March 2, 2007

Show Me the Money

It's no secret that workers would love to know what their colleagues earn. Who's making more? Who's making less? How's her salary higher than mine when I've been here longer? Such questions boggle the minds of corporate workers. Others are more consumed by their market worth. Am I making enough money for the work I'm doing? What do workers in comparable positions at other companies earn? Thanks to PayScale, workers needn't spend hours gossiping around the watercooler to answer some of these questions. A simple visit to PayScale.com and some mysteries might be easily resolved.

Launched in 2000 by Joe Giordano amid the envious days of inflated salaries and options of the Internet bubble, "PayScale is used by tens of thousands of job seekers, employees, and hiring managers every day." PayScale is "highly interactive: The site collects real-time pay data directly from workers and spits out an analysis showing what an occupation is worth -- organized by a given city, industry, or company -- with the speed of an online stock quote. So far PayScale has collected the salaries of 5.5 million American workers." Are you one of them? [Business 2.0] [PayScale]

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