What is Know Your Worth?
Know Your Worth by Glassdoor estimates the amount an individual could reasonably expect to earn as base pay in today's active U.S. job market, based on experience and other personal details. To calculate an individual's personalized market value, or "worth," we use proprietary and patent-pending machine learning algorithms that take into account specific work-related attributes and factors relating to each person: current job title, base salary, employer, work location, industry, typical job transitions, years of relevant experience, and current state of the local job market. Individual Know Your Worth market values are recalculated weekly.
As of October 2017, Know Your Worth has the ability to calculate personalized market values for the majority of the U.S. workforce (~77%). The Know Your Worth model currently predicts the market value at an 11.8 percent median margin of error, based on each person’s personal attributes (See more details on accuracy below)
As Glassdoor collects more salary and other relevant data, the Know Your Worth machine learning algorithm gets smarter and the company expects that occupational coverage and accuracy will improve over time. Keep in mind that results do not represent verified salaries, guarantees of actual salaries, or endorsements from employers. The purpose of an estimated market value is to provide data to promote transparency and to help people make more informed decisions. For this reason, Glassdoor does not guarantee the accuracy of results and you are responsible for how you use them. We encourage you to supplement Glassdoor’s salary estimates with other research.