Salary Fairy

Crowdsource your salary prediction

#2 Product of the DayApril 23, 2014

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Hi everyone, I am one of the co-founders at Salary Fairy. Our goal is to inform our users of their market value and help them find better paying jobs if they are underpaid. We launched 5 weeks ago and we currently have over 2,800 users who have made 38,000 salary predictions. Looking forward to your questions and feedback.
@gozdeaksay You have built some really addicting engagement mechanisms in your product, kudos! I want to ask you, what's the optimal way to use this predictive data you are generating?
Congrats on the success so far, @gozdeaksay! Where'd the idea come from?
Thank you @rrhoover! We think that the job market is not efficient as salaries are not discussed openly. This causes information asymmetry and many professionals are underpaid as a result. I was one of them! So we wanted to create a platform where people can learn more about their market value and act upon it if necessary.
@gozdeaksay This is interesting. But, what do I do with this information? I gave it a test run, and the results were about ~20% off of my actual total cash comp. Is that because I make too much money? Or is it because people don't know what a program/product manager makes? The site is really nice looking, and it was fun to make predictions on other peoples.
this is an awesome idea! how do you verify that bad actors cannot pollute the well of good data?