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Friday, June 12, 2009

PayScale Provides Decision-Based Answers to Bing Salary Searches

PayScale, Inc., the world's largest real-time salary dataset, announced a service that enables all Bing users seeking answers to salary related queries to receive immediate answers from PayScale.com's 17.5 million+ dataset. PayScale is providing instant answers to salary queries on Bing for the 4000 most popular job titles (e.g. architect, concierge, lawyer). Searches will return national salary figures, with metro-specific information also available.

"Extending PayScale's real-time salary data capabilities to Bing users is another proof point that workers and job seekers are hungry for this kind of information and that the Web has become a go-to source for decision-making intelligence" said Mike Metzger, CEO of PayScale. "Even during a volatile economic downturn where jobs are being lost, salary data and career-related information will stay top of mind for all workers and job seekers. PayScale, with our real-time dataset, will offer Bing the freshest, most accurate salary information currently available."

Real-time salary information, analytics, and career-planning tools from PayScale serve as a resource for millions of individuals every month. Business leaders needing to make strategic HR decisions and manage their talent find PayScale's compensation suite of business applications to be a powerful aide in a quickly evolving job market.

According to Microsoft Corp.'s announcement, the company identified three design goals to guide the development of Bing: deliver great results; deliver a more organized experience; and simplify tasks and provide insight, leading to faster, more confident decisions.

Every day tens of thousands of people take PayScale's salary survey to compare their pay anonymously with their peers and improve their understanding of the job market. PayScale has created the concept of anonymously comparing your salary online - in detail - to other real people with similar individual and job characteristics (e.g. location, company type and size, job title, experience, education, skills, and more.) Using an advanced search and proprietary matching technology, PayScale finds a relevant peer group from its dataset that matches the user-provided job information. The system allows every user's job profile to be unique and relevant to his/her different job requirements. This creates a level of accuracy that cannot be achieved with traditional methodologies and allows individuals to better understand earning potential.

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