We decided to build Wanted after being overwhelmed by InMails from recruiters on LinkedIn... It's impossible to cut through the noise.
On the other hand, we had a real hard time finding the best talent whenever launching a startup and working with those headhunters is crazy expensive.
So we created Wanted to solve both sides of this issue.
(1) Talents have to specify what salary they want, drop their resume / linkedin and that's it (equity, other package elements are coming).
(2) Companies commit to a salary for a posted position
The additional benefit of a set salary before the interviews is that employers won't be able to discriminate and offer less when negotiating because of gender, religion, ethnicity, or any other personal preference or attribute.
Please share your thoughts and feedback with us,
Balazs
A very simple/easy fix might be good to decorate your "minimum salary" field, telling users what exactly to include and exclude -- so everyone is on the same page. RSUs can be a big part of the negotiation, and a significant portion of FANG compensation.
Just because the base is agreed upon, doesn't necessarily guarantee there's a meeting of the minds on total compensation. Something to keep in mind.
Bonuses, equity and other package elements are coming.
I've tried a platform similar to this. Indeed has a product called Seen. I'm going to share my experience with Seen to provide insight.
Seen emails me saying employers want to talk, and included salary range in the e-mail body. Unbeknownst to me, the salary range was based on what I self-reported (many months prior), but based on the job title, it seemed too go to be true. Support had confirmed that the employer never saw my information, even though they sent me an e-mail saying the opposite.
Given the types of companies it tells me about, it's clear the product targets mid-market talent and not the top quintile. Which probably makes sense, since there are less people there. But it ended up having the same problem as InMail: an undesired signal-to-noise ratio. Sample size of 1, take my experience with a grain of salt.