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Waltham,
MA,
April 7, 2009
-- Salary.com, Inc. (NASDAQ: SLRY), a leading provider of on-demand compensation, talent management and payroll solutions, today announced that it ranked as number 293 on Deloitte’s 2008 Technology Fast 500, a ranking of the 500 fastest growing technology, media, telecommunications and life sciences companies in North America.
"Our 4th year on the Technology Fast 500 underscores Salary.com's strength in identifying and exceeding customer needs for critical software that ensures HR professionals are attracting, developing, and retaining their talent to the best possible advantage," commented Salary.com's CEO Kent Plunkett. Plunkett credits Salary.com's consistent performance and revenue growth to the company's commitment to providing customers with a span of on-demand solutions that are best-in-breed -- from compensation benchmarking and pay analytics tools, to software that eases the management of employee performance review processes and succession planning, streamlines compensation planning, and strategically links employee pay to performance, most notably with the newest offering of HRMS & Payroll.
"Deloitte's Technology Fast 500 Recognizes companies who have achieved extraordinary growth in North America's most innovative and competitive market sectors," said Phil Asmundson, Deloitte LLP vice chairman and national managing partner for Technology, Media and Telecommunications. "We congratulate Salary.com on this significant accomplishment."
Fast 500 Selection and Qualifying Criteria
The Fast 500 ranks the fastest growing technology, media, telecommunications and life sciences companies in North America. It is compiled from Deloitte’s regional North American Fast 50 programs, nominations submitted directly to the Fast 500, and public company database research. Companies are selected based on percentage revenue growth from 2003 to 2007. Salary.com grew 561 percent during this period.
Entrants must own proprietary intellectual property or proprietary technology that contributes to a significant portion of the company's operating revenues or devote a significant proportion of revenues to research and development of technology. Using other companies' technology or intellectual property in a unique way does not qualify. Base-year operating revenues must be at least $50,000 USD or $75,000 CD, and current-year operating revenues must be at least $5 million USD or CD. Companies must be in business a minimum of five years, and they must be headquartered within North America.
About Deloitte
As used in this document, "Deloitte" means Deloitte LLP. Please see www.deloitte.com/about for a detailed description of the legal structure of Deloitte LLP and its subsidiaries.
About Salary.com, Inc.
Salary.com is a leading provider of on-demand HRMS, 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: payroll, benefits, HR administration, market pricing, compensation planning, performance management, competency management, learning and development 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. Visit http://employer.salary.com.
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