PayScale

PayScale

Compensation data and salary analytics provider

About

PayScale provides compensation data and software solutions to help organizations make informed pay decisions. Their products include compensation software that offers current market data and analytics, cloud-based collaboration tools, and survey management services. These tools assist HR professionals and business leaders in determining competitive salaries, ensuring fair pay practices, and attracting top talent. PayScale differentiates itself from competitors by focusing on subscription-based access to comprehensive compensation data and analytics, along with resources like demos and best practice guides. The company's goal is to modernize compensation strategies for businesses, promote pay equity, and support employee retention through competitive salary offerings.

Company Stage

Acquired

Employees

501-1,000

Industries

Data & Analytics, Enterprise Software

Total Funding

$26.7M

Headquarters

Seattle, Washington

Founded

2002


Simplify Jobs

Simplify's Take

What believers are saying

  • Increased demand for compensation data due to remote work trends.
  • Growing interest in pay transparency and equity as a differentiator for companies.
  • Partnerships with educational institutions enhance brand visibility.

What critics are saying

  • Pressure to enhance data accuracy due to increased demand for pay transparency.
  • Shift towards remote work challenges traditional compensation models.
  • Rise of AI in HR processes increases competition for PayScale.

What makes PayScale unique

  • PayScale pioneered big data and matching algorithms for compensation platforms.
  • Over 8,000 clients, including Fortune 500 companies, use PayScale's services.
  • PayScale offers subscription-based software solutions with robust analytics and market data.

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Growth & Insights
Headcount

6 month growth

0%

1 year growth

0%

2 year growth

0%

Benefits

Flexible PTO

Employee assistance plan

FSA

Company matched & vested 401K

Medical, dental, & vision

Generous parental leave

Onsite training & classes

Life & disability insurance

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