Industry Leader PayScale to Provide Salary Data to LinkedIn, World's Largest Professional Network*
World's largest real-time salary source will provide salary data for Job Search and Career Explorer tools on LinkedIn
Seattle, WA (PRWEB) December 9, 2010
PayScale, Inc., the world's largest real-time salary data provider, today announced a partnership with LinkedIn, the world's largest professional network, that allows LinkedIn users to tap PayScale. com's 23 million+ dataset of salary intelligence.
As part of the business relationship, PayScale will provide job-, location - and industry-specific compensation data for use in various products on the LinkedIn website. Using PayScale's services, LinkedIn will include salary ranges for jobs listed in the US, United Kingdom, Canada, and Australia on the LinkedIn web site, allowing users to search for jobs by salary range. Salary information will also be available in LinkedIn's new Career Explorer product, helping users understand what future careers might pay. Both features on LinkedIn will use PayScale's proprietary job-matching techniques to provide the most accurate estimate of salary.
The PayScale data will be incorporated into the LinkedIn job search feature for LinkedIn members with Premium Accounts.
"Individuals looking for new career opportunities want to know the potential salary levels associated with their choices, and this information is a central pillar to their job research." said Mike Metzger, CEO of PayScale. "We're pleased to be working with LinkedIn to deliver this data to users, directly within LinkedIn's toolset, to improve the job search experience and increase user engagement."
Real-time salary information, analytics, and career-planning tools from PayScale serve as a resource for millions of individuals every month. Business leaders needing to make strategic HR decisions and manage their talent find PayScale's compensation suite of business applications to be a powerful aide in a quickly evolving job market.
Every day tens of thousands of people take PayScale's salary survey to compare their pay anonymously with their peers and improve their understanding of the job market and specific job listings. PayScale created the concept of anonymously comparing your salary online - in detail - to other real people with similar individual and job characteristics (e. g. location, company type and size, job title, work experience, education, skills, and more.) Using advanced search and proprietary matching technology, PayScale finds a relevant peer group from its dataset that matches the user-provided job information. The system allows every user's job profile to be unique and relevant to his/her different job requirements. This creates a level of accuracy that cannot be achieved with traditional methodologies and allows individuals to better understand earning potential.
About PayScale:
PayScale. com (http://www. payscale. com]) is the leading online provider of employee compensation data. With the world's largest database of individual compensation profiles, PayScale provides an immediate and precise snapshot of current market salaries to employees and employers. PayScale's patent-pending, real-time profiling technology collects and indexes employee pay attributes worldwide and makes this compensation data available through its online salary tools and salary benchmarking reports. PayScale was founded in 2002 and is headquartered in Seattle. For more information, visit: http://www. payscale. com/about. asp; Follow us on Twitter: http://twitter. com/payscale
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