LaborIQ

RATING:

4.9

(11)

About LaborIQ

LaborIQ is a compensation and labor market analytics software providing answers to today’s compensation, employee retention, and job market forecasts. Designed for HR Teams with 100-1,000 employees, LaborIQ is the most up-to-date salary answers available in the market Never worry about small sample sizes or manually aging survey data ever again.

LaborIQ Pricing

Free trial: 

Not Available

Free version: 

Not Available

LaborIQ dashboard
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LaborIQ Reviews

Overall Rating

4.9

Ratings Breakdown

Secondary Ratings

Ease-of-use

5

Customer Support

5

Value for money

4.5

Functionality

4.5

Most Helpful Reviews for LaborIQ

1 - 5 of 11 Reviews

User Profile

Krystal

Verified reviewer

Human Resources, 2-10 employees

Used monthly for less than 6 months

Review Source: Capterra
This reviewer was invited by us to submit an honest review and offered a nominal incentive as a thank you.

OVERALL RATING:

5

EASE OF USE

5

CUSTOMER SUPPORT

5

FUNCTIONALITY

5

Reviewed October 2020

Just what we needed

The customer service and follow up has been exceptional. As a small company, many of our service providers don't like to bother with us. LaborIQ has been quick to answer all my questions and has followed up independently to ensure my team and have what we need.

PROS

LaborIQ gave us a cost effective solution to helping our clients negotiate salaries.

CONS

We've run across a couple of jobs that we haven't found in the software, but LaborIQ has been so responsive in adding them that this is hardly a "con"

Shelly

Staffing and Recruiting, 11-50 employees

Used daily for less than 6 months

Review Source: Capterra
This reviewer was invited by us to submit an honest review and offered a nominal incentive as a thank you.

OVERALL RATING:

5

EASE OF USE

5

VALUE FOR MONEY

5

CUSTOMER SUPPORT

5

FUNCTIONALITY

4

Reviewed October 2020

LaborIQ has great insights

PROS

The market reports and Salary Answers are very helpful to our clients. We work with all different industries so the additional feature narrowing down by industry has been very helpful.

CONS

There could be better hard skills available. Some job titles are missing but the team has helped me narrow things down when needed

Reason for choosing LaborIQ

Price was better and I still believe it has the same information and is very user friendly. There are some glitches but it's a new product so I expect it to get even better over time.

LaTrese

Retail, 51-200 employees

Used weekly for less than 6 months

Review Source: Capterra
This reviewer was invited by us to submit an honest review and offered a nominal incentive as a thank you.

OVERALL RATING:

4

EASE OF USE

4

VALUE FOR MONEY

4

CUSTOMER SUPPORT

5

FUNCTIONALITY

3

Reviewed October 2020

Life Saver

We were in dire need of salary answers that were accurate and reliable. This application has been a lifesaver for our company because now we can get those answers and more, (e.g. supply & demand, future salary forecasting, and benchmarking). We have the upmost confidence in the recommended salary ranges because the reports can be drilled down to our company size, industry, and revenue. We never have to worry about being competitive within our market again!

PROS

Ease of use, Benchmarking Tool, and Accuracy

CONS

Not able to edit a saved report without starting over No app integration

Reason for choosing LaborIQ

The onboarding option and needs for our company.

Susan

Public Relations and Communications, 11-50 employees

Used daily for less than 12 months

Review Source: Capterra
This review was submitted organically. No incentive was offered

OVERALL RATING:

5

EASE OF USE

5

VALUE FOR MONEY

5

CUSTOMER SUPPORT

5

FUNCTIONALITY

5

Reviewed August 2021

The most accurate compensation data available

I am able to competitively pay people in geographies (I have five offices and don't want to under pay staff) and risk losing people in this critical period of growth.

PROS

I can quickly find compensation data for any title in any geo for my company (based on size, based on office location, and based on my industry). It was the first data I felt really reflected reality!

CONS

They use government SAIC codes and titles and they may need to offer some "similar job titles" for people.

Reason for choosing LaborIQ

They were the most responsive, and were the only solution that was based on verified data.

Reasons for switching to LaborIQ

There was too much manual labor involved to make it work

Oluwatobiloba

Consumer Services, 51-200 employees

Used daily for less than 12 months

Review Source: Capterra
This reviewer was invited by us to submit an honest review and offered a nominal incentive as a thank you.

OVERALL RATING:

5

EASE OF USE

5

VALUE FOR MONEY

5

CUSTOMER SUPPORT

5

FUNCTIONALITY

5

Reviewed January 2023

LaborIQ is the ultimate solution

My experience so far is soft and smooth. It helped to determine right salary for workers amidst the competition and the labour market analytics.

PROS

It help my organization to determine right salary answers according to the labour market. It also help in attracting and retaining skillful workers with solid salary structure.

CONS

LaborIQ so far is good. I look for to integration of the software