#USA #New York #Revelio Labs #Salary Board #HR Analytics

Revelio Labs Acquires Salary Board to Boost Global Compensation Analytics

In a significant move to expand its influence in the HR analytics market, Revelio Labs, the leading workforce intelligence firm, has announced its acquisition of Salary Board. This strategic partnership promises to enhance Revelio's extensive collection of workforce data and strengthen its ability to provide detailed compensation analytics.

Founded with the mission to deliver real-time compensation data and labor market insights, Salary Board has established a commendable reputation within the HR community. By joining forces with Revelio Labs, the company seeks to amplify its reach and effectiveness in all corners of the globe.

This acquisition has been hailed as a major step forward by both companies. Ben Zweig, the CEO of Revelio Labs, expressed his enthusiasm for the collaboration, saying, "We have respected the Salary Board team for a long time and are thrilled to join forces. By integrating Salary Board's team, data, and models into our own platform, we're ensuring that we can best serve clients by staying at the cutting edge of workforce intelligence."

Madu Ionascu, the founder of Salary Board, echoed this sentiment, describing the acquisition as a thrilling new chapter. He asserts that merging with Revelio will not only broaden their capabilities but also enable them to promote transparency and accuracy in compensation data on an even larger scale.

As part of the integration process, Salary Board's extensive database of global compensation metrics will be merged into Revelio’s universal HR database. This combination of resources is expected to yield unprecedented insights for employers, HR professionals, and analysts. The collaboration is likely to enhance the precision of analytics while providing a wider array of data and insights to better inform decision-making processes in workforce management.

The impact of this acquisition will be felt globally. Salary Board has made strides in Europe and Asia, establishing strong connections with Fortune 500 companies, government entities, and consulting firms. This established network will enable Revelio Labs to facilitate its international expansion while serving a broader client base.

Immediate plans are already underway following the acquisition. The two organizations are collaborating closely on product integration and refining their go-to-market strategies. The focus will be on refining and developing new analytics solutions that take full advantage of the combined datasets, paving the way for advanced tools used in predictive workforce planning, job architecture, and pay equity analysis.

Revelio Labs has redefined labor market understanding with its pioneering platform that processes and standardizes millions of public employment records. By acquiring Salary Board, they are set to enhance their capabilities further, empowering business leaders and HR professionals to make more informed, data-driven talent decisions.

About Revelio Labs

Revelio Labs has established itself as a trailblazer in workforce intelligence by constructing the world's first universal workforce database. The company's detailed labor market analysis enables organizations to conduct thorough talent assessments and strategic workforce planning. With this acquisition, Revelio Labs is poised to uphold its status as a leader in the HR analytics industry and continue delivering unparalleled insights into employment trends.

The acquisition of Salary Board goes live immediately, and joint efforts are already in progress to leverage the strengths of both companies, setting a precedent for the future of workforce analytics in the HR sector.