Exclusive Agreement Valued at Over $1 Million Will Provide Career Seekers on Salary.com with Targeted eLearning Content
WALTHAM, Mass., Nov. 13 /PRNewswire/ --
Salary.com, Inc. (NASDAQ:SLRY), a leading provider of on-demand compensation and talent management solutions, today announced the launch of an exclusive partnership with EducationDynamics, owners of education web portals eLearners.com and EarnMyDegree.com, providers of resources to online learners that connects them with online learning providers. Salary.com selected EducationDynamics as its exclusive provider of eLearning content because of its comprehensive database of programs and information for students as well as its relationships with colleges and universities. The sponsorship plus the sales of content is expected to deliver over $1 Million in revenue to Salary.com over the next twelve months and complements the company's enterprise learning and development offerings.
Salary.com and EducationDynamics will work in partnership to enhance the user experience of the Salary.com Learning Center. Individuals can visit elearning.salary.com, an online career portal for job seekers and employees, to sign up for career advancement opportunities that improve their job prospects and maximize their earning potential. Visitors to Salary.com's Learning Center can select individual courses or even participate in full online degree programs. These online courses offer the perfect opportunity for people considering career changes or looking to improve their current skills because they can study without sacrificing time from their current jobs. By taking online classes students can set their own schedules and study from their homes. The agreement also gives eLearners exclusive sponsorship of the Learning Center including integration of course content and other relevant learning materials.
"We are excited to be partnering with EducationDynamics as the exclusive education provider across the Salary.com network," said Meredith Hanrahan, chief marketing officer. "The suite of education products and extensive school relationships that EducationDynamics offers will provide our users with an unparalleled continuing education resource to help them advance their careers and possibly boost their salaries."
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 professionals, executives and managers automate, streamline and optimize critical talent management processes including: market pricing, compensation planning, performance management, competency management, 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.
About EducationDynamics
EducationDynamics, LLC, a portfolio company of Halyard Capital, is a leading interactive marketing and information services company focused on helping higher education institutions find, enroll and retain students. Home to some of the most visible education websites, including EarnMyDegree.com, eLearners.com, GradSchools.com, and StudyAbroad.com, EducationDynamics is one of the leading providers of qualified leads for colleges and universities. In addition, the company offers a full suite of web-delivered products and services to manage a school's relationship with students across their entire life cycle from inquiry through enrollment to retention. For more information on EducationDynamics, please visit http://www.educationdynamics.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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DATASOURCE: Salary.com, Inc.
CONTACT: Rob Halpin of Version 2.0 Communications, + 1-617-426-2222,
Web Site: http://www.salary.com/