23/10/2009 by bill.

Are you interested in knowing how much other your colleagues are making without asking them directly or in discovering what your earning potential might be elsewhere?

Well, now here in the UK you can - thanks to a website called JobFact launched in mid September.

JobFact is the brainchild of its founder Julien Recoing who states that the company’s goal is to provide human resources information on two levels - for both employees and companies.

“We started out with the premise that when someone’s looking for a job they want to know more about what the company has to offer, both quantifiably in terms of compensation and non-quantifiably in terms of work environment and business culture. Basically, is it a place you would want to work?” he said.

All the information on the site is received directly and anonymously from employees within companies and is available job by job and company by company.

Adam Greenblatt, head of the UK and Northern Europe explained that “What we ask is that our members provide a balanced view of the company they work for; the positive and negative aspects. This is helpful to both employees and management”. Greenblatt suggests that, “the information our members have access to puts them in a much better position to negotiate remuneration with their current or future employers as well as help them make better career decisions generally.”

The principle is simple but would be impossible were it not for the fact that it is all done anonymously, through the veil of the internet.

Some have suggested that users would not enter their real salary information for the very reason that it is anonymous. Greenblatt responds by saying, “Every user contribution to the community is checked for sense and consistency by the JobFact team and anything that looks strange to our team of experienced experts is rejected. This is intended to maintain a high level of reliability of information”.

As a second limb to the offering on JobFact, Greenblatt described their soon to be released, innovative web recruitment tool. “Our solution is unique”, he said. “It brings together the benefits of the traditional headhunting approach to recruitment with the efficiencies enabled by the newest database management technologies and infrastructures. There is nothing like it in the industry. It’s going to make recruiters lives much easier.”

It’s free to sign up, which is what you’ll be asked to do if you want to have anything more than a very general overview of what others are earning.

And when you register, you’ll need to either reveal your salary or leave an evaluation of the company you work for, or a previous employer.

The site already has 20,000 members in Europe.

Time will tell whether employees really want to know the facts. Growth in JobFact’s membership suggests that they may well do.

moneyjungle.net

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17/02/2009 by bill.

The credit crunch and economic recession have made it much harder to find employment and many professionals, managers and executives are finding themselves unemployed often for the first time in their lives.

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