Seattle, WA, - September 25, 2007 - PayScale, one of the largest real-time online compensation data sources in the world for individuals, today announced that it that it will bring PayScale's real-time salary tools and career management content to the AOL Jobs channel and elsewhere on the AOL network.
The alliance will offer AOL users the ability to determine their current market value with PayScale's Salary Calculator, and receive a comprehensive salary report for free by taking the PayScale salary survey. PayScale will also provide access to innovative career tools, and compelling career management content, including coaching articles, How-To tips and reports on workplace trends.
PayScale has launched the concept of anonymously comparing your salary online - in detail - to other real people with similar individual and job characteristics (i.e., 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, thus creating a level of accuracy that cannot be achieved with traditional methodologies.
"We have seen the Internet become the go-to source for market pricing information in the real estate, automotive, and travel sectors, and now salary and career planning," said Mike Metzger, CEO of PayScale. "By using innovative technologies and services, like those PayScale offers, individuals can now compare their salary and compensation online in an accurate and real-time manner."
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, Wash.