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Needham,
MA,
July 16, 2009
-- Salary.com, Inc. (NASDAQ: SLRY), a leading provider of on-demand compensation, payroll and talent management solutions, announced today the launch of CompetencyManager, an industry first, patent-pending, SaaS competency management and development software solution.
CompetencyManager provides the data and tools any company could utilize to easily design, create, validate, implement, export and maintain competencies and job models within its competency-based HR applications. The software allows users to leverage Salary.com's comprehensive competency libraries, import third-party competency data or create their own. In addition, CompetencyManager enables users to store competency libraries, frameworks, job models, competencies and related data sets all in a single, online tool, and then export this data to the appropriate HR application. Subscribers to CompetencyManager benefit from online access to more than 1,200 functional job models and robust competency libraries, including behavioral statements, learning references, development statements, coaching tips, writing assistance and interview questions.
"Companies often fail to effectively launch and sustain competency management programs because these programs are usually too time consuming and too difficult to accomplish successfully without the right tools," said Brent Kleiman, SVP, Marketing & Strategy at Salary.com. "For the first time, there is a scalable, data-rich job model productivity solution that reduces the time and cost to build, deploy and manage a competency program."
CompetencyManager was developed by Salary.com's team of HR software experts and the Salary.com Human Capital Management Consulting team, which has over the past 20 years developed over 300 global clients' complex and large-scale needs in implementing a high performance culture, including Northrop Grumman, MetLife and Unisys. Additionally, extensive input from other existing Salary.com competency customers shaped the unique advantages of this software such as: Job Mapping, Calibration, Collaboration, and Governance.
About Salary.com, Inc.
Salary.com is a leading provider of on-demand compensation, payroll, 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. For more information, visit www.salary.com.
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