes sense in that case.
A couple reasons why I didn't list comp:
1. I didn't want to get candidates purely motivated by the high cash comp in the area. 2. Cash comp isn't core to how the company markets itself to employees and its culture. The company prefers to sell itself on being an employee friendly place to work.
Like the article hypothesizes, I thought we'd get 50-100 resumes because it's so easy to apply for jobs on the internet and was surprised at how few we actually got.