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PayScale Announces Customer Milestone

Company has added more than 500 new corporate subscribers in 2012
Seattle - October 9, 2012 - PayScale, Inc. today announced significant growth in new customers during Q3 2012. PayScale's compensation software products help companies and organizations create and manage talent-winning compensation programs.

New customers in Q3 include Clemson University, Heartland Financial, Earthbound Farms, and Swift Transportation. They join many organizations, including, Adecco, Bloomberg BNA, Gulfstream Goodwill Industries, the Tribune Company and Perry Ellis who signed on with PayScale in the first half of the year.

"We've seen tremendous growth throughout 2012 with the addition of new customers as well as deepening engagements with existing customers," said Dave Smith, Chief Revenue Officer, PayScale. "The PayScale model of providing the freshest real-time wage data combined with easy to use software and analytics is clearly helping companies make important decisions as they work to attract and retain key talent in a dynamic economy."

Organizations in a variety of industries are increasingly choosing PayScale to create and manage compensation programs. PayScale's new customers in Q3 operate in the Energy, Utilities, Health Care, Education, Financial Services, Professional Services, Manufacturing and Technology sectors. These customers also represent new business in 10 countries around the world including Canada, the United Kingdom, the Netherlands and Australia.

"In what continues to be a volatile economy, we think it's critical to work from a base of data and to make informed decisions on hiring, promotions, raises etc. Our people are truly our most important asset, and PayScale's software and data help us be confident that the compensation program we're creating fits with our overall business strategy" said Jay Keith, Director, HR Services at Earthbound Farm, one of the country's leading purveyors of organic foods.

PayScale also publishes the yearly Compensation Best Practices Report. The report surveys businesses across the United States and Canada on a variety of business practices including plans relating to compensation for the next year.

Adds Smith: "As companies realize that their workforce - their talent - is the competitive differentiator, during the best and worst of economic times, PayScale's always fresh salary data and software products will become a more and more important decision-making tool for the C-Suite and HR."

About PayScale

Creator of the largest database of individual compensation profiles in the world, PayScale, Inc. provides an immediate and precise snapshot of current market salaries to employees and employers through its online tools and software. PayScale's products are powered by innovative search and query algorithms that dynamically acquire, analyze and aggregate compensation information for millions of individuals in real time. Publisher of the quarterly PayScale Index™, PayScale's subscription software products for employers include PayScale MarketRate™ and PayScale Insight™. Among PayScale's 2,200 corporate customers are organizations small and large across industries including Zappos, Volunteers of America and Manpower. For more information, visit www.PayScale.com.

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