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digging into payscale’s new salary tools

Thu, Feb 12, 2009

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PayScale, a site that has accumulated a large database of employee compensation profiles, has launched a career management platform complete with a bevy of new tools to aid in analyzing and researching compensation.

Tools in the new PayScale platform include:

  • Real-time Salary and Benefits: See how your compensation compares to your peers.
  • Job Opportunities: These jobs, powered by Indeed, were available previously, but founder Joe Giordano said that now the opportunities are tailored to the user’s profile and are more numerous.
  • Educational Opportunities: This tab shows you how much money certain degrees in your field earn. There are also links provided that direct you to sites about getting certified in your field.
  • Cost of Living Calculator: A graph depicts several cities that would be harder or easier on your wallet in relation to where you currently live. The user can add or change cities to provide more accurate comparisons.cost-of-living
  • GigZig: Glimpse future career paths and their corresponding salaries.

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  • Company Data: See top jobs and typical pay for a current or future employer.
  • Advice: Read helpful career advice from people like you.
  • Anonymous Profiles: See career details about people like you.

“PayScale provides employees and job seekers with an easy-to-use suite of tools to understand their place in the job market and inform their career decisions,” said Joe Giordano. “We have leveraged our extensive dataset of over 16 million career profiles in conjunction with advanced statistical modeling to provide fresh insight into the job market and potential career options available to workers across the world. This type of information is more relevant now than ever before, as the challenging business climate and recession
persist.”

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This post was written by:

Vanessa Dennis - who has written 621 posts on Cheezhead Recruiting News and Opinion.

Vanessa Dennis, originally from Austin, Texas, was a corporate recruiter for two years before becoming a writer for Cheezhead.com. Vanessa has an English Writing degree from Loyola University of New Orleans. She currently lives with her family in Cleveland. Connect with Vanessa on the Facebook Fan Site.

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