Introducing “LinkedIn Salary”: Unlock Your Earning Potential
November 2, 2016
Salary can be a sensitive topic to discuss at work, and it can be hard to find reliable and up to date information on the web. That’s why today, we are excited to launch LinkedIn Salary, to help professionals around the world make better career decisions and optimize their earning potential now, and in the future.
With LinkedIn Salary, we’ve tapped into our network of more than 460+ million members to provide deep insights into the compensation landscape. This includes salary, bonus, and equity data for specific job titles, and the different factors that impact pay such as years of experience, industry, company size, location, and education level - all of which becomes critical knowledge as you navigate your career. Also, rest assured that when you enter your salary, it’s immediately encrypted and remains private.
Here is how LinkedIn Salary will help you make more informed career decisions:
Get the full picture: For a given job title, we show you a detailed distribution of base salary, along with additional elements such as stock and annual bonus. For example, while most data analysts don’t report receiving an annual bonus, it makes up a large portion of compensation for 79 percent of investment banking analysts.
See top paying locations: Know what locations pay the most for specific jobs, and see the number of job openings there. For example, a registered nurse in Sacramento gets paid an average of 50 percent more than in New York City.
Understand which educational requirements matter: When considering furthering your education, you can better assess how important a master’s degree vs. a bachelor’s degree is. For example, marketing directors tend to see some of the largest salary increases from obtaining an MBA.
See which industries pay the most: There are several opportunities that are impacted by industry. For example, the highest paying industry for sales representatives is healthcare.
See salaries for the top companies: Know more about the compensation for companies you’re interested in, and be the first to know about job openings through “Following” their Company Page.
Understand how company size affects pay: View how pay differs for job titles depending on company size. For example, you could earn more as a project manager at a large company vs. a mid-sized one.
Know what salary you can expect to get based on experience: Get details on how you can expect your salary to change based on current and future experience in the field.
With LinkedIn Premium, members will have access to LinkedIn Salary without the need to contribute their salary information, and will also now have access to LinkedIn’s quality salary intel throughout their job seeking experience. They can now filter jobs by LinkedIn Salary data and have immediate access to more precise salary information on the job postings they’re interested in.
This is just the beginning of what’s possible. Over time, we anticipate using LinkedIn data to add even more actionable insights to help you make better career decisions. For example, imagine if we recommended which skills within your field or industry can help you earn more.
At launch, LinkedIn Salary will be available to all our members on desktop and mobile Web in the U.S., Canada and U.K, with plans to roll out globally in 2017. We hope to give professionals around the world access to salary data they can trust, so they can make more informed decisions on where to work, what to learn, and how to evolve their careers. Learn more