LaborIQ (ThinkWhy LLC)

LaborIQ is a technology company based in Dallas, Texas, that specializes in human resources solutions, focusing on compensation and labor market analytics. Founded in 2018, LaborIQ aims to enhance HR technology by offering smarter compensation solutions. The company provides a variety of services, including salary benchmarking and compensation planning, which help organizations set competitive salaries using a comprehensive database of over 20,000 job titles. LaborIQ also offers labor market forecasting tools that provide insights into market trends, aiding businesses in talent sourcing and retention. Their patent-pending ATILA technology delivers twice-monthly updates on labor market conditions, allowing users to access current and predictive compensation data for informed decision-making. LaborIQs solutions are utilized by thousands of HR professionals, recruiters, and consultants across the U.S. The company reports high success rates, with many clients achieving their desired outcomes and significantly improving employee retention through data-driven salary benchmarking.