How to return the new inserted value for identity column ?

Any there possible to return inserted value for an indentity column? i know this is possible to using 'Output' on  SQL 2005. Please advise. Thanks.

Example on SQL 2005:
CREATE TABLE dbo.EmployeeSales
( EmployeeID   int IDENTITY (1,5)NOT NULL,
  LastName     nvarchar(20) NOT NULL,
  FirstName    nvarchar(20) NOT NULL,
  CurrentSales money NOT NULL,
  ProjectedSales AS CurrentSales * 1.10
);
GO
DECLARE @MyTableVar table(
  LastName     nvarchar(20) NOT NULL,
  FirstName    nvarchar(20) NOT NULL,
  CurrentSales money NOT NULL
  );

INSERT INTO dbo.EmployeeSales (LastName, FirstName, CurrentSales)
  OUTPUT INSERTED.LastName,
         INSERTED.FirstName,
         INSERTED.CurrentSales
  INTO @MyTableVar
    SELECT c.LastName, c.FirstName, sp.SalesYTD
    FROM HumanResources.Employee AS e
        INNER JOIN Sales.SalesPerson AS sp
        ON e.EmployeeID = sp.SalesPersonID
        INNER JOIN Person.Contact AS c
        ON e.ContactID = c.ContactID
    WHERE e.EmployeeID LIKE '2%'
    ORDER BY c.LastName, c.FirstName;