SOURCE: Salary.com

Salary.com

September 14, 2010 15:30 ET

Salary.com Announces Latest Release of CompAnalyst Suite

Delivers Faster, More Accurate Analysis and Better Utilization of Survey Data for Better Pay Decisions

NEEDHAM, MA--(Marketwire - September 14, 2010) -  Salary.com, Inc. (NASDAQ: SLRY), a leading provider of on-demand compensation and talent management solutions, today announced the latest release of its CompAnalyst Suite, which include new features that help compensation professionals dramatically improve their utilization of compensation data and make better, faster pay decisions. New features will speed analysis and improve accuracy for compensation professionals who rely on CompAnalyst® for survey management, as well as for those who rely on CompAnalyst Market Data for market pricing.

The latest release of the CompAnalyst Suite adds a new job match matrix for survey management. Users who rely on CompAnalyst Market Data benefit from a new job import wizard and new geographic roll-up reporting features. These new features deliver faster, more accurate analysis and better utilization of survey data for better pay decisions.

The new job match matrix in CompAnalyst allows compensation professionals to speed up the process of matching jobs from multiple surveys to existing jobs within their organization. The job match matrix is powered by Hewitt Associates' Cross Match Guide, which provides recommended job matches for scores of market data surveys. Once one job is matched to a third-party survey, CompAnalyst will display suggested matches for related jobs in other salary surveys that you own and also recommend surveys with relevant matches that you have not purchased. With CompAnalyst and its job match matrix, HR professionals can ensure maximum utilization of the compensation surveys they've acquired, make smart decisions on whether to acquire other surveys, benchmark more effectively, fill data gaps quickly, and confidently make pay decisions based on highly accurate data.

Professionals who rely on CompAnalyst Market Data for market pricing now have access to a powerful online tool for matching company jobs to HR-reported market data. Professionals may import company jobs and salary information directly into CompAnalyst Market Data with an easy-to-use job import wizard. Benchmark data is always available, accurate and up-to-date without having to start over with each market pricing season. CompAnalyst Market Data can now serve as your company's online system for managing job compensation and as a collaboration solution for your HR team.

CompAnalyst Market Data now offers geographic roll-up reports for any geographic scope in the United States. Your scope can be as granular as a single zip code, a city or a metropolitan area. CompAnalyst Market Data will display results for your selected scope alongside related regional and national data. Geographic roll-up reports from CompAnalyst Market Data may include one or multiple jobs in a single report, which can be easily exported and shared.

"HR and compensation teams are often being asked to do more with fewer resources. That means it's more important than ever to get the most return from your software and data investments," said Brent Kleiman, SVP, marketing & strategy at Salary.com. "Salary.com is making it easier for compensation professionals to maximize the utilization of their salary surveys, speed their market pricing and make better, smarter pay decisions."

CompAnalyst provides an integrated suite of on-demand compensation benchmarking and pay analytics tools, and now includes new reporting tools that generate data summaries by geography. Salary.com's trusted flagship product is comprised of flexible modules that can be used on an integrated or standalone basis, which include:

CompAnalyst Market Data provides on-demand access to the most trusted source of compensation data so you can benchmark jobs easily and accurately. Save time market pricing with a comprehensive database of 100 percent HR-reported market data analyzed and adjusted by our team of Certified Compensation Professionals®. With CompAnalyst, organizations can:

  • Ensure market pay competitiveness with 100 percent employer-reported data,
  • Easily customize data to your needs by geography, industry and size of company
  • Find more than 3,900 benchmark jobs in the United States and more than 700 in Canada
  • Benchmark against up-to-date information with automatic, monthly updates, and
  • Streamline market pricing processes using a single, centralized tool.

Salary.com will host a webinar titled "Product Focus: Unveiling New Features in CompAnalyst Market Data," during which the job import wizard and geo-based reporting tools will be demonstrated. The webinar will be held on Tuesday, September 28, 2010, at 11 a.m. PT/2 p.m. ET. To register for this webinar, go to http://events.salary.com.

The job match matrix, market data import wizard, and geo-based reporting tools will be released this month in the CompAnalyst Suite. For pricing or additional information, please call 1 866 SALARY1.

About Salary.com, Inc.
Salary.com® is a leading provider of on-demand compensation and talent management solutions. Salary.com's highly configurable software applications and proprietary content help executives, line managers 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. For more information, visit www.salary.com.

Certified Compensation Professional is a registered trademark of WorldatWork.

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