- What is PayScale
- Product Quality Score
- Main Features
- List of Benefits
- Technical Specifications
- Available Integrations
- Customer Support
- Pricing Plans
- Other Popular Software Reviews
What is PayScale?Professionals who want to make sure they are being compensated properly and huge corporations that want to get their money’s worth can both get some help by using PayScale. This HR and compensation suite makes sure workers have compensated accurately, while at the same time assuring organizations that they are paying an amount equal to the services rendered by their contractors and employees. With PayScale, professionals can look at the salary range for their current job or the range for a position they may be gunning for. They can also use it to guide their career path. Meanwhile, businesses can use the collected data and web service PayScale provides to determine the fair market rate for budgeting, hiring, and benchmarking purposes.
Product Quality Score
Main features of PayScale are:
- Comprehensive Salary Databases
- Salary Monitoring
- Job Benchmarking
- Helicopter View of Business Metrics
- Build Scenarios
- Fresh Market Data and Analytics
The main benefit of PayScale is it accurately delivers real-time data. This data come from reliable sources, surveys, salary analyses, and industry experts. With it, businesses get a macro view and can accurately come up with an appropriate salary for a certain position, which in turn can help them retain personnel, be competitive when it comes to hiring, and have something to measure against when coming up with benchmark figures. PayScale conducts large real-time surveys to come up with all of this, with 150,000 new surveys completed monthly.
Data standardization and matching are used to ensure the accuracy of the data, while proprietary mappings and proprietary internal taxonomies are leveraged to third party data sources. Their compensation models and reports also use a set of proprietary algorithms so that every data point is consistent and accurate.
Individual professionals, on the other hand, can use PayScale to make sure that the compensation they are getting for the position they are in is fair and competitive. They can use PayScale to ask for a raise in their pay or to negotiate for a better salary, as well as to see if a job offer is worth it. They can also use it to see how their salary compares to other people in the same position.
- Small business
- Medium business
The following PayScale integrations are currently offered by the vendor:
- Bamboo HR
- Apex Payroll
PayScale pricing is available in the following plans: