JSI- The People and the Company
The JSI Team- we're data people. A group of like minded people who are really excited about labor economics, data and broadly distributing labor market information via the Internet. We love the fact that we can put valuable information in the hands of a 19 year old student and a Fortune 100 company, in the same second
When we started JSI in 2007, we all agreed that, "Data should proliferate." No walled gardens or false barriers. Just produce great data and make it easily accessible. Now we deliver millions of analyses to job seekers, students, employers and consultants each year.
In 2009, after doing a couple of licensing agreements with high profile organizations, we started to think, "We may end up as THE data shop for a lot of organizations and businesses." Now, with licensees and resellers in academia, career planning, HR, comp consulting, staffing industry, IT and engineering- dozens of organizations have concluded that licensing and then reselling data from JSI is easy, practical and very cost effective. It’s just a good business decision.
When it comes to compensation benchmarking, a lot of businesses trust our salary data for market pricing their staffs- over 4,000 businesses as of October 2013, in fact. We view the integrity of our data as the single greatest responsibility we have as a Company.
The JSI data shop- we specialize in salary data, quantitative analysis of compensable factors, and labor market analytics. We are at the forefront of educational attainment and how it translates into career outcomes.
A few words about our data development methods-
we have invented a portfolio of patent pending statistical techniques which enable us to generate statistically significant data sets, and deliver these data instantly to our user base.
Our data are retrieved from establishment surveys which represent over 400,000 U. S. businesses.
The data are derived from over 50 different resources within a wide range of government agencies and educational institutions. These resources include and are not limited to: U. S. Department of Labor, U. S. Bureau of Labor Statistics, National Center for Education Statistics, U. S. Census Bureau, U. S. Equal Employment Opportunity Commission, U. S. Bureau of Economic Analysis, U. S. Federal Reserve.
- No convenience samples or client survey data are included in our data sets.
- All data are derived from surveys conducted within the past 12 months.
- Our salary data programs deliver results when a minimum of 25 respondents are included in an occupation in a geographic region.
JSI's Open Data System- In order to benefit workers, students and businesses, data should proliferate. Onerous contracts, bundling schemes and non-compliant 'standards' are all impediments to everything that a forward thinking business would engage in. JSI’s data structure is built on BLS metropolitan statistical areas, North American Industry Classification System and O*NET occupational classifications- all of which are free, publicly available standards that ensure the greatest ease and data integrity when mapping to your own internal or other data systems.
We have sincere gratitude for our clients as we, of course, could not exist without your business. Our way of saying ‘thank you’ is by offering what we believe is a great product at fair price, and working every single day to bring you a better and better suite of programs.
With regards, the JSI TEAM
Who uses JSI data-
in principle, we serve students and job seekers with free data, education and career planning information, while businesses and institutions pay a nominal fee for our salary data and labor market analytics services. Here is a more detailed analysis of the market segments we serve:
- Job seekers- each year, millions use our various calculators to plan their careers and determine what their salaries might be in the markets.
- High school and college students- each year, millions plan their educational and career paths with calculators provided by JSI, our partners and distributors of our data.
- Resellers and licensees- leading academic and not for profit organizations rely on JSI to provide salary data, educational attainment and career outcome information through private label calculators and in data sets which are used to produce research reports, media outputs and other outreach products.
- Small & midsized businesses- over 3,500 independent businesses use JSI to accurately benchmark their workforce.
- Large businesses and Fortune 500 companies- over 200 of the Fortune 500 rely on JSI as a source of reliable salary data and for labor market analytics.
- Compensation consultancies- dozens of comp consultants have concluded that JSI is their best choice for acquiring salary data, affordably and anonymously.
- Staffing agencies- in an industry that is relied upon
Job Search Intelligence is a compensation data machine- a machine that represents more than 90% of all workers in the U. S., with unsurpassed statistical rigor.
In an industry that has seen exceptional challenges over the past 5 years, JSI has built a client base of over 3,000 users. With no sales or marketing staff (but a lot of love from our strategic alliance partners and Google!!) we have become a trusted data resource which includes many of the largest IT, petroleum, manufacturing, retailing, engineering, healthcare, aerospace and academic entities in the U. S.
Here's why: Salary data for up to 1,000 occupations in 560 regions of the U. S. - with a minimum of 25 respondents for each occupation in each region to ensure statistical significance. Reliable data, easily accessed and at very affordable prices.
Mathematical realities govern the manner in which salary data sets are developed by JSI. We are not attempting to bend reality, or get cute with statistics. Our team of statisticians were trained and formerly employed by MIT, Carnegie-Mellon, UCLA, the U. S. Department of Labor, the U. S. Congressional Budget Office, the RAND Corp, and other research and academic institutions.
With hundreds of millions of data points, data sets which are updated quarterly, and a private/ public sector relationship that positions JSI uniquely ahead of traditionally structured firms, we offer you a service that is easily accessed and free of onerous terms or contracts. Our salary programs have been engineered for precise salary results, and a user friendly experience.
Sample size and statistical significance-
The US labor market is comprised of approximately 128,000,000 fulltime workers. From a statistical perspective, this is terrific number because it represents a huge pool with which to begin working. Complexities arise in analyzing this pool when people perform different jobs, in different industries, in different regions, with different qualifications, for different employers, and so on. This becomes critical in the creation of occupational classifications in that one does not want to define a job description so precisely that there is only a single person who actually performs the described job! You want the grouping of persons within an occupation to be large enough for a statistically reliable sample.
The problems encountered in occupational classification are particularly prevalent in the information technology and engineering industries. Our minimum sample size for an occupation within a geographic region is 25 respondents.
The rationale behind conducting a salary survey is to have an accurate representation of an overall market. Survey construction essentially defines the characteristics of the sample. No amount of smoothing and massaging will correct a biased sample. JSI does not rely upon its clients for salary survey data. Our proprietary methodology minimizes the possibility of sample bias entering any aspect of our salary data set development.
Because the labor markets are considerably more fluid than in years past, market pricing has reduced the distorting effects of any single employer, or a few employers within an industry. This problem is still persistent though in the case of workers with unique skills, and the employers need for those skills. Demand, or the lack thereof is a significant determinant for the price of an employee. When performing a search for salary survey data, be sure to assess any unique demand factors that may be present in your own establishment.
Job Search Intelligence, LLC utilizes the O*NET System for occupational classifications as part of the framework for our salary calculators, and to describe the underlying characteristics of each occupation. The O*NET System was developed by the U. S. Dept of Labor, and it represents a unifying common language for the industry. O*NET is a non-profit organization, providing free occupational classification resources to job seekers and employers. Information for O*NET can be found at O*NET Online
Our compensation data sets are proprietary to JSI, and are derived from: U. S. Department of Labor, U. S. Bureau of Labor Statistics, National Center for Education Statistics, U. S. Census Bureau, U. S. Equal Employment Opportunity Commission, U. S. Bureau of Economic Analysis, U. S. Federal Reserve, and proprietary resources.