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Company Overview of PayScale, Inc.
PayScale, Inc. provides cloud compensation software for individuals and business customers. It offers Insight Expert, a Software-as-a-Service to streamline salary benchmarking, set and adjust pay ranges, get pay right and identify flight risks, allocate pay increases, and create executive reports; and price jobs in multiple geographies, industries, or company size with MDA. The company also provides professional services to evaluate current compensation structures and practices, formulate compensation strategies, and develop and implement new compensation structure; and manage compensation plan on an ongoing basis, perform quarterly compensation check-ups on a routine schedule, conduct an an...
542 1st Avenue South
Seattle, WA 98104
Founded in 2002
Key Executives for PayScale, Inc.
Chief Executive Officer, President and Director
Founder, Vice President of Product Development and Board Observer
Chairman of Advisory Board and Vice President of Data Analytics
Chief Product Officer and Board Observer
Compensation as of Fiscal Year 2015.
PayScale, Inc. Key Developments
PayScale, Inc. Announces Set of New Features Designed to Simplify the Process of Managing Talent Across an Organization
Oct 20 15
At the HR Technology Conference, PayScale, Inc. announced a set of new features designed to simplify the process of managing talent across an organization. The new features automate time-consuming manual tasks associated with determining benchmarks and individual salaries for every position at a company. In keeping with PayScale's 'Back to the Future' theme at the conference, the company also announced new enhancements which allow HR professionals and business leaders to easily review the effectiveness of past compensation programs and also quickly build and evaluate various models for the future. PayScale's new features which are designed to ease processes associated with compensation management and help HR managers make better decisions include: Easy job matching - New job matching features use PayScale's real-time data to transparently show managers which factors are driving pay for each job. Because many providers of traditional salary information don't reveal how compensation data is generated, managers using PayScale can be more confident they are making the right compensation decisions; Fast onboarding - In contrast to the long and arduous implementation process for some HR solutions, PayScale's onboarding features allow managers to add jobs and get initial salary matches quickly and easily; This allows HR managers to begin pricing jobs and better understand market trends right away; · Advanced modeling, testing, and experimentation tools - A new, live test environment allows users to easily build compensation models for specific departments, physical locations or job families across the organization without impacting their real world compensation or budgets. PayScale presents the models in a highly visual format so businesses can experiment with various scenarios side-by-side to make better compensation decisions both and into the future; New compensation snapshots - The new 'snapshot' feature provides immediate insights into performance of previous compensation programs and decisions, so businesses can more easily determine which aspects were effective and which require further refinement. This historical view (that is six or 12 months ago) of compensation provides HR professionals with more context when developing new compensation programs. These features from PayScale allow new customers to benefit from compensation insights almost immediately, while existing customers are better equipped to plan for the future.
PayScale, Inc. Appoints Melody Brown as Senior Vice President
Dec 26 14
Melody Brown was appointed Senior Vice President of Sales for PayScale, Inc. Melody is a high performance sales and marketing technology leader with a consistent record of driving results. Prior to joining PayScale, Melody served as Vice President Sales and Channel, Americas for DataCore Software.
PayScale, Inc. Announces Executive Appointments
Nov 13 14
PayScale, Inc. announced the company hired Melody Brown as Senior Vice President of Sales and promoted Stacey Klimek to Vice President of People. The two new appointments bolster the leadership team by increasing PayScale's focus on expanding its existing customer base and attracting talent to join a number of growing teams across the company. These appointments will also enable the company to continue its significant expansion following a $100 million investment from growth investment firm, Warburg Pincus in April. She joins PayScale from DataCore Software. Previously, Brown was Vice President of Online Experience, Digital Marketing and Inside Sales at Safeco Insurance. Prior to joining PayScale, Klimek was Chief Financial Officer at the construction management firm Redhawk Group and Controller at two prominent Seattle technology firms- Captura Software and NetMotion Wireless.
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