Use Cases

Recognize trends and disruptions before they occur

Business & Economic Forecasting

Give your analytics an edge

Stay ahead of market events and quickly identify opportunities and risks. Access to unmatched labor market intelligence (LMI) data that allows you to forecast trends and market disruption before the competition. Turn data into dollars with access to over a million global micro and macroeconomic indicators.

  • Financial outlook
  • Investment analysis
  • Sentiment analysis
  • Competitive analysis
  • Economic impact studies
  • State and regional trends
  • Site selection
  • Historic variations
  • Capability benchmarking
  • Risk evaluations
  • Market disturbance and volatility

Benchmarking data to help you

Predict the Future of Pay

Keep up with the competition in a changing market 

Compensation is a major factor in talent acquisition. To stay competitive and make the most educated decisions, you need real-time data. Traditional salary surveys and lagged data simply can’t cope with a hyper-competitive labor market. Our comprehensive data platform gives you the power to track exacting compensation analytics without the tedium of mining data on your own.

  • Align pay with market demand
  • Negotiate counter-offers
  • Gather ZIP-level benchmarking
  • Perform compensation cost analysis and review
  • Compare benefits offerings
  • Salaries (full-time vs. part-time)
  • Pay equity monitoring (gender, ethnicity, age, tenure, etc.)
  • Compliance monitoring
  • Compensation review (across salary bands, job roles, etc.)

Talent Recruiting

According to a CEB Analytics study, solid HR analytics can improve talent outcomes by 12%. If “out of the box” software isn’t getting the job done, then it’s time to build a better mousetrap. Tap into the world’s largest labor market data set and get the insights you need to compete in today’s global hiring market.

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Over 5.9 million hiring organizations

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Over 600 million individual work histories

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Over 15 million new jobs each month

  • Hiring and pay behaviors
  • Competition comparisons
  • Job market trends and disturbance
  • Candidate supply and demand
  • Find talent by category (job title, skills, and more)
  • Compare time-to-fill, time-to-hire, and offer acceptance
  • Cost per-hire comparisons
  • Workforce growth strategy
  • Regional and local market analysis
  • Assess diversity
  • Identify high turnover areas

Workforce Analytics

Next-generation labor market data is becoming a must-have for savvy workforce analytics teams. Most workforce analytics efforts rely heavily on internal employee data, while external market data is limited to government census and survey-based data sources.  Modern developments have created an opportunity for novel and comprehensive external market datasets that significanly increase market insights and improve the value of your Workforce Analytics capabililies. 

The WageScape data platform is the largest and fastest source of real-time labor market data. WageScape clients are using our high-definition data platform to take their workforce analytics efforts to the next level.  Some of the impacts include:

  • Emerging skills trends, including the impact of high-demand skills on talent availability and compensation
  • Competitive analysis – in-depth analysis of competitors’ talent practices
  • Location analysis – including highly localized talent supply/demand, employee equity factors, environmental considerations that can impact recruiting and turnover, and localized rewards practices
  • Talent flow analysis – where talent is going to when it leaves a company, and where competitors are getting their talent from
  • Rewards trend analysis, including adoption of new non-pay rewards components