A computer system and method is disclosed for collecting resource rate information associated with a plurality of resource profiles and providing resource rate statistical data for a specific resource profile via a web-based interface. Each resource profile is defined from hierarchical profile selections to identify a job category, and each job category has one or more skills associated therewith. A database maintains the resource profiles and associated resource rate information. The resource rate information is collected from a variety of sources, including business entities that interface with the database to upload actual resource rate information (e.g., actual salaries, wage rates and other compensation information) for one or more resource profiles associated with the business entity.