Salary.com(TM) Increases Global Presence in Compensation Market with Launch of Canadian Market Pricing Product
March 13 2008 - 4:30PM
PR Newswire (US)
New CompAnalyst(R) product provides a single source of
employer-reported compensation data for Canadian businesses; first
deal already completed WALTHAM, Mass., March 13
/PRNewswire-FirstCall/ -- Salary.com, Inc. (NASDAQ:SLRY), a leading
provider of on-demand compensation and talent management solutions,
today announced the release of its first international dataset
within the existing CompAnalyst market pricing suite and the
signing of its first customer for this product. The new Canadian
dataset will help companies to streamline their market pricing
processes by dramatically reducing the time and effort it takes for
compensation professionals to market price positions. "The need for
reliable international compensation data is growing rapidly as
companies strive to attract and retain top talent in an
increasingly global economy," said Kent Plunkett, founder and CEO
of Salary.com. "To meet that demand we are launching the first of
several new international datasets within our CompAnalyst market
pricing suite. The new version will help companies that do business
in Canada benchmark their jobs and determine the appropriate pay
levels by position. Particularly for businesses that operate in
more than one market, access to reliable and affordable
compensation data is a key competitive advantage. With the
CompAnalyst system, compensation professionals can easily locate
the data they need and customize it to their company size and
industry -- all in a single, web-based system." The Canadian
version of CompAnalyst will allow employers to market price jobs in
Canada using a single, employer reported source of data, and
includes the following features: -- Comprehensive data for over 600
benchmark job titles across 21 industries -- Scoping across three
company size breakouts and 28 size categories -- Comparisons of pay
rates by region, province and metro -- Compensation data
represented in Canadian dollars About Salary.com, Inc. Salary.com
is a leading provider of on-demand compensation and talent
management solutions helping businesses and individuals manage pay
and performance. Salary.com provides companies of all sizes
comprehensive on- demand software applications that are tightly
integrated with its own proprietary compensation data sets, thereby
automating the essential elements of the compensation management
process and significantly improving the effectiveness of its
clients' compensation spend. For more information, visit
http://www.salary.com/. Safe Harbor Statement This release contains
"forward-looking" statements that are made pursuant to the Safe
Harbor provisions of the Private Securities Litigation Reform Act
of 1995. These are statements that are predictive in nature, that
depend upon or refer to future events or conditions, or that
include words such as "may," "will," "expects," "projects,"
"anticipates," "estimates," "believes," "intends," "plans,"
"should," "seeks," and similar expressions. This press release
contains forward-looking statements relating to, among other
things, Salary.com's expectations and assumptions concerning future
performance. Forward-looking statements involve known and unknown
risks and uncertainties that may cause actual future results to
differ materially from those projected or contemplated in the
forward-looking statements. The risks and uncertainties referred to
above include, but are not limited to, our ability to continue to
release and gain customer acceptance of new and improved versions
of our service, successful customer deployment and utilization of
our services, our ability to expand our customer base and product
and service offerings, interruptions or delays in our service or
our Web hosting, our business model, breach of our security
measures, the emerging market in which we operate, our ability to
hire, retain and motivate our employees and manage our growth, and
competition, as well as those risks and uncertainties described in
Salary.com's filings with the Securities and Exchange Commission.
Salary.com expressly disclaims any obligation to update any
forward-looking statements. SLRY-F DATASOURCE: Salary.com, Inc.
CONTACT: Karen Peabody of Salary.com, Inc., +1-781-464-7544, ; Bill
Keeler or Ross Coyle of Schwartz Communications, +1-781-684-0770,
Web site: http://www.salary.com/
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