LinkedIn Salary is the new feature on the professional networking platform that was recently acquired by Microsoft for $26.2 billion. The new feature will help professionals get full insights on their potential job worth and salaries around the world. The Salary portal collates data from various industry locations around the world. Combined with your professional profile details like experience, education and skills, the portal will be able to chart a typical salary for different locations around the world.
LinkedIn will gather data from users to enhance the accuracy of their statistics. Actually it seems the networking site started doing that a while ago in preparation for the LinkedIn Salary launch.
With almost 500 million users worldwide, LinkedIn is the ultimate job hunting portal for job seekers around the world. The platform has gained user trust and continues to build its reputation as users build very professional profiles in a bid to get noticed. This alone almost guarantees honesty from users of whom LinkedIn Salary will gather data from. The Microsoft owned site however will not take chances with inaccurate data. Through machine learning tools, LinkedIn are able to detect when you’ve put in an “off” salary figure. To help triangulate things, LinkedIn will also add other data sources to their systems.
LinkedIn Salary Global Launch in 2017
The LinkedIn Salary platform currently holds statistics for The United States, the United Kingdom and Canada. The platform will be launched globally in 2017.
Some of the features on the platform include;
- Job remuneration ratings by industry
- Present and future remuneration statistics
- Top paying locations by country or region
- Educational trends and statistics
- Pay statistics by company size
- Top salaries by company
Zimbabweans, African professional to benefit
Zimbabweans and a host of other African nationals, especially Nigeria are set to massively benefit from this new LinkedIn feature. The two countries are known to export a lot of professionals onto the onto the global job market in massive number. The new platform will aide those seeking moves to the diaspora to consider which regions and countries offer the highest remuneration
Student career planning tool
One of the most difficult things for most local students is plotting a career path. Most students take up ‘popular’ courses without really considering remuneration trends for the particular qualification. The new feature on LinkedIn is a perfect career guidance tool which indicates both skills in demand and expected remunerations by location. Local students need to embrace this new technology and use it to their benefit.