Manufacturers Gain Compensation Market Pricing Insight With CompAnalyst Market Data
July 08 2010 - 4:00PM
Marketwired
Salary.com, Inc. (NASDAQ: SLRY), a leading provider of on-demand
talent management, payroll and compensation solutions, today
announced several new manufacturing clients for CompAnalyst Market
Data, its industry-leading database for compensation market
pricing.
More than 3,700 enterprise subscribers rely on Salary.com to
provide on-demand data and software for compensation and talent
management. In the first calendar quarter of this year, Salary.com
added approximately 100 new enterprise customers. Among the
company's newest clients for CompAnalyst Market Data are:
- Hexion Specialty Chemicals, Inc., a Fortune 500 company and
maker of binder, adhesive, coating and ink resins for industrial
applications
- Johnson Matthey, a specialty chemicals company focused on
catalysis, precious metals, fine chemicals and process
technology
- Omron Management Center of America, Inc., which markets and
distributes automation components, equipment, and systems in the
United States and Canada
- Reliance Worldwide Corporation, maker of thermostatic water
control valves
"CompAnalyst provides us with insightful, purposeful market data
that supports the needs of our organization," said Tracy O'Connor,
human resources manager at Johnson Matthey. "We have tried various
marketing analysis and compensation tools that have proven over
time to be less convenient, less reliable and less encompassing
than CompAnalyst Market Data."
Helping customers make smarter, informed decisions regarding pay
strategies and create a pay-for-performance culture, CompAnalyst
Market Data is one of the industry's most trusted sources of
HR-reported compensation data. Designed and managed by Certified
Compensation Professionals®, CompAnalyst Market Data incorporates
the best practices of compensation market pricing in a platform
that is easy to use and always up to date.
"CompAnalyst Market Data is relied upon by compensation
professionals in thousands of companies large and small," said
Brent Kleiman, SVP, marketing & strategy at Salary.com. "Our
Software-as-a-Service model speeds implementation and scales to any
business' needs, making it the clear choice for compensation market
pricing."
CompAnalyst Market Data delivers employer-reported compensation
data that enables companies to benchmark and market price jobs
easily and accurately. It provides a comprehensive database of 100
percent HR-reported market data and is the only resource that draws
from several hundred survey sources. The data is analyzed and
adjusted by Salary.com's team of Certified Compensation
Professionals and provides the most up-to-date and readily usable
market pricing data available anywhere.
CompAnalyst Market Data enables companies to:
- Attract and retain top talent with validated, competitive pay
rates,
- Ensure market pay competitiveness with 100 percent
employer-reported data,
- Benchmark against up-to-date information with automatic,
monthly updates,
- Easily customize data by scoping, aging, and blending, and
- Access data for more than 3,900 jobs and 21 industries across
the United States and Canada
For more information on CompAnalyst, visit www.salary.com.
About Salary.com, Inc. Salary.com™ is a
leading provider of on-demand talent management, payroll, and
compensation 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.
Certified Compensation Professional is a registered trademark of
WorldatWork.
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