PayScale: Difference between revisions
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'''PayScale''' is an American website which provides information about [[salary]], [[employee benefit|benefits]] and [[wage|compensation information]]. The website was launched on January 1, 2002.<ref>{{cite web|url=http://investing.businessweek.com/research/stocks/private/snapshot.asp?privcapId=24326552 |title=PayScale, Inc. on Business Week |publisher=Investing.businessweek.com |date= |accessdate=2012-08-02}}</ref> It was founded by Joe Giordano and John Gaffney. |
'''PayScale''' is an American website which provides information about [[salary]], [[employee benefit|benefits]] and [[wage|compensation information]].<ref name="badcredit">{{cite web|last1=McDonald|first1=Jon|title=PayScale: Empowering Workers to Know What They Should Be Paid Based on 54M+ Salary Profiles|url=http://www.badcredit.org/payscale-shows-workers-real-salary-data/|website=BadCredit.org|accessdate=10 February 2018|date=12 September 2016}}</ref> The website was launched on January 1, 2002.<ref>{{cite web|url=http://investing.businessweek.com/research/stocks/private/snapshot.asp?privcapId=24326552 |title=PayScale, Inc. on Business Week |publisher=Investing.businessweek.com |date= |accessdate=2012-08-02}}</ref> It was founded by Joe Giordano and John Gaffney. |
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On April 24, 2014, [[Warburg Pincus]] acquired PayScale in a deal worth up to $100 million.<ref>{{cite news|url=https://techcrunch.com/2014/04/24/warburg-pincus-buys-compensation-software-service-payscale-for-up-to-100-million/|title=Salary report generator PayScale getting up to $100M in deal led by Warburg Pincus|last=Cook|first=John|date=24 April 2014|work=|via=|accessdate=7 May 2014}}</ref> |
On April 24, 2014, [[Warburg Pincus]] acquired PayScale in a deal worth up to $100 million.<ref>{{cite news|url=https://techcrunch.com/2014/04/24/warburg-pincus-buys-compensation-software-service-payscale-for-up-to-100-million/|title=Salary report generator PayScale getting up to $100M in deal led by Warburg Pincus|last=Cook|first=John|date=24 April 2014|work=|via=|accessdate=7 May 2014}}</ref> |
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Revision as of 19:13, 10 February 2018
| File:Payscale.svg | |
Type of site | Private |
|---|---|
| Available in | Multilingual |
| Founded | January 1, 2002 |
| Headquarters | Seattle, Washington, U.S. |
| Founder(s) | Joe Giordano John Gaffney |
| Key people | Michael Metzger, CEO and President[1] |
| Industry | Internet |
| URL | www |
| Commercial | Yes |
| Registration | Optional |
| Current status | Active |
PayScale is an American website which provides information about salary, benefits and compensation information.[3] The website was launched on January 1, 2002.[4] It was founded by Joe Giordano and John Gaffney.
On April 24, 2014, Warburg Pincus acquired PayScale in a deal worth up to $100 million.[5]
Overview
PayScale was developed to help people obtain accurate real-time information on job market compensation. The service works via the Internet by enabling individual employees to submit their job profile and salary data, which is then compared to others. The company claims that it is able to use the volume of information statistically to determine accurate real-time salary information.[6]
The company generates revenue by selling aggregate data and web services to employers, to aid in determining correct market rates for hiring, benchmarking and budgeting, and by targeted advertising to employees that visit its web site.
The company has published rankings of U.S. universities based on "return on investment," or the purported difference between student expenditures for a university degree and the money they earn from it.[7] These rankings are dramatically different from better-known rankings published by U.S. News and World Report, Forbes, The Economist, and other mainstream publications (for instance, PayScale places Yale University 93rd among American universities and Georgetown University 132nd). The Chronicle of Higher Education has criticized PayScale for using misleading sample sizes and for omitting all alumni of universities who go on to grad school from its count.[8]
References
- ^ "PayScale Management Team". Retrieved 7 May 2014.
- ^ "PayScale.com Site Info". Alexa Internet. Retrieved December 27, 2017.
- ^ McDonald, Jon (12 September 2016). "PayScale: Empowering Workers to Know What They Should Be Paid Based on 54M+ Salary Profiles". BadCredit.org. Retrieved 10 February 2018.
- ^ "PayScale, Inc. on Business Week". Investing.businessweek.com. Retrieved 2012-08-02.
- ^ Cook, John (24 April 2014). "Salary report generator PayScale getting up to $100M in deal led by Warburg Pincus". Retrieved 7 May 2014.
- ^ DAMON DARLIN (March 3, 2007). "Using the Web to Get the Boss to Pay More". The New York Times. Retrieved 2 August 2012.
- ^ "2013 College Education ROI Rankings: Does a Degree Always Pay Off"?
- ^ Svaldi, David (April 21, 2014). "The More You Pay, the More It's Worth." The Huffington Post. (Quoting the Chronicle of Higher Education)
External links
- PayScale web site
- New York Times by Damon Darlin The New York Times (March 3, 2007)
- Review: How Much Money Do You Make? by Michael Arrington TechCrunch (October 12, 2006)
- PayScale shows you the money from The Seattle Times (August 29, 2005)
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