Paysa Expands and Empowers Workers to Maximize Their Salaries Across 65 Million Professional Jobs in Healthcare, Financial Services, Real Estate, Marketing, and Other Industries

PALO ALTO, Calif., Sept. 07, 2017 -- Paysa, whose goal is to empower employees with the personalized information they need to make the most of their career and maximize their salaries, has expanded beyond the technology sector today to now help all professional employees in the US - including those in healthcare, financial services, construction, real estate, education, marketing and advertising, and technology.

Aiming to democratize and distribute data to empower all workers, Paysa’s newly expanded platform uses artificial intelligence to deliver personalized career and job recommendations, so workers truly know what they are worth in the market and how they can maximize their earning potential. Using data and resources available from Paysa, including company and salary ranking, raise negotiation, offer evaluation and job search tools, an employee can plan their next career move and negotiate their best offer, whether they are pursuing a new job, or a raise or promotion from their current employer.

Since its founding in 2016, Paysa has helped increase tech and engineering salaries by more than $100 million. This year, more than 40 percent of Paysa’s users have negotiated a new job offer to increase their total compensation by more than $60,000. And nearly 20 percent of Paysa users have been able to negotiate a raise that was approximately $15,000 or more.  Additionally, more than 1,000 Paysa users have been able to find a new job using Paysa’s Job Match.

To help employees gain the insights they need to know what the next step in their career should be, Paysa quickly delivers answers to challenging questions such as:

• Should I look for another job?
• Am I being paid fairly?
• When will I get promoted?
• Is the offer that I just received a fair one?
• What other job opportunities are out there for me?
• Is this a good company to work for?
• Should I ask for a raise?

Paysa also helps employers save time and money as well as the aggravation involved in losing an ideal candidate to another company. They can stay competitive, using Paysa to ensure offers they extend to prospective-employees match or are above their true market value.  Furthermore, Paysa helps companies connect with potential employees who are ready to make a job change.

“For decades, it’s been nearly impossible to know if you are getting paid equitably,” said Chris Bolte, co-founder and CEO of Paysa. “You used to rely on what you heard around the water cooler if you were hoping to find out how your pay stacked up to that of the person in the cubicle next to you who was doing the same job as you and had the same level of education and experience. There was never any data or proof to back it up. Paysa is changing all that, creating an even playing field by supporting the employee to have those tough salary conversations, be their own advocate, negotiate intelligently and secure a better deal for themselves and their families.”

“When I was negotiating my next job, I used the average salary data from similar companies to make my case stronger,” said a digital analytics consultant in Vancouver, B.C., Canada. “I was initially given an analyst title but after understanding the market data, I successfully negotiated for a consultant title, resulting in a 21 percent raise from $77k to $93k.”

“The quality of a company’s talent and the rate at which people are migrating to or away from a company are important indicators of the company’s future performance and market success,” added Bolte. “Paysa pinpoints these trends for workers, so they are fully aware of the risks and rewards of staying with their current company or joining a new one.”

“Paysa helped me to see I was leaving a lot of money on the table in my current position,” said a senior software engineer for Altiscale. “I then decided to look for another job and used Paysa’s Offer Evaluation Tool to evaluate multiple job offers from Palo Alto Networks, Box, SAP, Brain, and Guidewire. Deciding to take the offer from Palo Alto Networks, I increased my current salary by $130,000 to $297K, which was almost exactly what Paysa said I was worth at the beginning of my journey. I almost doubled my previous salary.”

About Paysa
Paysa offers personalized career and hiring recommendations plus real-world salary insights for maximizing opportunity, earning potential and value at all stages of an individual’s career. Using proprietary artificial intelligence technology and machine learning algorithms, Paysa analyzes millions of data points including jobs, resumes and compensation information, providing professionals with actionable tools, insights, and research. They can then see and understand their individual worth in the market today, and how to increase their value. Paysa also empowers enterprises with the knowledge they need to be competitive in today’s fierce tech hiring market. Employers can learn which skills, real-world company experience, and educational background offer the greatest predictor of a candidate’s or employee’s future success at their organization.

Media Contact
Andrea Corry for Paysa
TopMind PR
[email protected]
(925) 640-5482