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 
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SuccessFactors A Leader Says IDC Report (BusinessWire)
SuccessFactors, a global provider of on-demand performance and talent management solutions, is named a leader in Integrated Talent Management in a recent study of HR software vendors by IDC, a provider of market intelligence, advisory services, and events for the information technology, telecommunications, and consumer technology markets
The report says, “SuccessFactors’ Talent management suite offers a prominent end-to-end solution leading the marketplace and illustrating the continuous circle and strategic interdependency of the various talent management functions within an organization."
Other companies reviewed in the $25,000 report (that is not a misprint) are: Authoria, Cornerstone, Halogen, Kenexa, Lawson, Oracle, PeopleSoft, Plateau Systems, Saba, Salary.com, SAP, Silkroad, Softscape, Stepstone, Taleo and Workscape.
Jan 8, 2009, 11:31 AM -
Salary.com Closes Acquisition of Genesys Software (BusinessWire)
Salary.com, Inc., a provider of on-demand compensation and talent management solutions, reported completing the acquisition of Genesys Software Systems, Inc. The company is a vendor of on-demand human resource management systems, benefits and payroll services.
Dec 18, 2008, 12:43 PM -
Bullhorn Snags Salary.com Exec For Biz Dev VP (Transworld News)
John McCammond has been named vice president of business development at Bullhorn. McCammond most recently served as vice president of business development at Salary.com Dec 17, 2008
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.