SOURCE: Salary.com

Salary.com

March 03, 2010 11:00 ET

Salary.com Expands Salary Structures Functionality for Compensation Professionals

Best-of-Breed CompAnalyst Market Pricing and Pay Analytics Suite Facilitates Streamlined Analysis of Cost Scenarios Related to Internal Salary Structures

NEEDHAM, MA--(Marketwire - March 3, 2010) -  Salary.com, Inc. (NASDAQ: SLRY), a leading provider of on-demand talent management, payroll and compensation solutions, today announced the expanded functionality of the Salary Structures module in its CompAnalyst® Market Pricing and Pay Analytics Suite.

The CompAnalyst Salary Structures software module facilitates streamlined analysis of cost scenarios related to internal salary structures. With this expanded functionality, compensation professionals can easily analyze and model internal pay structures against market rates and evaluate the impact of various cost scenarios on compensation budgets. 

The latest improvements create a best-of-breed salary structure module and extend Salary.com's market-leading functionality to:

  • Easily re-align grades based on multiple types of regression analysis
  • Make updates to structures and grades and instantly analyze changes
  • Analyze costs associated with salary structures
  • Create and save models of "what if" scenarios

"Salary structures are an important component of effective compensation programs, and these best-of-breed additions help ensure that pay levels for groups of jobs are both externally competitive and internally equitable," said Brent Kleiman, SVP, marketing & strategy at Salary.com. "By employing the Salary Structures module of CompAnalyst, compensation professionals will better understand the implications of the organization's compensation strategy compared to the market."

Salary.com will be hosting a Webinar detailing the benefits of salary structures for compensation programs on March 25, 2010. For more information, go to http://events.salary.com.

CompAnalyst provides an integrated suite of on-demand compensation benchmarking and pay analytics tools. Salary.com's trusted flagship product is comprised of flexible modules that can be used on an integrated or standalone basis:

  • Market Data: fully scoped HR-reported market data for more than 3,900 benchmark jobs in the United States and more than 700 in Canada
  • Survey Management: online survey storage and management for third-party data
  • Pay Analytics: reporting tools to assess internal equity and external competitiveness
  • Salary Structures: modeling tools to build and analyze salary structures
  • Merit Modeling: tools for assessing the impact of different merit scenarios
  • Executive Benchmarking: CompAnalyst Executive® provides a complete executive compensation research tool

The expanded Salary Structures module is now available in the CompAnalyst Market Pricing and Pay Analytics Suite. For pricing or additional information, please call 1 866 SALARY1.

About Salary.com, Inc.
Salary.com is a leading provider of on-demand talent management, payroll, and compensation 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: payroll, benefits, HR administration, market pricing, compensation planning, performance management, competency management, 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. For more information, visit www.salary.com.

SLRY-F