Adzuna, the “next-generation classifieds search engine” backed by Index Ventures, The Accelerator Group and Passion Capital, celebrated its 1st anniversary this week – and has today announced the launch of its ‘Market Insight’, a statistical overview for any search result which gives jobseekers free, unique access to whole-of-market salary trends.
Adzuna, which was founded in 2011 by Andrew Hunter and Doug Monro (the team behind Gumtree, Zoopla and Qype) has gained significant traction in the UK and now boasts over half a million monthly unique visitors, 2 million ads indexed (over 90% market coverage) and rapidly growing revenues. This growth comes hot on the heels of their launch of disruptive social search tools such as Adzuna Connect and Friend Map which help you find the perfect job, car or home ‘with a little help from your friends’.
The new stats interface aims to empower jobseekers to make better career decisions like no tool has done before. The service is free and brings together historical salary trends, pay comparisons, vacancy maps, company hiring patterns and more. Adzuna provides rich data for over 1 million job titles and location combinations; from wages for Bankers in Bristol to demand for LAMP developers in London. Previously, this kind of market data was only available to large corporations via expensive benchmarking studies from HR consulting firms; now Adzuna is making it available to anyone for free.
Doug Monro (Co-Founder, Adzuna) stated: “We’re delighted with Adzuna’s progress in our first year. With complete market coverage, social search and now free data, we are changing the way in which people find jobs, properties and cars in the UK – and soon globally. Our dataset is the most comprehensive and up to date source of information on the British job market out there, and we want to make this freely available to everyone. If you are looking for a pay rise, here’s your ammunition; if you are looking to hire, here’s how much you need to pay.”
Here are some example nuggets extracted from Adzuna’s data:
- Technology Journalists make on avg £31,800 p.a., 9% less than Fashion Journos.
- The average salary for Google employees is on average 5% more than Microsoft.
- 25% of startups currently hiring in London are offering stock to employees up front.
- London ruby developer wages have increased from £43k in January to £46k in June