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LinkedIn Salary — Discover your earning potential
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Jose Pita
Is it for US only cities? I'm trying Barcelona and no luck
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Quite a few companies in this space recently. Most notably is Comparably. There was another job site that recently starting doing this as well, but I can't remember what it was. In general these are great for giving a better understanding of what the going rate is for your role on a pure cash level. As for equity, there's an argument to be made that equity is often worth $0. One of the biggest challenges is having data reported accurately across multiple years of experience ranges for each job per locale. With limited data these numbers have potential to be skewed on the low/high end.
For instance the product design data for SF is significantly different than private google sheet data that I have seen in the last 8months.
Thanks @_gordee. Please see my response above to @j_r_wi11iams on some of the unique differences.
Tried Creative Director in Sussex = nothing.
Tried “in London” = nothing.
Tried “in U.K.” = nothing.
🤔
It's a little light in some areas of the country, but I'm glad to see LinkedIn doing this anyway.
I don't think that the stats are really ready yet. I did a couple of searches, and got no results whatsoever. What I got instead, was a prompt to enter my salary. I think what this tool really is, is more of a neat trick for collecting a bunch of lead data, and providing it straight off to recruiters. Just my 2 cents.
Hey @preslavrachev, thanks for the feedback! We do not share the data with recruiters. It remains completely private and insights are only provided back to users in aggregate. More info on our Eng blog -> http://lnkd.in/salaryengineering/.
Although we have over 1 million submissions, we don't yet have data for all roles. By submitting your salary, you can help expand coverage for more titles.
Great tool from well-known "job"-company will be much usefull for a lot of people.
1. Let users from any location report their salary. I am already OK to share data with you (even if you are still will not provide insights for me now) – in such case you could collect data for future rollouts.
2. Why can't I choose an area? I believe managing partner in IT company will definitely have different salary than managing partner of some small education center, etc.
Interesting timing with Glassdoor pushing their new "Know your worth" tool. https://www.glassdoor.com/Salari...
Fun to see all these types of features get released as the data becomes more reliable.
If you're interested in seeing salary data that isn't self-reported, in the US, all H1B Visa'd employee salaries are public via the Department of Labor http://h1bdata.info
@_tyoung yes it is very interesting that LinkedIn decided to compete in this area. I can see how it's a nice 'add on' while searching for jobs in LI, but do not think they can surpass glassdoor as being a 'source of truth'. GD has just been at it for such a long time and are more focused on 'getting it right'.
H1B data is interesting because it is public, but likely has its own skew.
True. I kinda assume that companies fudge titles/numbers sometimes so that a visa will be approved - but I think it's probably mostly accurate. Especially because it seems pretty consistent with other self reported data from places like Gd.
Ugh. Please stop with the salary comparators. There's only two ways to do this without good data -- most just give misleading information by using too little data to make assumptions. And getting good data is almost impossible because "account manager" at an agency or "associate publisher" at a magazine means a dozen different things, none of which are comparable.
LinkedIn seems to be going the other route. It returned no results for about a half dozen common titles in Dallas / Fort Worth. That's at least less dangerous than the other path.
Thanks @mikeorren. As you called out, we only return insights for roles where we have enough confidence in the data. We are also making large investments in being able to understand how titles differ at various companies. Stay tuned. :)
This is really cool. I wonder if Linkedin will introduce a breakdown like by gender & ethnicity like comparably.com is doing. LinkedIn already has so much data on everyone so it seems like this can developed way further
@_rg2 try "mobile engineer" (which shows up as a Similar Title for that query). Looks like we have data in SF, and hopefully we'll have for Detroit, Miami, & Seattle soon after launch.
https://www.linkedin.com/salary/...
@sandlerryan I see the results now for SF, and I'm pretty happy about that. The data is pretty relevant and accurate. Incorporating interchangeable titles to make it easier to find data would be helpful too. So far so good though, keep up the good work.
Aren't there zillions of tools like this? I'd like to see one that supports "remote" location.
@sandlerryan I support the remote option as well. There are more remote workers than workers in many large cities.
This looks interesting @sandlerryan what's the benefit of using this over Glassdoor or Comprably?
Hey @j_r_wi11iams. A few of the many reasons... (1) Tying salaries (anonymously) to structured data from verified LinkedIn profiles allows us to produce new and unique insights (e.g., how salary changes by degree, major, skills, etc.). (2) we have built machine learning and data mining techniques to make sure data remains accurate and reliable. (3) knowing how quickly labor markets change, we make sure our data is fresh and we only show data collected within past 12 months.
You can find more details re: our methodologies at lnkd.in/salaryengineering.
Hrmmm, no results for CEO salaries.
Tools like this are super useful but can be misleading. They don't accurately report benefits, equity packages, and other value implicit or explicitly given by the employer.
This is genius lead gen for their recruiting business. 😊
@rrhoover thanks for the feedback. We're just getting started and due to member privacy considerations, we need at least 5 submissions to show data for a role. Hope to have enough CEO salaries soon. :)
We include both base salary and additional compensation like stock, bonus, etc., and we're working on adding other features like benefits. The product was created to increase salary transparency and help members make better career decisions, and wasn't built for recruiting.
More info on privacy and security in our Engineering blog - http://lnkd.in/salaryengineering/
@rrhoover I was thinking the same thing. I'm in Northeastern Pennsylvania, and I have to widen my search to the Greater NYC (definitely *not* the same market) area due to lack of available data. Sharing my salary might help, but that might mean *more* emails from LinkedIn haha
@rrhoover Also, sample size is often incredibly small. 25 salaries is not enough to make any true conclusions.
@sandlerryan salaries differ based on the stage of the company, pre rev/startup vs small biz, corp, etc. Anything on the roadmap to accommodate for this and break out these categories?
@sandlerryan @rrhoover I believe you won't have a problem finding CEO salaries when the Pay Ratio Disclosure takes effect on 1st January 17.