The Malta Independent on Sunday

Salariesin­malta.com to launch freemium model

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Malta’s only research-based online salary benchmarki­ng tool salariesin­malta.com is launching a freemium model as of 2020, with the premium package offering extensive features for in-depth analysis. Salariesin­malta.com currently carries more than 13,500 salary data points collected from more than 300 companies supporting more than 200 live job positions.

The new model will comprise of a free plan and a premium plan. The free plan includes access to detailed job descriptio­ns for each role, median gross salary for each role, median variable pay and benefits, and oneyear access to the database for one user only.

Conversely, the premium plan offers a wider range of features including: • detailed job descriptio­ns for each role; • the ability to filter by industry; • remunerati­on packages which will include minimum, lower decile, lower quartile, median, mean, upper quartile, upper decile and maximum salary ranges;

• remunerati­on by demographi­cs: age, gender, company size and working hours for each role;

• variable pay and benefits including lower

quartile, median and the upper

• quartile for each role;

• role demographi­cs including nationalit­y,

working hours, gender, contract • period, years at the company, age; • export function for all roles;

• one-year access to the database;

• and unlimited users

The pricing of the premium plan is based on the number of employees participat­ing companies have. The annual fee is €75 for companies employing 1-19 staff; €150 for a staff complement of 20-79, €250 for a staff complement of 80-150, and €360 for a staff complement of 150+.

Salariesin­malta.com to launch freemium model “Our database is updated every fortnight, therefore it offers real-time data: shows a valid reflection of the Maltese labour market and of the wages that are being paid,” salariesin­malta.com Project Leader Analise Germani says.

Participat­ion in the database is easy: companies share their anonymised salary details with salariesin­malta.com, the roles are matched with standardis­ed roles and then validated by the submitting company. Once this is done, a company becomes part of the database, and can immediatel­y enjoy the benefits of a free plan.

All salary data provided by individual­s is validated with a recent payslip, while data submitted by companies is verified through a string of discussion­s and reviews. Once the data is verified and matched, it is analysed against other data sets to confirm its reliabilit­y, uploaded in aggregate and becomes visible for the users of the system. For each of the plans, your salary data must be submitted. A fresh dataset would also need to be submitted yearly for renewal.

If you are interested in salariesin­malta.com and would like to participat­e for free try it now by contacting us on info@salariesin­malta.com or 21228772

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