Glassdoor is putting its trove of user-reported salary data to use with a new tool that estimates an employee's "market value."
Called Know Your Worth, the tool relies on a combination of personal information — including location, industry, education level, and years of experience — as well as the local demand for labor. It then spits out an estimated dollar amount workers can reasonably expect to earn at that moment in a given market.
The tool, which is available in beta as of Tuesday night, is powered by several million salary reports and over 4 million job postings, and is supposed to give Glassdoor users a sense of where they stand in comparison to peers with similar levels of experience.
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It also compares this figure to average pay for people in your position, and provides a chart showing how market value for workers of your experience in your location has changed over time.