LinkedIn can now help you figure out the salary you deserve

LinkedIn can now help you figure out the salary you deserve. Image: LinkedIn For all of LinkedIn's career-building tools, one area where the professional network has fallen short is in helping shed light on the black box that is salary information. That is now changing. The company introduced a new tool called LinkedIn Salary that aims to help users learn more about the salaries in their industry and how making changes to their current career impacts how much they make. Besides base salary, it also takes into account other forms of compensation, like bonuses and stock options. LinkedIn, which is increasingly focusing on a data-driven approach to its services, will also let you dig into the salary data so you can get a better idea of how different factors impact salaries in a given field. For example, it will show how salaries for a given role vary by company, as well as how company size and education level impact earnings. Image: LinkedIn LinkedIn is not the first company to try to bring more transparency to salary information — Glassdor has a similar product for helping people determine whether they are being paid fairly — but the company says it is more focused on helping its users maximize their potential rather than assessing fairness or whether a particular salary is competitive. Instead, the goal of all of this, LinkedIn says, is to "help professionals around the world make better career decisions and optimize their earning potential now." And the company says we can expect to see it integrate salary information into more parts of its network in the future (LinkedIn Premium users will also see salary details in the site's job search results.)

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Image: LinkedIn

For all of LinkedIn’s career-building tools, one area where the
professional network has fallen short is in helping shed light on
the black box that is salary information. That is now changing.

The company introduced a new tool called LinkedIn Salary that aims to
help users learn more about the salaries in their industry and how
making changes to their current career impacts how much they
make.

Enter a job title and a city and the tool turns up results
showing the median earnings for individuals with that job title in
the city you selected. Besides base salary, it also takes into
account other forms of compensation, like bonuses and stock
options.

LinkedIn, which is increasingly focusing on a data-driven
approach
to its services, will also let you dig into the salary
data so you…

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