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Salary Survey Websites Such As Payscale Dot Com
Tojo_Ralph
Posts: 8,373 Forumite
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I am doing some research into the "going rate" for a few available positions both internally and externally to supplement the corporate HR feedback and I have been looking at what free salary survey/pay scale data is out their.
So far I have been suprised to find that the payscale dot com website appears to be pretty accurate in relation to the salaries I would anticipate being paid but I was wondering if anyone had any other websites to suggest?
When I say "pretty accurate" I mean they seem to reflect quite well the regional salary variances that reflect supply/demand and unemployment levels. So, other than payscale does anyone have any suggestions?
I am doing some research into the "going rate" for a few available positions both internally and externally to supplement the corporate HR feedback and I have been looking at what free salary survey/pay scale data is out their.
So far I have been suprised to find that the payscale dot com website appears to be pretty accurate in relation to the salaries I would anticipate being paid but I was wondering if anyone had any other websites to suggest?
When I say "pretty accurate" I mean they seem to reflect quite well the regional salary variances that reflect supply/demand and unemployment levels. So, other than payscale does anyone have any suggestions?
The MSE Dictionary
Loophole - A word used to entice people to read clearly written Terms and Conditions.
Rip Off - Clearly written Terms and Conditions.
Terms and Conditions - Otherwise known as a loophole or a rip off.
Loophole - A word used to entice people to read clearly written Terms and Conditions.
Rip Off - Clearly written Terms and Conditions.
Terms and Conditions - Otherwise known as a loophole or a rip off.
0
Comments
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reed, monster.Debt free 4th April 2007.
New house. Bigger mortgage. MFWB after I have my buffer cash in place.0 -
Advertise the posistion, see what you applicantss current salary is, then you find out the going rate.
That way you don't have to advertise anything other than somthing like "competative" or "industry average" therefore not commiting and ruling out those that will or won't apply due to being to high or to low an salary.
If all goes well you will get someone really good for a low competative wage that claims help of the state so your business is nicely subsidised.0 -
Having looked at Reed the salary survey data is very basic and Monster link into Payscale.reed, monster.
The MSE Dictionary
Loophole - A word used to entice people to read clearly written Terms and Conditions.
Rip Off - Clearly written Terms and Conditions.
Terms and Conditions - Otherwise known as a loophole or a rip off.0 -
if you want better data you have to pay for it. Or find someone with a CIPD membership.Debt free 4th April 2007.
New house. Bigger mortgage. MFWB after I have my buffer cash in place.0 -
Even if the applicant were honest, all I would know is what their current salary was which may or may not be above/below the going rate based on additional benefits. In addition simply offering them a fistful of dollars more to jump ship may seem on the surface to be all that is required, but if their new salary/benefits are is still below the going rate they will be very much more prone to jumping ship again.Advertise the posistion, see what you applicantss current salary is, then you find out the going rate.
Many positions aren't posted but I would expect to see the blurb read "competitive salary and excellent benefits commensurate with experience" or similar, the issue is what that salary is when taken into context with the benefits?That way you don't have to advertise anything other than somthing like "competative" or "industry average" therefore not commiting and ruling out those that will or won't apply due to being to high or to low an salary. If all goes well you will get someone really good for a low competative wage.
That's where I have found the Payscale website to be really good as it takes account of benefits package, age, experience, position reporting structure, staff below if any, specific industry, specific position, regional and city variances, etc, etc.
I guess the fact that Monster use Payscale might indicate that there aren't any better alternatives.
As for a "low competitive wage", that seems to me to be a bit of an oxy-moron ..... all be it one with a word too many.
The MSE Dictionary
Loophole - A word used to entice people to read clearly written Terms and Conditions.
Rip Off - Clearly written Terms and Conditions.
Terms and Conditions - Otherwise known as a loophole or a rip off.0 -
Tojo_Ralph wrote: »Even if the applicant were honest, all I would know is what their current salary was which may or may not be above/below the going rate based on additional benefits. In addition simply offering them a fistful of dollars more to jump ship may seem on the surface to be all that is required, but if their new salary/benefits are is still below the going rate they will be very much more prone to jumping ship again.
Many positions aren't posted but I would expect to see the blurb read "competitive salary and excellent benefits commensurate with experience" or similar, the issue is what that salary is when taken into context with the benefits?
That's where I have found the Payscale website to be really good as it takes account of benefits package, age, experience, position reporting structure, staff below if any, specific industry, specific position, regional and city variances, etc, etc.
I guess the fact that Monster use Payscale might indicate that there aren't any better alternatives.
As for a "low competitive wage", that seems to me to be a bit of an oxy-moron ..... all be it one with a word too many.
My point is the wage band does not actually matter as it depends to much on the applicants circumstances.
Two suitable candidates might command the same wage having equal skillsets, but oe of them you can employ for £15k+state welfare, the other you can employ for £28k, which one does it make sense to employ?0
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