| Website | payscale.com |
| Category | Web |
| Phone | 1-888-219-0327 |
| service@payscale.com | |
| Employees |
| Total | $20.5M |
| Series A, 10/04 Buerk Dale Victor Fluke Venture Partners Madrona Venture Group | $3.2M |
| Series B, 10/05 Buerk Dale Victor Fluke Venture Partners Madrona Venture Group Trinity Ventures | $7M |
| Series C, 7/07 Allen & Company Buerk Dale Victor Corporate Executive Board Fluke Venture Partners Madrona Venture Group SAP Ventures Trinity Ventures | $10.3M |
Launched in 2002, PayScale offers the “world’s largest database of salary information” to help employees find their worth. The company, which is based in Seattle, asks users to disclose detailed information about their job function and compensation. In return they get access to detailed salary information in the database, including custom reports based on salary, bonus, commission, hourly rates, health and vacation benefits.
The basic service is free. PayScale generates revenue by upselling users to premium accounts and selling aggregate data to third parties.
PayScale’s competition includes Salary.com, SalaryScout and PayScroll.
| Website | payscale.com |
| Stage | Live |
| Launch Date | July 28, 2007 |
| Tags | salary, pay, job, compensation, jobs |
Founder Joe Giordano has referred to PayScale as the Kelly Blue Book for jobs. With over 7 million profiles in their database PayScale helps users figure out how much they should be making.
To get started, users spend about five minutes entering personal info relating to job type, experience, salary, benefits and education. Users are then presented with a free comparison report showing an expected compensation range, common benefits and job opportunities. For $20, PayScale Premium gives you real salaries from anonymous profiles, a premium salary report and negotiation guide.
Overall PayScale offers a useful service that gives significant value back to the user for spending time adding content to their database.
