(PRWEB) June 17, 2015
Pinpoint Salary®, a leading employment research firm, is pleased to announce the launch of its new website, http://www.pinpointsalary.com, to provide the most accurate and current salary data in the United States.
The new website features free and retail salary data on over 3,000 job titles by 1,000 U.S. industries and 32,000 zip codes.
The salary data in each Pinpoint Salary report is also calculated by the most influential factors, such as experience level, size of company, years of experience, and union vs. non-union. Additional features are year-to-year change in salary data, salary by percentile, bonus data and hourly wage data.
The methodology used to develop the Pinpoint Salary database increases the accuracy and timeliness of the data above its competition. The accuracy of the data is founded in the size of the salary database, the largest in the market. 400,000 companies are surveyed annually and accounts for 135 million employees. The timeliness of the data is based on including labor market forces in the economic modeling of the database's methodology.
The quarterly labor market forces are regional inflation data, local unemployment rates, and population projections.
End users will find Pinpoint Salary an indispensable tool when job-hunting, negotiating salaries and job pricing.
Pinpoint Salary will become the industry standard for all job titles by industry and location.
Pinpoint Salary also publishes these popular reports:
1) Custom Salary Report - clients can buy their own custom salary report based on their own personal data (such as job title, zip code, industry, level of experience, size of company, years of experience and union vs. non-union). Each report is $49.00 and is the most accurate and current personal salary report available.
2) Executive & Management Salary Report - clients can buy up to 34 executive titles by industry for every U.S. zip
code. The Executive & Management Salary report’s job titles include CEO, President, Chief Operations Officer (COO), Chief Financial Officer (CFO), Executive Vice President, EVP Operations, EVP Sales, Senior Vice President, SVP Information Technology, SVP Finance, Vice President, VP/General Manager, VP Marketing, etc.
3) Information Technology (IT) Salary Report - clients can buy up to 200 IT job titles by industry for every U.S. zip code. The Information Technology (IT) Salary report’s job titles include Computer Systems Analysts, UNIX Administrator, Information Security Analysts, Disaster Recovery Specialists, Computer Programmers, PC Maintenance Technicians, Database Administrators, Mainframe Programmer, Computer Network Architects, Data Modeling Analyst, etc.
Pinpoint Salary Captures All The Criteria That Impact Your Income
Salaries vary on these main criteria featured in Pinpoint Salary reports:
- Experience Level - For example, Senior level employees earn 21.5 percent more than Intermediate level employees.
- Employee Size of Establishment - For example, employees at large establishments (more than 500 employees) earn 6.9 percent more than employeest at establishments with 10-19 employees.
- Years of Experience - For example, employees with more than 20 years of experience earn 31.4 percent more than employees with 5-9 years of experience.
- Union vs. Non-Union - For example, employees at union companies earn 27.1 percent more than employees at non-union companies.
- Industry - For example, General and Operations Managers in the Snack Food Manufacturing Industry earn 22.2 percent more than General and Operations Managers in the Bread and Bakery Product Manufacturing Industry.
Some Issues to Consider When Using Salary Data
Although positions have the same level of experience (entry level, intermediate, senior) and years of experience, the salary can vary greatly for a number of other reasons that are hard to quantify, such as:
1) Education - A Bachelor's degree from Harvard and a community college are not the same. College rankings, peer networks and career placement programs are important factors in college graduates in finding a high paying entry level job.
2) Specialties - Employees with specialized talent/skills or knowledge can have the same job title but have different applied skills. For example, a lead chef/cook at a family restaurant will perform different work skills than a lead chef/cook at a 5-star restaurant.
3) Hard work/Team Player - Many unquantifiable job skills deal with the personality of the employee. Whether the employee is a hard worker, a good team player, a good manager, the most beautiful model, the best athlete - all these qualities can impact a worker's salary.
Why Pinpoint Salary Is Important For You
Job seekers can use the Pinpoint Salary data to 1) measure whether the offered salary for a potential job is a competitive salary and 2) present your potential employer with third-party data to negotiate a more competitive salary.
Employers and Human Resources personnel can use Pinpoint Salary data to 1) properly price each job title at their company and 2) present employees with third-party data to justify the salary they are offered during negotiations.
Currently employed employees can use the Pinpoint Salary data to 1) re-evaluate their current salary during employee reviews and 2) decide whether to look for other employment with more competitive salaries.
About Pinpoint Salary
Pinpoint Salary®, a division of Barnes Reports, is a leading employment research firm featuring databases on salary data for over 3,000 job titles by 1,000+ industries and 32,000+ zip codes.
The free and retail reports on Pinpoint Salary stand out as the best in the industry and here's why:
1) The Most Recent
Pinpoint Salary data is updated quarterly based on labor market forces, such as regional unemployment rates and inflation rates. Pinpoint Salary is the only salary database that takes into account current labor market forces which continually change salaries and bonuses. For example, in a tighter labor market when unemployment rates are lower, salaries and bonuses will increase.
Other salary databases calculate their salary data on survey data that can be more than a year old. Since the labor markets continually change, this salary data could be hundreds of dollars higher or lower and, therefore, inaccurate.
2) The Largest Database
Pinpoint Salary is based on the U.S. Bureau of Labor Statistics' Occupational Employment Statistics. The OES surveys 400,000 establishments annually, the largest and most robust salary survey in the United States. The database covers 135 million workers in the U.S. labor force and over 3,000 job titles. Pinpoint Salary uses the OES database and applies our proprietary economic model to increase the timely effects on salaries, industry performance effects and most specific regional area.
Other salary databases conduct their own salary surveys but have a much smaller survey panel. These databases are too small to breakout by smaller regional areas, more specific industries and have a smaller list of job titles.
3) The Most Industries
Pinpoint Salary offers salary data for over 1,000 U.S. industries -- the most of any salary database service. This expansive offering is due to the large size of the Pinpoint Salary database.
Other salary databases are only able to breakout salary data by a few hundred of the largest industries because their databases are much smaller.
4) The Closest Locations
Pinpoint Salary calculates salary data for every U.S. zip code (32,000+ zip codes).
These calculations are based on each zip code's Cost of Living Adjustment (COLA) measurement.
Other salary databases do not offer this level of detail. Therefore, many times the closest salary data a person in small metro or suburban or exurb or rural areas can find is a large metro. For example, salary data for Portland, Maine in some salary databases is not available and Boston, Massashusetts salary data is offered.
5) The Best Features
Pinpoint Salary contains many unique features that other salary databases do not.
1) The database calculates year-to-year change in salary so that clients can see if salaries for job titles in industries and/or areas have increased or decreased.
2) Salary data is also calculated by the most influential factors, such as experience level, size of company, years of experience, industry, location, and union vs. non-union.
3) Additional data is provided such as salary by percentile, bonus data and hourly wage data.
4) Salary data by 32,000+ zip codes
5) Salary data for over 1,000 U.S. industries
For More Information
Craig Barnes, President
168 Stagecoach Rd., Woolwich ME 04579