SOURCE: Salary.com

April 16, 2008 14:24 ET

Salary.com™ Launches Industry's First Online Hybrid Job Valuation Tool

Compensation Benchmarking Solution Lets Employers Blend Multiple Job Roles to Get Realistic Pay Levels for Hybrid Positions

WALTHAM, MA--(Marketwire - April 16, 2008) - Salary.com, Inc. (NASDAQ: SLRY), a leading provider of on-demand compensation and talent management solutions, today announced the release of the Hybrid Job Valuation Report, which enables HR professionals and employers to accurately value blended or hybrid jobs within their organizations to ensure competitive pay packages for non-traditional positions. This product release is an enhancement to the popular Job Valuation Report and leverages functionality available in Salary.com's subscription product CompAnalyst®.

Throughout the workforce, many employees hold positions that are actually a combination of two or more job descriptions. For example, in a small company, an office manager may also function as a human resource generalist, as well as an accounts payable specialist. To effectively compete for talent, employers must determine the market rate and weigh the value of each position within the hybrid role based on the percentage of total job responsibility it reflects. Accurately benchmarking each portion of a hybrid job enables an employer to determine a fair salary that reflects the true value of the hybrid job function, thereby offering competitive pay for blended positions.

Salary.com's new Hybrid Job Valuation Report leverages 100% employer reported compensation market data that has been analyzed by a team of Certified Compensation Professionals (CCP®).* Each job has been thoroughly researched and validated using the highest standards for data collection, analysis, and validation that are accepted throughout the compensation profession.

Additionally, Salary.com places a value on other compensable factors -- those traits that are likely to have an impact on how an employer values a specific person as a match for a specific job. Using these traits (e.g., experience, direct reports, education, certifications, etc.), Salary.com's valuation increases or decreases the job's market pay range to reflect the pay level necessary to attract and retain an employee with those traits.

"In today's workplace, employees are increasingly being asked to wear multiple hats within a single position," said Joseph Kilmartin, managing director of Salary.com Compensation Consulting. "By adding the hybrid market pricing functionality to our popular Job Valuation Report, employers can quickly blend and apply weightings to standard benchmark jobs. This enables the employer to create an accurate market price for a hybrid position in order to ensure they are paying competitively."

Salary.com's Hybrid Job Valuation Report can be customized to each employer's individual needs based on industry, company size and location. Job Valuation Reports draw from over 3,600 unique benchmark jobs and include data for base pay, total cash compensation, short and long-term incentives and non-cash compensation.

*CCP is a registered trademark of WorldatWork

About the Job Valuation Report

The Salary.com Job Valuation Report helps employers to determine the fair market pay for an individual or position within their organizations. The final report provides a complete pay picture, including base pay, total cash compensation, short and long-term incentives and non-cash compensation. The data used to compile the report is 100% employer reported and is scoped to an employer's specified industry, company size and location. (http://jvr.salary.com/).

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.

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.