HI all! Curious what solutions folks are using for salary benchmarking. Just particiapted in a demo of Salary.com’s CompAnalyst… interested to hear what other solutions folks like and have used successfully…
Thanks!
/MJD
Salary benchmarking apps
Userlevel 1
Good question Mike! I’ve had good luck with PayScale, you can benchmark a few jobs on the free plan, and the paid option is not too bad either. They also provide insights and research into the market.
Userlevel 3
+1
Great question,
Swing’s sister company, SwingDev, built a great tool called Option Impact. The tool provides a great in-depth output of comp data based on a number of different data points (including but not limited to geography, leveling, funding round, etc).
You are also able to see how old the data is depending on the query.
As a bonus, it’s free to create an account for any private, venture-backed company:
https://www.advanced-hr.com/private-company
Hope this helps!
-Adam
Userlevel 2
Our HR team used Payscale as well and said it provided a ton of helpful information for them. It wasn’t a tool that I spent any time in directly but was referenced any time we were looking to add new roles to determine pay range.
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