By Bruce Powell, Founder & Executive Recruiter
If you are like most professionals, you want to make more money. Who doesn’t, right? Most of us have an idea of where our current salary falls on the wage scale in comparison to other professionals with similar experience and credentials.
What if you could get the full picture of how much you could and should be making? LinkedIn Salary will do this for you.
“One of the [top] things we continue to hear from our members is about compensation information and the lack of reliable [information] on the web today,” said LinkedIn Salary’s product manager Ryan Sandler in The Financial Post. “So we thought that with LinkedIn’s unique access and its 450-million-plus member base, we could really solve this large problem better than anyone else.”
About LinkedIn Salary
LinkedIn Salary helps professionals discover their earning potential. Using job title and location, it will provide you with up to date information about the current salary you can expect. The feature allows you to:
- See how salaries vary by industry, education level and area of study, and company size
- Understand how location can impact your salary expectations and identify top-paying locations for your job title
- Get information about bonuses, stock options, and other financial incentives
- Explore salary ranges
The tool is updated every three hours, ensuring you have the most up to date salary information, a common issue that many experience when looking for salary information online.
It’s Free – But There Is a Catch
The new feature is available for free to LinkedIn users, but it means that you must first submit your salary information into the service. This allows the feature to collect current salary information. “Free LinkedIn members can see the first page of results before having to submit their salary as limited-time preview. Meanwhile, LinkedIn’s premium members can use LinkedIn Salary without having to hand over a dollar figure,” says Josh McConnell from FP.
Personal privacy was taken into consideration when developing the feature. “No LinkedIn employees or anyone else can access the data and see a member tied to their salary,” Sandler said.
LinkedIn Salary is available now in Canada, the United States, and the United Kingdom and will roll out to other countries in 2017.
Learn More About LinkedIn
Read more blog posts from our Toronto recruiters about LinkedIn and its impact on recruiting and job search strategies:
LinkedIn Survey Outlines Top In Demand Skills for 2017
Most People Want to Work for Small Companies, Says LinkedIn
LinkedIn Releases List of Top Companies to Work For
4 LinkedIn Profile Mistakes That Could Hurt Your Job Search
Is It Time for a LinkedIn Profile Revamp?
IQ PARTNERS is an Executive Search & Recruitment firm supporting clients across the country. We help companies hire better, hire less & retain more. We have specialist teams of recruiters in Financial Services & Insurance, Marketing Communications & Media, Emerging Tech & Telecom, Consumer Goods & Retail, B2B & Industrial, Technology, Accounting & Finance, HR & Operations and Mining & Engineering. IQ PARTNERS has its head office in Toronto and operates internationally via Aravati Global Search Network. Click here to view current job openings and to register with us.