Manufacturers Retain Talent and Reduce Turnover Costs With Salary.com(TM) Solutions
February 24 2009 - 8:30AM
Marketwired
Salary.com, Inc. (NASDAQ: SLRY), a leading provider of on-demand
compensation, talent management and payroll solutions, is supplying
several global manufacturers with on-demand market pricing software
to gain insight into competitive salary data, including executive
compensation, and tools for reporting and pay analytics.
Manufacturing leaders, including Tower Automotive Inc. (Livonia,
MI); Methode Electronics (Chicago, IL); Snap-On Incorporated
(Kenosha, WI); and Menasha Corporation (Neenah, WI), have selected
Salary.com to link employee pay to performance to retain workers
with the key skills to manage and adapt to changing market
conditions.
In manufacturing, retaining top employees who drive the success
of the company is fundamental to maintaining business continuity.
Protecting the intellectual capital and institutional memory that
resides with these employees helps manufacturers maintain their
advantage. Further, job satisfaction is tied closely to
compensation. In manufacturing, attracting and retaining talent
provides cost savings in the long run where turnover and recruiting
costs the company, both in terms of finances and productivity.
"We understand controlling costs and maximizing efficiency and
productivity are paramount in manufacturing," said Carol Ferrari,
product marketing director of compensation at Salary.com. "Our
manufacturing customers rely on Salary.com to address these
critical areas by providing a single source of timely and accurate
compensation data and on-demand reporting capabilities to make
critical talent management decisions in real-time. We take pride in
providing these required solutions for the success of their
businesses."
About CompAnalyst
CompAnalyst provides on-demand compensation management tools for
market pricing and pay analytics to help businesses design
competitive pay programs. Trusted by thousands of enterprise
customers, CompAnalyst is comprised of flexible modules that can be
used on an integrated or stand alone basis.
http://www.salary.com/Compensation/software.asp.
About Salary.com, Inc.
Salary.com is a leading provider of on-demand compensation,
talent management and payroll solutions helping businesses and
individuals manage pay and performance. Salary.com's configurable
software applications, proprietary data and consulting services
help companies automate, streamline and optimize critical talent
management processes including: HRMS, payroll, compensation,
performance, competencies, learning and development 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. http://employer.salary.com.
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