6 Best Salary Comparison Tools for 2023
This article is part of a larger series on Hiring.
Before you can set or negotiate an employee’s pay level, you’ll want to compare salaries using compensation data you’ve gathered for similar roles at other companies. The best salary comparison tools provide you access to a wide range of data—from staff wages and bonuses to employee benefits—that cover many job types, skills, and positions across industries and locations. Some are free to use and include both employee- and employer-reported salaries, while others offer paid solutions that provide market pay data sourced from salary benchmarking studies.
We evaluated a variety of solutions and narrowed the list down to our top six recommendations.
- Bureau of Labor Statistics: Best overall salary comparison tool
- Indeed: Best for employee- and employer-reported + job posting data
- PayLab: Best for education and consultants
- ZipRecruiter: Best for easy-to-understand salary research reports
- Payscale: Best compensation scenario builder
- Salary.com: Best unique data filters to view salary data
Only need a quick check? If you are only looking for a “sanity check” on a salary, there are simple, searchable databases that let you filter by job and location. These are usually aimed at job seekers but can provide a good basis for comparison:
Best Salary Comparison Tools Compared
All the salary research tools on our list offer at least some of its services for free. These include access to salary ranges, salary views by job and location, and a search function for a single job by title and location. Reports are also available, wherein most options are downloadable.
Starter Pricing | Salary Data Source | Includes Pay Bonuses | Basic Benefits Information | ||
---|---|---|---|---|---|
Free salary research tools | From employers | Only shows the percentage of survey respondents that offer it | ✓ | ✓ | |
Free salary research tools | From employers and employees | ✕ | ✓ | Limited | |
Free if you participate in its survey; €99 (~$106.93) for one report | From employees | ✓ | ✓ | ✓ | |
Free salary research tools | From employers | ✕ | ✕ | Limited | |
Free for one salary report $100 per report (for two reports) | From employers and employees | ✓ | Available in paid reports | ✓ | |
From employers | ✓ | ✓ | ✓ | ||
Having a competitive compensation package is just one aspect of an effective hiring process. To learn more, check out our articles on how to find the best employees and how to write an effective job description that attracts the top candidates.
Bureau of Labor Statistics: Best Overall Salary Comparison Tool
Pros
- Free access and download of reports
- Large database
- Robust data filters
- Shows different median wages for the same role in various industries
Cons
- No list of high-paying companies for a selected position
- Bonus data unavailable; only lists the percentage of company-respondents that offer it
- Some reports require additional resources to check position and/or industry codes
Pricing
You are free to download the BLS’s wide selection of salary surveys and wage comparison reports. The other providers on our list either don’t offer this option or charge extra for it.
The Bureau of Labor Statistics (BLS) salary survey is the largest of its kind. It’s a highly scientific government-run survey that’s free to download. The data is sourced from quarterly nationwide employer surveys and has the most robust filtering and download capabilities. This helps you account for organizational, regional, and other data variations in compensation. However, the quarterly reports are summaries; the job-specific searchable reports are updated each May.
In our evaluation, the BLS scored high in pricing, comparison tools, and reporting given its free salary research reports, nationwide employer-reported data, and multiple filter options. It was rated poorly in ease of use primarily because of its dated-looking website, which makes it difficult to navigate through wage reports.
Job wage summary from the Bureau of Labor Statistics salary survey (Source: BLS)
Bureau of Labor Statistics Overview
Indeed: Best for Employee- and Employer-reported + Job Posting Data
Pros
- Completely free; no limits
- Shows salary satisfaction percentages and common employee benefits
- Lists highest-paying companies for the position and location selected
Cons
- Only displays base salary; bonuses not included
- Data filters aren’t robust; you have to scroll through its salary comparison page to see pay information based on skills, work experience, location, and company
- Lacks downloadable salary compensation reports
Pricing
While Indeed’s salary comparison tool is free to use, you have to pay for its other solutions like sponsored job listings ($5–$499 a day) and resume searches ($120 or $300 per month). However, posting jobs on its platform comes at no cost.
Indeed is one of the largest job posting sites on the market and offers salary comparison tools that are completely free to use. It has a robust set of data that is a blend of information pulled from past and current job postings on Indeed, including those anonymously reported by employees and employers (the other providers on our list only offer either one or two data sources, not three like Indeed). This makes it easier for you to do competitor analysis and gauge whether or not your pay package is at par with the market.
In our evaluation, Indeed earned perfect marks in pricing, given its free salary research tools. It scored the lowest in reporting because it doesn’t let you download salary comparison reports. Plus, it doesn’t have robust data filters like Payscale, Salary.com, and the BLS do.
Indeed salary comparison tool (Source: Indeed)
Indeed Overview
PayLab: Best for Education and Consultants
Pros
- Over 390,000 salary profiles
- International salaries
- Easy-to-use mobile app
Cons
- Pricing varies by country; in euro
- For free salary comparison, you need to fill out the survey
- Free trial is highly limited
Pricing
PayLab will provide you with a free salary comparison—if you participate in its survey. This is good if you’re only doing a competitive analysis for one of your employees, such as for retention or a pay raise.
Otherwise, the pricing varies by country. For the US, it’s €99 for one report or €990 per year for unlimited access to the reports and software (~$106.93 per report or $1,069.30 per annual subscription at the time of this writing). The provider also offers a seven-day free trial.
If your focus is on salary research for academic or consulting purposes, then check out PayLab’s partnership program. It offers you access to all your country’s data in exchange for participation in its research. PayLab is one of the few on our list of the best salary benchmarking tools that provides salary information for countries outside the US. It offers sample salaries of nearly 700 job positions in over 35 countries in Europe, Africa, and Asia.
In our evaluation, PayLab didn’t score as highly as the top two recommended salary research tools. It took a big hit since its free tool is extremely limited for employers. However, it did very well on comparison tools, reporting, and ease of use, with the second-highest ease of use score after ZipRecruiter and Indeed (both received the same rating in ease of use).
PayLab Overview
ZipRecruiter: Best for Easy-to-Understand Salary Reseach Reports
Pros
- Free and easy to use
- Has an online salary comparison summary that’s simple yet easy to understand
- Salary database covers 35,000 job titles
Cons
- Comparison reports aren’t downloadable
- Bonus and benefits data not available
- Limited data filters; only allows you to view salaries by the hour, week, month, year, and in table format
Pricing
You can use ZipRecruiter’s salary research tool at no cost. For its paid solutions—which include one-click job postings, resume bank access, and unlimited candidate applications—you have to contact the provider to request pricing. Based on the quote we received, its fees start at $16 per job post daily or $299 per month, depending on the type of plan selected.
ZipRecruiter is an online talent marketplace and recruitment solution for posting jobs and finding qualified candidates. It also offers a salary comparison tool that contains compensation information from job listings posted on its site and third-party data sources (like ADP). The results of its salary research are easy to understand, plus it has a short yet helpful summary that explains the average annual pay and pay range for the position selected.
While its ease of use and free-to-use salary comparison tools contributed to its high scores, this provider lost several points in reporting functionalities. This is due mainly to ZipRecruiter’s lack of data filters and non-downloadable salary research reports.
ZipRecruiter’s salary comparison tool (Source: ZipRecruiter)
ZipRecruiter Overview
Payscale: Best for Creating Custom Compensation Scenarios
Pros
- Has a compensation scenario builder
- Wide range of survey and compensation management solutions
- Offers products with robust employee- and employer-reported data
Cons
- Pricing isn’t all transparent
- Differences between Payscale’s products can be difficult to understand
- Can download only one report a year free
Pricing
While you can use its “Price a Job” tool at no cost, this is only for new users, and you can only download one salary report per year. Otherwise, you need to purchase them.
- Two reports: $100 per report
- 10 reports: $62.50 per report
- 20 reports: $49.50 per report
Payscale also offers paid compensation and market analysis products, such as Insight Labs, Benchmark, Payfactors, MarketPay, and compensation surveys. Contact the provider to request a quote for these solutions.
Payscale is an easy-to-use tool that includes robust employee- and employer-reported data (but no job posting data like Indeed). It has a wide range of compensation management and survey tools like Salary.com, although Payscale lets you build your own compensation scenarios in case you need to create new positions or a completely new business. This allows you to get a holistic idea of your staffing costs, more so than the other providers in this guide (although PayLab will let you set up cumulative positions for multiple salaries at once).
It may have a user-friendly comparison tool with reports that are simple and easy to understand, but the plethora of job titles can make it difficult to get the right title comparison. This factor, along with the non-transparent pricing of its paid salary survey solutions and services, hurt its overall score.
Payscale Overview
Salary.com: Best Unique Filters for Viewing Compensation Data
Pros
- Employer-reported salary information with 800 million data points
- Offers a wide range of survey and compensation management solutions
- Multiple data filters; includes unique selections for sorting data based on performance, reporting lines, and number of direct reports
Cons
- Navigating through all its solutions and services can be a bit confusing
- Some products are expensive; can be costly for small businesses especially if you get multiple tools
- Results of online salary calculator can’t be downloaded
Pricing
Salary.com has several free-to-use solutions, like its online salary calculator with unique filters, including HR metrics, benefits survey data, and diversity, equity, and inclusion (DE&I) report that you can download at no cost. It also offers paid products, such as:
- CompAnalyst (compensation software): Custom-priced; we were quoted $5,000–$5,400 per year
- Surveys and data sets: $995–$3,495 per report; but the HR metrics, DE&I report, and national salary budget survey are free to download
Salary.com is one of the oldest sources of salary data on the web—the company was founded in 1999. It has 100% employer-reported survey data purchased from data collectors and even offers a wide range of compensation management and salary survey products. The information is updated monthly and can be filtered in ways unavailable on other sites, such as salary views based on performance and management level.
In our evaluation, this provider earned perfect marks in comparison tools given its robust database and unique filters. However, Salary.com’s pricing hurt its overall rating the most. While it has a free-to-use salary calculator, you have to pay extra if you want to download most of its reports. In addition, the salary calculator has ad placements, which can be intrusive. Note that the other providers on our list don’t have ads.
Salary.com Overview
Tips for Using Salary Comparison Tools
Conducting salary research is a critical part of creating your company’s compensation program. It helps ensure that you’re paying employees at par with market rates, enabling you to attract qualified candidates and improve employee retention as well. Regardless of which salary comparison tool you use, here are a few key things you should do.
Salary ranges for any job title can vary greatly based on a number of factors, such as location, education, years of experience, and industry. For example, an engineer in New York City needs to make more than the same engineer in Iowa to have the same standard of living.
In addition, job titles vary greatly, so consider similar job titles when gathering salary data. Filter by as many variables as you can to get data that closely matches the position you are researching.
Strive to strike the right balance between the exact job match and a number of data points. The closer you can match a comparison profile with your job profile, the more relevant the comparison data is. However, as you add constraints like experience or region, you’ll reduce the size of your dataset. Reduce it too much, and you won’t have a large enough data set for a reliable comparison.
Because you want to create a competitive salary package, you should not focus on a single number. Calculate a comparison range and a compa ratio (short for comparison ratio), which compares the salary you are paying your employees versus the market midpoint for similar positions at other companies. Decide where on the scale you should fall to be competitive, considering your employer brand and other things you offer your employees, such as benefits, flexible scheduling, and bonus payouts.
How We Chose the Best Salary Comparison Tools
We looked at several salary comparison tools, comparing each solution’s data sources and the types of pay information supplied. We also considered other features like downloadable reports, the amount of data available, and ease of use. And while most have free salary research tools, we checked whether it offers a paid version that’s affordably priced.
Click through the tabs below for a more detailed breakdown of our evaluation criteria.
25% of Overall Score
40% of Overall Score
20% of Overall Score
Salary comparison reports should be downloadable and easy to understand.
15% of Overall Score
We gave more points to tools with intuitive interfaces and considered whether users will need to spend a lot of time learning how to navigate through their features. We also checked if the tools have a mobile-friendly platform and offer help options such as online manuals, video tutorials, and live support.
Frequently Asked Questions (FAQs)
Compensation benchmarking tools let you compare salaries for specific roles and provide access to market salary data to help you develop a competitive package for your company. You can also use these tools to check emerging trends on employee benefits, bonus payouts, pay increases, and more.
By utilizing salary comparison tools, you can check whether your company’s compensation package is on a par with the market and complies with applicable labor regulations. If you use the data from these tools in creating or updating your company’s pay practices, it can help improve employee retention, optimize talent acquisition, and identify or correct pay disparities.
There are many factors that may influence salary. These include the role itself, the skills and competencies needed to perform the job, and the industry your business belongs to. Education level and the years of work experience required for the position are also important factors, including labor regulations affecting pay and the cost of living in the location where your business operates.
Bottom Line
Regardless of your company size and the type of business you have, you should be using salary comparison tools to determine whether or not your salary package is on par with the market. Having access to up-to-date salary data also helps you create compensation strategies for attracting new hires and retaining current employees. Some even provide insights on HR best practices such as for hiring qualified candidates, onboarding new hires, and more.
We found that the BLS offers the best value for money. It’s free to use with a rich data set that comes from nationwide surveys run by the government. The salary ranges for positions, multiple filters, and different data points included (like salary quartiles, pay by years of work experience, and extensive industry coverage) are also super helpful. You can even download its reports and charts in various file formats—all at no cost.
Get started with the BLS’s salary research tools today.