Don't get underpaid. With the help of Adzuna, a search engine for job ads used by over 6 million visitors per month, you can find out exactly what you should be getting paid!
Adzuna have developed a new tool called ValueMyCV. The tool analyses over 100 different aspects of your CV such as work experience, job titles, academic background and location to determine your market rate. Machine learning technology was used to build a predictive model for the complex relationship between these data points and individual salaries. When a user uploads their profile to ValueMyCV, the set of data points from their CV are processed by the model, which then generates a statistical estimate of their salary alongside suggested jobs, CV improvements and career pathways.
Doug Monro, Co-Founder of Adzuna, said “Personalisation is the future of job search. As well as revealing their market value, we believe that using someone's existing CV is a fabulous way to personalise their career journey."
Recent research shows that 57% of UK employees believe they are owed a pay rise. ValueMyCV will tell them if they’re right or wrong to ask the boss for more cash this January - and support their argument with data.
The ValueMyCV model has been trained using Adzuna’s Jobsworth salary estimate technology as well as tens of thousands of real CVs, and will continue to learn and improve based on usage.
Adzuna.co.uk was founded in 2011 by Andrew Hunter and Doug Monro. We interviewed them a month after they launched their beta site and had just raised £300k, back in 2011. Read the interview here.
