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Waltham,
MA,
May 23, 2008
-- Salary.com, Inc. (NASDAQ: SLRY), a leading provider of on-demand compensation and performance management solutions, today announced a growing number of new customers who have selected Salary.com's new Canadian market data and software product, CompAnalyst® Canada, to price over 650 jobs throughout Canada. The new Canadian dataset has already attracted a diverse set of customers across multiple industries, including: Stratos Mobile Networks, HRB Management, The Hershey Company, Peter Kiewit Sons, Inc., Omron Canada Inc., Sonoco Products Company, Harry Winston, Credit Union of Central British Columbia and Globe Union Group Inc. Launched earlier this year in March, the CompAnalyst Canada offering helps compensation professionals streamline their market pricing processes and reduce the time it takes to market price jobs.
"Our multinational customers need accurate and reliable data to assess competitive pay practices as they compete for talent and evaluate pay levels in a global economy. We're pleased with the early success of our Canadian offering and believe that this validates the demand for datasets outside of the United States. Salary.com is positioning itself to meet this worldwide need with additional country datasets that customers can easily access via our on-demand software, as well as with existing global products already available to clients, such as our IPAS® global technology survey. We are excited to see our products build momentum outside of the US and plan to expand our datasets to include other international markets over the coming year," said Michelle Rock, Director of Global Development & Marketing for Salary.com.
CompAnalyst Canada allows employers to market price jobs using a single, employer reported source of data, and includes the following features:
- Comprehensive data for over 650 benchmark job titles across 21 industries
- Scoping across three company size breakouts and 28 size categories
- Comparisons of pay rates by region, province, territory and metro
- Compensation data represented in Canadian dollars
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.
For additional investor information, please visit http://investor.salary.com.
Safe Harbor Statement
This release contains "forward-looking" statements that are made pursuant to the Safe Harbor provisions of the Private Securities Litigation Reform Act of 1995. These are statements that are predictive in nature, that depend upon or refer to future events or conditions, or that include words such as "may," "will," "expects," "projects," "anticipates," "estimates," "believes," "intends," "plans," "should," "seeks," and similar expressions. This press release contains forward-looking statements relating to, among other things, Salary.com's expectations and assumptions concerning future performance. Forward-looking statements involve known and unknown risks and uncertainties that may cause actual future results to differ materially from those projected or contemplated in the forward-looking statements. The risks and uncertainties referred to above include, but are not limited to, our ability to continue to release and gain customer acceptance of new and improved versions of our service, successful customer deployment and utilization of our services, our ability to expand our customer base and product and service offerings, interruptions or delays in our service or our Web hosting, our business model, breach of our security measures, the emerging market in which we operate, our ability to hire, retain and motivate our employees and manage our growth, and competition, as well as those risks and uncertainties described in Salary.com's filings with the Securities and Exchange Commission. Salary.com expressly disclaims any obligation to update any forward-looking statements.
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