Innovative sourcing intelligence platform now offers compensation data for passive candidates
CHARLESTON, S.C., (Oct. 25, 2016) - ENGAGE, the sourcing intelligence platform that utilizes predictive analytics to identify potential target candidates and their likely availability, today announced its partnership with PayScale to provide compensation intelligence on passive candidates.
Built for active recruiters, sourcers, and executive search firms, ENGAGE provides access to over 100 million passive candidate profiles, complete with contact information, work history, likelihood to engage in a career change discussion, and now, market salary intelligence.
Compensation expectations is one of the largest misalignments between employers and candidates. By understanding a candidate's market salary range upfront, employers are able to gauge how likely a candidate is to accept an offer the company is prepared to make, thus adding more efficiency to the recruiting process.
"PayScale is always looking for innovative partners who can leverage our market leading compensation insights," said Preston Heffernan, VP of Business Development of PayScale. "This intel will enable ENGAGE customers to make better salary decisions and build more trusting relationships with candidates."
The candidate salary and compensation data, displayed directly on a candidate's profile, reduces the need for compensation analysis teams, long hours of government data combing, and many other sources.
"Predictive compensation data makes this exceptional product even stronger," said Paul Moran, Managing Partner at Allen Austin, a global executive search firm and leadership consulting firm and ENGAGE customer. "The ability to consult our clients before launching any search project with analytic driven compensation data is a tremendous competitive advantage for us."
"We are very excited to be able to offer these new insights to our customers," said Joseph Hanna, Founder and CEO of ENGAGE Talent. "Partnering with PayScale, the world's largest database of rich compensation information, is another step in making ENGAGE truly the most comprehensive passive candidate intelligence platform."