RANSOMWARE TRACKING MAPS

Recent problems experienced with Ransomware are evident from infections, which have occurred in 99 countries including China and Russia. The organization that was worst hit by the attack was the National Health Service in England. It was reported that there was a WannaCry programme that demanded...

PayScale – Evolving Over The Years To Offer More Than Just Salary Reports

PayScale –Evolving Over The Years To Offer More Than Just Salary Reportspayscale

Last Thursday was a great day, not only for carving pumpkins and trick or treating, but for talking with Tim Low, VP of Marketing at PayScale about salaries, big data collection and the evolution of PayScale’s services.

PayScale, founded in 2002 out of Seattle, Washington, began as a company which offered consumers accurate salary reports, as well as resources to better understand those reports. It’s common to wonder if you are getting paid what you are worth and ten years ago it was difficult to find resources that gave you an accurate answer. Yes, one could look up job specific average salaries, but various elements were not taken into account. Therefore, reports generally offered broad, nation-wide averages. PayScale, however, stepped it up a notch to develop reports unique to the individual. The daily updated consumer salary reports, which are still widely popular today, are based on multiple factors including job field, years of service, developed skills, level of education, and location. The results also offer the consumer an idea of where their salary stands compared to others in the same field with similar skills and education. Low says that these elements combined add to the “consumer experience,” which has been the company’s central focus from day one.

Low says that as the years passed, the team realized that they wanted to broaden out across other facets of the field; just as consumers are interested in job pay so are businesses interested in knowing whether or not they compensating appropriately. Now, PayScale offers even more resources than ever, not solely to consumers, but also to businesses in need of the same data rich salary profiles. PayScale now works to “add value to other businesses,” says Low, with an easy to use, compensation focused, cloud-based SaaS. This added business to business (B2B) SaaS has boosted PayScale immensely, especially in the past year. In this time, the company has increased their client base by nearly 30%, bringing the number of companies using PayScale to over 3000. Obviously, as their client base increases substantially, so does their returns and last year their income grew by a whopping 43%.

Further utilizing these data sets isn’t an unusual concept, now a days, either, says Low. More and more companies, such as LinkedIn, are linking this information to business value and more will continue to do so as it is needed.

You’ll notice when you go to the PayScale website that they offer copious numbers of resources, as well. These resources include pay strategies, college salary reports and information about compensation for both consumers and businesses. The company posts articles regarding compensation regularly for those interested in what they are worth and why, as well as articles geared towards trends and various market research.

For more information about PayScale visit their website

By Glenn Blake

About Glenn Blake

Glenn Blake is a writer for CloudTweaks and has been writing about technology trends for over 25 years.

View Website

SYNDICATED NEWS SOURCES

(ISC)2 and Cloud Security Alliance Host Cloud Security Summit to Help Cybersecurity Pros Securely Harness Cloud Technologies

By CloudBuzz | September 22, 2017

(ISC)2 and Cloud Security Alliance Host Cloud Security Summit Research cites strengthening of cloud security skills top priority over next three years CLEARWATER, Fla. ,Sept. 22, 2017 /PRNewswire-USNewswire/ — (ISC)² today announced it’s partnering with the Cloud Security Alliance (CSA) for the CSA…

Exclusive: T-Mobile, Sprint close to agreeing deal terms – Sources

By CloudBuzz | September 22, 2017

(Reuters) – T-Mobile US Inc (TMUS.O) is close to agreeing tentative terms on a deal to merge with peer Sprint Corp (S.N), people familiar with the matter said, a major breakthrough in efforts to merge the third and fourth largest…

Hack of U.S. securities regulator rattles investors, stirs doubts

By CloudBuzz | September 21, 2017

WASHINGTON/NEW YORK (Reuters) – Wall Street’s top regulator faced questions on Thursday about its defenses against cyber criminals after admitting hackers breached its electronic database of corporate announcements and may have used it for insider trading. The incursion at the…

Leaking Cloud Databases and Servers Expose Over 1 Billion Records

By CloudBuzz | September 21, 2017

Servers Expose Over 1 Billion Records As The Wall Street Journal recently pointed out, some clients of cloud service providers such as Amazon and Microsoft are accidentally leaving their cloud databases exposed due to misconfigurations of their services. Coupled with recent headline-making…

Thales Joins the Microsoft Enterprise Cloud Alliance

By CloudBuzz | September 21, 2017

SAN JOSE, Calif., Sept. 21, 2017 /PRNewswire/ — Thales, a leader in critical information systems, cybersecurity and data security, is now a member of the Microsoft Enterprise Cloud Alliance (ECA). Designed to foster innovation and promote awareness of partner solutions, the ECA membership…

Addressing the UK NCSC’s Cloud Security Principles

By CloudBuzz | September 20, 2017

As your organization adopts more cloud services, it’s essential to get a clear picture of how sensitive data will be protected. Many authorities, from government regulators, to industry standards bodies and consortia, have provided guidance on how to evaluate cloud…