New Product Suite Wins 2017 Digital Innovation Award for HCM from Ventana Research
LAS VEGAS – October 11, 2017 – Salary.com, the leading SaaS provider of broad cloud-based compensation data and analytics, unveils its all-new CompAnalyst for Enterprise at the HR Technology Conference and Exposition in Las Vegas. With today’s launch, Salary.com reimagines its flagship product suite to deliver compensation professionals dramatically improved workflow speed, expanded pay accuracy with machine learning, and proactive analytics. By improving data visibility and relevance, and by significantly enhancing efficiency for clients, the Company continues its commitment to helping organizations pay fairly, optimize engagement, and drive improved performance.
Differentiated by a powerful and intuitive user experience, a groundbreaking information and job architecture, and unrivaled advanced visual analytics, the new CompAnalyst was recently awarded the 2017 Digital Innovation Award in the Human Capital Management Category by Ventana Research. With the Digital Innovation Awards, Ventana Research, one of the most authoritative and respected benchmark business technology research and advisory services firms, recognizes technology providers who have introduced noteworthy innovations in technology that contribute significantly to the improved efficiency, productivity, and performance of an organization.
Commenting from the exposition, Kent Plunkett, Founder and CEO of Salary.com said, “Today’s launch delivers exponentially on all we envisioned when we bought this business back from IBM eighteen months ago. It has been our legacy to exceed the expectation of customers with exceptional and relevant technology, enabled and advanced by our own deep team of compensation professionals. We remain steadfastly focused on that customer-centric technology vision and have invested disproportionately to develop and engineer our powerful CompAnalyst suite for Enterprise. Customer and industry analyst feedback at HR Tech has been a strong and important validation of our innovation strategy to remain at the forefront of a fast-changing compensation landscape. We could not be more enthusiastic about bringing this new product suite to market – and to our customers.”
As organizations look to address a five-generation workforce, evolving performance and merit models, highly competitive talent markets, and ongoing employee engagement and retention challenges, the work of human resources is changing dramatically. Compensation professionals are navigating a new set of dynamics with the rise of crowd-sourced data, internal salary compression with new hires and hot jobs, and ever-increasing demands for transparency and accountability around pay practices. Accelerating compensation processes, providing data accuracy and breadth, delivering ease-of-use and flexibility with automated solutions, and informing real-time decisions with actionable visual analytics are more essential than ever before.
At the forefront of the compensation movement, Salary.com delivers a modern set of high-impact features with its newest CompAnalyst solution for Enterprise, including:
- An intuitive consumer-like user interface that accelerates processes and drives a continuous workflow through universal search, integrated dashboards, and in-line GPS navigation bars.
- A proprietary job architecture that expands and contextualizes job data and informs internal structures and taxonomies for streamlined job matching.
- Advanced imbedded visual analytics that deliver actionable insights around internal and external data, and trigger alerts and in-line notifications to drive proactive actions and interventions, including at-risk employee flags and recommendations for job matches.
- Web-authoring for HR analytics that enables users to build customized reports and visualizations around any compensation or HR data point, including external data from any system, to address specific organizational challenges.
- Collaboration tools to streamline onboarding, compensation projects, and data exchange in a secure virtual workspace accessible across internal and external teams.
- Responsive design delivering a seamless user experience across all mobile devices for anywhere, anytime workflow and data sharing.
Plunkett further commented “Since re-acquiring the business from IBM, we have been focused on our customer experience, driving category-leading innovation and distinctive service. We are excited to have won the 2017 Digital Innovation Award for the broad Human Capital Management category for our CompAnalyst product release. This honor follows our recent recognition with a 2017 Stevie Award for Customer Service. These awards reflect a commitment to innovation and service excellence that has driven us to be the leaders in compensation management.”
Salary.com is the leading SaaS provider of cloud-based compensation market data and analytics. Founded in 1999, the Company serves more than 5,000 enterprise customers worldwide with its market-leading CompAnalyst platform, designed to accelerate compensation workflows and improve efficiency. In addition, through its Salary Wizard and consumer website, Salary.com delivers continually updated, reliable market pay data and career content to hundreds of thousands of consumers each year. The company is committed to helping organizations drive company success by aligning compensation practices with recruiting, performance and development initiatives through easy-to-access data and meaningful insights. For more information, please visit the company website at salary.com.
To receive a demo of the new CompAnalyst for Enterprise, please visit the Salary.com booth (#3921) at the HR Technology Conference and Exposition in Las Vegas this week, or sign up online at www.companalyst.com/demo.