Salary Benchmarking

Lightcast data helps answer evolving salary and compensation questions across roles, skills, and markets. These use cases show how to retrieve advertised wages, market salary benchmarks, and national salary metrics using standardized occupations and skills.

Use Cases

Standard Occupational Classification (SOC) Level Compensation Insights

Normalize a raw job title to the government Standard Occupational Classification (SOC), and then use that SOC to retrieve related compensation data.

APIs Used

Authentication
Classification – Normalize the raw title to the SOC
Compensation API – Retrieve compensation data using the SOC

Python Example

Get Advertised Wages for a Given Lightcast Occupational Taxonomy (LOT)

Normalize a raw job title to the Lightcast Occupational Taxonomy (LOT), and then use job postings data to retrieve wages for the related occupation.

APIs Used

Authentication
Classification – Normalize the raw title to the Lightcast Occupational Taxonomy (LOT)
Job Postings API – Retrieve advertised wages for the related LOT

Python Example

Market Salary for a Role

Normalize raw job titles to the Lightcast Occupational Taxonomy (LOT), and then use the Market Salary API to retrieve salary benchmarks for the related role.

APIs Used

Authentication
Classification – Normalize the raw job title to the Lightcast Occupational Taxonomy (LOT)
Market Salary API – Retrieve market salary data for the related LOT

Python Example

National Salary Metrics for Lightcast Occupational Taxonomy (LOT)

Normalize raw job titles to the Lightcast Occupational Taxonomy (LOT), and then retrieve national salary percentiles for the related occupation.

APIs Used

Authentication
Classification – Normalize the raw title to the Lightcast Occupational Taxonomy (LOT)
Market Salary API – Retrieve national salary percentiles for the related LOT

Python Example

National Salary Metrics for Skills

Normalize raw skills to standardized skills, and then retrieve national salary percentiles associated with those skills.

APIs Used

Authentication
Classification – Normalize raw skills to standardized skills
Market Salary API – Retrieve salary percentiles for the given skill