SEATTLE, October 6, 2005 – PayScale, a market leader in online compensation and benefits information, today announced the addition of Fred Whittlesey as Chief Compensation Officer. Also joining the company are compensation veterans Melissa Wilkerson, as Director of Data Products, and Linda Jones, Compensation Data and Analysis Manager.
The newly created positions of Chief Compensation Officer, Director of Data Products, and Compensation Data and Analysis Manager demonstrate PayScale’s commitment to providing accurate compensation intelligence and unique products and services to employees and employers worldwide.
In his role as Chief Compensation Officer, Whittlesey will lead PayScale’s compensation data acquisition and analysis program with a specific focus on data demographics, database quality and continued refinement of collection methodology.
Whittlesey brings more than 20 years of experience working with and advising companies and organizations on compensation strategies and data solutions. Previously, he was an executive with Aon Consulting/Radford Surveys; held the position of Director of Global Compensation at Amazon.com; and was responsible for Global Compensation and HR Technology at Broadcom. In addition to operating his own consulting firm, Whittlesey has served as a counselor for companies and organizations during his time at KPMG, Mercer and Towers Perrin. Whittlesey also serves as faculty to WorldatWork and is a founding member of the National Association of Stock Plan Professionals.
"PayScale is simply changing the fundamental economics and methodologies of compensation data collection and analysis," said Whittlesey. "The use of previously unavailable technology and the company’s attention to data collection methodology will position PayScale as the go-to compensation source."
"We are thrilled to have Fred join the PayScale team," said Michael Metzger, CEO of PayScale. "Fred’s previous experience, reputation in the field, and vast knowledge of compensation analysis makes him the perfect Chief Compensation Officer and will help PayScale further strengthen its position as a market leader known for its accurate and real time compensation intelligence."
As the Director of Data Products, Wilkerson will play a central role in PayScale’s effort to create products for businesses and consumers interested in comprehensive and real-time compensation and benefits information. In addition, Wilkerson will coordinate and define PayScale user outreach programs to support new products and offerings.
Wilkerson brings 10 years of compensation analysis experience to her position. She most recently served as the Director of Compensation at Expedia, Inc. where she was responsible for the design, development, implementation and administration of worldwide compensation programs for approximately 4,000 employees. Prior to Expedia, she served as a Compensation Consultant for iQuantic Buck, Hewitt Associates and Watson Wyatt Worldwide.
In the role of Compensation Data and Analysis Manager, Jones will oversee PayScale’s extensive assembly of data resources. Jones has over 10 years experience in human resources and has spent the majority of those years in compensation focusing on rewards & recognition programs and incentive plans to encourage employee performance. Prior to joining PayScale, she worked in management consulting and in the health care, natural gas, and manufacturing industries.
PayScale hosts the largest ongoing compensation survey in the world. In exchange for a report detailing how his/her compensation compares to others in the market, individuals submit detailed, anonymous information about their jobs and workplaces. PayScale’s methodology is based on best practice standards set by the industry. The algorithm used to analyze the data is unique to PayScale. Once submitted to PayScale, every profile undergoes up to 20 tests to check for validity.
PayScale (www.payscale.com) is a market leader in online compensation and benefit information, providing access to accurate compensation data for both employees and employers. With the ability never before available for uniquely matching job and company specific attributes, PayScale allows users to obtain an unparalleled level of compensation information, providing a precise snapshot of current market pay. The Company provides real-time pay information for employees and businesses across the globe. Launched in 2002 and headquartered in Seattle, Washington, PayScale owns the largest online database of employee salary information in the world and has a patent pending methodology for compiling and aggregating compensation data.
Zeno Group (for PayScale)