Taleo and Thomas International expand relationship with integrated Recruiting and Recruitment Assessment Solution directed at Small and Medium- Sized Enterprises (SME)
Dublin, CA - November 24, 2008 –Taleo (Nasdaq: TLEO), the leading provider of on-demand talent management solutions and Thomas International, the global provider of on-demand business assessment tools, today announced a partnership to bring an integrated recruiting and talent assessment solution to the European market.
European small and medium-sized enterprises today face a number of challenges. Apart from the impending retirement of the “baby boom” generation, issues of diversity and equal opportunities legislation, talent is the key issue. Recent research by Boston Consulting Group shows managing talent and improving leadership development as the next five years’ top issue for organisations. Educational qualifications are mistrusted. Scientific, technical and soft skills are in short supply. Corporates are fighting the war for talent. Without robust recruiting and assessment systems, which contribute to a strong employee brand, SMEs could easily lose out. Once recruited, engagement and retention are becoming a huge issue, given the more mobile lifestyles and higher lifestyle expectations of Generation Y.
Under the terms of the agreement,
• Thomas International has integrated its personality assessment tools – based on 60 years of research, used in 60 countries and focused on core SME issues, with
• Taleo’s award winning Taleo Business Edition recruiting solution that is specifically designed for small and mid sized enterprises.
The combined offering includes a branded career website and the tools to attract, assess, hire and retain employees.
“Recruiting and retaining talent is the number one challenge for SMEs, and competing for world-class candidates is just one piece of the puzzle,” said Jason Blessing, group vice president and general manager, Taleo Business Edition. “With this alliance, Taleo and Thomas International are empowering SMEs with a compelling, high-value offering allowing them to better source and retain passive and active candidates. By comparing personality assessment reports to job profiles, candidate ‘Goodness-of-Fit’ can be measured and the candidate with the greatest potential for success identified.”
“Thomas International is pleased to expand it’s partnership with Taleo”, commented Rod Cornwell, International Development Director at Thomas International. “Combining Thomas’ 25 years in the behavioral assessment services business with a top tier SaaS provider of recruiting solutions, will provide our clients with robust talent acquisition tools to recruit, develop and retain top talent.”
About Taleo Business Edition™
Taleo Business Edition is the leading on demand recruiting solution for small to medium sized businesses. The Taleo Business Edition suite of products brings best in class functionality, ease of use, and state of the art security and technology to small and mid-sized companies at an affordable price. Leading companies worldwide use the Taleo Business Edition to source, hire and retain the employees needed to meet their business objectives.
Taleo is the leader in on demand unified talent management solutions that empower organizations of all sizes, around the world to assess, acquire, develop and align their workforce for improved business performance. More than 1,700 organizations use Taleo, including 35 of the Fortune 100, for talent acquisition and performance management, with over 1.2 million users hiring 3.6 million employees from 86 million candidates in more than 190 countries and territories. Known for its strong configurability and usability, Taleo's talent management platform runs on a world-class infrastructure and offers 99.9% availability.
About Thomas International
Thomas International is a global leader in the provision of on-demand behavioral assessments and reporting used to recruit, develop and retain top talent. Thomas International's behavioral assessments are delivered software-as-a-service (SaaS) and are designed to meet the unique requirements of small, mid-sized and enterprise level companies in every industry. For over 25 years Thomas International has enabled its clients to more effectively manage their human capital and with a presence in 60 countries and availability in over 56 languages. Thomas International is one of only a few truly global on-demand human resources solution providers focused on behavioral assessment. More than a million Thomas International software-as-a-service (SaaS) delivered assessments are completed each year. www.thomasinternational.net
This release contains forward-looking statements, including statements regarding Taleo’s future financial performance, market growth, the demand for and results from use of Taleo’s solutions and general business conditions. Any forward-looking statements contained in this press release are based upon Taleo's historical performance and its current plans, estimates and expectations and are not a representation that such plans, estimates, or expectations will be achieved. These forward-looking statements represent Taleo's expectations as of the date of this press announcement. Subsequent events may cause these expectations to change, and Taleo disclaims any obligation to update the forward-looking statements in the future. These forward-looking statements are subject to known and unknown risks and uncertainties that may cause actual results to differ materially. Further information on potential factors that could affect actual results is included in Part I, Item 1A of Taleo’s Annual Report on Form 10-K, as filed with the SEC on March 14, 2008, in Part II, Item 1A of Taleo’s Quarterly Report on Form 10-Q, as filed with the SEC on August 11, 2008, and in other reports filed by Taleo with the SEC.
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For Further Information Please Contact:
Thomas International (North America)
International Marketing Director
Thomas International (UK)
Phone: +44 162847 5366
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