Salary.com Builds Leadership Position in Executive Compensation

WALTHAM, Mass. [August 11, 2008] – Salary.com, Inc. (NASDAQ: SLRY), a leading provider of on-demand compensation and talent management solutions, today announced a number of important new subscribers to its executive compensation benchmarking software, CompAnalyst Executive.  Unmatched in the scope of the information it provides, this comprehensive, on-demand resource offers instant access to compensation data for the top five executive officers at virtually all publicly-held companies in the United States, coupled with robust analytic tools to help employers benchmark executive pay practices. A growing list of high-profile companies look to CompAnalyst Executive for visibility into peer pay practices and justification regarding the design of their executive compensation programs.  

Underscoring the momentum of the CompAnalyst Executive product is the recent acquisition of a number of high-profile corporate subscribers such as: Guess?, Inc., Sonoco Products Company, Union Pacific Corp., and Gap, Inc. Of particular note is the announcement that Frederic W. Cook & Co., Inc, one of the leading firms in the executive compensation field, has joined the list of prestigious consulting firms using Salary.com’s CompAnalyst Executive resource.

 

Executive compensation is undergoing increased scrutiny by shareholders, the Securities and Exchange Commission (SEC) and the general public. Recent government inquiry into executive compensation consulting practices, the new SEC disclosure rules and Congressman Barney Frank’s (D-MA) Say-on-Pay Senate proposal have all combined to  create a climate where shareholder transparency and clear justification of executive compensation practices are major concerns facing compensation committees.

 

“The fact that these large, well-known enterprises – and especially a recognized executive compensation consulting firm like Frederic W. Cook – depend on our data and software is a testament to the value Salary.com delivers this market. We continue to invest heavily in executive data collection methodologies, tools and processes that deliver the highest quality data for our clients along with an intuitive user experience that makes accessing and reporting on the information easy,” stated Dana Freeman, Vice President of Product Management at Salary.com.

 

CompAnalyst Executive is part of the CompAnalyst® suite of products that simplifies the market pricing and compensation benchmarking processes used at thousands of companies. Corporations, consultants and a variety of business-oriented media publications use CompAnalyst Executive to access the most complete set of information about executive and director compensation available in the market.

 

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, 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.