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OysterLink’s Salary Estimate Methodology

OysterLink’s Salary Estimate Methodology

Published: 05/20/2024

For the salary estimates, OysterLink starts with collecting data from publicly available sources such as the U.S. Bureau of Labor Statistics (BLS) and state-specific government sites.

For positions that are not available on BLS, we refer to sources like Glassdoor, Indeed, Salary.com, ZipRecruiter and Talent.com to calculate the averages.

Finally, the team calculates an average of these inputs to produce an estimated salary for the particular job posting, location and/or job title.

Where Do We Get the Data From:

  • Government-published sources of salary data – may include BLS, city and state-specific sources such as dol.ny.gov, dir.ca.gov, etc.
  • Monitoring salary information that companies such as Glassdoor, Indeed, Salary.com, ZipRecruiter and Talent.com publish online.

 

Frequently Asked Questions

Both employees and employers can benefit from knowing the average salaries across different U.S. regions.

  • Employees: As an employee, you can use our salary data as leverage for negotiating your pay when applying for different positions in the hospitality industry.
  • Employers: As an employer, you can benefit from knowing the average salary offered for a position you plan to advertise and use it to set a fair and competitive pay range.

We at OysterLink pride ourselves on transparency. We are open about all our sources and methods and we encourage anyone to use our data however they see fit.