profile updated Apr 15, 2008, 4:42 PM
Consumers, and businesses, can get basic salary information for free. For many, just knowing the range of pay for a job in their community is enough. More detailed information costs in the range of $30-$50 per report, depending. The paid reports have a much higher degree of precision, comparing the individual's experience, education, and skills to other individuals in similar jobs. And we should point out, benefits information is also included.
The big money-maker for Salary.com, and why it has some 70 people in its sales department, are the subscription programs for businesses. The client base includes such recognizable names as Toys R'Us and Home Depot and less recognizable small firms such as Hickory Farms and LaCrosse Footwear. Companies know they need to pay a competitive wage and Salary.com delivers them the information they need. Salary.com spends $4 million a year on research, gathering corporate and small business pay and benefits from a variety of sources, including from consumers themselves.
Salary.com today offers a range of services for companies. Its website accepts display advertising and sells third-party services to job seekers. Our product listing below hits the the broad topics.
The company is not without competitors - SuccessFactors, Authoria, and many of the payroll processing companies sell aggregated data. There is no question, however, that Salary.com is the market leader. So, considering its many revenue streams, market presence, distribution network and all, why can't the company make a buck? For the fiscal year ending March 2007, Salary.com posted an $8 million loss, more than twice that of the year before and more than triple the loss of the year before that.
News & Updates 
Products & Services
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Salary Wizard
Compensation data, including base pay, benefits and bonus for consumers and single inquiries from HR departments and hiring managers. Self-service tool provides base information for free. More detailed information and analysis carries a fee. Salary data is based on data from more than 10,000 U.S. public companies. It includes base, bonus and incentive pay information. -
CompAnalyst
Compensation management software provided as software-as-a-service. Geared toward larger companies with ongoing need for compensation intelligence and strategic management. Integrates company data, third party survey data, and customer's own pay data. -
Professional Edition
Compensation intelligence for small businesses.