[PDF] [PDF] PayScale Data & Methodology

PayScale has the world's largest salary database allowing organizations to use big data to tackle compensation in a modern, business focused way Fresh Data  



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[PDF] Methodology - PayScale

Information is voluntarily self-reported by employees our data is clean and unbiased We do not blend salary data from multiple data sources or salary surveys, 



[PDF] How To Build Pay Grades And Salary Ranges - PayScale

provides an immediate and precise snapshot of current market salaries to employees and employers through its online tools and software PayScale's products are 



[PDF] Presentation Title - PayScale

How to Perform Compensation Benchmarking and Set Salary Ranges Stacey Carroll, SPHR Director of Customer Service Education PayScale, Inc



[PDF] How to Perform a Market Study: A Step-by-Step Guide - PayScale

It's startling how many organizations make million-dollar decisions with only one salary survey source Using multiple surveys for each job match will help you 



[PDF] 6 Questions to Ask When Evaluating Salary Surveys - PayScale

Calculating salaries from a traditional survey can consume a lot of your most precious re- source: time You must sort through job titles like “Applications Developer 



[PDF] 5 Easy Steps To A Smart Compensation Plan - PayScale

With all that in mind, we've created a succinct, step-by-step guide to compensation planning and salary benchmarking Whether you are creating a formal 



[PDF] PayScale Data & Methodology

PayScale has the world's largest salary database allowing organizations to use big data to tackle compensation in a modern, business focused way Fresh Data  



[PDF] What is PayScale About? - PayScale

PayScale provides accurate, real-time salary data and your company is not required to participate in a lengthy salary survey to get affordable compensation data 



[PDF] SALARY TABLE 2021-DCB - OPM

SALARY TABLE 2021-DCB Locality Pay Area Definitions page: http://www opm gov/policy-data-oversight/pay-leave/salaries-wages/2021/locality-pay-area-



[PDF] SALARY TABLE 2020-RUS - OPM

SALARY TABLE 2020-RUS Locality Pay Area Definitions page: http://www opm gov/policy-data-oversight/pay-leave/salaries-wages/2020/locality-pay-area-

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Salary Profiles

MILLION

54

15,000

Job Titles

Visi tors per Month

MILLION

10 3,500

Customers

8

Countries4,200

Certifications

2,300

Skills

350

Industries

PayScale's methodology leverages employee submitted data and a propri etary algorithm giving organizations the ability to benchmark their positions based on f resh market data. PayScale has the world's largest salary database allowing organizatio ns to use big data to tackle compensation in a modern, business focused way. Fresh Data from the Largest Salary Database in the World

Benchmarking Made Easy

Jobs are unique and constantly evolving. PayScale prices positions based on the compensable factors that truly

Have Confidence in your Pay Decisions

with the data to defend and explain your compensation decisions.

PayScale Data & Methodology

www.payscale.com PayScale is the world leader in modern compensation software. Powered by the world's largest real-time database, our unique www.payscale.com

The Process

Collect

PayScale leverages employee submitted data

completed surveys through the Internet.

Visitors come to our site looking to

understand their price in the market. They have an intrinsic motivation to not only complete our online salary survey but also to give us honest answers.

We partner with serveral organizations

including Forbes, the Wall Street Journal, and Foturne who use our data in their reporting.Validate

Our approach is led by a team of data

scientists and a combination of machine learning and human validation process.

25 hard coded validation points that could

trigger criteria for review, ensuring only the highest quality data makes it through.

Weed out the outliers and multiple

submissions. questionable data.

Augment & Analyze

Standardize data and compare data, making

say computer programmer, I say software developer.

Match to industry hierarchies, transcribing

data to employer standards.

We constantly analyze and model our data

with many recognized data sources including those reported by the Bureau of Labor &

Statistics, the Census, and other economic

indicators.

Our propriety algorithm ensures the

consistency and accuracy of every data point used in our compensation models.

Match and Deliver

MarketMatch™ algorithm is kind of like online dating: we look at the potential compensable factors and the relationships between those positions.

We align your positions to a labor market

allowing you see how your pay compares to who you are competing with for talent, not

We are able to price positions and

competitive scenarios that other compensation approaches cannot. 1 324

CollectValidateAugment and

AnalyzeMatch

and Deliverquotesdbs_dbs21.pdfusesText_27