Salary Transparency App

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Inspired by a conversation on:

Get the Hell Out of Debt

Mind Your Own Wallet

Host: Erin Skye Kelly and Keri Blakeney

Timestamp: 00:05:10 - 00:06:08

Listen to Episode • View Podcast • All Ideas from Get the Hell Out of Debt

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Direct Quote

"The benefit to having the discussions openly is it does strengthen negotiation power."

Market Gap

Employees lack information to negotiate fair salaries.

Many employees struggle to negotiate fair salaries due to a lack of transparency around compensation. This problem is prevalent across various industries, where individuals are unaware of what others in similar roles earn. Current solutions often involve informal discussions among colleagues, which can lead to misinformation and tension. Without a reliable source of salary information, employees may undervalue their worth or miss out on better job offers. The growing trend towards pay transparency makes this issue even more urgent, as organizations face pressure to disclose salary ranges, but many employees still lack access to this information.

Summary

The Salary Transparency App is a platform designed to provide employees with access to salary data for various roles within their industry. Users can anonymously share their salaries while receiving insights into average salaries for comparable positions. This app would empower employees to negotiate better compensation packages, address wage gaps, and foster a culture of transparency within organizations. Targeted at professionals across different sectors, the app could utilize gamification elements to encourage users to share their data and provide educational resources on negotiation tactics. By centralizing this information, the app not only aids individual users but also promotes overall equity in the workplace.

Categorization

Business Model

SaaS

Target Founder

Generalist

Difficulty

Medium

Time to Revenue

3-6 months

Initial Investment

< $10,000

Scores

Clarity

8/10

Novelty

7/10

Feasibility

6/10

Market Potential

8/10

Evidence

6/10

Overall

7/10

Found on September 8, 2025 • Analyzed on September 8, 2025 9:58 AM

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How should I validate this saas idea before building it?

2:34 PM

Great question! For a saas idea like this, I'd recommend starting with these validation steps:

Customer interviews: Talk to Generalist to understand their pain points
MVP approach: Build a simple landing page to test demand
Competitor analysis: Research existing solutions and identify gaps

Would you like me to help you create a specific validation plan for your medium difficulty idea?

2:35 PM

Yes, and what about the technical implementation? Should I build this myself or hire a team?

2:36 PM

Based on your idea's complexity and 3-6 months, here's my recommendation:

Technical Strategy:

Start with no-code tools for rapid prototyping
Consider your technical background and available < $10,000
Plan for scalability from day one

I can help you create a detailed technical roadmap and resource allocation plan...

2:37 PM

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