SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549

FORM 8-K

CURRENT REPORT ~~PURSUANT TO SECTION 13 OR 15(d) OF~~

~~THE~~PURSUANT ~~SECURITIES~~TO ~~EXCHANGE~~SECTION 13 ~~ACT~~OR 15(d) OF ~~1934~~THE

~~Date~~SECURITIES ofEXCHANGE ~~Report~~ACT ~~(Date~~OF of1934 ~~earliest event reported): June 25, 2010~~

Date of Report (Date of earliest event reported): July 7, 2010

SALARY.COM, INC.

(Exact name of registrant as specified in its charter)

Delaware

(State of incorporation or organization)


001-33312		04-3465241
(Commission file number)		(I.R.S. employer identification no.)

160 Gould Street, Needham, Massachusetts 02494

(Address of Principal Executive Offices) (Zip code)

Registrant’s telephone number, including area code: (781) 851-8000

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

¨	Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

¨	Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

¨	Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

¨	Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Item 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

(e)

On ~~June 25~~July 7, 2010, Salary.com, Inc. (the “Company”) entered into ~~Change~~a inSeverance ~~Control~~and ~~Agreements~~Retention ~~(the~~Bonus ~~“Agreements”)~~Agreement with ~~each of Bryce Chicoyne,~~ Yong Zhang, ~~and~~the ~~Teresa~~Company’s ~~Shipp~~Executive asVice ~~well~~President, asPresident ~~certain other members~~ of ~~management~~Global ~~(each~~Operations, anChief ~~“Executive”).~~Operating ~~Each Agreement~~Officer ~~provides~~and ~~that~~Chief ~~if,~~Technology ~~during~~Officer. Under ~~the~~this ~~six-month period following a change in control~~agreement, ~~the~~if ~~Executive~~Mr. Zhang’s employment is terminated ~~(other~~by ~~than for cause, death or disability) or~~ the ~~Executive~~Company ~~terminates~~without ~~his~~cause or ~~her~~by ~~employment~~Mr. Zhang for “good reason”, ~~such Executive~~he ~~will~~would be entitled to receive aan ~~lump~~amount ~~sum cash payment~~ equal to (1a) ~~his~~one oryear ~~her annual base salary in effect immediately prior to termination (or, if higher, as~~ of ~~immediately~~his ~~prior~~then tocurrent ~~the~~base ~~change~~salary ~~in control)~~ plus (2b) ~~his~~one oryear ~~her~~ of his target bonus, ~~for the fiscal year in~~ which ~~the change in control occurs. Ms. Shipp’s agreement also provides that she is entitled to receive an additional~~ amount ~~equal~~would tobe ~~the average commissions~~ paid ~~to her~~ in ~~respect~~cash ofover ~~fiscal years 2007, 2008 and 2009. These payments are payable within 30 days of the Executive’s termination following~~ a ~~change~~12 ofmonth ~~control and conditioned upon the Executive’s execution of a release~~period. The Agreements also provide that upon consummation of a change in control, all stock options and other stock-based awards held by the Executives will immediately accelerate and become fully exercisable or nonforfeitable as of the effective date of the change in control.

~~Under~~The ~~the~~agreement ~~Agreements,~~also aprovides that ~~“change~~Mr. Zhang inwill ~~control”~~be ~~includes~~entitled ~~(1) the~~to ~~consummation~~receive of a ~~consolidation~~bonus orof ~~merger~~$75,000 ofif ~~the~~he ~~Company~~remains ~~in which~~employed by the Company’s ~~stockholders~~in ~~would~~a ~~beneficially~~full-time ~~own~~capacity ~~less~~through ~~than~~December 31, ~~50%~~2010 ofor ~~our~~if ~~voting~~he ~~securities~~is ~~after~~terminated ~~such~~before ~~transaction~~that ~~and~~date ~~(2) a~~by ~~sale~~the ofCompany ~~all~~without ofcause. ~~substantially~~Mr ~~all~~Zhang ofalso agreed ~~the~~to ~~Company’s~~certain ~~assets~~covenants orfor ~~shares~~the benefit of ~~common~~the ~~stock~~Company.

The ~~Agreements~~above ~~terminate~~description onof ~~June~~the ~~25,~~Severance ~~2011~~and ifRetention ~~there has not been a change in control prior to such date. In addition, each~~Bonus ~~Executive’s~~ Agreement ~~will terminate if (1) the Executive’s employment~~ is ~~terminated for any reason prior to~~ a ~~change~~summary inand ~~control, (2) the Executive’s employment~~ is ~~terminated~~qualified byin ~~the~~its ~~Company~~entirety ~~with cause,~~ by the ~~Executive without~~Severance ~~good~~and ~~reason~~Retention orBonus ~~due~~Agreement toitself, ~~Executive’s~~which ~~death~~is orfiled ~~disability~~as ~~prior~~Exhibit 10.1 to athis ~~change~~Current inReport ~~control~~on ~~or (3)~~Form ~~Executive’s~~8-K ~~employment~~and is ~~not~~incorporated ~~terminated~~herein ~~within~~by ~~six months following a change in control~~reference.

The foregoing description is a summary of the Agreements and should be read in conjunction with the full text of the Form of Change in Control Agreement which is attached to this Current Report on Form 8-K as Exhibit 10.1 and is incorporated herein by reference.

Item 9.01.

Financial Statements and Exhibits.

(d)

Exhibits.

Exhibit No.		Description
10.1		~~Form~~Severance ofand ~~Change~~Retention inBonus ~~Control~~ Agreement ~~by and~~ between Salary.com, Inc. and ~~the~~Yong ~~Executive~~Zhang ~~named~~dated ~~therein.~~July 7, 2010

SIGNATURE

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

	SALARY.COM, INC.		~~SALARY.COM, INC.~~
Date: June 25, 2010			By:	/s/ Paul Daoust
Date: July 12, 2010	By:	/s/ Bryce Chicoyne
				Paul Daoust President and Chief Executive Officer
		Bryce Chicoyne
		Senior Vice President and Chief Financial Officer

Exhibit Index

Exhibit No.		Description
10.1		Form of Change in Control Agreement by and between Salary.com, Inc. and the Executive named therein.

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