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18 LaborIQ Reviews

4.5 out of 5
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18 LaborIQ Reviews
4.5 out of 5
18 LaborIQ Reviews
4.5 out of 5

LaborIQ Pros and Cons

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Pros and Cons are compiled from review feedback and grouped into themes to provide an easy-to-understand summary of user reviews.
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Overall Review Sentiment for LaborIQQuestion

Time to Implement
<1 day
>12 months
Return on Investment
<6 months
48+ months
Ease of Setup
0 (Difficult)
10 (Easy)
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Nicole S.
NS
Senior Director of Recruiting Operations
Small-Business(50 or fewer emp.)
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Verified Current User
Review source: G2 invite on behalf of seller
Incentivized Review
(Original )Information
What do you like best about LaborIQ?

I like that LaborIQ uses up-to-date labor market data, which means the salary information it provides is not only current but also reflects real-time market trends. This is important as a recruiter so I can guide my clients with salary ranges that are competitive and fair. LaborIQ also allows me to bridge the gap between client expectations and market realities. It serves as a convincing, data-driven way to inform and educate my clients. I love that I have the ability to input specfic data about a company, like it's size and revenue, which allows the tool to generate a more tailored salary recommendation. Review collected by and hosted on G2.com.

What do you dislike about LaborIQ?

I don't dislike anything about LaborIQ, but when I have a suggestion to make the tool better the team is always open to listening to me and they ususally find a way to implement my suggestion. Review collected by and hosted on G2.com.

Response from The Team of LaborIQ

Wow, Nicole, we all cheered here @LaborIQ, when your review was shared ..."allows me to bridge the gap between client expectations and market realities". Our mission has been to provide comprehensive and detailed current-market compensation requirements, and thrilled it's making a positive impact! Please keep the feedback coming as new features launch, and we'll work hard to exceed expectations! Many thanks!

Erin M.
EM
GLOBAL MANAGING PARTNER - HR CONSULTANT (Strategic Talent Acquisition & Human Resource Support)
Mid-Market(51-1000 emp.)
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Validated Reviewer
Review source: G2 invite on behalf of seller
Incentivized Review
What do you like best about LaborIQ?

I was very impressed by the depth and quality of LaborIQ's data. The comprehensive and up-to-date information in the reports gave me a clear and precise understanding of the current salary landscape across various industries. These reports are not just data but also include easy-to-read guides on salary recommendations based on geographic location, experience level, organization, job specifications, and availability of talent within the market.

The company's platform is not only user-friendly, but it also allows for in-depth customization of the data. This feature was particularly useful as it enabled me to extract insights tailored to our specific needs. The platform's intuitive design and easy navigation made the process of analyzing and comparing data based on different parameters a breeze, providing a comprehensive view of the entire salary landscape.

The information I gained from their salary surveys is truly invaluable. It consistently plays a crucial role in guiding our decision-making processes related to compensation and overall workforce planning. I highly recommend this company to anyone seeking reliable, thorough, and insightful salary survey services. Review collected by and hosted on G2.com.

What do you dislike about LaborIQ?

At times, the specific job title I require may not be available in their system. Nonetheless, I appreciate their willingness to promptly incorporate any needed job title into their system to accommodate my needs. Review collected by and hosted on G2.com.

Response from The Team of LaborIQ

Thank you, Erin. The LaborIQ team values your feedback and experience on the platform. We are thrilled that you're enjoying your pay benchmarking/salary answers experience!

Graciela A. C.
GC
Mid-Atlantic Sales Enablement Administrator
Enterprise(> 1000 emp.)
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Verified Current User
Review source: G2 invite on behalf of seller
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What do you like best about LaborIQ?

The salary feature in Labor IQ is the most helpful tool in my toolbox; I use it almost every day! It's lays out everything beautifully and really helps our clients understand what is going on in the market. The graphs, bullet points, and customizable logo give it a very detailed and personalized touch, which is always nice when doing sales. Review collected by and hosted on G2.com.

What do you dislike about LaborIQ?

I wish the industry/job title search was easier to navigate, but it's still the best platform out there! Plus, the LaborIQ team has great customer service and is always loooking from feedback from its users. Review collected by and hosted on G2.com.

Response from The Team of LaborIQ

We love that your business and workflows benefit from LaborIQ compensation software, Graciela A.C.! Thank you for this great review and feedback, and a focus area to concentrate on (industry nav). We've added this to our product team's UI/UX study! LaborIQ's new custom job title feature launched last night (now live in the product), and you'll see two powerful releases this month. We're back at it today to create more hiring software magic, and we'll keep you informed along the way. Many thanks!

AC
Small-Business(50 or fewer emp.)
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Validated Reviewer
Verified Current User
Review source: G2 invite on behalf of seller
Incentivized Review
What do you like best about LaborIQ?

Not only is LaborIQ easy to use, but the breadth and depth of the coverage the platform offers is beyond anything else available. In addition to being able to search by job title, location, education level and years of experience, you can also specify company size (in revenue and headcount) and the industry (based on NAICS code). But what really rakes LaborIQ to the next level is that they validate their recommendations agains nearly 9 million W2s every month to make sure the data remains accurate and moves with the market. Phenomenal! Review collected by and hosted on G2.com.

What do you dislike about LaborIQ?

I honestly can't think of any downsides. For example, if the platform doesn't have your job title already, the super-helpful LaborIQ support team will do the research to add the title to their database. The support I've received from them since becoming a client is terrific! Review collected by and hosted on G2.com.

Response from The Team of LaborIQ

Alex, thank you for your feedback. We're delighted that the LaborIQ platform has become a strategic tool, and that our client support has been terrific for you! We think the next three releases, including Custom Job Title saving, Smart Search, and Smart Compare, see the same enthusiasm! Each new feature was inspired by client feedback.

Verified User in Transportation/Trucking/Railroad
UT
Small-Business(50 or fewer emp.)
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Validated Reviewer
Verified Current User
Review source: G2 invite on behalf of seller
Incentivized Review
What do you like best about LaborIQ?

I liked a number of things:

- salary answer reports are saved, organized and then also further manipulatable as needed.

- Both Sales and Customer Success were extremely helpful and relatable, which was a very different experience from the other company I had a demo with. This was really key for me because I am a realtive newbie, staring up the mountain of "how do I do compensation" and they answered my questions with patience and with their own curiosity when we needed to figure something out together.

- I like how everything has a visual, and not just numbers. There are a few different ways to compare and filter results. Different positions call for different search techniques.

- The tutorial library is pretty big Review collected by and hosted on G2.com.

What do you dislike about LaborIQ?

- I didn't like that some positions weren't there or that the descriptions felt off or bare bones. It made me wonder how new Labor IQ was and I had some doubts, briefly. But they made up for it by finding and researching a new position and met with me about it. Shout out to Amy and team.

- I didn't like that the job comparison feature wasn't available yet. But I saw a sneak peak and it is coming! Review collected by and hosted on G2.com.

Response from The Team of LaborIQ

Welcome to the LaborIQ software community -- we're delighted to have you join! Yes -- the comparison feature launches soon. Also, a new custom job title feature launched this week and ready to leverage for unique company titles or descriptions. Please let us know the job titles you need. We have the deepest library of over 20,000 job titles in the U.S. and a carousel feature (bottom right on the dashboard) that will allow you to rapidly request a new title to be researched and added. As always, your client success partner will be able to help with any/all support needs. Thank you for being a valued client!

Claudia M.
CM
Manager, Sales Enablement Administration
Enterprise(> 1000 emp.)
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Validated Reviewer
Review source: G2 invite on behalf of seller
Incentivized Review
What do you like best about LaborIQ?

There are so many great features about LaborIQ. The first is that it is consistenly updated with new features and requests by the LaborIQ team. They are always looking to improve the system where needed. It's also an incredibly user-friendly tool. I train employees on how to use LaborIQ and they always understand it very quickly because of how intuitive the layout is. LaborIQ compensation reports are extremely relevant to our clients and has helped our company increase revenue via salary data. LaborIQ also helps our candidates get a higher compensation rate, so it's a win-win for everyone! I also find the employment conditions report to be incredibly detailed and useful. Review collected by and hosted on G2.com.

What do you dislike about LaborIQ?

The only downside to LaborIQ is that some of the data is tied to BLS and therefore cannot be adjusted. (i.e. The BLS combines Health and Education Services under the same industry in the empoloyment conditions report, and therefore cannot be separated in LaborIQ). Review collected by and hosted on G2.com.

Response from The Team of LaborIQ

Terrific review and feedback, Claudia M. Thank you! You nailed it regarding LaborIQ's ease of use and delighted it's intuitive for your team! And, no compensation data is updated and validated more frequently than LaborIQ. It's clear you are a power user regarding your point about subsector data from BLS (over 30 years of employer surveying). This data is provided through our tracking and forecasting at the subsector level in our Market Performance section of the platform and informs industry growth and recovery forecasting -- which directly ties to hiring forecasts by subsector and metro. Worth noting for other users is that this feature is specific to the Market Analysis/Market Performance area of LaborIQ, not Salary Answers. Within Salary Answers, there are 1600 industries, including many in healthcare and education -- separated. When creating a report in SA, reference the list of all industry codes, including Healthcare, Education, Software Publishers, Construction industries, etc., and select. This allows you to drill into the data at the most granular level. Great power-user feedback!

Magee-Lee P.
MP
Lead Sales Enablement Administrator
Enterprise(> 1000 emp.)
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Validated Reviewer
Verified Current User
Review source: G2 invite on behalf of seller
Incentivized Review
What do you like best about LaborIQ?

It's incredibly easy to use. Your Customer Service is unmatched and you make us feel heard as a client. Also, you make my job easier as I'm able to reference your market updates and additional posts. Review collected by and hosted on G2.com.

What do you dislike about LaborIQ?

The only dislike is, I wish I could download report variations quicker. IE the client wants to see an HR Manager with a Degree and without with 3-5 years of experience I have to download 4 reports one at a time. Wish this could be more effecient. Review collected by and hosted on G2.com.

Response from The Team of LaborIQ

The Team here at LaborIQ was tickled to read your review, Magee-Lee P! Thank you! We're working hard to make LaborIQ the smartest hiring tool, and provide confident compensation answers to win and retain talent! Our Client Success, Product, Sales, Data and Engineering teams all read your great review and feedback. And, we're excited to share that we're tooling up new resources, so stay tuned! Platform updates will be announced in order of the release schedule in the "Did you know" carousel, and we'll call on your team for a preview to ensure we nailed it!

Verified User in Consulting
AC
Small-Business(50 or fewer emp.)
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Validated Reviewer
Verified Current User
Review source: G2 invite on behalf of seller
Incentivized Review
What do you like best about LaborIQ?

The platform is aesthetically pleasing . Review collected by and hosted on G2.com.

What do you dislike about LaborIQ?

In general LaborIQ is not as what it was sold the sales process prested the system to be a lot more robsut than it is. We were told that they would add jobs if they were not in thier database, then when we asked for that we were told that is not an option. Data is not relaiable and no explanation can be given when we question it. An example would be that a position will show the same salary for 5 years with a bachelors verse 10 years with a masters and that is not realistic or it will show no change in salary when you compare a small company verse a very large company. Ourt contact changed and we were never made aware of the change we had to reach out and ask who our contact was after the old contact was no longer reachable. Review collected by and hosted on G2.com.

Response from The Team of LaborIQ

Valuable feedback, thank you. Please allow us to perhaps clear up and solve some application/use confusion. Please note that we absolutely add jobs if they are not available in our database. The database is a national repository of over 20,000 job titles and back by the most robust representative data set in software. We use research and data scientists to ensure that a job title request is not a "only unique to one company" request, to be placed in the system. While that level of uniqueness would be valuable to one user, there is no validation method used to compare and ensure accuracy for a total blend of unique skills, responsibilities and naming conventions. Accuracy is our hallmark. Regarding data explanations, we can connect you directly with our head of data analytics or our head of labor economics. We make this resource available to any client who requests a deeper dive. Our data science method is backed by time series and forecasts, labor migration, wage fluctuation and economic impacts and the most consistent salary survey method used in compensation. There is no data more timely and transparent. Lastly, please know we do everything in our power to partner with our clients, and inform them when a change occurs in personnel. That will happen from time to time. We work hard to exceed expectations, and sorry that we missed the mark with your recent experience. I'm certain we can help with increased data quality exposure and personalized training insights from our Client Success team. Please reach out Support@LaborIQ.co. Our head of Client Success is waiting to connect with you directly.

M. Angelica  C.
MC
Regional Sales Growth Partner
Enterprise(> 1000 emp.)
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Validated Reviewer
Verified Current User
Review source: G2 invite on behalf of seller
Incentivized Review
What do you like best about LaborIQ?

Salary Answers is so helpful to understand the current most competitive pay for an array of roles and getting to specify by industry, employee size and location. A game changer to correctly educate clients on what pay expectations are currently at in the labor market. Review collected by and hosted on G2.com.

What do you dislike about LaborIQ?

I would like to be able to download an array of reports with varying education, or years’ experience. So, the client can see the changes in pay, with differences in requirements for the role. Review collected by and hosted on G2.com.

Response from The Team of LaborIQ

Thank you, M. Angelica C., for your great review and feedback! We're thrilled you value LaborIQ for compensation answers, and equally excited to let you know the compare feature is coming. Our client's feedback helps drive new tools to make everyone's workflows more powerful and efficient. This is a perfect example; we give you a "10" right back!

Kristen G.
KG
Recruiting Manager
Small-Business(50 or fewer emp.)
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Validated Reviewer
Verified Current User
Review source: G2 invite on behalf of seller
Incentivized Review
What do you like best about LaborIQ?

It's easy to implement and user friendly, Their customer service is top notch. They have taken customer feedback and created more features. Review collected by and hosted on G2.com.

What do you dislike about LaborIQ?

I can't really think of anything I dislike about LaborIQ Review collected by and hosted on G2.com.

Response from The Team of LaborIQ

Kristen G., we appreciate you providing a happy user review from your recruiting expertise. We're excited to launch new features in the next two weeks, and look forward to your continued feedback!