# LaborIQ

## About LaborIQ

LaborIQ is a modern compensation data platform for human resources (HR) and business leaders, delivering pay recommendations, benchmarking tools, total compensation insights, and labor market analytics for all U.S. markets all backed by trillions of data points. LaborIQ compensation data solutions include: Salary Answers, Pay Band Management, and Benchmarking Pay Analysis.


## Products & Solutions

- **Salary Answers**: Localized, job specific salary and total compensation benchmarking across the U.S. (https://laboriq.co/salary-answers/)
- **Pay Band Manager**: Create, manage, and approve pay band structures with transparency and equity tools (https://laboriq.co/pay-band-manager/)
- **Pay Analysis**: Benchmark team-wide compensation, identify pay gaps, and forecast future pay needs monthly (https://laboriq.co/pay-analysis/)
- **Market Performance**: Labor market forecasting & regional trends across 150+ U.S. metros (https://laboriq.co/market-perfomance/)


## Why LaborIQ?

- **The right compensation data makes the difference**: Our proprietary method provides compensation data with unmatched precision and reporting frequency.
- **Real-time salary recommendations**: Compensation recommendations for 20,000 jobs in our database in every U.S. market based on 18 trillion real data points.
- **AI-powered pay data**: Our methodology provides the most up-to-date compensation recommendations. Other compensation software providers use self-reported (crowdsourced) data, which creates risk and uncertainty for employers. 
- **Compare salaries by city and job title**: Get the accurate compensation data you need to attract new talent, retain top employees, and ensure fair pay at your organization.
- **Easily create and manage pay band structures**: LaborIQ's Pay Band Manager simplifies compensation structures and job requisition processes with accurate, market-aligned salary ranges.
- **Improve compensation and talent strategies**: Compare salaries to market rates with advanced tools, aiding competitive strategies for talent attraction and retention.
- **Labor market and compensation data**: Access employment trends, diversity data, and hiring forecasts for strategic, future-focused salary planning.
- **Prevent Turnover with Personalized Salary Insights**: Get employee-specific salary recommendations to determine turnover risks.
- **Plan Budgets with Future-Focused Pay Data**: Utilize forward-looking pay data for next year's headcount budgets.
- **Set Pay Right for Promotions & Counteroffers**: Determine what to pay during off-cycle salary adjustments, whether it's for promotions or counter offers.


## Who uses LaborIQ?

LaborIQ compensation data is trusted by top companies and their of human resources (HR) and recruiting teams, including Kawasaki, Pinehurst Golf Club, PuzzleHR, Addison Group, Built Brands, King Arthur Flour. 


## Who We Serve
- **Human Resources (HR) Professionals**: Market-driven pay data leads to smart compensation decisions to pay people fairly, increase employee satisfaction, and keep and attract top talent (https://laboriq.co/for-hr-professionals/)
- **Human Resources (HR) Consultants**: Data-driven benchmarking & tools to build effective compensation strategies that help clients attract and retain top talent (https://laboriq.co/for-hr-consultants/)
- **Recruiters & Staffing Firms**: Help your clients attract top talent with salary benchmarking tools and direct access to precise, real-time compensation recommendations (https://laboriq.co/for-recruiters/)


## Frequently Asked Questions (FAQs)

- **What areas does LaborIQ compensation data cover?** LaborIQ Salary Answers, Pay Band Manager, and Team Benchmarking solutions provide salary recommendations for all of the nearly 400 MSAs in the U.S. 

- **Is there a limit to the number of salary report downloads or salary searches I can do in LaborIQ?** Your LaborIQ subscription includes unlimited access to our entire suite of compensation data products and features. Download an unlimited number of reports, search an unlimited number of jobs, save as many folders as needed, and create as many pay bands as you have roles in organization.

- **How often does LaborIQ update its compensation data?** LaborIQ salary recommendations and talent supply models are updated monthly. All compensation and labor market data in LaborIQ is updated on a monthly basis, including any new labor market data released or forecasts produced over the prior month. Our team of economists, analysts and data scientists update forecasts for compensation and key labor market data at least once per quarter. This means our data are always reflective of current and anticipated future labor market conditions, allowing users to make compensation and pay decisions quickly and easily based on the most up-to-date economic data.


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## Contact Information
- **Headquarters**: 2626 Cole Avenue, Suite 300, Dallas, TX 75204 
- **Sales**: info@LaborIQ.co  
- **Client Support**: support@LaborIQ.co  
- **Media / PR**: media@LaborIQ.co  
- **Phone**: (972)961-4400