Salary.com Strengths, Domain Expertise, and Key Differentiators
Salary.com is reinventing the compensation management software and data market by developing simple tools that enable companies to manage their compensation, as well as provide the most accurate HR-reported market data for employee compensation. In 2020, Salary.com added Job Architect, a powerful job description management tool to keep job descriptions accurate and up-to-date — adding velocity to hiring the right people at the right pay. Job Architect can be used as a stand-alone product or as an integrated part of Salary.com’s leading CompAnalyst platform.
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 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.
Ownership: - Accel-KKR Credit Partners, Centre Lane, Wells Fargo Capital Finance
Number of Employees: 225
Functional Market: Compensation Management,
Key Verticals: Aerospace and Defense, Automotive, Banking and Financial Services, Communication, Construction, Real Estate, Consumer Packaged Goods, Distribution, K352, 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
Salary.com HCM and Cloud HCM Applications Revenues, $M:
|Type/Year||2020||2021||YoY Growth, %|
|Total Revenues, $M||Subscribe||Subscribe||Subscribe|
|HCM Applications Revenues, $M||Subscribe||Subscribe||Subscribe|
|Cloud 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:
|Type||License||Prof. Services||Hardware||Support & Maintenance||SaaS||PaaS||IaaS||Other (Non Enterprise Application Revenues)||Total|
|% of Total Revenues||Subscribe||Subscribe||Subscribe||Subscribe||Subscribe||Subscribe||Subscribe||Subscribe||100%|
Salary.com HCM Applications Revenues By Sub-Functional Markets, $M:
Split by Sub-Functional Markets
2021 HCM Revenues, By Sub-Functional Markets, $M
Salary.com HCM Applications Revenues By Verticals, $M:
Salary.com Total and HCM Applications Revenues by Region:
|Region||% of Total Revenues||2021 Total Revenues, $M||2021 HCM Applications Revenues, $M|
Salary.com Direct vs Indirect sales
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Salary.com Customers - Breakdown by Geo, Size, Vertical and Product
No. of Salary.com Customers: 8000
No. of Salary.com HCM Applications Customers: 8000
No. of Salary.com Cloud HCM Customers: 8000
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)
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- Salary.com Private Cloud and Data Centers
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).
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