How Curioz works

With year-end evaluations in full swing, many organizations face the challenge of recalibrating compensation packages while providing employees with performance reviews. The task is necessary but often challenging. How do you ensure your compensation decisions are informed and fair?

While a plethora of salary reports exist online—from job boards to recruitment agency surveys and user-generated platforms—they often leave room for improvement. Reports may provide some insights, but their quality varies, and they frequently fail to meet the demands of today’s dynamic job market. More often than not, organizations are left wishing for more detail, reliability, and real-time relevance.

Common Challenges in Existing Salary Reports

Through our experience, we’ve encountered several limitations in the current landscape of salary reports:

• Skewed or Insufficient Data Samples: Many reports draw from limited datasets. For example, an HR firm working predominantly with large corporations may not reflect trends in startups or smaller companies. Similarly, niche industry trends might be overlooked in reports derived from generalist job boards.
• Misleading Data Contexts: Salary ranges in job advertisements are often intended to attract candidates but don’t always reflect final compensation. Signed contracts might consistently fall at the lower end or below the advertised range.
• Outdated Information: The job market evolves rapidly. Reports based on data from six months ago might no longer be relevant in a fast-moving or cooling market.
• Unverified User-Generated Data: While some (US) platforms validate entries with payslips, many accept unverified submissions, leading to potential inaccuracies in reported salaries, experience levels, and roles.
• Lack of Nuance in Skill Premiums: Job titles alone don’t capture the full picture. For instance, a Backend Developer in Java might command a different salary than one focusing on Python or .NET. Seniority to a lesser extent, but surely specializations and skills are often overlooked, while they do impact compensation.

The Curioz Approach: A Holistic Solution

At Curioz, we believe that relevant salary insights must combine multiple data sources to achieve real-time accuracy. Our approach ensures reliability by integrating:

• Company Payroll Data: Reflects established pay structures, providing insights into the salaries of employees who have been in their roles for extended periods.
• Signed Contracts: Anonymized and GDPR-compliant contributions from HR agencies and business partners offer a direct view of agreed compensation trends.
• Market Research on Current Trends: Analyzes job postings and new hire offers to benchmark up-to-date salary standards.

This combination ensures that Curioz captures both the immediate dynamics of the market and the long-term realities of workplace pay. We provide a complete, nuanced picture that empowers organizations to make informed decisions and will improve transparency for employees.

Why Curioz Is the Right Choice

By addressing the gaps in existing salary reports, Curioz delivers the comprehensive, reliable, and real-time data you need for effective compensation planning. Whether you’re benchmarking salaries, identifying skill premiums, or staying ahead of market shifts, our platform equips you with actionable insights tailored to your needs.

Ready to elevate your compensation strategy? Visit us at Curioz.io to explore how we can help you navigate the complexities of salary data with confidence.