Canaria | Salary Data | US | 25M+ Monthly Job Postings & 2 Year Historical | AI-LLM Enhanced Salary Data

Advanced Processing, Superior Insights Utilizing state-of-the-art AI and large language models (LLMs) validated by human experts, we are dedicated to delivering high-quality, actionable salary and payroll data through innovative technology. Apart from the models included in our standard data offerings, we have developed additional models to provide tailored results to your needs, such as a sentiment analysis model that analyzes salary data to gauge sentiment, helping businesses understand public perception and employee feedback, anomaly detection models, and LLM-based summarization models that condense large chunks of salary data for you. Our Models: • Deduplication Model: Our model first removes exact duplicate records, then uses advanced AI to identify and eliminate near-duplicate job postings across different URLs, achieving approximately a 60% deduplication rate, ensuring unique salary and payroll data. • Title Taxonomy Model: With over 20 million unique job titles in our 500M+ job postings database, salary data analysis can be challenging. Our AI models categorize each job posting into one of 50,000 standardized job titles from our internal normalized title taxonomy, simplifying salary data analysis. • Skill Taxonomy Model: Our in-house AI model identifies key entities in job postings, including hard skills, soft skills, certifications, and qualifications. Unlike keyword-based approaches, our model not only finds relevant keywords but also excludes irrelevant ones, ensuring precise salary and payroll data (e.g., "Hepatitis B" is a skill for nursing jobs but not for accounting jobs). • Job Category Model: Our AI models analyze job descriptions, entities, predicted salary, location, industry, and job title to determine the seniority level of a job, standardizing levels across different companies. Another model identifies if a job is remote, onsite, or hybrid, accounting for discrepancies between job classifications and descriptions (e.g., a job classified as onsite but open to remote), enhancing salary and payroll data accuracy. • Salary Estimation Model: Using company salary history, industry ranges, location, seniority, and public government data, our models predict the salary range for job postings, providing comprehensive salary data. • Government Classification Models: We developed models to classify job postings into Standard Occupation Codes (SOC) by the BLS and to categorize companies into industries based on their job posting information, enriching salary and payroll data. Data Sourcing • Multiple Data Sources: Data is aggregated from top US job boards, including Indeed (approximately 80%), LinkedIn, other leading job posting websites, and company career pages, ensuring high-quality salary and payroll data. • Advanced Web Scraping: Advanced web scraping techniques are utilized to collect job postings hourly. However, enhancing the data with AI-LLM models takes time, so salary data is delivered daily to ensure high-quality results. • Human-Labeled Annotations: AI & LLM models are trained and verified with human-labeled annotations to ensure the highest accuracy in salary and payroll data classification and attribute extraction. • Data Deduplication: Rigorous data deduplication processes are implemented to eliminate redundant job postings, ensuring the uniqueness and quality of the salary and payroll data. • Continuous Data Validation: Salary and payroll data undergo continuous validation processes, including cross-referencing with multiple sources, to maintain accuracy and reliability. • Quality Assurance: A dedicated team is responsible for ongoing quality assurance, ensuring the salary and payroll data remains comprehensive, accurate, and actionable for clients. Core Use-Cases and Industry Applications of Salary and Payroll Data HR Tech: • HR Analytics: Gain insights into industry demands, salary benchmarks, and job market trends to support strategic HR decisions. • HR Strategy: Develop and implement effective HR strategies based on comprehensive salary data. • HR Intelligence: Analyze job market salary data to optimize HR practices and improve talent acquisition. Lead Generation: • Lead Generation: Utilize salary data to identify potential leads and understand the hiring needs of prospective clients. • Account-Based Marketing (ABM): Tailor marketing efforts to specific accounts based on salary data trends. • Lead Data Enrichment: Enhance lead data with detailed salary information. Business Intelligence (BI): • Employment Analytics: Analyze job market trends and employment data to support business decisions. • Competitive Intelligence: Compare salary data trends across different companies and industries to gain competitive insights. • Competitor Insights: Understand competitors' hiring activities and strategies. Market Research: • Market Research: Conduct research on labor market dynamics, employment trends, and skill demand using salary data. • Job Market Pricing: Analyze salary data to establish market pricing for various roles. • Job Pricing: Determine competitive salary ranges for job postings based on comprehensive salary data analysis. Machine Learning (ML) & Natural Language Processing (NLP): • Machine Learning (ML): Develop ML models to predict salary trends and enhance job matching algorithms. • Natural Language Processing (NLP): Utilize NLP techniques to extract and analyze salary data for improved insights. Corporate Development: • Corporate Development: Inform strategic initiatives and business growth plans with detailed salary data. • Hiring: Optimize hiring strategies and identify talent acquisition opportunities using salary data. Job Boards Listings: • Indeed Data: Leverage data from Indeed to gain insights into job market trends and hiring practices. • Job Posting Data: Utilize job postings data to understand industry-specific hiring trends. Integration with Broader Offering • Complementary Data Integration: Salary Data and Title & Skill Taxonomy Data seamlessly integrate with each other and other data products offered by Canaria Inc. This integration provides a comprehensive view of the job market, skill trends, and industry movements. • Enhanced Data Insights: By combining salary data with title & skill taxonomy data, users gain a multi-dimensional perspective on job market dynamics, workforce trends, and required skills. This holistic approach enables more informed decision-making across various business functions. • Scalable Solutions: These data products are part of a scalable suite of solutions catering to businesses of all sizes. Whether for small businesses or large enterprises, clients can leverage these datasets alongside other offerings to support growth and strategic initiatives. • Customizable Data Solutions: Canaria Inc. provides tailored data solutions that can be customized to meet specific business needs. Salary data and title & skill taxonomy data can be enriched with additional data layers, such as demographic information or economic indicators, to deliver targeted insights. • Innovative Technology: Utilizing advanced AI & LLM models verified by human experts, these data products exemplify Canaria Inc.'s commitment to leveraging cutting-edge technology to deliver high-quality, actionable salary and payroll data. This approach ensures reliability and accuracy across all Canaria Inc. data offerings. • Versatile Applications: The integration of salary data with title & skill taxonomy data enhances a wide range of applications, from HR analytics and lead generation to competitive intelligence and market research. This versatility is a hallmark of Canaria Inc.'s broader data offering, designed to provide value across multiple business verticals.