Salary.com Strengths, Domain Expertise, and Key Differentiators
Salary.com is reshaping the compensation management software and data market with user-friendly tools for effective compensation management and accurate HR-reported market data. The addition of Job Architect in 2020, a robust job description management tool, enhances hiring processes by ensuring accurate and up-to-date job descriptions. Job Architect can be utilized independently or seamlessly integrated into Salary.com's CompAnalyst platform, solidifying its position as a leading solution in the industry.
Salary.com Recent Developments
Salary.com recently launched a series of new products, including the Pay Equity Reporting Toolkit and JobArchitect, which streamline the job description management process. The company’s flagship offering CompAnalyst, offers reliable HR-reported compensation data set needed to market price jobs.
Salary.com Mergers and acquisitions (M&A) Activities
In November 2023, Salary.com has acquired CompXL, the enterprise compensation planning management platform developed by HCR Software. This strategic move enhances Salary.com's CompAnalyst® into a comprehensive Total Compensation Management Platform (TCM), combining proprietary back-end technologies with a flexible, scalable, and cloud-ready solution in a familiar spreadsheet format, further solidifying its position in total compensation management software and data solutions.
In September 2020, Salary.com acquired Turetsky Consulting, deepening the company’s domain expertise in people analytics and talent intelligence.
Salary.com was acquired by Kenexa in 2010, and IBM acquired Kenexa in 2012. The original team, in partnership with co-investors H.I.G. Capital and Prudential Capital Group, have reacquired Salary.com from IBM in 2016, along with related compensation offerings.
Salary.com Customers in ARTW Customer Database
Leveraging a rigorous data-centric research methodology, APPS RUN THE WORLD asks the simple question: Who’s buying Salary.com applications and why? And we provide the answers – supported by decades of research – to our clients around the world. Our Customer database has over 100 data fields that detail company usage of Salary.com and other enterprise apps by function, customer size, industry, location, implementation status, partner involvement, Line of Business Key Stakeholders and IT decision makers contact details. List of Verified CompAnalyst, customers.
Salary.com Overview
Ownership: - Accel-KKR Credit Partners, Centre Lane, Wells Fargo Capital Finance
Number of Employees: 300
Functional Market: Compensation,
Key Verticals: Aerospace and Defense, Automotive, Banking and Financial Services, Communications, Construction, Real Estate, Consumer Packaged Goods, Distribution, K12, Higher Education, Federal Government, State and Local Government, Public Safety, Healthcare, Life Insurance, P&C Insurance, Specialty Insurance, Leisure and Recreation, Hospitality, Life Sciences, Manufacturing, Media, Youth and Elderly Care, Oil and Gas, Chemicals, Professional Services, Retail, Transportation, Utilities,
Salary.com Key Cloud and HCM Applications
CompAnalyst,
Salary.com HCM and Cloud HCM Applications Revenues, $M:
| Type/Year | 2022 | 2023 | YoY Growth, % |
|---|---|---|---|
| Total Revenues, $M | Subscribe | Subscribe | Subscribe |
| HCM Applications Revenues, $M | Subscribe | Subscribe | Subscribe |
* HCM Applications Revenues = License + Support & Maintenance + SaaS ( Hardware and Prof. Services are Excluded )
** All revenue figures are estimates based on public records, Cloud and Non-Cloud business models in Apps Run The World's vendor database, and annual survey results including vendor feedback.
Salary.com Revenue Breakdown by Type:
Salary.com HCM Applications Revenues By Sub-Functional Markets, $M:
Split by Sub-Functional Markets | % of HCM Revenue in the HR Segment | 2023 HCM Revenues, By HR Segment, $M | |
Salary.com HCM Applications Revenues By Verticals, $M:
Salary.com Total and HCM Applications Revenues by Region:
| Region | % of Total Revenues | 2023 Total Revenues, $M | 2023 HCM Applications Revenues, $M |
|---|---|---|---|
| Americas | Subscribe | Subscribe | Subscribe |
| EMEA | Subscribe | Subscribe | Subscribe |
| APAC | Subscribe | Subscribe | Subscribe |
| Total | Subscribe | Subscribe | Subscribe |
Salary.com Direct vs Indirect sales
| Region | Direct Sales | Indirect Sales | Total |
|---|---|---|---|
| Type % | Subscribe | Subscribe | Subscribe |
| Revenues, $M | Subscribe | Subscribe | Subscribe |
Salary.com Customers - Breakdown by Geo, Size, Vertical and Product
List of Verified Salary.com Customers
No. of Salary.com Customers: 15000
No. of Salary.com HCM Applications Customers: 15000
No. of Salary.com Cloud HCM Customers: 15000
No. of Salary.com Cloud HCM Subscribers: x
Salary.com serves serves over 30,000 survey participant organizations, over 8,000 business-to-business software subscribers, and over 45 million employees globally. Some of Salary.com's customers are: Pepsico, Hertz, Wegmans, Ralph Lauren, Seagate, The Cheesecake Factory, UC Irvine Health Medical Group, Percolate, Trace Link Life Sciences Cloud, and many more.
Salary.com Market Opportunities, M&A and Geo Expansions
In April 2021, Salary.com has secured $67M in funding in a financing round led by Accel-KKR Credit Partners, Centre Lane, and Wells Fargo Capital Finance. Prior investors H.I.G. Capital and Salary.com management also participated. The new capital will be used to accelerate innovation and add more than 100 jobs at Salary.com's headquarters in Waltham.
Salary.com Risks and Challenges
Over the last few years, more companies have seen the need for tools to manage their compensation data to price jobs and map them to their internal company jobs. Short term, compensation specialists realize they need to pay for premium HR- reported data rather than using free crowd-sourced data online, but time will tell.
Salary.com Ecosystem, Partners, Resellers and SI
Salary.com appointed Derek Beebe as Senior Vice President of Worldwide Sales. With a proven track record of success at Willis Towers Watson, PeopleFluent, Authoria, and Advanced Information Management (AIM), Beebe moves to his new post at Salary.com with deep domain expertise, strong industry relationships, and a keen understanding of the needs of compensation and human resources professionals.
Salary.com Cloud Platform (PaaS) and Infrastructure (IaaS) Details
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- Salary.com Public Cloud and Infrastructure (IaaS)
- Salary.com Platform (PaaS)
- Salary.com Application Delivery
- Salary.com Private Cloud and Data Centers
Research Methodology
Data used in research reports are derived from publicly available documents, continuous surveys of applications vendors, customers, resellers, Independent Software Vendors, systems integrators and other verifiable sources.
Vendor shares and market forecast results are based on a combination of existing databases as well as demand side and supply side research conducted throughout the year with validation from vendors, customers, channel partners and documentations such as earnings releases and 10Q and 10K filings, vertical industry studies, regional and country-level statistics from public and private institutions(i.e. colleges, universities, government agencies and trade associations).
For additional information on our methodologies, here's the link:
https://www.appsruntheworld.com/taxonomy
https://www.appsruntheworld.com/FAQ
