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Waltham,
MA,
September 17, 2008
-- Salary.com, Inc. (NASDAQ: SLRY), a leading provider of on-demand compensation and talent management solutions, today announced that Express, a multi-channel retail brand with more than 580 stores across the United States, has selected Salary.com’s TalentManager to improve its employee performance review processes, better manage compensation administration and more strategically link employee pay to performance for 3,000 Express employees. In addition, Salary.com’s new Succession Management module will help the Express HR team identify and select internal job candidates based on a combination of requirements, including competencies, performance, readiness, potential and promotability for each position being planned.
TalentManager provides HR executives and business line managers with a tool to make strategic compensation and succession planning decisions for corporate employees. A fully integrated talent management suite, TalentManager streamlines compensation management while reducing the time and cost associated with conducting employee appraisals and linking pay decisions to performance measurements. TalentManager will also enable Express to plan for the future with comprehensive succession planning capabilities based on employee competencies and performance.
Salary.com’s TalentManager is a suite of on-demand performance management and compensation planning tools that simplifies the connections between employee pay and performance. Leveraging the TalentManager platform, Express will be able to address the challenges of managing an enterprise workforce, and will ultimately ensure top performers are rewarded and retained, while decreasing the risk of overpayment and involuntary turnover.
"TalentManager is ideal for progressive organizations like Express, that want to better manage the employee review processes and fairly compensate employees based on performance," said Brent Kleiman, vice president of product marketing, Salary.com. "We're excited to help enterprises like Express cultivate a strong team that will lead their company into the future. Salary.com's Succession Planning module provides the visibility HR managers and executives need to identify and groom talent for future promotion."
About TalentManager
TalentManager provides an integrated suite of on-demand performance management, compensation planning and succession planning tools. Built on the proprietary FlexTenant™ software platform, TalentManager simplifies the connection between employee pay and performance by:
- Aligning employee performance objectives with corporate strategies
- Ensuring top performers are rewarded and retained
- Decreasing the risk of overpayment and involuntary turnover
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.
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