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UNITED KINGDOM - Taleo Edge Provides Reduced Recruitment Costs for Mid-Sized UK Companies
Affordable and Scalable Recruiting Solution Helps Companies Align Workforce to Business Goals and Increase Business ValueLondon – 11 February 2009 – Taleo Corporation, the leading provider of on-demand talent management solutions, today announced its new offering for mid-sized UK companies, Taleo Edge. Taleo Edge is a combination of Taleo's industry- leading Taleo Enterprise Edition talent management solutions, with an updated guide for easy implementation and new support services specifically tailored to the unique needs of UK companies with between 3,000 and 10,000 employees.
As the recession deepens in the UK, these companies face the same challenges of reducing HR costs and maintaining workforce productivity as larger global enterprises. Taleo Edge was designed to give these organisations a comprehensive, industry-leading recruitment solution that is cost-effective, user-friendly and easy to implement. Relying on Taleo Edge, organisations can rapidly reduce recruitment marketing and agency costs and improve internal mobility.
"Finding – and keeping – the best talent is more crucial than ever for businesses of every size. For medium-sized businesses, e-recruitment technology can dramatically reduce agency fees, and allow them to make the best use of their existing staff through internal mobility programs," said Michael Gregoire, Chairman and CEO of Taleo. "Taleo Edge delivers a blue-chip strength recruiting solution tailored to the business and financial needs of medium-sized organisations."
With Taleo Edge, an organisation of 7,000 employees can save an average of £250-500k* per year at a time when all costs are highly scrutinised. Taleo Edge leverages the industry leading functionality of Taleo Enterprise Edition, a family of highly scalable talent management applications which are transforming how companies source, recruit, manage and reward employees.
* ROI calculation – based on an organisation with 7,000 full-time employees and 15% rate of staff turnover
About Taleo
Taleo (NASDAQ: TLEO) is the leader in on-demand unified talent management solutions that empower organizations of all sizes to assess, acquire, develop and align their workforces for improved business performance. More than 3,800 organizations use Taleo for talent acquisition and performance management, including 47 of the Fortune 100 and over 3,000 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 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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| Lorna Murray / Phil Corfan: |
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