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About Payscale

Payscale provides online cloud compensation management software. The platform offers software-as-a-service (SaaS) tools and software powered by big data and algorithms that acquire, analyze, and aggregate compensation information. It also offers pay transparency, pay equity, compensation planning, job management, and more services. It serves retail, energy, technology, healthcare, and other industries. The company was founded in 2002 and is based in Seattle, Washington.

Headquarters Location

113 Cherry Street Suite 96140

Seattle, Washington, 98104,

United States


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ESPs containing Payscale

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Enterprise Tech / Enterprise Applications

The compensation management & planning market offers solutions to manage total compensation efficiently while employing optimal reward strategies to attract and retain talent and drive performance towards company goals. These solutions can handle any level of complexity and tailor compensation plans to local or even individual needs. With recent pay transparency legislations getting put into place…

Payscale named as Outperformer among 12 other companies, including Carta, beqom, and

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Expert Collections containing Payscale

Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.

Payscale is included in 1 Expert Collection, including HR Tech.


HR Tech

4,031 items

Payscale Patents

Payscale has filed 4 patents.

The 3 most popular patent topics include:

  • Data management
  • Artificial intelligence
  • Artificial intelligence applications
patents chart

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Related Topics




Social networking services, Recommender systems, Social information processing, Virtual communities, Community websites


Application Date


Grant Date



Related Topics

Social networking services, Recommender systems, Social information processing, Virtual communities, Community websites



Latest Payscale News

Pay transparency cuts turnover risk — except for Gen Z

Jun 5, 2023

Dive Brief: Improvements in a company’s pay transparency policies affect retention prospects differently — with variations depending on worker age and industry — but on average are associated with a 30% decrease in the odds employees will seek to jump ship, according to the findings of a report released Thursday from Payscale, a Seattle, Washington-based compensation data and software firm. More clearly defined practices of how pay is determined and compensation transparency resulted in a 32% drop in the likelihood that millennials (those born between 1982 and 1994) would seek a new job, a 28% drop for Generation X (1965-1981) and a 21% decline for baby boomers (1946-1964) while it increased the odds by 3% that Generation Z (1997-2013) workers would look for another job, according to the findings that were based on data from over 578,000 workers who took an online salary survey between March 2018 and March 2023. “To have a positive impact on retention as well, pay transparency must be combined with compensation strategy and pay communications, and ideally pay equity. This is especially true for younger workers who are more anxious about their pay, less knowledgeable about how pay is determined, and more apt to seek alternative employment if they are not being proactively shown that they are valued,” the report states. Dive Insight: The study results come as new laws requiring companies to disclose salaries when hiring job candidates have been enacted across many states. As of Jan. 1, California and Washington became the latest to require pay ranges to be disclosed with job postings, CFO Dive previously reported . The new regulations and the resulting corporate policies are part of a broader push for pay equity and it is also shifting the balance of power in salary negotiations. Despite the correlation between pay transparency and retention, the report also states that a perception of fair pay policies, the company’s future outlook, and workplace culture have a greater impact on retention. Ruth Thomas, a pay equity strategist at Payscale, also stated in a release that corporate fair and transparent compensation programs entail more than just posting salary ranges when bringing new talent on. “To build transparent pay practices you need a compensation strategy that makes sense for your business, robust internal and external pay equity analysis, committed manager training, and meaningful pay communications with employees,” Thomas stated. “The objective should be for every employee to know their pay is fair and why it’s fair.”

Payscale Frequently Asked Questions (FAQ)

  • When was Payscale founded?

    Payscale was founded in 2002.

  • Where is Payscale's headquarters?

    Payscale's headquarters is located at 113 Cherry Street, Seattle.

  • What is Payscale's latest funding round?

    Payscale's latest funding round is Unattributed VC.

  • How much did Payscale raise?

    Payscale raised a total of $113.59M.

  • Who are the investors of Payscale?

    Investors of Payscale include Insight Partners, Francisco Partners, Warburg Pincus, Mercer, Fluke Venture Partners and 10 more.

  • Who are Payscale's competitors?

    Competitors of Payscale include Comprehensive, Pave, Comparably, Syndio, Opencomp and 10 more.

Compare Payscale to Competitors Logo is a provider of reliable information about employee pay levels and compensation-related best practices, trends and policies for enterprises, small businesses and individuals with Through cloud-based software and extensive domain knowledge, the company helps clients win the war for talent by simplifying the connections between people and pay. The company was founded in 1999 and is based in Waltham, Massachusetts.


Assemble is a compensation management platform for forward-thinking organizations. It helps companies make systematic compensation decisions to attract, motivate, and retain employees while eliminating inequitable pay.

HRsoft Logo

HRsoft is a compensation planning and total rewards software. Its cloud-based SaaS solutions combine breed features with an interface that supports the entire compensation process, helping companies save time and their best employees. The company's products include COMPview, PERFORMview, REWARDview, Low-Code; hyper configurable solutions, and integrations such as compensation management for workday, and compensation management for SAP SuccessFactors. HRsoft was founded in 1996 and is based in Maitland, Florida.

Pequity Logo

Pequity simplifies the complex and time-consuming process of building a competitive, scalable, and equitable compensation program.


Ravio helps companies figure out how much to pay their teams in salary, equity, and benefits. It takes the guesswork out of compensation decision-making with real-time market data and provides a suite of tools to help companies effectively manage and communicate compensation. The company was founded in 2022 and is based in London, England.

Opencomp Logo

OpenComp helps companies make total compensation-planning decisions for their businesses in a fully integrated analytics platform. It gives companies the ability to benchmark employee compensation relative to market and internal bands. It also provides workforce analytics, pay inequity, professional consultation, hiring planning, and more. It was formerly known as FastComp. It was founded in 2020 and is based in Denver, Colorado.

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