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Waltham,
MA,
September 25, 2008
-- Salary.com, Inc. (NASDAQ: SLRY), a leading provider of on-demand compensation and talent management solutions, today announced that Tempur-Pedic International, Inc., a manufacturer and distributer of premium mattresses and pillows made from its proprietary TEMPUR® pressure-relieving material, is leveraging CompAnalyst® Market Data to market price internal positions and ensure they are paying competitive compensation for their industry and geographic markets.
CompAnalyst will provide the Tempur-Pedic compensation team with a single source of HR reported compensation market data for over 3,700 benchmark jobs to help them ensure they are paying competitively for the markets in which the company operates. A fully integrated compensation benchmarking and pay analytics suite, CompAnalyst from Salary.com streamlines all aspects of pay program design and analysis including market pricing, internal equity assessments, salary structure analysis and merit modeling.
The market data module is comprised of Salary.com's proprietary compensation data which is updated, adjusted and refreshed each month by a team of Certified Compensation Professionals (CCP®)*. With CompAnalyst, Tempur-Pedic will be able to leverage a consistent, cost effective data source that can be scoped by industry, geography and company size, throughout their organization so that positions are valued using a single methodology and data set across business units and locations.
"CompAnalyst market data is a great solution for companies like Tempur-Pedic, that need to ensure they are offering competitive compensation for their industry, company size and geographic markets, and want to access that data in a single source and at a reasonable price," said Brent Kleiman, senior vice president of product marketing and strategy, Salary.com. "We're able to provide enterprises like Tempur-Pedic with best in class market data, delivered through on-demand software and supported by a team of experts to ensure our customers get the maximum value from their compensation expenditures and to help them attract and retain the top talent that is critical to business success."
About CompAnalyst
CompAnalyst provides an integrated suite of on-demand compensation benchmarking and pay analytics tools to help businesses design competitive and equitable pay programs. Salary.com's flagship product is trusted by leading organizations of all sizes and is comprised of flexible modules that can be used on an integrated or stand alone basis:
- Market Data: fully scoped HR-reported market data for over 3,700 benchmark jobs in the U.S. and more than 700 in Canada
- Survey Management: online survey storage and management for 3rd 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: a complete executive compensation research tool
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.
*CCP is a registered trademark of WorldatWork |
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