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What Can We Learn from Online Wage Postings? Evidence from Glassdoor

Author

Listed:
  • Marios Karabarbounis
  • Santiago Pinto

Abstract

We use millions of user-entry salaries from Glassdoor to evaluate how well data from online wage postings compare with more traditional, aggregated data, such as the Quarterly Census for Employment and Wages (QCEW) or household-level data such as the Panel Study of Income Dynamics (PSID). We perform our analysis across industries as well as geographical areas. We find that industry employment shares differ substantially between Glassdoor and QCEW. However, the correlation between industry- and region-specific average salaries in Glassdoor and the QCEW is fairly high. Similarly, the within-industry dispersion in salaries in Glassdoor is fairly close to the dispersion in the PSID.

Suggested Citation

  • Marios Karabarbounis & Santiago Pinto, 2018. "What Can We Learn from Online Wage Postings? Evidence from Glassdoor," Economic Quarterly, Federal Reserve Bank of Richmond, issue 4Q, pages 173-189.
    • Handle: RePEc:fip:fedreq:00063
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    Citations

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    Cited by:

    1. Marinescu, Ioana & Skandalis, Daphné & Zhao, Daniel, 2021. "The impact of the Federal Pandemic Unemployment Compensation on job search and vacancy creation," Journal of Public Economics, Elsevier, vol. 200(C).
    2. Paolo Martellini & Todd Schoellman & Jason A. Sockin, 2022. "The Global Distribution of College Graduate Quality," Working Papers 791, Federal Reserve Bank of Minneapolis.
    3. Letian Zhang, 2023. "Racial Inequality in Work Environments," American Sociological Review, , vol. 88(2), pages 252-283, April.
    4. ED deHAAN & NAN LI & FRANK S. ZHOU, 2023. "Financial Reporting and Employee Job Search," Journal of Accounting Research, Wiley Blackwell, vol. 61(2), pages 571-617, May.
    5. Callaci, Brian & Gibson, Matthew & Pinto, Sergio & Steinbaum, Marshall & Walsh, Matt, 2023. "The Effect of Franchise No-Poaching Restrictions on Worker Earnings," IZA Discussion Papers 16330, Institute of Labor Economics (IZA).
    6. Gibson, Matthew, 2021. "Employer Market Power in Silicon Valley," IZA Discussion Papers 14843, Institute of Labor Economics (IZA).

    More about this item

    Keywords

    wages; Glassdoor; QCEW;
    All these keywords.

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