Salary.com, Inc. is a provider of on-demand compensation, payroll, human resource management, performance management and competency management solutions in the human capital software-as-a-service (SaaS) market. The Company offers software and services that are integrated with its data sets to help businesses and individuals manage pay and performance. The Company’s configurable software applications and content and its consulting services help executives, line managers and compensation professionals automate, and optimize talent management processes, such as market pricing, compensation planning, performance management, competency management (a competency is a set of demonstrated behaviors, skills and proficiencies that determine performance in a given role) and succession planning. On December 17, 2008, the Company acquired Genesys Software Systems, Inc., a provider of on-demand and licensed human resources management systems and payroll solutions.