Salary.com(TM) Builds Momentum with Canadian Market Pricing Product Offering
May 23 2008 - 8:57AM
Business Wire
Salary.com, Inc. (Nasdaq: SLRY), a leading provider of on-demand
compensation and performance management solutions, today announced
a growing number of new customers who have selected Salary.com�s
new Canadian market data and software product, CompAnalyst� Canada,
to price over 650 jobs throughout Canada. The new Canadian dataset
has already attracted a diverse set of customers across multiple
industries, including: Stratos Mobile Networks, HRB Management, The
Hershey Company, Peter Kiewit Sons, Inc., Omron Canada Inc., Sonoco
Products Company, Harry Winston, Credit Union of Central British
Columbia and Globe Union Group Inc. Launched earlier this year in
March, the CompAnalyst Canada offering helps compensation
professionals streamline their market pricing processes and reduce
the time it takes to market price jobs. "Our multinational
customers need accurate and reliable data to assess competitive pay
practices as they compete for talent and evaluate pay levels in a
global economy. We�re pleased with the early success of our
Canadian offering and believe that this validates the demand for
datasets outside of the United States. Salary.com is positioning
itself to meet this worldwide need with additional country datasets
that customers can easily access via our on-demand software, as
well as with existing global products already available to clients,
such as our IPAS� global technology survey. We are excited to see
our products build momentum outside of the US and plan to expand
our datasets to include other international markets over the coming
year,� said Michelle Rock, Director of Global Development &
Marketing for Salary.com. CompAnalyst Canada allows employers to
market price jobs using a single, employer reported source of data,
and includes the following features: -- Comprehensive data for over
650 benchmark job titles across 21 industries -- Scoping across
three company size breakouts and 28 size categories -- Comparisons
of pay rates by region, province, territory 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�s highly configurable
software applications, proprietary data and consulting services
help HR and compensation professionals automate, streamline and
optimize critical talent management processes including: market
pricing, compensation planning, performance management, competency
management and succession planning. Built with compensation and
competency data at the core, Salary.com solutions provide
businesses of all sizes with the most productive and cost-effective
way to manage and inspire their most important asset � their
people. 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
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