Simplify Logo

Full-Time

Account Executive

Mid-Market I

Posted on 5/29/2024

PayScale

PayScale

501-1,000 employees

Compensation data and salary analytics provider

Data & Analytics
Enterprise Software
AI & Machine Learning

Compensation Overview

$150kAnnually

+ Commissions

Mid

Remote in USA

Category
Inside Sales
Sales & Account Management
Required Skills
Sales
Requirements
  • Bachelor's degree
  • 2-3 years of SaaS sales experience
Responsibilities
  • Collaborating with Sales Development Representative on territory planning
  • Qualifying inbound leads
  • Prospecting into accounts
  • Overcoming objections
  • Staying current on industry trends
  • Maintaining records
  • Achieving monthly pipeline goals
  • Continuous learning
  • Managing sales cycles

PayScale provides compensation data and software solutions to help organizations make informed pay decisions for over 23 million employees. 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 and fair salaries, which is essential for attracting and retaining 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, promote pay equity, and support businesses in achieving their objectives through informed salary decisions.

Company Stage

Series C

Total Funding

$136.1M

Headquarters

Seattle, Washington

Founded

2002

Growth & Insights
Headcount

6 month growth

-6%

1 year growth

-7%

2 year growth

-6%
Simplify Jobs

Simplify's Take

What believers are saying

  • PayScale's tools and data services help companies attract and retain top talent by offering competitive salaries, directly impacting employee satisfaction and retention.
  • The company's recent research highlights the importance of proactive and transparent pay practices, positioning PayScale as a thought leader in the compensation management space.
  • With over 8,000 clients, including Fortune 500 companies, PayScale has a strong market presence and a broad client base, ensuring business stability and growth potential.

What critics are saying

  • The competitive landscape in HR and compensation management software is intense, with numerous players vying for market share.
  • Reliance on subscription-based revenue means that economic downturns or budget cuts in client companies could impact PayScale's financial stability.

What makes PayScale unique

  • PayScale's extensive database of compensation data, covering over 23 million employees, provides unparalleled insights for HR professionals, setting it apart from competitors.
  • The company's subscription-based model ensures a steady revenue stream and allows for continuous updates and improvements to their software and data services.
  • PayScale's focus on pay equity and transparent compensation practices aligns with modern HR trends, making it a preferred choice for organizations aiming to foster fair pay practices.

Benefits

Flexible PTO

Employee assistance plan

FSA

Company matched & vested 401K

Medical, dental, & vision

Generous parental leave

Onsite training & classes

Life & disability insurance

INACTIVE