The latest thinking, news and events from the world of Recruitment

New Tool for the Recruitment Industry – MySalarySurvey

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As recruiters, we’ve long known that accurate, up-to-date salary and benefits data is valued by clients and candidates in most industry sectors, both during the recruitment process and in recruitment planning.

Many recruitment firms strive to meet this need by publishing an annual or bi-annual survey. But as those of you who’ve been involved in this process will know, the cost, in terms of time and money, can be considerable.

And even when you manage to obtain sufficient responses to make the data meaningful, such surveys produce only static results, which soon become redundant and need to be gathered again, year after year.

Nonetheless, the strategic benefits of being recognized as an authority on salary and benefits data in your sector are well understood by leaders in the recruitment industry.

Boosting passive candidate attraction and creating opportunities to work with new clients as well as being well positioned to advise current ones on salary benchmarking are among the competitive advantages enjoyed by agencies that manage to pull this off.

Little wonder then, that when www.MySalarySurvey.com came onto the scene earlier this year offering recruitment companies a new, simple and cost-effective way to gather industry-specific salary data 24-7-365, people in our industry took notice.

MySalarySurvey is an online platform that can be deployed on your website or on its own domain and enables professionals within your industry to compare their salaries to their peers’ in real time. Information is obtained directly from respondents and published anonymously and instantly making this the most up-to-date and accurate way to report on remuneration data.

Users (companies, candidates and recruiters) can search for salary information on a wide range of criteria from location and job title to years of experience, qualification level, company size and much more – drilling down to find specific profiles of interest.

Since its launch, recruitment companies have already started queuing up to invest in the system, with surveys built or in development for the construction, legal, video games, marketing and project management sectors. But what do these agencies stand to gain financially?

Apart from the strategic benefits already outlined, perhaps the most attractive benefit to recruiters of operating an online salary survey is the opportunity to connect with passive candidates – those professionals who may not be looking for a job.

Such candidates typically access the survey to prepare for pay reviews or simply to satisfy their curiosity. While engaged in a salary search, these individuals may take an interest in relevant job vacancies and MySalarySurvey incorporates features to help recruiters capitalize on this opportunity and convert such users into active candidates. The opportunity to attract and ultimately place these new, passive candidates is at the heart of MySalarySurvey’s offering.

Feedback so far has been very encouraging, with existing clients sighting the exceptional quality of the product and the service provided as well as the cost and time savings achieved – see http://www.mysalarysurvey.com/testimonials.

If you are already operating a salary survey, or considering doing so, perhaps it’s time to get in touch with MySalarySurvey? Discounts are being offered to companies ordering before 31st August 2016. Email [email protected] or call 01302 288 121 for more details.

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Chris is a digital marketing and publishing whizz by trade, having worked alongside the Automotive, Information Security and Software Asset Management sectors.

Specialising in data analysis and social media, he combines an analytical approach with a creative flair to achieve the best results. With a keen interest in Technology and Politics, Chris is constantly on the look-out for the latest stories around change and innovation.

As a lover of all things innovative, he has developed a keen eye for spotting the latest trends and hot topics. He sources and reads the latest news and thought-leadership articles from the world of recruitment before sharing them with the social media population.

 

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