Payscale- Incredibly helpful for providing fair salaries
February 17, 2017
Payscale- Incredibly helpful for providing fair salaries
Score 9 out of 10
Vetted Review
Verified User
Overall Satisfaction with PayScale Insight Expert
Currently, my team utilizes PayScale for configuring salaries for new hires and also to figure out increases and promotion salaries for our team. This has been very helpful since it takes into consideration the persons expertise, years of experience, education, management experience, and certifications. In addition, PayScale also pulls info for our industry and size of company. This makes the information and recommendations fair and balanced.
- PayScale is easy to use and walks you through the criteria that you need to input on the candidate.
- This tool also allows you to save reports and information for future use.
- The data that PayScale has access to is so incredibly helpful, it really helps to ensure that you are paying your staff correctly.
- Sometimes it can be difficult to find a niche job title. Often you have to find another title that is closely related in order to pull data.
- It would be nice to be able to view resources for bonus info per industry and variable pay, right now this is not something that is easily searchable.
- Access to online training is only provided through live interaction with a rep. I sometimes like being able to read through materials or have an online sandbox.
- It allows us to be fair and explain our reasoning behind the salaries we offer to new candidates.
- Payscale also allows us access to data and helps our team understand and figure out what to offer for increases and promotions.
- Sometimes you have candidates that do not understand their market value or are looking at other industries or verticals for what they feel they should be fairly paid. Payscale has been helpful with educating some of these candidates and for setting expectations.
Honestly, the only other resources that I have used have been free online calculators, like on Glassdoor. These are often not accurate because they do not pull data based on the market or size of the company you are in but rather just for the job title. This often leads to incorrect or inflated salary predictions.