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Reed Elsevier Selects Taleo to Help Identify Top Talent and Build Talent Pool
Leading Global Publisher Streamlines Recruiting Processes and Boosts Internal Mobility with On-Demand Talent ManagementLondon, 29 Oct 2009 - Taleo (NASDAQ: TLEO), the leading provider of on-demand talent management solutions, today announced that Reed Elsevier, a global publishing company, has implemented Taleo to improve its ability to attract the best talent and better enable internal mobility within the organisation.
Reed Elsevier is a leading worldwide publisher that produces a wide range of legal, scientific and business publications. With a global workforce of 35,000, Reed Elsevier has access to a high volume of talented individuals across divisions and locations. However, without a unified system in place to bring this information together, Reed Elsevier’s HR teams were unable to make the most of the available talent pool.
Following a competitive tender process involving seven other vendors, the company selected Taleo Recruiting™ for its consistent candidate interface, flexibility of configuration and reporting capabilities.
"We needed to find a way to move our best people within business units, divisions and geographies, as well as recruit the best talent externally," commented Nigel Cope, Programme Manager at Reed Elsevier. "It's far better to lose an employee to another department in the business than to a competitor. Taleo's technology has enabled us to build and draw from a pool of talent within our organisation."
Taleo's solution was first implemented in the UK, followed by the rest of Europe, North America and Asia Pacific. Results have been very positive, with 200 recruiters using the system every day. Automating numerous paper-based processes has saved HR staff both time and resources. Most importantly, Reed Elsevier's HR teams are now able to identify the movement of talent within the organisation and access skills information on the individuals within its talent pool.
"The company's large talent pool was potentially a great competitive advantage for them, but they had no way of effectively managing this asset," Chris Phillips, VP of International Marketing at Taleo explained. "As well as making this internal information accessible, Taleo has implemented a career portal to ensure a consistent and easy-to-use candidate experience. Reed Elsevier was keen to drive a more holistic approach to recruitment so that whichever route applicants take into the organisation, the experience is equally positive."
About Taleo
Taleo (NASDAQ: TLEO) is the leader in on demand unified talent management solutions that empower organizations of all sizes to better understand and engage their best talent for improved business performance. More than 4,100 organizations use Taleo for talent acquisition and performance management, including 46 of the Fortune 100 and over 3,400 small and medium sized businesses across 200 countries and territories. Known for its strong configurability and usability, Taleo runs on a world-class infrastructure and offers 99.9% availability. Taleo's Talent Grid harnesses the resources of the Taleo community of customers, candidates, and partners to power the talent needs of companies around the world.
Forward-looking Statements
This release contains forward-looking statements, including statements regarding the demand for Taleo's solutions and results from use of Taleo's solutions. 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 II, Item 1A of Taleo's Quarterly Report on Form 10-Q, as filed with the SEC on August 7, 2009, and in other reports filed by Taleo with the SEC.
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