Tyco Selects Kenexa's Customized CareerTracker® for Global Rollout
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Tyco Turns to Kenexa for Complete Performance Management and Career Development Solution
WAYNE, Pa., Dec. 6 -- Kenexa® (NASDAQ:KNXA), a leading provider of talent acquisition and retention solutions, today announced that Tyco International (NYSE:TYC) has selected Kenexa CareerTracker®, the company's flagship performance management solution. Tyco is a global, diversified company that provides vital products and services to customers in five business segments: Fire & Security, Electronics, Healthcare, Plastics & Adhesives, and Engineered Products & Services.
With 250,000 employees located in 72 countries worldwide, Tyco will utilize Kenexa's CareerTracker to automate its performance management and career development process, ensuring workforce alignment with critical business metrics. The Kenexa-hosted CareerTracker solution will be customized to meet the needs of Tyco and its employees, including the implementation of a self-registration interface.
Julian Kaufmann, vice president of Leadership and Organizational Development for Tyco International, said, "Kenexa's CareerTracker is a solution that is flexible enough to meet the needs of an organization of our size, and is customized to ensure our employees receive the information they need to align their performance goals with our organizational objectives. We look forward to utilizing CareerTracker to assist with our performance management process as well as our leadership development and succession planning efforts."
Kenexa CareerTracker is a performance management, leadership development and succession planning system that helps organizations maximize employee performance, decrease external hiring costs, reduce turnover, and develop a better understanding of their current talent pool. Kenexa CareerTracker users are given the opportunity to create individual action plans utilizing over 2,000 competency-based resources and build career paths that align with organizational goals.
Kenexa's President of the Human Capital Management Division, Troy Kanter, commented, "Tyco has created an operating discipline of continuous improvement that is an integral part of its culture. This includes the development of the company's products, processes and people. Kenexa CareerTracker will support the on-going improvement of Tyco's performance management processes and the career development of its people."
More About Kenexa CareerTracker
All Kenexa CareerTracker users are given the opportunity to set personal performance goals that directly align with business unit goals and roll up to organizational objectives, interact with their performance data to create individual development plans, access over 2,000 competency-based resources, and build career paths within the organization. The end result is a system that supports an ongoing performance appraisal process, continuous employee improvement, and comprehensive talent management.
About Tyco International Ltd.
Tyco International Ltd. is a global, diversified company that provides vital products and services to customers in five business segments: Fire & Security, Electronics, Healthcare, Plastics & Adhesives, and Engineered Products & Services. With 2005 revenue of $40 billion, Tyco employs approximately 250,000 people worldwide. More information on Tyco can be found at www.tyco.com.
About Kenexa
Kenexa Corporation (NASDAQ:KNXA) provides outsourcing, employee research and software to help organizations more effectively recruit and retain a productive workforce. Kenexa solutions include applicant tracking, employment process outsourcing, phone screening, skills and behavioral assessments, structured interviews, performance management, multi-rater feedback surveys, employee engagement surveys and HR Analytics. Headquartered in Wayne, Pa. (outside Philadelphia), Kenexa employs more than 600 people worldwide. More information about Kenexa and its global locations can be accessed at www.kenexa.com.
Source: Kenexa Corporation
CONTACT: Sarah Teten of Kenexa Corporation, +1-800-391-9557, or sarah.teten@kenexa.com; and Jeanne Achille, The Devon Group, for Kenexa Corporation, +1-732-542-2000, ext. 11, or jeanne@devonpr.com
Web site: www.tyco.com/
