Compensation data is extremely important, not just for workers trying to figure out how much their time is worth, but also for companies hoping to compete for top talent. However, market data about pay and benefits is hidden away behind taboos about discussing this information on the employee side, and the opaque phrase "competitive compensation" on the business side.
Salary.com was the first company to truly recognize the need for this information and to bring together compensation data into a single service which employers and employees alike could use to determine what "competitive compensation" really means. Founded in 1999 among the first wave of dot-com businesses, it went public in 2007, was acquired in 2010 and integrated into IBM's cloud business, then later sold back to the original founding team.
This return to startup mode has given Salary.com a new lease of life, and an influx of investor capital has helped. While it is no longer alone in its field, competing with heavyweights like Greenhouse and Salesforce in the HRtech sector, it is lead by an extremely experienced team and the brand has considerable cachet in the business world. With enormous growth opportunities ahead, Salary.com is well poised to retain and expand its lead in the compensation services category.
Kirsty
Company Specialist at Welcome to the Jungle