LaborIQ, established in 2018, has been a significant player in the HR Tech software landscape. It is specifically tailored for human resource professionals, offering instant pay suggestions for recruitment and retention purposes.
Currently, LaborIQ is trusted by thousands of users for making informed pay decisions. The software stands out for its precision in providing location-specific (city), industry, experience, and education-based pay recommendations. It allows users to benchmark individuals, teams, and the entire organization, thereby facilitating the setting and reporting of organizational pay equity initiatives.
The unique selling point of LaborIQ is its intelligent pay data.