Joe Giordano of PayScale on Employee Compensation
Are you getting paid what you’re worth? Most of us would probably answer that question ‘No’ even if we spend our days running out the clock surfing YouTube. Seattle-based company PayScale is attempting to help answer the question of whether you’re getting paid what you’re worth, along with a number of other important questions you should be asking anytime you are actively seeking a new job. While most companies frown on sharing what you’re getting paid with the guy in the next cube, it’s natural to be curious if your efforts are being compensated in line with what other people get for performing similar functions. PayScale is taking a fairly unique approach to this problem by collecting data from both employers and employees (published as part of an anonymous whole) to get a better sense of the overall market across many job categories. By signing up for their service, you can keep track of movements in pay in your field and get useful data for negotiating your next pay raise. Employers get better access to data about what positions are worth in the global marketplace, which theoretically drives expectations to something of a market price in a large enough pool of data. Here Chris talks with Joe Giordano, founder of PayScale, about how the service works, how it benefits both employees and employers, and why a service like PayScale provides better information about the job market than previous methodologies.
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6 Comments
Jake Ludington - Mediablab: Published items (items 1 to 50)
October 29th, 2006
at 6:19pm
[...] Seattle continues to surprise me with cool companies that add value to existing services and make the Internet more interesting. In this case, I’m referring to PayScale, a company that surveys people about what they do for a living to get a better idea of what people are making in jobs around the world. On one hand, you might be thinking, why would I tell a site how much I make? On the other hand, you get a better idea of what people working in similar positions are making, assuming everyone provides reasonably accurate data. The next time you decide to change jobs, or when you’re negotiating a raise, you can get a feel for what other people in your field are making to get a better idea of what you’re worth. We recently posted an interview with PayScale’s founder, which offers more detail on how the service works and why it might be useful to you. [...]
PayScale - PayScale Career Podcast
November 8th, 2006
at 11:51am
[...] Joe Giordano, Founder of PayScale, does a Career Podcast on Employee Compensation with Chris Pirillo of the Chris Pirillo Show.This career podcast covers: how PayScale works, how PayScale benefits both employees and employers, and why a service like PayScale provides better information about the job market than previous methodologies.Listen to this Career Podcast to learn how to determine if you are getting paid what you’re worth.Career Podcast Questions:What if my job title is unique?What if I do more than one job?How can find general and specific trends for a job?Why are PayScale’s salary ranges more accurate than other methodologies?What data should I use to negotiate a raise? Privacy Notice: PayScale takes your privacy seriously and is sensitive to the nature of information collected on this site.Affiliate Program | Privacy Policy | Terms of Use | About PayScale | Help/F.A.Q.PayScale, The PayScale Report and People Like You are Trademarks of PayScale, Inc.©2000-2006 PayScale, Inc. All rights reserved. Patents Pending. _uacct=”UA-860310-1″; urchinTracker(); [...]
tom wright
January 26th, 2007
at 10:39pm
Great program! Just wondering, did Joe work at Stone And Webster Engineering in boston, Mass in the ’80’s? If so, I worked as supervisor of data base adminstration. Hi Joe. Good luck and hope to see you around.
Tom Wright
Cape Elizabeth, Maine
tom wright
January 26th, 2007
at 10:39pm
Great program! Just wondering, did Joe work at Stone And Webster Engineering in boston, Mass in the ’80’s? If so, I worked as supervisor of data base adminstration. Hi Joe. Good luck and hope to see you around.
Tom Wright
Cape Elizabeth, Maine
Joe Giordano of PayScale on Employee Compensation ~ The Chris Pirillo Show
March 5th, 2007
at 4:30pm
[...] Joe Giordano of PayScale on Employee Compensation [...]
Joe Giordano of PayScale on Employee Compensation ~ The Chris Pirillo Show
March 5th, 2007
at 4:30pm
[...] Joe Giordano of PayScale on Employee Compensation [...]