Seattle, WA, - September 10, 2008 - PayScale, Inc. today announced a new partnership with Yahoo! Inc., which enables all users of HotJobs, Yahoo!'s career and job site, to use PayScale's real-time salary tools. The new relationship makes the PayScale real-time salary calculator, cost-of-living calculator, dynamic salary charts and GigZig available to all HotJobs visitors.
GigZig, created by PayScale, is an online search application that allows individuals to explore possible career paths -- and what each job in that path typically pays today. GigZig information is pulled in real-time from the PayScale salary dataset that includes over 13 million unique user profiles worldwide.
"This new partnership between Yahoo! and PayScale will provide HotJobs users with the best career management experience on the Web. Together, the iconic Yahoo! brand and PayScale's leading global real-time salary tools create a compelling user experience," said Mike Metzger, CEO of PayScale. "PayScale's suite of innovative salary tools, like GigZig, will offer Yahoo! users accurate salary information and, as our collaboration evolves, we will identify and develop new and relevant innovative services."
Real-time salary information, analytics, and career planning tools from PayScale continue to be a resource for millions of individuals every month. Business leaders needing to make strategic HR decisions and manage their talent find PayScale's compensation suite of business applications to be a powerful aide in a quickly evolving job market.
Every day tens of thousands of people take PayScale's salary survey to compare their pay anonymously with their peers and improve their understanding of the job market. PayScale has created the concept of anonymously comparing your salary online - in detail - to other real people with similar individual and job characteristics (e.g., location, company type and size, job, experience, education, skills, and more.) Using an advanced search and proprietary matching technology, PayScale finds a relevant peer group from their data set that matches the user-provided job information. The system allows every user's job profile to be unique and relevant to his/her different job requirements. This creates a level of accuracy that cannot be achieved with traditional methodologies and allows individuals to better understand earning potential
PayScale.com (www.payscale.com) is the world's largest ongoing salary survey. With the world's largest database of individual employee compensation profiles, PayScale provides an immediate and precise snapshot of current market salaries. PayScale's patent-pending real-time profiling technology collects and indexes employee pay attributes worldwide and makes this data available through its online salary tools and salary benchmarking reports. PayScale was founded in 2002 and is headquartered in Seattle, Washington USA.