5 Facts About Comparably - The Next LinkedIn, Glassdoor
Move over LinkedIn and Glassdoor! A new startup called Comparably is trying to make a name for itself when it comes to delivering a more accurate and comprehensive salary and work culture data.
"Our vision is to make work dramatically better for millions of employees and companies by demystifying compensation and culture," said CEO and co-founder Jason Nazar in a Business Wire news release.
"We've built an innovative product experience, with more comprehensive and granular data than anywhere else. You'll finally be able to reliably see how much money you should be making and what experience your peers are having at work," Nazar added.
What Comparably Brings to the Table
For individuals, Comparably can tell how their salaries compare with other people of the same title and work experience while considering some parameters like the location and size of the company, notes Business Insider. Employers can also gain insights that could help their companies adapt to or make changes like growth and improvement of work culture.
Making Progress
Although Comparably only caters to those working for tech companies, the team intends to take it to a wider audience across different industries. The startup is already taking great strides in terms of funding to gain more ground for the realization of its vision.
As of yet, Comparably has already amassed about $6.5 million from different investors like venture capital firms Crosslink Capital, Upfront Ventures, Lowercase Capital, Crosscut Ventures, Pritzker Group, Rincon Venture Partners, BAM Ventures and 500 Startups, per the Los Angeles Times.
Job Satisfaction
Apart from giving one an idea on how much you make compared to peers, Comparably can also quantify and gauge your satisfaction with what you do through some simple quizzes available on the site. You can find out how you fare in terms of job satisfaction versus other employees via the average score. This could help you decide whether or not it's time to get a change of scenery.
Gender Pay Gap Information
"We're going to have the most robust and comprehensive tool to really see how compensation breaks down," Nazar told Tech Crunch. He added that the company aims to "be at the forefront of being able to publish data around the gender pay gap."
Now, women can have an idea whether their paychecks are tantamount to their skills and experience, and not being undervalued because of gender.
The Braintrust
Apart from Nazar, who is also the founder of Docstoc (eventually sold to Intuit), the other tech executives behind Comparably are George Ishii, Mike Sheridan and Yadid Ramot.
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