Oscar Mike Radio – 511 – Cary Sparrow – WageScapes

Yeah.

When did you decide, you know what, I've got the idea to start my own company, Wagescapes, and move this forward? Because it's not like, hey, I'm starting a t-shirt business.

Nothing against t-shirt businesses or coffee businesses or being a car dealer.

Like this is wage and data collation, aggregation, very highly skilled technical thing.

You saw something in the business world that said, you know what, I can meet this need.

How did that come to be?

Well, I'm just going to take a second here and describe what Wagescape does so you know kind of where the destination is in this anecdote.

So, you know, for the listeners' benefits.

Wagescape is a company that I founded 11 years ago that compiles data on who's hiring for what jobs, what skills they're looking for, how much they're going to pay them.

And we collect that data every single day from about 800,000 different career organizations.

websites around the world, over 200 countries, 240 countries and major territories.

And we do it every single day, millions of jobs that we're collecting data on.

And then we compile it.

We do something called normalization, which means that if we take Two jobs that are called something different, but they're actually the same job.

We give them the same name so that people can see through a common lens.

We clean it all up and then we make it available for other companies to analyze or to build into their systems.

We sell to a lot of different kinds of companies, big, huge corporations.

big, huge consulting firms, universities, financial services companies for reasons that I can get into.

That's pretty valuable for them and so forth.

So that was the opportunity I saw.

And that's what I jumped.

And the reason I saw it is because when I jumped on the corporate side, my job was to help build the HR infrastructure worldwide.

And at that point, People had pretty much figured out how to redesign processes and put in common processes.

HR technology had already moved to the cloud and so figured out how to get efficient and flexible technology that could span a global footprint.

uh, the, you know, being able to get the data to all, you know, look the same and be viewable through a common lens was something that we spend a lot of time on.