Toronto, January 31, 2007
- PayScale, Inc., a leader in real-time online compensation data for employers and individuals, today announced the availability of PayScale’s compensation data in the Canadian market, making PayScale one of the largest providers of online Canadian compensation data.
PayScale, a significant resource for compensation information, currently services a total of two million unique visitors per month and adds 300,000 to 400,000 new profiles to the system monthly - more than most research companies collect in an entire year. PayScale ensures that the data is kept current with most profiles being 90 to 180 days old and no data older than a year. While the database reflects a wide range of industries, PayScale shows particular strength in the IT/Tech, Administrative/Support, Engineering, Finance/Accounting, Manufacturing and Healthcare sectors.
"PayScale’s launch in Canada results from the needs of both employers and employees to access up-to-date compensation information and enables better informed hiring and retention decisions," stated Mike Hayes, vice president of PayScale Business Solutions. "PayScale is pleased to provide this information to the Canadian marketplace to help build more effective compensation models."
PayScale’s efforts to collect data in volume from Canada began in 2003. Approximately 5,000 new Canada-specific profiles are added to PayScale’s system each month - more than most information researchers collect in an entire survey. The database reflects the population density of Canada with top cities including Toronto, Vancouver, Calgary, Edmonton, Ottawa, Montreal and Winnipeg.
"There is truly a War for Talent going on right now," said Debbie McGrath, founder and chief instigator, HR.com. "PayScale makes it possible for employers to have the information they need to tailor offers that will attract and keep star producers. PayScale’s expansion into Canada is a significant step to provide accurate real-time compensation information for an international market."
HR.com is a global authority that helps to connect companies with vital knowledge and resources ensuring success on the people side of business.
PayScale announced its launch into the Canadian Market at the Human Resources Professionals Association of Ontario’s (HRPAO) annual conference and trade show. The event takes place January 31 through February 2 at the Metro Toronto Convention Center in Toronto, Canada. About Human Resources Professionals Association of Ontario (HRPAO)
) is the premier HR organization in Canada. The organization has over 16,000 members in 28 chapters in Ontario and other locations around the world. The HRPAO annual conference and trade show is the second largest HR conference in the world. About PayScale
) is a market leader in online compensation and benefit data for employers and individuals. With the world’s largest database of individual employee compensation profiles, PayScale provides an immediate and precise snapshot of current market pay. PayScale's patent-pending real-time profiling technology collects and indexes employee pay attributes worldwide and makes this data available through its online search tools and salary reports at www.payscale.com. PayScale was founded in 2002 and is headquartered in Seattle, WA. Media Contacts:
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