Recruitment app MeetFrank has acquired salary data startup Compensation.app. In contrast to outdated survey-based models, the innovative platform integrates directly into the company’s HR systems and generates statistics anonymously and in real-time.
Since 2017, MeetFrank has been connecting skilled talents with quality recruiters. Throughout the operation, clients have always asked the big question:
What are the current salary trends?
Compensation.app gives answers. The income data is updated in real-time as the information comes directly from the HR systems and HRIS (Human Resources Information Systems) of participating companies. Ensuring complete anonymity, the data can be filtered according to preferences: job position, industry, company size, etc.
Top companies and influential startups have already joined the Compensation.app by MeetFrank. The service helps to comply with the salary reporting obligations set by the European Union Council for companies with 100+ employees. The automated solution offered by MeetFrank’s Compensation.app dramatically reduces the workload spent on reporting.
Kaarel Holm, CEO, and co-founder:
MeetFrank has provided valuable job market information to thousands of B2B clients to help them to attract top talent. Transparent salary information has always been the basis of our mission – and we’re taking a huge leap forward. Instead of static and outdated PDFs, we offer real-time salary data that is actually useful.“
❔❔How does it work ❔❔
♺ Share data, get statistics for free – ensuring complete anonymity, the data cannot be traced back to the company.
🤝 The service helps to comply with the salary reporting obligations set by the European Union Council for companies with 100+ employees.
In 2017 MeetFrank was founded in Estonia and delivers a recruiting service for record fast direct hires. The tech-enabled candidate experience is supported by a mobile app. The unique talentpool is verified and with high intent – actually happy to hear from you. MeetFrank is more effective than a job board and cheaper than a recruitment agency. Compensation.app was founded by Georg Vooglaid, Uku Markus Tammet & Marten Jaago