Asset Manager

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Salary.com

Salary.com is a US-based company founded in 1999 in Waltham, Massachusetts. It offers compensation data, software, and services to businesses and individuals.

Salary.com

Salary.com is a US-based company founded in 1999 in Waltham, Massachusetts. It offers compensation data, software, and services to businesses and individuals. The company has secured $68.5 million in total funding.

General information

Firm type

Asset Manager

Year founded

1999

Location

Region

North America

Country

United States

City

Waltham

Corporate office

Waltham, MA, United States

Principals

Kent Plunkett

CEO

Sector focus

Enterprise SoftwareHR Tech

Frequently asked questions

Who runs Salary.com?

Kent Plunkett is the founder and CEO. He has led the company since its launch in 1999, steering it through an IPO, an IBM acquisition, and the 2018 buyback that returned it to private ownership. Plunkett was also the founder of Saba Software.

How does Salary.com source its compensation data?

The firm aggregates salary and benefits data from employer-reported surveys, HRIS integrations from participating clients, and public government filings. This triangulated approach allows it to model market compensation rates for specific job titles, industries, and geographies in the United States and Canada.

What was Salary.com's ownership path after the original sale?

IBM acquired Salary.com in 2012 for approximately $291 million. The assets were later sold to the private equity firm Golden Gate Capital and combined with a portfolio company called Kenexa. Kent Plunkett reacquired the core consumer and enterprise compensation data business in 2018, taking it private.

Does Salary.com operate a SaaS platform or just publish data?

It operates a SaaS platform. Enterprise clients subscribe to tools for job description management, salary benchmarking, pay equity audits, and compensation planning. The platform also offers an API for integrating salary data into other HR software like Workday and ADP.

What is the current ownership structure?

Salary.com is a privately held company. Kent Plunkett, its founder, led a group of investors in purchasing the assets back from the IBM-Golden Gate entity in 2018. It is not a family office; it operates as a venture-backed or independently held SaaS company in the HR technology sector.

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