Tools

Search

Explore

Videos Channels Figures

Atmrix

About

Tools

Search

Explore

Videos Channels Figures

Atmrix

About

YC

Y Combinator Cast

06/20/14

@ Y Combinator

Users have reported that Salary Fairy's salary predictions have given them the confidence to ask for higher salaries.

Video

YC

Office Hours at Startup School NY 2014

@ Y Combinator

06/20/14

Related Takeaways

YC

Y Combinator Cast

06/20/14

@ Y Combinator

Salary Fairy helps users understand their market value by crowd-sourcing salary predictions.

YC

Y Combinator Cast

06/20/14

@ Y Combinator

Users return to Salary Fairy either to check their salary predictions or to make new predictions, as they earn scores for better predictions.

YC

Y Combinator Cast

06/20/14

@ Y Combinator

Currently, users primarily use Salary Fairy out of curiosity rather than for salary negotiations.

YC

Y Combinator Cast

06/20/14

@ Y Combinator

As Salary Fairy grows, the goal is to refine predictions by dividing users into more specific categories, such as companies and years of experience.

YC

Y Combinator Cast

06/20/14

@ Y Combinator

To create a more efficient job market, Salary Fairy aims to price salaries accurately, similar to how the stock market operates.

YC

Y Combinator Cast

06/20/14

@ Y Combinator

Salary Fairy has 9,000 users and is experiencing a weekly growth rate of 10%.

YC

Y Combinator Cast

06/20/14

@ Y Combinator

40% of users find their salary predictions fair, while 30% feel their predictions are low and another 30% feel they are high.

YC

Y Combinator Cast

06/20/14

@ Y Combinator

40% of American professionals are concerned they might be underpaid, which is a significant user base for Salary Fairy.

YC

Y Combinator Cast

06/20/14

@ Y Combinator

It's essential for Salary Fairy to differentiate itself from other salary information sites by being significantly better to encourage user referrals.