Naukri PayCheck - that's the new benchmark salary-determining tool launched on Thursday by India's foremost job site, Naukri. com. The new tool will expectedly prove useful to employees, who can evaluate a pay-scale standard depending upon their skills and their location, after comparing them with the best pay-packages in the industry!

In a statement pertaining to its newly-launched tool, Naukri. com said that, thanks to its vast database of more than 10 million profiles, the tool provides wide-ranging information about salaries across different experience levels in diverse sectors and cities.

The online job portal said: "Users can use the tool to plan their career by mapping change in salary with a change in experience, industry, functional area or city and comparing multiple salaries on the same sheet. Users can find, with one click, jobs that can pay them the most for their profile."

Naukri PayCheck essentially provides jobseekers a reasonably precise and representative appraisal about how their potential salaries can be compared to the salaries of the contemporaries in their chosen field.

To deliver the results about benchmark salary for a particular job profile, Naukri PayCheck considers some basic parameters including - functional area; work experience; industry; city; educational qualifications; and role to be performed.

In fact, not just the jobseekers, even recruiters can make use of the new tool to benchmark salaries in a specific industry!