Originally posted by: Nanotech
Salary.com seems to come in awfully high which may or may not be so bad. I remember I pretty accurate one that was more government stats. Let me see if I can't find that for you.
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I've heard people say Salary.com is way high, and I've heard people say they are way low.
For my salary.com job title, Software Engineer II, the salary.com range is almost exactly the same as my company's range for the position.
You need to remember though that when salary.com gives you a number for a position in a certain location, they do NOT actually gather salary data for the specific position in that specific area.
The way they come up with their numbers is that they do surveys and get a national average for a particular position. When you enter a certain geographic area, they adjust that national average number based on what the average difference in pay is for that area.
So it really doesn't take supply and demand into account at all.
For instance, during the dot com boom, the average pay of workers in silicon valley might have been 20% higher than the national average. So salary.com might have shown the wage for a software engineer in silicon valley as 20% higher. But in reality, software engineers in silicon valley might have actually made 50% more than those living in other areas.