Proof of Usefulness Report

LaborIQ

Analysis completed on 2/3/2026

+402
Proof of Usefulness Score
Certified Problem Solver

LaborIQ is a legitimate, verified B2B SaaS platform established in 2018, offering salary benchmarking and labor market analytics. While the actual product demonstrates significant real-world utility and has verifiable traction (G2 reviews, press coverage, thousands of B2B users), the project submission itself was of extremely low quality. The submission contained false claims (e.g., audience reach 'everyone', traction 'most people'), invalid contact details, and lacked technical depth. The score reflects the strong underlying business fundamentals discovered through independent verification, heavily penalized by the poor quality and inaccuracy of the submitted data.

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Score Breakdown

Real World Utility+20.0
Audience Reach Impact+6.4
Technical Innovation+3.75
Evidence Of Traction+6.75
Market Timing Relevance+8.5
Functional Completeness+0.25
Subtotal+45.65
Usefulness Multiplierx0.88
Final Score+402

Project Details

Description
LaborIQ provides HR teams with salary benchmarks to compete for new hires and retain employees in today’s market. Thousands of users trust LaborIQ to provide salary recommendations that help close pay gaps, ease pay transparency challenges, fill jobs faster and reduce turnover. We believe that traditional salary surveys and crowd-sourced data are lagged and unreliable in today’s evolving job market. For companies to compete for talent and succeed, they must have access to unmatched compensation data quality.

Algorithm Insights

Market Position
Strong market validation with clear user adoption patterns
User Engagement
Documented reach suggests active user community
Technical Stack
Modern tech stack aligned with sponsor technologies

Recommendations to Increase Usefulness Score

Document User Growth

Provide specific metrics on user acquisition and retention rates

Showcase Revenue Model

Detail sustainable monetization strategy and current revenue streams

Expand Evidence Base

Include testimonials, case studies, and third-party validation

Technical Roadmap

Share development milestones and feature completion timeline