Peopleclick Authoria Expands Compliance and Diversity eLearning Offerings Through a Strategic Partnership With emTRAiN…from Peopleclick Authoria

January 26, 2010

 

Partnership Provides Clients With Comprehensive On-Demand Video Training Courses via Advanced SaaS eLearning Management System

HRchitect includes Peopleclick in our list of top Talent Acquisition Systems vendors and Authoria in our list of top Talent Management Systems vendors that businesses should consider. If you are looking for a new Talent Management System, or any HR system, talk to HRchitect first. We have unparalleled knowledge of the HR and Talent Management vendor community and can save you time and money in selection and implementation.

Peopleclick Authoria, currently serving 60 percent of the Fortune 100 with best-of-breed suite solutions for Talent Acquisition, Talent Management and Workforce Compliance and Diversity, announced today a partnership with emTRAiN, the leading provider of multi-media, HR compliance training. Through this strategic alliance, the Company will introduce clients to Peopleclick Authoria Compliance and Diversity eLearning, a new service offering that provides organizations on-demand, online e-learning compliance and diversity educational tracks.

This SCORM-compliant service offering includes a wide-range collection of e-learning tracks ranging from EEO/Preventing Discrimination, Lawful Termination, Disability Discrimination and Fostering Diversity to Preventing Harassment, and gives clients the flexibility and efficiency needed to manage their compliance educational needs across their entire organization. In addition, this new offering is compatible with any learning management system (LMS) and gives clients the ability to access and reuse web-based learning content across various platforms. With a LMS enterprise dashboard, clients can also track and measure several learning platforms at once, creating an effective system for managers to ensure compliance within various departments of their organization.

“As an industry-leading compliance and diversity learning provider, emTRAiN has led the way in development and execution of online course materials. Through this partnership, Peopleclick Authoria expands its offerings to include a robust, user-friendly, web-based training program that was designed with the HR professional in mind. With Peopleclick Authoria Compliance and Diversity eLearning, clients experience compelling educational videos that help ensure the success of their compliance and diversity initiatives across their entire organization,” said Randy Jesberg, Senior Vice President and General Manager of Peopleclick Authoria Workforce Compliance and Diversity Solutions. “We are continually looking for ways to support our clients through eLearning initiatives across the full Talent Acquisition and Talent Management arena. The proven platform provided by emTRAiN provides a strong new eLearning delivery option not only for our Compliance and Diversity products, but for the entire Peopleclick Authoria set of solutions as well.”

“We are pleased to announce this partnership with Peopleclick Authoria, as they continue to be a workforce compliance and diversity solutions leader in the marketplace,” said Janine Yancey, CEO and Founder of emTRAiN. “Together, our goal is to help organizations gain essential knowledge that will prepare them for potential compliance issues. This new service offering provides Peopleclick Authoria clients with online training courses that depict real-world scenarios, which reinforces and ensures that employees are retaining the knowledge and then can apply this knowledge towards everyday workplace situations.”

To learn more about Peopleclick Authoria, please visit www.peopleclick.com
Matt Lafata, HRchitect

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SilkRoad technology Announces Q4 Results for 2009…from SilkRoad

January 26, 2010

 

Success Driven by Record Sales and Continued Expansion

HRchitect featured SilkRoad in our May 2008 release of The Suite Life of Integrated Talent Management and also includes them in our list of top Talent Acquisition Systems vendors that businesses should consider. SilkRoad participated in the Onboarding Systems panel on June 10, 2009 as part of theHRshow. SilkRoad competed in the HRchitect Beauty Pageant on Onboarding Systems in January 2009 where they were crowned the winner. Brian Platz, EVP and COO of SilkRoad also appeared on the HRchitect WebMingle on March 20, 2009. If you are looking for a new Talent Management System, or any HR system, talk to HRchitect first. We have unparalleled knowledge of the HR and Talent Management vendor community and can save you time and money in selection and implementation.

SilkRoad technology, inc., a leading provider of talent management solutions, announced today the fourth quarter of 2009 was its 26th consecutive period of sales growth.  Highlights from the quarter include record client growth, the successful launch of SilkRoad’s new core HR product, HeartBeat, and continued expansion and adoption of the company’s Life Suite solutions around the world.   

With the talent management sector booming with companies preparing for the economic turnaround, SilkRoad experienced the highest sales of the year this quarter with over 140 new clients selecting its Life Suite products.  New clients include: AirTran, CompuPay, Woodland Park Zoo, Texas Petrochemicals, Inc., Walt Disney Family Museum and Union Bank & Trust Co.

Current clients signing up for additional solutions also drove Q4 growth.  Clients purchasing additional Life Suite solutions include: Sony Home Entertainment, Del Monte Fresh Produce, SIRVA, and the University of South Florida.

SilkRoad continued to experience successful global expansion in the Asia Pacific market this quarter, adding multiple clients including several International 500 Brands.

In Q4, the company successfully launched its new core HR product, HeartBeat adding the product’s first clients ahead of its Q1 goals.  The core HR system allows secure and reliable access to key HR information for both employees and management by creating a “system of record” to store all employees’ core data.

In addition, SilkRoad received its completed 2009 SAS 70 Type II Audit in Q4.  The receipt of this report confirms SilkRoad is in compliance with SAS 70 recommended best practices to ensure the confidentiality, integrity, and availability of SilkRoad technology’s systems and data.  This report has become a requirement of outside vendors for most companies in the banking, healthcare, and high-tech industries.

“With the successful launch of our new HeartBeat product and our record growth, this has been a very exciting quarter for SilkRoad,” said Andrew J. “Flip” Filipowski, Executive Chairman and CEO of SilkRoad technology.  “In 2009, we extended our client roster to more than 1500 clients around the globe, across all industries.  We are also truly honored this quarter by the large number of clients purchasing additional products from our suite after experiencing our unparalleled technology and customer service.”    

Finally, SilkRoad was honored by The North Carolina Technology Association (NCTA) with multiple nominations in the NCTA 21 Awards.  SilkRoad was a finalist in the “Private Company Award” category and SilkRoad’s CEO, Andrew J. “Flip” Filipowski was a finalist for “Executive of the Year.”  The awards program annually honors companies and individuals from North Carolina’s technology industry for excellence in leadership and innovation and are among North Carolina’s most prestigious technology honors. 

For more information on SilkRoad, please visit www.silkroad.com
Matt Lafata, HRchitect

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Salary.com Launches Talent Management Solution for Skills Gap Analysis and Assessment…from Salary.com

January 13, 2010

 

Salary.com SkillsManager Enables Organizations to Capture Employee Skills and Develop Them in Line With Business Strategy

HRchitect featured Salary.com in our 2008 release of The Suite Life of Integrated Talent Management and also includes them in our list of top Talent Management Systems and top HRIS vendors that businesses should consider. If you are looking for a new Talent Management System, or any HR system, talk to HRchitect first. We have unparalleled knowledge of the HR and Talent Management vendor community and can save you time and money in selection and implementation.

Salary.com, Inc. (NASDAQ: SLRY), a leading provider of on-demand talent management, payroll and compensation solutions, today announced the North American launch of Salary.com SkillsManager, adding a best-of-breed skills gap analysis and assessment solution to Salary.com’s talent management portfolio.

Salary.com SkillsManager is an enterprise SaaS solution that allows organizations to use custom and off-the-shelf job models with functional competencies from Salary.com to create a company inventory of employee skills, conduct employee skill assessments, and analyze skills gaps at the individual, department and organizational levels. The workforce analytics in Salary.com SkillsManager allow organizations to identify and assign employees who have the requisite skills for a project and create targeted, skill-based learning programs that are in line with their business strategy. Salary.com SkillsManager provides easy-to-use tools to build job profiles, map skills, and design learning paths.

“Organizations today need to be agile and efficient, and Salary.com SkillsManager helps companies respond to business challenges quickly by empowering them to best understand and utilize their employees’ skills,” said Brent Kleiman, SVP, marketing and strategy at Salary.com. “We know that most companies keep an excellent inventory of their hardware and IT systems, but have never even approached developing an inventory of their most important investment and valuable resource — the skills of their workforce. Salary.com SkillsManager makes that possible.”

Salary.com SkillsManager is invaluable in helping organizations maximize the utilization of employee skills rather than hire contractors with redundant skills, and reduce costs by targeting only key training needs. Salary.com SkillsManager also helps organizations mitigate operational risks by identifying potential key skill losses from attrition, and for some key industries, reduces the risk of non-compliance by proactively identifying skill gaps and shortages.

Salary.com will host a webinar called “Skills Management: HR’s Path to Organizational Success,” on several dates throughout January 2010. To register for an upcoming session, visit http://events.salary.com.

Companies have an opportunity to participate in a Salary.com SkillsManager pilot program that’s designed to help companies discover the immediate business benefits and ROI that Salary.com SkillsManager can deliver. The program provides three months of full use of Salary.com SkillsManager for 250 employees. To learn more about Salary.com SkillsManager and the pilot program, visit: http://www.salary.com/competencies/skills_management.asp.

Salary.com SkillsManager adds another component to the company’s best-of-breed talent management product line. Salary.com’s TalentManager® Suite provides robust functionality and configurability that HR professionals require while delivering easy-to-use solutions that managers and employees demand.

For more information on Salary.com, please visit www.salary.com
Matt Lafata, HRchitect

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Saba Delivers Strong Second Quarter Fiscal 2010 Results…from Saba

January 9, 2010

 

Grows Non-GAAP EPS by 75% and Invoicing by 10% year-over-year; Increases cash balance by 77% year-over-year; Extends leadership with 30 new enterprise customers across learning, performance and talent management solutions

HRchitect featured Saba in our May 2008 release of The Suite Life of Integrated Talent Management and also includes them in our list of top Talent Management Systems and top Learning Management Systems vendors that businesses should consider. Saba participated in the Learning Management Systems panel on June 10, 2009 as part of theHRshow. A.G. Lambert, the VP of Marketing with Saba appeared on the HRchitect WebMingle on August 14, 2009.

If you are looking for a new Talent Management System, or any HR system, talk to HRchitect first. We have unparalleled knowledge of the HR and Talent Management vendor community and can save you time and money in selection and implementation.

Saba (NASDAQ:SABA), the premier provider of people management software and services, today reported financial results for its second fiscal quarter ended November 30, 2009.

“We continued to win major new customers while expanding relationships with the world’s leading global enterprises and governments. More and more enterprises are looking to Saba for unified people management solutions that drive business performance by aligning, engaging, developing, and mobilizing their people while fostering collaboration across their value chain,” said Bobby Yazdani, Chairman and CEO of Saba. “Our record of profitable growth and momentum in winning new customers while expanding existing customer relationships underscores the validity of our growth strategy.”

Second Quarter Financial Results

  • Total revenues for the quarter ended November 30, 2009 were $27.5 million, up 6.4%, from $25.8 million in the same period of the prior year.
  • Saba Performance and Talent Management products achieved record high product bookings in the quarter, representing 12% of total product bookings in the quarter.
  • Gross margin for the quarter ended November 30, 2009 was 65.7% compared to 59.6% for the same period of the prior year.
  • GAAP net income for the quarter ended November 30, 2009 was $666,000, or $0.02 per share on a fully diluted basis, compared to a loss of $355,000, or $0.01 per share, for the same period last year.
  • Non-GAAP net income for the quarter ended November 30, 2009 was $2.1 million, or $0.07 per share on a fully diluted basis, compared to non-GAAP net income of $1.1 million, or $0.04 per share on a fully diluted basis, for the same period of the prior year. Non-GAAP net income excludes non-cash amortization of intangibles and charges related to stock-based compensation.
  • Cash balance for the quarter ended November 30, 2009 was $22.9 million compared to $12.9 million at the end of the same period in the prior fiscal year. Saba repurchased 1,384,920 outstanding shares of common stock for approximately $4.9 million in the first quarter of fiscal 2010.
  • Saba invoiced $29.4 million in the quarter ended November 30, 2009, up 10%, compared to $26.7 million in the same period last year.

Second Quarter Business Highlights

Customers

  • Added 30 new enterprise customers bringing total new customers up to 50 during the first six months of Fiscal 2010, up from 39 new customers in first half fiscal 2009.
  • Strengthened leading base of Global 2000 customers during the quarter with wins at Baker Hughes, Bayer Healthcare, Banco Itau, McDonalds, Mars, Owens and Minor, Unicredit Group, Santander, and Saudi Aramco.
  • Expanded relationships with a number of existing large enterprise and public sector customers including 3M, Bose Corp, Synthes, Trillium Health Centre, UNUM Group, Varian Medical Systems, Kwik-Fit Group Limited, Les Hopitaux Universitaires, Blackbaud, Brinker International, Lincoln Electric Holdings, Westat, and Westinghouse Electric.
  • Saba OnDemand solutions reached a user base of over 3.6 million users, including such customers as Addison Avenue Federal Credit Union, the California Public Employees’ Retirement System (CalPERS) and the University of Tennessee, Knoxville (UT Knoxville).

Products

  • Announced major new platform release, Saba Enterprise 5.5, as the industry’s first truly unified people management platform. Saba 5.5 delivers an updated, engaging, and easy-to-use Web 2.0 user interface that visually unifies information so that, whether a user is trying to create a succession pool, start a performance review, or manage a team of employees, the view of the employee information is consistent. Users at all levels are able to make better decisions with more complete and consistent people intelligence.
  • Announced availability of Saba People Management Cloud, delivering Saba’s people management solutions on Amazon Web Services. The Saba People Management Cloud will give companies the elasticity to use as little or as many of Saba’s services as they need, while paying only for what they use, with no up-front expenses.

Awards & Recognitions

  • Recognized in Bersin & Associates Talent Management Systems 2010: Market Realities, Implementation Experiences, and Solution Provider Profiles as the market leader for enterprises with over 10,000 employees. The study touted Saba Enterprise’s extensive configurability, embedded collaboration for talent management adoption and its integrated, sophisticated, workforce planning application.
  • Recognized in the 2009 Gartner Magic Quadrant for Social Software in the Workplace based on completeness of vision and ability to execute. Saba was the only vendor in the people management solutions market to receive recognition in this report.
  • Recognized for growing momentum in social software by Chief Learning Officer Magazine who bestowed a Learning in Practice Award for “Excellence in Social Networks” to the company. The Excellence in Social Networks Award recognizes providers that have deployed wikis, blogs, communities of practice, social networks and/or any other employee communication and collaboration platforms for a client in the past year.

For more information on Saba, please visit www.saba.com
Matt Lafata, HRchitect

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Learn.com Announces Record Breaking Q4 and Full Year 2009…from Learn.com

January 5, 2010

 

Revenue, Bookings, New Client Acquisition and Partnerships Reach New Heights as Company Enters its 11th Year of Service to Clients

HRchitect includes Learn.com in our list of top Learning Management Systems vendors that businesses should consider. If you are looking for a new Talent Management System, or any HR system, talk to HRchitect first. We have unparalleled knowledge of the HR and Talent Management vendor community and can save you time and money in selection and implementation.

Learn.com, the knowledge platform company, today announced that the company’s business performance shattered historical records in 2009. The company signed a record number of new clients in Q4 as well as year to date. Moreover the company’s December month saw its highest new client acquisition and bookings in its almost 11 year history. Learn.com was able to achieve this impressive growth while still maintaining positive net income and cash flow on a GAAP basis.

“A record breaking year in a weak economy says a lot about our strong team and solutions,” said Jim Riley, President and CEO at Learn.com. “While our competitors are downsizing, we are adding new team members and growing our client base, making our business stronger thus further solidifying our leadership position in the space.”

Some 2009 Accomplishments:
• Voted the best Enterprise Learning Management (LMS) system by the 50,000 readers of ELearning! Magazine (3rd Consecutive Year)
• Voted the best Talent Management System by the 50,000 readers of ELearning! Magazine
• Named a Leader in 7 out of 8 categories in the Bersin & Associates 2010 Talent Management Satisfaction Study
• Named one of Florida’s best companies to work for by Florida Trend Magazine
• Over 95% Client renewal rates
• Opened and staffed an office in London, UK
• Opened and staffed an office in Silicon Valley, CA
• Announced plans for a Cloud Computing Center in London to support EMEA clients
• Enhanced the Learn.com Report Exchange to enable clients to share and download free custom reports they can share across their Learn.com applications
• Invested heavily in state-of-the-art redundant infrastructure and state-of-the-art SAS 70 facilities for Cloud Computing clients to provide more speed, power and redundancy
• Added and expanded relationships with Enterprise clients such as: Peet’s Coffee, Sykes Enterprises, CKE Enterprises, Vermeer Corporation, Smith & Nephew, Intuit, Verigy, Orica USA, St. Jude Children’s Research, US Department of Commerce, Classic Residence by Hyatt, Cartier, Michelin North America, American Association of Critical Care Nurses, General Services Administration (GSA), Jackson Hewitt, Extra Space Storage, Avid Technology, US Bancorp, Henry M. Jackson Foundation, Healthways, Ambius and hundreds of others. 

For more information on Learn.com, please visit www.learn.com
Matt Lafata, HRchitect

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Plateau’s iContent Continues Momentum with Addition of Six New Partners…from Plateau

December 17, 2009

 

Anderson-davis, Inc., Aterias, K Alliance, Safety Skills, Syntrio, Inc. and Wombat Security Technologies added to Popular Learning Content Solution

HRchitect featured Plateau in our May 2008 release of The Suite Life of Integrated Talent Management and also includes them in our list of top Talent Management Systems and Learning Management Systems vendors that businesses should consider. Plateau participated in the Learning Management Systems panel on June 10, 2009 as part of theHRshow2009 event. Jeff Kristick, Sr. VP Marketing of Plateau Systems appeared on the HRchitect WebMingle on April 3, 2009.  If you are looking for a new Talent Management System, or any HR system, talk to HRchitect first. We have unparalleled knowledge of the HR and Talent Management vendor community and can save you time and money in selection and implementation.

Plateau Systems, a leading provider of enterprise-class SaaS solutions for talent management, announced continued momentum with its iContent Content-as-a-Service (CaaS) solution with the addition of six new partners: Anderson-davis, Inc., Aterias, K Alliance, SafetySkills, Syntrio, Inc. and Wombat Security Technologies. These new partnerships expand the online content titles available through iContent, giving users access to an expanded catalogue of learning content to meet diverse and specialized training requirements.

iContent, the industry’s first and only Content-as-a-Service (CaaS) solution, alleviates online content management hassles by providing a single, centralized place for procuring and hosting third-party and custom developed content. This approach allows organizations to find, purchase and deliver relevant e-learning to their end-users quickly, easily and cost effectively. Today, more than 1.4 million users in 154 countries are using iContent to deliver and access e-learning content, spanning a wide range of users and industries including government, retail, manufacturing, healthcare and finance.

iContent is a fully managed service and portal that supports the delivery and management of online content, including hosting, testing, validation and updates. Currently, the iContent eCommerca Portal houses more than thousands of customer-created courses and supports an expansive library of pre-packaged titles from more than 30 leading content vendors. The latest companies to join Plateau’s robust community of online learning content providers include: 

  • Anderson-davis, Inc. – Regarded as an international leader in anti-harassment, ethics, diversity and leadership education, the partnership with Anderson-davis will make content titles on preventing sexual harassment, building respectful workplaces, conducting investigations and facilitating the healing process available through iContent.
  • Aterias – Known for its government-specific harassment and “NoFear” training, Aterias’ employment law compliance training content is designed to reduce the amount of discriminatory harassment in the workplace and encourage employees to disclose violations of the law and government waste without fear of retaliation.
  • K Alliance – iContent customers will have access to K Alliance’s on-demand IT training materials covering a wide variety of topics, including IT certifications, IT skills, government training, Department of Defense training, soft skills and desktop applications.
  • SafetySkills – Through the partnership, SafetySkills will make its best-in-class online safety training programs on a variety of topics available via iContent, including emergency response, human resource compliance, occupational health and safety, driver safety and hazmat transportation.
  • Syntrio, Inc. – Key business topics, including occupational health and safety, workers compensation, legal compliance, general business and management skills, Syntrio will make its library of more than 100 titles available through iContent.
  • Wombat Security Technologies – As provider of Anti-Phishing Phil, an online training game that focuses on cyber security awareness, Wombat Security Technologies’ has partnered with iContent to make its engaging and interactive gaming tool used to educate employees about harmful phishing scams that may endanger their computers and electronic data available on-demand.

”Since launching in 2006, iContent has experienced significant growth across our user base, partners and content library as organizations recognize the benefits of Content-as-a-Service offerings in terms of budget, time and resources,” said Lee Wright, Sr. Director of Services for iContent at Plateau Systems. “These new partnerships expand the iContent library and give our users access to third-party content offerings in HR, diversity, IT and cyber security training from some of the industry’s top learning content providers.”

For more information about Plateau, visit www.plateau.com.
Matt Lafata, HRchitect

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PerfectSoftware Adds Performance Management to Human Capital Management Suite…from PerfectSoftware

December 11, 2009

 

PerfectSoftware, a leading provider of human resource, payroll and talent management software, announced today the addition of Performance Management to its Perfect Human Capital Management (HCM) solution suite.

If you are looking for a new Talent Management System, or any HR system, talk to HRchitect first. We have unparalleled knowledge of the HR and Talent Management vendor community and can save you time and money in selection and implementation.

PerfectSoftware, a leading provider of human resource, payroll and talent management software, announced today the addition of Performance Management to its Perfect Human Capital Management (HCM) solution suite. The Performance Management module helps companies drive business growth by identifying high-performing employees, tracking performance competencies and deficiencies, improving goal alignment and streamlining the review process.

Completely integrated to Perfect HCM and accessible via single-sign on, Performance Management further extends the talent management capabilities of the Perfect HCM Suite, providing an all-in-one, strategic HR solution for mid-sized companies. “Performance Management was the next logical addition to our platform because of its great strategic value to companies. Our clients can now replace what was formerly a manual, paper-intensive process with an automated solution that improves productivity and helps them build human capital into a competitive advantage”, notes Richard Allaway, Chief Operating Officer, PerfectSoftware. “With this solution, companies can produce meaningful employee evaluations that allow them to reward results instead of activities or behaviors.”

As part of the Perfect HCM Suite, Performance Management is web-based and features a highly intuitive user interface, flexible configuration, self-authored review forms, automated notifications and approval workflows. The solution can support traditional or 360 multi-rater reviews. Delivered as Software-as-a-Service (SaaS), the solution requires no expensive hardware or software investment to use. Software updates are administered remotely by PerfectSoftware, so no in-house technical personnel are needed to manage the application. The Performance Management module can be implemented easily, so new and existing clients can quickly capitalize on the benefits.

Adds Allaway, “We strive to provide solutions that help our clients ultimately achieve greater success. Growing a high-performance workforce through Performance Management is central to that objective.”

For more information on PerfectSoftware, please visit www.perfectsoftware.com
Matt Lafata, HRchitect

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TalentDrive and JobPartners Announce Recruitment Technology Partnership…from Jobpartners

December 7, 2009

 

Leading Global Talent Management Solution Offers Advanced Online Resume Sourcing

HRchitect includes Jobpartners in our list of top Talent Management Systems and Talent Acquisition Systems vendors that businesses should consider. Fabrice de Carne, Vice-President of U.S. Sales for Jobpartners, appeared on the HRchitect WebMingle on October 30, 2009. If you are looking for a new Talent Management System, or any HR system, talk to HRchitect first. We have unparalleled knowledge of the HR and Talent Management vendor community and can save you time and money in selection and implementation.

TalentDrive, the creator of the innovative on-demand resume sourcing technology, TalentFilter, announced recently a partnership with Jobpartners, a European leader in people and talent management solutions. This partnership combines the strength of TalentFilter’s advanced resume sourcing and matching technology with Jobpartner’s comprehensive talent management solutions, enabling users to leverage the internet for advanced resume sourcing through their existing people management suite.

As recruiters, HR Professionals, and candidates alike clamor for an efficient, effective solution for sourcing, recruiting and interacting with candidates during the hiring process; TalentDrive and Jobpartners jumped at the opportunity to collaborate and produce an improved technology solution. This partnership brings to market a user-focused product that allows clients to harness the wealth of resumes online for sourcing, helping them connect with highly qualified Talent in a consistent approach. Users are able to source thousands of job boards and resume locations, pulling highly qualified candidates from the 77.7 million resumes online today.

These leading global brands connected to offer users a unified tool to capitalize on the influx of resumes going online every day, in addition to searching the Jobpartners’ ATS, ActiveRecruiter, helping to effectively target qualified talent from all available resume locations in half the time. Using advanced scoring and ranking, resumes are returned according to the user’s job description and directly imported into the JobPartners’ solution suite. The platform provides a cohesive recruiting and management solution to help ensure the company’s brand image never falters, while effectively recruiting the absolute top Talent available.

“JobPartners truly stands above the noise in the recruitment technology provider space by continually delivering a product with the end-user in mind. This characteristic is what attracted us to Jobpartners and reassures us that as partners, we will work in unison to provide tools that help our current and future clients connect with the Talent they need to be successful. We are impressed with Jobpartners dedication to innovation and the importance of user-friendly technology,” said Sean Bisceglia, CEO TalentDrive.

“As we continue to offer solutions for our clients that improve the overall efficiency and effectiveness of their recruitment processes, the need to incorporate an online sourcing function became apparent. By offering our users the ability to harness the millions of resumes online through our partnership with TalentDrive, we stay true to our mission of keeping people at the forefront of our decisions, streamlining the talent management process for optimum results, and bringing innovation to our technology,” said Xavier Marchioni, CEO of Jobpartners.

For more information on Jobpartners, please visit www.jobpartners.com.

For more information on TalentDrive, please visit www.talentdrive.com  
Matt Lafata, HRchitect

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Kenexa Earns Two American Design Awards for Company’s Rebrand…from Kenexa

December 7, 2009

 

Company recognized for outstanding achievement in design of new marketing kit and print advertisements

HRchitect featured Kenexa in our May 2008 release of The Suite Life of Integrated Talent Management and also includes them in our list of top Talent Acquisition Systems and top Talent Management Systems vendors that businesses should consider. Kenexa participated in the Talent Management Systems panel and the Talent Acquisition Systems panel on June 10, 2009 as part of theHRshow event. Ron Hanscome, VP of Product Strategy with Kenexa appeared on the HRchitect WebMingle on June 26, 2009. If you are looking for a new Talent Management System, or any HR system, talk to HRchitect first. We have unparalleled knowledge of the HR and Talent Management vendor community and can save you time and money in selection and implementation.

Kenexa (NASDAQ: KNXA), a global provider of business solutions for human resources, was awarded two awards from American Design Awards for its efforts in rebranding the organization. American Design Awards is a business dedicated to providing fair and ethical platforms for graphic and web designers with varying experience levels and disciplines to compete on, while providing them a global audience to showcase their talents to. The American Design Awards holds two semi-annual contests, and judges each submission on creativity, effectiveness, practicality and ethics.

Kenexa placed first in the Marketing Kit Design category, which included newly branded presentation folders and marketing collateral, and second in the Print Advertisement category, which included the Kenexa Wright Brothers ad that visualizes the new brand positioning formula i X e = s. 

The new brand, released June 1, 2009, includes a complete overhaul of all marketing materials, signage, advertising and communications. The new brand is based on helping companies identify the right individuals and create the right environments to enhance individual and organizational performance.

Kenexa is the only company in the HR marketplace that has the tools, services and technology to multiply business success. Kenexa’s formula for business success, i X e = s, requires two elements—the individual and the environment. Kenexa believes that when you multiply the right individual by the right environment, success is inevitable. The multiplication sign in the formula for success is the secret to unlocking human potential. It is the factor that separates Kenexa from every other company in the marketplace. While other companies have solutions that affect the “i” or the “e,” only Kenexa can multiply them to maximize business outcomes. One of the ways the company delivers on the “X” is through Extreme Service.

“We are honored to be recognized by American Design Awards,” said Rudy Karsan, CEO, Kenexa. “These awards are a tribute to the talent and expertise of our marketing group. The new rebranding effort underscores Kenexa’s broader mission statement of transforming the global workforce. With Kenexa’s rebrand, we want to communicate clearly that our goal is to help put people around the world in the right jobs, and to create work environments that maximize their potential. We know that when people are in jobs they love and in environments that maximize their potential, they are not only more productive employees, they are more productive individuals.”

All entries are judged independently taking into account experience level and date of design. Other variables including popularity of client, name of design firm and other accolades previously attained are not considered, ensuring a fair and balanced competition.

For more information on Kenexa, please visit www.kenexa.com
Matt Lafata, HRchitect

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Cornerstone OnDemand Named Among the Top Ten Fastest-Growing Private Companies in Los Angeles…from Cornerstone OnDemand

November 17, 2009

 

HRchitect featured Cornerstone OnDemand in our May 2008 release of The Suite Life of Integrated Talent Management and also includes them in our list of top Talent Management Systems and top Learning Management Systems vendors that businesses should consider. Charles Coy participated in the HRchitect WebMingle on January 16, 2009. Cornerstone OnDemand participated in the Talent Management Systems Beauty Pageant in December 2008, where they were crowned the winner. Cornerstone OnDemand also participated in the Learning Management Systems panel on June 10, 2009 as part of theHRshow event. If you are looking for a new Talent Management System, or any HR system, talk to HRchitect first. We have unparalleled knowledge of the HR and Talent Management vendor community and can save you time and money in selection and implementation.

Cornerstone OnDemand Inc., a leading provider of on-demand learning and talent management software and services, today announced it has been recognized as one of the top ten fastest growing private companies in Los Angeles County by the Los Angeles Business Journal.

“We’re proud to be recognized by the Los Angeles Business Journal for the company’s strong performance and aggressive growth over the past few years,” said Adam Miller, President and CEO of Cornerstone OnDemand.  “Fostering a culture of innovation, team work and a never-ending focus on providing best-in-class client service has been essential to the success of our business.  In the coming year, we will further propel the company’s growth by continuing to invest in the quality of our software, the success of our clients and the strength of our team.”

The Fastest Growing Private Companies in Los Angeles list is comprised of the top 100 companies based in the greater Los Angeles area.  Companies are ranked by their percentage growth in revenues from 2007 through 2008.  To qualify, companies must be privately held and headquartered in Los Angeles County.  The Los Angeles Business Journal reviewed more than 1,000 submissions before narrowing the field to 100 finalists.

Cornerstone OnDemand continues to be ranked among the fastest-growing software companies in the U.S. by other respected lists such as Inc. magazine’s Inc 5000 and Deloitte’s 2009 Technology Fast 500, which recognized Cornerstone for 311 percent revenue growth from 2004 to 2008.

For more information about Cornerstone OnDemand, visit www.cornerstoneondemand.com.

 

Matt Lafata, HRchitect

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TEDS Releases New Version of Talent Management Suite with Workforce Planning and Management Module…from TEDS

November 12, 2009

 

Workforce management dashboard highlights newly-upgraded TEDS suite, which now delivers more power and ease of use  

HRchitect featured TEDS in our May 2008 release of The Suite Life of Integrated Talent Management and also includes them in our list of top Talent Management Systems vendors that businesses should consider. If you are looking for a new Talent Management System, or any HR system, talk to HRchitect first. We have unparalleled knowledge of the HR and Talent Management vendor community and can save you time and money in selection and implementation.

TEDS, Inc., originator of the organic, fully integrated Talent Management solution, today released version 9.1 of its Talent Management Suite. The suite’s newest module, TEDS Workforce Management, provides companies with another key competitive advantage.

“Intelligent workforce planning and management are critical to gaining and preserving a competitive advantage in the marketplace,” said Joe Ellis, chief executive of TEDS. “That is why we have always had strategic workforce planning capabilities built into the TEDS Talent Management Suite. In this new module however, we have made all these functions and capabilities easily accessible via our new workforce manager dashboard. This puts unprecedented power, effectiveness and ease at the fingertips of workforce planners.”

TEDS Workforce Planning & Management enables organizations to define corporate business initiatives, measure workforce readiness to accomplish business goals, manage the progress toward initiative completion and track hiring for these initiatives. This new module leverages existing talent data and interacts with all other modules of the TEDS Talent Management suite to deliver a new dimension in workforce management.

“TEDS Workforce Planning & Management enables workforce planners to create strategies and initiate actions that ensure workers gain the necessary knowledge and skills to meet organizational goals,” said Lynda Helton, TEDS’ vice president for research and development. “Workforce planners and managers can monitor the progress of employees toward competency achievement, skill gap closure and organizational readiness for individual projects and for overarching business initiatives across the enterprise.”

The new module minimizes the negative effects of external forces on enterprise performance including fluctuations in the economy, new regulations, increased competition, and market demands for new or improved products or services, while pre-empting reactionary responses to these market influences.

Organizations can use TEDS to ensure that their workforce planning and management strategy aligns with and supports their overall talent management strategy. Company-wide workforce planning easily replaces fractionalized planning by different departments or business units.

TEDS Workforce Planning & Management ensures an organization’s talent is ready when needed.

A component of the TEDS suite of integrated, single-platform software solutions, TEDS Workforce Planning and Management provides its own powerful capabilities while also wrapping around all other TEDS Talent Management Modules to access and leverage employee data residing in those modules.

TEDS’ latest release provides enhancements to other software modules, including TEDS’ RTC Power (roles, tasks and competency management) and TEDS Job Vision, which manages staffing and talent acquisition.

For more information about TEDS, please visit www.teds.com

 

Matt Lafata, HRchitect

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Learn.com, Announces Record Breaking Q3 2009 and Year to Date New Client Acquisition, Revenue, and Partnerships as the Company Approaches its 11th Year of Service to Clients…from Learn.com

November 11, 2009

 

The World’s Largest Cloud LMS Provider Named Best in Industry for 4 Consecutive Years

HRchitect includes Learn.com in our list of top Learning Management Systems vendors that businesses should consider. If you are looking for a new Talent Management System, or any HR system, talk to HRchitect first. We have unparalleled knowledge of the HR and Talent Management vendor community and can save you time and money in selection and implementation.

Learn.com, the leader in cloud delivered workforce development and productivity, today announced that the company’s business performance shattered historical records in 2009. The company not only has signed a record number of new clients but the year to date through Q3 2009 has been the best sales bookings period in company history. More importantly, Learn.com was able to achieve this impressive growth while still maintaining positive net income and cash flow on a GAAP basis, an uncommon accomplishment in the Learning and Talent Management space. This strong performance across every metric underscores the value Learn.com brings to its clients and validates Learn.com’s best-in-class platform and pure cloud computing business model.

“During the most challenging economic period of the past 80 years, Learn.com was able to accelerate its growth by continuing to demonstrate its significant and unparalleled value proposition to new clients. Learn.com has always been the most innovative company in our space and once again we were pioneers by launching our Guaranteed ROI pledge to our clients. More and more clients were able to prove the many facets of hard and soft dollar savings and ROI using Learn.com. The results are irrefutable – training is how organizations realize excellence in execution. One watershed study points to firms’ investment in training as being the single most powerful predictor of stock price. Our unyielding dedication to client success and satisfaction using Learn.com products and people has paid dividends for our clients and in return, for Learn.com. While most of our competitors were downsizing this year, Learn.com added 25% more in net new headcount, and we are continuing to increase our employee base to maintain our peerless service to our clients. Even more satisfying than our great results is the positive impact Learn.com has had for our clients,” said Jim Riley, Chief Executive Officer at Learn.com.

Beyond deepening current strategic partnerships with some of the world’s biggest names new relationships were forged with Taleo (Nasdaq:TLEO), and others. These relationships further demonstrate that Learn.com improves business results and adds significant value to our partners’ ecosystems. These well planned partnerships allow Learn.com to penetrate new channels as well as provide Learn.com clients a one-stop-shop for pre-hire to retire solutions, with unmatched value, depth of functionality and ease of use.

“Our latest research shows that employee development is one of the most vital elements in a high-performing organization today,” said Josh Bersin, CEO of Bersin & Associates, a leading industry research and advisory services firm. “Taleo’s partnership with Learn.com now enables the company to offer a complete solution for corporate learning management.”

The relationship with Taleo brings together the unequivocal market leaders in our respective categories to provide the only pre-hire to retire unified talent management platform with a global footprint and world class capabilities and flexibility.

Another milestone was Learn.com’s launching of the World Wide Content Exchange and the Learn.com Personal Edition (http://my.Learn.com) which has over 30 structured job profiles with skills and curricula mapped to assist the US workforce in skill retraining in an unprecedented time of skill shift in the US Economy. Now any person in the world can access over 30,000 web based courses, live on line courses, college degree programs, accredited courseware for the Healthcare and manufacturing sector as well as course authoring and sharing.

Other YTD 2009 Accomplishments
• Again voted the best Enterprise Learning Management (LMS) system by the 50,000 readers of ELearning! Magazine (3rd Consecutive Year)
• Voted best Talent Management System by the 50,000 readers of ELearning! Magazine
• Over 95% Client Renewal Rates
• Opened and staffed an office in London, UK
• Announced Planned Cloud Computing Center in Amsterdam to support EMEA clients
• Enhanced the Learn.com Report Exchange to enable clients to share and download free custom reports they can share across their Learn.com applications
• Invested heavily in a state-of-the-art redundant infrastructure and state-of-the-art SAS 70 facility for its Cloud Computing clients – more speed, power and redundancy
• Added 224,000 subscribers with just one new client

Learn.com also added and expanded relationships with Enterprise clients such as: Pete’s Coffee, Sykes Enterprises, CKE Enterprises, Vermeer Corporation, Smith & Nephew, Intuit, Verigy, Orica USA, St. Jude Children’s Research, US Department of Commerce, Classic Residence by Hyatt, Cartier, Michelin North America, American Association of Critical Care Nurses, General Services Administration (GSA), Jackson Hewitt, Extra Space Storage, and hundreds of others.

For more information on Learn.com, please visit www.learn.com

 

Matt Lafata, HRchitect

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Kenexa Recognized as a Talent Management Systems Leader in Bersin & Associates Research…from Kenexa

November 11, 2009

 

Market Study by Leading Research Firm Acknowledges Kenexa’s Sophisticated Analytics Tools, Strong Integration of Assessments

HRchitect featured Kenexa in our May 2008 release of The Suite Life of Integrated Talent Management and also includes them in our list of top Talent Acquisition Systems and top Talent Management Systems vendors that businesses should consider. Kenexa participated in the Talent Management Systems panel and the Talent Acquisition Systems panel on June 10, 2009 as part of theHRshow event. Ron Hanscome, VP of Product Strategy with Kenexa appeared on the HRchitect WebMingle on June 26, 2009. If you are looking for a new Talent Management System, or any HR system, talk to HRchitect first. We have unparalleled knowledge of the HR and Talent Management vendor community and can save you time and money in selection and implementation.

Kenexa (NASDAQ:KNXA), a global provider of business solutions for human resources, today announced it has been recognized as a market leader in the recently released Talent Management Systems 2010: Market Realities, Implementation Experiences, and Solution Provider Profiles. The study, conducted by Bersin & Associates, the only research and advisory firm focused solely on enterprise learning, talent management and talent acquisition, is a comprehensive market review and buyers’ guide for talent management software systems.

The report found that, despite the recession, the talent management systems market has thrived over the last year and vendors have seen significant growth. Based on market data and information provided by vendors, Bersin & Associates project that the market will expand by 15 percent over the coming year. The report also found that the market is crowded with many providers with similar solutions. The key differentiator that drove overall satisfaction was the customer experience, including partnership relationships with vendors and customer service. According to Bersin, organizations are no longer willing to sacrifice functionality in order to standardize technology and are expecting more from their providers.

“We are pleased to have been recognized in Bersin’s research. Kenexa’s industry-leading applications are built using innovative technology and driven by customer requirements, giving our clients what they need on an integrated platform. This, along with our commitment to Extreme Service, is what sets Kenexa apart from the competition and has sustained our growth in this economy,” commented Rudy Karsan, Kenexa’s CEO.

“Our goal is to address the real business impact of these systems and identify the market leaders. Despite the economic recession, the talent management software market continues to outpace new spending on core human resource management software. While it is still a very competitive market, the real market leaders are starting to emerge,” said Josh Bersin, president, Bersin and Associates.

Out of 24 companies profiled, Kenexa ranked No. 4 in market share by revenue and by number of enterprise customers.

Kenexa offers Integrated Talent Management (ITM) to facilitate each step of the employee lifecycle. The SaaS-based applications are unified through common services and enable clients to have access to continuous upgrades, expert functionality and streamlined customer support for single point solutions or across multiple Kenexa applications delivering holistic talent management.

The Bersin & Associates study particularly acknowledged the strength of Kenexa’s sophisticated reporting and analytics tools and the integration of its market-leading psychometric assessments. 

Karsan concluded, “By leveraging the expertise of our more than 100 industrial organizational (I/O) psychologists, HR researchers and recruiters, as well as the best practices we’ve learned from more than 20 years in the industry, Kenexa enables organizations to not just deploy technology but to maximize its business value.”

The 400-plus-page study is based on detailed briefings and product demonstrations provided by 24 vendors; completed surveys from 460 HR, learning and development, and information technology professionals; and more than 40 interviews with HR and talent leaders.

For more details about the study, please visit www.bersin.com/tmsystems.  

For more information on Kenexa, please visit www.kenexa.com

 

Matt Lafata, HRchitect

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HealthcareSource Announces Performance Manager Version 3.0…from HealthcareSource

November 6, 2009

 

Enhanced competency assessment capabilities highlight latest product version

HRchitect includes Position Manager in our list of top Talent Acquisition Systems vendors that businesses should consider. If you are looking for a new Talent Management System, or any HR system, talk to HRchitect first. We have unparalleled knowledge of the HR and Talent Management vendor community and can save you time and money in selection and implementation.

HealthcareSource®, the leading provider of talent management solutions for the healthcare industry, officially announced recently the availability of the latest version of its Performance Manager software. The enhancements are designed to help its hospital clients manage employee competencies easier than ever before.

Hospitals today are faced with increased pressure from many outside sources to improve patient care and decrease preventable medical errors. Employee performance and competency has been linked to patient safety and patient satisfaction, evoking the need for an efficient system to help manage a hospital workforce. To address these concerns and to help hospitals improve both the quality and safety of patient care through a competent and motivated workforce, HealthcareSource released Performance Manager 3.0. This leading performance management software, which supports The Joint Commission best practices, includes performance appraisals, competency management, learning management, and talent performance measurement.

“We are in the trenches with our clients, so we know the stresses and challenges that they encounter every day,” said Peter Segall, CEO of HealthcareSource. “Hospital patients expect the best care and in turn, hospitals are more focused on patient satisfaction and quality. Managing competencies and skills checklists is different in healthcare than in other industries, and with so many healthcare facilities using Performance Manager, we are now able to make improvements, based on real world experience and client feedback, that make this product so perfect for healthcare providers.”

Performance Manager’s latest product version is currently used by more than 200 hospitals and healthcare facilities nationwide. In addition to the competency management improvements, version 3.0 features improvements to reporting, scheduling, and configuration. Performance Manager 3.0 now supports: 

  • Unique assessment forms for every hospital job
  • Competency assessments that are separate from annual performance appraisals
  • Age/population specific competencies Initial and ongoing competency validation and assessment
  • Initial and ongoing competency validation and assessment
  • Manager and preceptor collaboration
  • Automated, event-based scheduling (which can be used to trigger hire date, anniversary date, specific calendar dates, and more).
  • Online content and testing, in-service scheduling and rosters, and external training tracking through its integrated training module

“HealthcareSource has greatly helped us improve employee engagement, streamline processes, reduce time for paperwork, and reach organizational goals. With their newest Performance Manager release, the additional customization options and more intuitive environment make it by far the strongest product version we have seen to date in terms of usability for the end user,” said Bonnie Gray, compensation manager at Maine General Health. “We’re very excited about the robust enhancements to competency, feedback routing, reporting, and appraisals, as these will ensure that we hire, train, and retain a productive staff that is committed to patient care. In addition, the new feature upgrades help us comply with The Joint Commission, making all of our documents readily available with the confidence they will be there when we need them.”

For more information on HealthcareSource, please visit www.healthcaresource.com

 

Matt Lafata, HRchitect

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Salary.com Announces Second Quarter 2010 Financial Results…from Salary.com

November 6, 2009

 

Reports 34th Consecutive Quarter of Revenue Growth; Achieves Positive Operating Cash Flow for Second Quarter in a Row

HRchitect featured Salary.com in our 2008 release of The Suite Life of Integrated Talent Management and also includes them in our list of top Talent Management Systems and top HRIS vendors that businesses should consider. If you are looking for a new Talent Management System, or any HR system, talk to HRchitect first. We have unparalleled knowledge of the HR and Talent Management vendor community and can save you time and money in selection and implementation.

Salary.com, Inc. (NASDAQ: SLRY), a leading provider of on-demand talent management, payroll, and compensation solutions, recently announced financial results for its second quarter of fiscal 2010, which ended September 30, 2009.

Revenue in the second quarter of 2010 was $11.6 million, an increase of 10% over the second quarter of fiscal 2009. Bookings were $12.2 million, an increase of 9% over the second quarter of fiscal 2009. Non-GAAP operating cash flow, which excludes cash payments for severance, was positive with a cash inflow of $0.5 million in the second quarter of 2010. GAAP operating cash flow was an inflow of $0.4 million in the second quarter of 2010.

Kent Plunkett, founder and chief executive officer, stated, “We are pleased to have completed our 34th consecutive quarter of revenue growth and achieved positive operating cash flow from operations for the second quarter in a row. Our broad strategy of offering an array of integrated, best-in-breed human capital management tools and data again contributed to larger overall transaction sizes in the second quarter, with 14 transactions over $100,000 in the quarter and six of those larger than $250,000. We believe Salary.com’s strong execution is reflected in continued bookings and cash flow growth as we continue to gain momentum as a human capital management leader.”

Second Quarter 2010 Financial Summary

–  Second quarter revenue was $11.6 million, an increase of 10% over the second quarter of fiscal 2009.

–  On a GAAP basis, for the second quarter of fiscal 2010, Salary.com reported a net loss of $4.7 million, or ($0.29) per diluted share, compared to a net loss of $6.3 million, or ($0.39) per diluted share, in the second quarter of fiscal 2009.

–  On a non-GAAP basis, excluding stock-based compensation, amortization of intangibles and restructuring expenses, Salary.com reported a net loss of $1.9 million, or ($0.12) per diluted share, for the second quarter of fiscal 2010, compared to a net loss of $3.0 million, or ($0.18) per diluted share, in the second quarter of fiscal 2009.

–  Cash and cash equivalents as of September 30, 2009 were $16.1 million, compared to $17.0 million as of June 30, 2009.

–  Current deferred revenue was $27.3 million as of September 30, 2009, compared to $27.4 million as of June 30, 2009.  Total deferred revenue grew to $29.9 million as of September 30, 2009, from $29.3 million as of June 30, 2009.

–  Excluding non-recurring cash payments for severance, non-GAAP cash flow from operations was a net inflow of $0.5 million in the second quarter of fiscal 2010. Including the non-recurring payments for severance, GAAP cash flow from operations was a net inflow of $0.4 million, a $1.4 million improvement compared to the same period a year ago.

Additional Second Quarter Business Highlights

–  During the second quarter, Salary.com added approximately 100 customers, and ended the quarter with approximately 3,600 enterprise customers.

–  New customer additions in the second quarter of fiscal 2010 included: Boston Medical Center, Caraco Pharmaceutical Laboratories, Ltd., Casio America, Inc., The Cooper Health System, Emergint Technologies Inc., and Washington Mills Management, Inc.

–  During the second quarter, Salary.com held user conferences in Boston, Chicago, New York, San Francisco, and Singapore, with over 500 customers attending.  The user groups offered four separate tracks for different human resources disciplines and featured industry experts from Gartner, IDC, and Bersin & Associates as speakers.

–  At the HR Technology Conference in October, Salary.com won the Talent Management Shootout in a vote by hundreds of human resources professionals.  TalentManager won the contest against three competitors after a demonstration of its easy-to-learn and easy-to-use features and the seamless integration of TalentManager’s data-driven content with Salary.com’s performance, competency, goal management, compensation planning, succession planning, career planning, and employee development software and data solutions. Bersin and Associates published the reasons they believe Salary.com won the Shootout in a blog post.

–  During the second quarter, Salary.com repurchased approximately 179,000 shares at an average purchase price of $3.01 per share.  To date, the Company has repurchased approximately 1.3 million shares at an average price of $2.03 per share.

Bryce Chicoyne, Salary.com’s chief financial officer said, “Our effective execution in the second quarter resulted in an increase in bookings, revenue, and operating cash flow on both a year-over-year and sequential basis, and I am proud of that accomplishment. We remain committed to long-term revenue growth and cash flow generation and are managing the company with that in mind. Larger deal trends and a continued strong customer retention rate are fueling our optimism for long-term growth.”

Business Outlook

For the third quarter of fiscal 2010, Salary.com expects total revenue in the range of $11.4 million to $11.9 million. Non-GAAP net loss is expected to be in the range of $1.7 million to $2.2 million. Non-GAAP net loss excludes non-cash stock-based compensation expenses in the range of $1.7 million to $2.0 million, amortization of intangibles in the range of $1.2 million to $1.3 million, and restructuring charges of approximately $100,000. GAAP net loss for the third quarter of fiscal 2010 is expected to be in the range of $4.7 million to $5.8 million. Weighted average diluted shares for the quarter are estimated to be approximately 16.2 million shares.

For the full year fiscal 2010, we expect revenue to be in the range of $46.5 million to $50.5 million. Non-GAAP net loss is expected to be in the range of $4.8 million to $8.8 million. Non-GAAP net loss excludes non-cash impact of stock-based compensation in the range of $8.0million to $10.0 million, amortization of intangibles in the range of $4.8 million to $5.1 million, and restructuring charges of approximately $200,000. On a GAAP basis, net loss for fiscal 2010 is expected to be in the range of $19.3 million to $23.3 million. Non-GAAP cash flow from operations, which excludes $500,000 in severance, is expected to be in the range of $1.2 million to $2.2 million in fiscal 2010. Weighted average diluted shares for the year are estimated to be approximately 16.3 million shares.

For more information on Salary.com, please visit www.salary.com

 

Matt Lafata, HRchitect

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