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PayScale Forms Economic Advisory Board

Distinguished Group of Advisors Across Economics, Labor, and Public Policy Will Help Company Analyze and Develop New Insights Into World’s Largest Real-Time Salary Data Set

Seattle – October 2, 2013 – PayScale, Inc. today announced the formation of the PayScale Board of Advisors.  This body is composed of some of the country’s leading thinkers on economics, labor, and public policy issues and will be chaired by PayScale’s lead economist Katie Bardaro.

The advisors will provide input on how PayScale’s database of more than 40 million unique user profiles of compensation and employment information can be used to help answer questions surrounding labor, the economy, workplace management and the value of a college education.

“I am honored and look forward to working with such an esteemed group of thinkers,” said Katie Bardaro, lead economist for PayScale. “This board of advisors will provide significant insight and fresh thinking into how PayScale can leverage more broadly its vast pool of compensation and employment information. As our efforts of analysis become more predictive, like our most recent release of The PayScale Index, our newly formed board of advisors will help us identify new areas of data collection where we can gain unique perspectives about the economy and workforce.”

The PayScale Board of Advisors includes:

Roberto M. Fernandez
MIT Sloan School of Management

Roberto M. Fernandez is the William F. Pounds Professor in Management and a professor of organization studies at the MIT Sloan School of Management. Fernandez currently serves as the co-director of the economic sociology Ph.D. program and served as the head of the behavioral and policy sciences area from 2008-2010. His research focuses on the areas of organizations, social networks, and race and gender stratification. Fernandez holds a bachelor’s in sociology from Harvard University and a master’s and doctorate in sociology from the University of Chicago.

Zachary First
Drucker Institute

Zachary First is the managing director of the Drucker Institute. He joined the Drucker Institute after a 10-year career in higher education research and administration.  Zach received his bachelor’s in philosophy from Haverford College, and his masters and doctorate degrees in higher education from Harvard University. His doctoral dissertation research focused on the connection between presidential tactics and college and university performance. He is the co-author, with Richard P. Chait, of “Bullish on Private Colleges,” published by Harvard Magazine in 2011. He is a fellow of the National Forum on the Future of Liberal Education; and a trustee and vice president of the board of the Children’s Center at Caltech, one of America’s leading nonprofit providers of innovative early childhood and preschool education.

Kevin A. Hassett
American Enterprise Institute (AEI)

Kevin A. Hassett is the John G. Searle senior fellow at AEI. He is also a resident scholar and AEI's director of economic policy studies.  Before joining AEI, Hassett was a senior economist at the Board of Governors of the Federal Reserve System. He served as a policy consultant to the U.S. Department of the Treasury during the George H. W. Bush and Bill Clinton administrations.  Hassett is the author or editor of many books, among them "Rethinking Competitiveness" (2012), "Toward Fundamental Tax Reform" (2005), "Bubbleology: The New Science of Stock Market Winners and Losers" (2002), and "Inequality and Tax Policy" (2001). Hassett has a doctorate in economics from the University of Pennsylvania and a bachelor’s in economics from Swarthmore College.

Mark Schneider
American Institutes for Research (AIR)

Mark Schneider is a vice president and an institute fellow at AIR. Prior to joining AIR, Dr. Schneider served as commissioner of the National Center for Education Statistics from 2005-2008. He is the author of numerous articles and books on education policy. His most recent book, “Getting to Graduation,” edited with Andrew Kelly, was published in 2012 by Johns Hopkins University Press. “Higher Education Accountability,” edited with Kevin Carey, was published by Palgrave in December of 2010. “Charter Schools: Hope or Hype?,” written with Jack Buckley, was published by Princeton University Press in 2007. His 2000 book, “Choosing Schools,” also published by Princeton University Press, won the Policy Study Organization’s Aaron Wildavsky Best Book Award. Dr. Schneider has been working on increasing accountability by making data on college productivity more publicly available. To that end, he is one of the creators of www.collegemeasures.org, where he serves as president.

Carl Van Horn
Heldrich Center for Workforce Development

Carl Van Horn is a widely recognized expert on workforce, human resources, and employment policy issues with extensive experience in public- and private-sector policymaking. Van Horn is the founding director of the Heldrich Center for Workforce Development—one of the nation’s leading academic centers on workforce policy and practice. Van Horn is a professor of public policy at the Edward J. Bloustein School of Planning and Public Policy. He is the elected chair of the Bloustein School Faculty Council.  He has written more than 90 articles and 14 books including “No One Left Behind: Economic Change and the American Worker” and “A Nation at Work: The Heldrich Guide to the American Workforce.” Van Horn has also held several senior-level policymaking positions in government and universities. He has been director of policy for the state of New Jersey, senior economist at the Joint Economic Committee of the U.S. Congress, chair of the Public Policy Department at Rutgers, founder and CEO of the Business-Higher Education Forum of New Jersey. He was appointed by President Clinton to a Presidential Emergency Board to mediate a new contract between labor and management in the railroad industry.

Adds Bardaro:  “As all organizations – public or private sector – rely more and more on data-driven decision making, we are excited by the prospect of developing new data-driven salary reports on a range of issues and subjects that will help executives, organizational leaders, policy makers and consumers make more informed decisions.”

PayScale is the exclusive creator and publisher of the following salary reports:

About PayScale

Creator of the largest database of individual compensation profiles in the world containing 40 million salary profiles, 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 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™, PayScale Insight™, and PayScale Insight Expert™. PayScale's cloud compensation software is used by more than 2,500 customers including Mozilla, Tully’s Coffee, Clemson University, and the United States Postal Service. 

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