If you are an avid reader of our weekly publication around the new feature in the Numbrs Smart Wallet, salary insights, you know that we put powerful new tools into the palm of your hand, that allow you to discover your salary and your finances in completely new ways.
With salary insights, you can explore your Market value and compare your income to your peers. Safety net gives you detailed information on how long your savings would last without said income. And finally, Regional job security and Industry stability provide you all the data you need to always make the right decisions for yourself and your career.
Now it is time to have some fun with the fifth and final insight, called Numbrs ranking.
What is Numbrs ranking?
Numbrs ranking is an integral part of the salary insights. If you use our new Insights already, you went through the quick setup for your monthly salary (if not detected automatically), your region, your profession, and more.
Based on your entries, the algorithms of the A.I. powering our Insights combines your specific information with official government data and statistics or economic data from i.e. research firms. This calculation is used for Market value, Regional job stability, and Industry stability. For Safety net, Numbrs Smart Wallet takes a look into the future and predicts how long your reserves last without an income, based on your balance and your spending.
For Numbrs ranking, salaries of all users who went through the salary setup of the salary insights are being compared anonymously and dynamically. So based on the regular income you entered, Numbrs can determine your average net salary and positions it in the Numbrs ranking.
Find out every month, where you rank amongst all Numbrs Insights users, regardless of each job title or position. It is a fun way to explore your income on a regular basis and to find out how high you climb with the raise you got, thanks to Insights.
How secure is Numbrs ranking?
Talking about salary is always a bit awkward. It is one of the things we mostly keep private. Rightfully so, we took the most privacy centric approach while developing Numbrs ranking. As a Numbrs user you know that privacy and security are inseparable with our core values. Therefore, we found a way to construct Numbrs ranking as secure as possible.
It starts with data collection, which is 100% anonymous. As a user, you have insight into your data and the ranking determined with it. Salaries of other users are never visible and therefore secure. In the Numbrs ranking card, we present a list that accurately shows which place you currently are in. You can see which job title is ahead of you, as well as behind you. No salary from other users will ever be visible to you and vice versa.
But the more you use Numbrs ranking, the more you will see your development in the ranks. Will you climb or will you fall a couple of spots? You can check your position every month and receive an update.
So visit Numbrs Insights now to find out how you rank amongst all Numbrs users that use Insights. If you have set up salary insights already, you can explore Numbrs ranking right away.
If you want to learn more about the new features of Numbrs Smart Wallet, head to www.numbrs.com. If you have any further questions or comments, you can always contact our friendly support team. You can reach us via chat in the app or via email at email@example.com.