Salary.com Delivers Record 2018 with 70% Increase in Bookings

Press Release from Salary

WALTHAM, Mass., April 3, 2019 /PRNewswire-PRWeb/ -- Salary.com, the leading SaaS provider of cloud-based compensation data and analytics, today announces record results for Fiscal Year 2018, ended December 31, 2018, with a more than 70% increase in bookings year-over-year, and a more than 100% increase in new customers year-over-year, as compared to Fiscal Year 2017.

"2018 was a transformational year for Salary.com, marking the launch of our all-new CompAnalyst for Enterprise software and analytics platform," said Kent Plunkett, Founder and CEO of Salary.com. "We are thrilled with our continued product-led growth, and could not be more excited to welcome our new customers to the Salary.com family. The results we are announcing today underscore our continuing commitment to driving innovative product development and delivering a best-in-class customer experience."

In addition to the launch of their award-winning CompAnalyst for Enterprise platform, Salary.com also celebrated their acquisition of Compdata Surveys & Consulting in 2018, expanding their survey practice to include data from more than 25,000 participating organizations across 14 industries. The Company also released numerous new product enhancements, including short- and long-term incentive data sets, HR-reported aggregate market data sets in 12 additional countries, streamlined salary structures modeling and management capabilities, persona-based dashboards, and expanded executive pay pricing and reporting functionality.

"Salary.com's focus on continued product innovation delivers unparalleled functionality to customers across all categories," commented Yong Zhang, President and COO. "We continue to expand our award-winning CompAnalyst platform, delivering critical functionality to customers and helping them manage their compensation, HR, and recruiting workflows more effectively."

About Salary.com

Salary.com is the leading consumer and enterprise resource for compensation data, software, consulting, and education. For nearly 20 years, the Company has not only helped people understand their worth – Salary.com has also helped organizations attract and retain top talent by enabling smarter pay decisions. Today, Salary.com serves more than 8,000 customers, 25,000 participating organizations in its surveys, and millions of consumers each year by connecting them with critical pay, benefits, and career data they need to be successful. 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 http://www.salary.com.

SOURCE Salary.com

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