Overview

AI Pay Rate is an advanced feature designed to provide data-driven, competitive pay rate suggestions for job postings. By analyzing job details such as title, description, and location, the tool generates tailored pay ranges based on real-time market trends. This ensures accuracy, consistency, and efficiency in setting pay rates.

The AI Pay Rate feature simplifies salary setting by leveraging AI-powered insights, ensuring HR teams and recruiters make informed, competitive pay decisions quickly and efficiently. Adding additional AI features to the ATS platform demonstrates a commitment to building modern technology.

How to Use the AI Pay Rate Generator

1. Ensure Required Fields Are Filled

   • To make this feature available, make sure you have entered the following job details:
     • Job Title
     • Job Description
     • City and State

2. Generate the Pay Rate

   • Once the required fields are completed, locate the "Generate Pay Rate" button on the Create/Edit Job screen.
   • Click the button, and the AI tool will analyze the job details and generate a recommended pay range based on current market trends for your job's geographical location.

Why Use This Feature?

• Saves Time: Quickly get pay rate insights without manual research.
• Ensures Competitiveness: Align salaries with market trends to attract top talent.
• Data-Driven Decisions: Leverage AI-generated insights to make informed salary choices.

Even if your team has already set a budgeted pay rate, having a clear understanding of industry trends and competitive rates can be incredibly valuable for attracting applicants. Knowing where your rate stands compared to the market helps you strategize—if it’s below average, you may need to invest more in advertising to generate applicant traffic. On the other hand, if your rate is above average, you’ll likely fill the position more quickly.

This tool simplifies salary benchmarking and helps ensure your job postings remain competitive in the hiring market.