SOURCE: Salary.com

April 17, 2008 17:54 ET

Salary.com™ Expands Talent Management Offering With Launch of TalentManager® Professional Edition for Small & Medium Businesses; Signs First Customer

Edney Distributing Company Plans for the Future With Salary.com's TalentManager Professional Edition

WALTHAM, MA--(Marketwire - April 17, 2008) - Salary.com, Inc. (NASDAQ: SLRY), a leading provider of on-demand compensation and talent management solutions, today announced that Edney Distributing Co. Inc. of South Dakota, a value added wholesale distributor for global farm and industrial equipment manufacturers, will deploy TalentManager® Professional to automate performance reviews and compensation planning.

TalentManager is a leading on-demand performance management and compensation software suite that helps employers easily automate pay-for-performance programs. Designed with proprietary compensation and competency data at the core, TalentManager allows businesses of all sizes to administer critical talent management processes, streamline workflows and implement best practices quickly and cost effectively to optimize employee performance and deliver outstanding results.

The Professional Edition is designed specifically for the needs of small & medium sized businesses with fewer than 500 full-time employees and aims to make pay and performance processes easy and hassle free. According to recent Salary.com research, over 70 percent of companies polled depend on spreadsheet-driven or manual processes for compensation planning and performance management. These manual tasks increase the risk of error and consume a great deal of time to implement, manage and maintain. With TalentManager Professional, small and medium-sized companies can easily automate their existing processes with an affordable on-demand solution and spend less time administering programs and more time focusing on core business objectives such as aligning goals, developing talent and delivering business results. Professional Edition, a new version of Salary.com's existing enterprise solution, provides no barriers to adoption, can be deployed quickly and can grow with smaller organizations.

With five dealer support centers in four different states in north central United States, Edney Distributing Co. Inc. of South Dakota supplies more than 1,000 retail equipment dealers with attachments and specialized farm equipment. As the company has grown, so has its need to formalize pay-for-performance measures and leverage technology to ensure that employees are being rewarded for attaining the corporate goals.

"Customer satisfaction is our number one priority so to drive the right type of performance, we need to align our employee goals against our corporate mission to ensure every customer is 100 percent satisfied," said Jennifer Edney, organizational development manager, Edney Distributing Co. Inc. "Salary.com's TalentManager Professional is exactly the type of solution we were seeking to communicate corporate goals, engage our employees in the performance management process and empower managers to set and enforce performance expectations. We found a solution that fits with our company size and most importantly within our budget."

"Companies like Edney recognize that talent management plays a critical role in long-term organizational sustainability and success," said Brent Kleiman, vice president, small and medium business, Salary.com. "Our TalentManager Professional edition is the perfect solution for a small to medium sized business and will provide Edney with the easy-to-use tools they need to attract, retain and reward their employees at a price they can afford."

About Edney Distributing Co. Inc.

Edney Distributing Co. Inc., established in 1951 and located in Huron, SD is a value added wholesale distributor of Farm Equipment, Turf Maintenance & Forestry Equipment, and Light Industrial Equipment. Edney supplies over 1,000 retail equipment dealers in South Dakota, North Dakota, Minnesota, Wisconsin, northern Iowa, upper Michigan, northern Illinois and eastern Montana with innovative attachments and specialized farm equipment from manufacturers around the world.

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 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.

Contact Information

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    Media Contact:
    Karen Peabody
    Salary.com, Inc.
    781-464-7544
    press@salary.com