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www.payscale.com
Payscale.com offers a profile that compares the salary and benefits of people with similar skills and levels of experience that live near you. When you are in the market for a job, this resource is invaluable. It helps you to see an accurate an up to the minute salary and benefits analysis for any job you might consider applying for.
The services provided at payscale.com are not just helpful for people that are actively looking for employment. Armed with the knowledge of what your present job should be paying you, it is possible to negotiate with your current employer for a higher salary or better benefits. If you are being considered for a promotion, the pay scale evaluator will aid you in discovering if the terms of the promotion are acceptable. Business owners will also find the site to be of great use. If you have an understanding of common salary ranges for the jobs you need filled, you will be able to offer a competitive salary and benefits package and draw interest from a more qualified and skilled base of jobseekers. Paying your employees rates that contend with what other companies offer will slow turnover and assure the loyal tenure of your employees.
Started in 2002, payscale.com owns the largest online compilation of salary information in the world. They have recently patented their unique method of accruing wage and benefit data. They have a system that allows them to input data and analyze information that other salary calculators can't compete with. This means that the information you get from payscale.com is the most comprehensive accumulation of salary statistics and benefit packages you will find.
The company offers three levels of salary information packages. The first level is completely free and allows you to see a generic range of salary expectations for specific industries. The second package is more helpful to the average job seeker. For $14.95 payscale.com will show you how your current job compares when it comes to salary, and benefits. It can even make adjustments for bonuses and commission and can calculate salary comparisons for people that are paid by an hourly wage. This package also allows you to view 10 individual, anonymous profiles that match your own and includes a guide to negotiating a raise. The most expensive package is the 5 report pack and it costs $39.95. This package includes everything that comes in the $14.95 package, but allows you to access 5 personal reports for different industries and jobs over a 3 month period. It is definitely the best option for a job seeker that is considering changing careers and is testing the water of different job markets.
Payscale.com offers salary calculating that is cutting edge and easy to use. Their prices are very low considering the quality and quantity of information they provide. Armed with the information you receive from payscale.com, chances are you will recoup the cost of the service many times over.
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