
The idea behind Glassdoor is simple: You tell me your salary, and I’ll tell you mine. The stealth startup, which raised $3 million from Benchmark Capital last March, just went live. The site collects company reviews and real salaries from employees of large companies and displays them anonymously for all members to see. (The startup plans to make money from ads targeted at job seekers, premium services, and aggregated compensation data it wants to sell to HR professionals). The idea is to collect as much detailed salary information and feedback for every job title at a company so that job seekers can know how to evaluate an offer, and current employees can see how they are doing relative to their peers. “When the annual compensation review comes,” says CEO Robert Hohman, “you need to know what your market value is.” Or you can just live vicariously through others.
http://www.techcrunch.com/2008/06/10/at-glassdoor-find-out-how-much-people-really-make-at-google-microsoft-yahoo-and-everywhere-else/http://www.glassdoor.com/
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