LaborIQ

LaborIQ is the first software solution to bridge the gap between labor market and salary analysis, helping business leaders understand the impact of their organizations.

Languages supported: English

Platforms: Mac, Win, Linux

Price: $$$$$

Business Size: 1

9.0/10 (Expert Score) ★★★★★
Product is rated as #15 in category Compensation Management Software
Ease of use
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Ease of Setup

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LaborIQВ® by ThinkWhy is a breakthrough technology providing HR leaders, compensation managers and talent acquisition professionals with talent and market intelligence.

Our talent tech delivers the most precise compensation data and job market analysis for over 20,000 job titles, across all U.S. cities and industries. LaborIQ’s employment reporting and forecasts, talent supply index, compensation benchmarking, and custom reporting tools deliver a competitive advantage.

LaborIQ
LaborIQ

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Customer Reviews

LaborIQ Reviews

Chris N.

Advanced user of LaborIQ
★★★★★
LaborIQ is a game changer!

What do you like best?

The ease of use is probably the most significant asset that LaborIQ has over comparative products; however, the tool is highly functional, and the information is quickly accessible. I also like the ability to change company size and see the dramatic effect it has on roles.

What do you dislike?

While there is little to dislike, I find that there are too many job titles listed which makes it challenging, IMO, to ensure that you are using the most accurate information. There are more than a dozen titles for Registered Nurse, for example. Additionally, it is only currently of use for roles in the United States. In reality, this is nitpicking at its finest because I think the tool is excellent and highly valuable.

Recommendations to others considering the product:

LaborIQ is a far more functional tool than competitors like Emsi or Salary.com It is so easy to use!

What problems are you solving with the product? What benefits have you realized?

The most impactful part of the tool is our ability to set expectations with hiring managers. Often, hiring managers have certain opinions and beliefs about what the market supply & demand is as well as pay rates. We find that providing LaborIQ data upfront, allows us to be proactive with our partners about approaching the open roles and how they should proceed.

Review source: G2.com

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