Compliance Service helps users meet OFCCP requirements.
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Press Release Summary:
OFCCP Compliance Services provides users with means of ensuring compliance with regulatory criteria for defining Internet applicants, as well as record retention rules that contractors are required to follow. It reviews current candidate selection policies and procedures, basic job qualifications, candidate status tracking, record keeping, and reporting configurations. ACE Smart Screening technology helps users define minimum basic qualifications.
Original Press Release:
Taleo Announces OFCCP Compliance Service Offering
New Service Offering Helps Organizations Meet Department of Labor Internet Applicant Ruling; Taleo Delivers a Complete Solution to Support Full Compliance
SAN FRANCISCO, Jan. 30 / -- Taleo Corporation (NASDAQ:TLEO), the leading provider of talent management solutions, today launched a new service offering to help organizations meet the requirements outlined in the U.S. Department of Labor's Office of Federal Contract Compliance Programs' (OFCCP) ruling on the definition of an Internet applicant. Scheduled to take effect February 6, 2006, the new OFCCP regulations provide four criteria for defining Internet applicants, and also outline record retention rules that contractors are required to follow.
Taleo's OFCCP Compliance Services Offering helps organizations navigate through the ruling details and configure Taleo's solutions to support their revised policies and processes. This service offering provides clients with a complete review of their current Taleo configuration and implementation to ensure that it is configured to meet their stated compliance policies and processes.
The service offering reviews current candidate selection policies and procedures, basic job qualifications, candidate status tracking, record keeping and reporting configurations. Taleo's Services team also consults with organizations that are concerned with compliance and are not currently using Taleo's solutions.
Designed from inception as a profile based solution, Taleo's solutions help customers clearly define minimum basic qualifications using its powerful ACE Smart Screening technology. In addition, Taleo's self-service configurability empowers its customers to configure the solution to support the OFCCP policies and processes they have put in place. Extensive tracking and reporting capabilities, including functionality to save search criteria and results, round out Taleo's comprehensive offering.
"Taleo provides the product functionality, configurability and consulting expertise to support compliance to the new OFCCP definition of Internet applicants," stated Guy Gauvin, EVP of Global Services, Taleo. "We are uniquely positioned to support compliance through our profile based solution model and our comprehensive self-service configuration capabilities. We are working closely with our customers to help them comply with the new rules, by providing them with unmatched flexibility and consulting services to support their new processes and policies."
In addition to its OFCCP Service Offering, Taleo has developed relationships with leading employment law firms including Morgan Lewis, who recently co-sponsored a Taleo Talent Exchange Webcast titled, "Understanding the OFCCP's New Definition of an Internet Applicant" that helped its customers interpret the new guidelines and create the correct policies and processes to ensure compliance to the new regulations. To listen to a replay of the Webcast, please visit www.taleo.com/news/archived-webcasts.php .
About Taleo
Taleo delivers on demand talent management solutions that enable organizations of all sizes to assess, acquire, develop and align their workforce for improved business performance. Taleo's customers use its suite of solutions to improve their talent management processes to reduce the time and costs associated with these processes and to enhance the quality, productivity and satisfaction of their workforces. Taleo currently has more than 350 corporate customers with approximately 500,000 registered users who use our services to fill positions in almost 100 countries. For more information visit www.taleo.com.
Source: Taleo
CONTACT: Kate Leeson of Taleo Corporation, +1-415-568-9759, or kleeson@taleo.com
Web site: www.taleo.com/
