Salary.com(TM) Expands Talent Management Offering With Launch of TalentManager(R) Professional Edition for Small & Medium Businesses; Signs First Customer
Edney Distributing Company Plans for the Future With Salary.com's TalentManager Professional Edition
WALTHAM, MA--(Marketwire - April 17, 2008) - Salary.com,
Inc. (NASDAQ: SLRY), a leading provider of on-demand compensation and
talent management solutions, today announced that Edney Distributing Co. Inc. of South
Dakota, a value added wholesale distributor for global farm and industrial
equipment manufacturers, will deploy
TalentManager® Professional to automate performance reviews and
compensation planning.
TalentManager is a leading on-demand performance management and
compensation software suite that helps employers easily automate
pay-for-performance programs. Designed with proprietary compensation and
competency data at the core, TalentManager allows businesses of all sizes
to administer critical talent management processes, streamline workflows
and implement best practices quickly and cost effectively to optimize
employee performance and deliver outstanding results.
The Professional Edition is designed specifically for the needs of small &
medium sized businesses with fewer than 500 full-time employees and aims to
make pay and performance processes easy and hassle free. According to
recent Salary.com research, over 70 percent of companies polled depend on
spreadsheet-driven or manual processes for compensation planning and
performance management. These manual tasks increase the risk of error and
consume a great deal of time to implement, manage and maintain. With
TalentManager Professional, small and medium-sized companies can easily
automate their existing processes with an affordable on-demand solution and
spend less time administering programs and more time focusing on core
business objectives such as aligning goals, developing talent and
delivering business results. Professional Edition, a new version of
Salary.com's existing enterprise solution, provides no barriers to
adoption, can be deployed quickly and can grow with smaller organizations.
With five dealer support centers in four different states in north central
United States, Edney Distributing Co. Inc. of South Dakota supplies more
than 1,000 retail equipment dealers with attachments and specialized farm
equipment. As the company has grown, so has its need to formalize
pay-for-performance measures and leverage technology to ensure that
employees are being rewarded for attaining the corporate goals.
"Customer satisfaction is our number one priority so to drive the right
type of performance, we need to align our employee goals against our
corporate mission to ensure every customer is 100 percent satisfied," said
Jennifer Edney, organizational development manager, Edney Distributing Co.
Inc. "Salary.com's TalentManager Professional is exactly the type of
solution we were seeking to communicate corporate goals, engage our
employees in the performance management process and empower managers to set
and enforce performance expectations. We found a solution that fits with
our company size and most importantly within our budget."
"Companies like Edney recognize that talent management plays a critical
role in long-term organizational sustainability and success," said Brent
Kleiman, vice president, small and medium business, Salary.com. "Our
TalentManager Professional edition is the perfect solution for a small to
medium sized business and will provide Edney with the
easy-to-use tools they need to attract, retain and reward their employees
at a price they can afford."
About Edney Distributing Co. Inc.
Edney Distributing Co. Inc., established in 1951 and located in Huron, SD
is a value added wholesale distributor of Farm Equipment, Turf Maintenance
& Forestry Equipment, and Light Industrial Equipment. Edney supplies over
1,000 retail equipment dealers in South Dakota, North Dakota, Minnesota,
Wisconsin, northern Iowa, upper Michigan, northern Illinois and eastern
Montana with innovative attachments and specialized farm equipment from
manufacturers around the world.
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 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.
Contact Information: Note to editors: Trademarks and registered trademarks referenced herein
remain the property of their respective owners.
Media Contact:
Karen Peabody
Salary.com, Inc.
781-464-7544
press@salary.com