Workhound Launches SalaryTrack to Help Job Seekers Determine Their Value in the Marketplace

Workhound, the UK's online job site, today announced the launch of its SalaryTrack.co.uk salary calculator, which makes use of the Britain's largest database of real-time recruitment offers to provide candidates with the most accurate snapshot of actual current market rates. The product is fully searchable and allows individuals not only to see market conditions, but also to drill down to results that are directly relevant to them. Recruitment advertising represents the largest single source of search marketing spend in the UK (24%) and the SalaryTrack tool further allows Workhound to participate in the market opportunity for real-time salary data.

Workhound is led by Howard Lee, former Head of Internet Operations for TSL Education Ltd., Britain's highest trafficked specialist employment site and previously a division of News International Ltd. At Workhound we are building an open source platform that takes advantage of our extensive data aggregating and collating capabilities, said Lee. SalaryTrack is yet another free product that we offer to assist job seekers and salary negotiators.

We are taking the 'guess work' out of determining what an individual can expect to earn by providing accurate information about what other candidates with similar skills are bringing home. Real-time pricing data on everything from airline tickets to houses is easily available, but is a culture of secrecy that keeps job seekers from knowing their true worth on the open market. SalaryTrack empowers people to see how much their peers are getting paid -- and they can use this information to negotiate for higher salaries.