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Major U.S. Commercial Airline Extends Use of Workstream to Manage Compensation Planning
Publish Date : 1/24/2008 7:06:00 AM Source : IT and Management News Onlypunjab.com
Workstream Inc. (NASDAQ: WSTM), a leading provider of on-demand compensation, performance, and talent management solutions, today announced that a major U.S. commercial airline has extended its agreement to use the Workstream on-demand compensation management solution. The four-year extension to include 10,000 additional employees will enable the airline to continue using Workstream to manage compensation planning for thousands of employees worldwide.
The airlines’ decision to extend its use of Workstream for compensation planning coincides with recent and significant industry recognition for Workstream. In a comprehensive study of leading talent management suites published this month by Bersin & Associates, a research and advisory firm, Workstream earned top marks for its compensation management capabilities. More information about this achievement can be found at http://www.workstreaminc.com/company/news_press_releases.asp.
“Workstream continues to show its leadership in on-demand talent management through this significant extension of service with one of the top five U.S.-based airlines,” said Deepak Gupta, CEO for Workstream. “The potential for a slowdown in the economy drives the need for organizations to implement improved compensation practices and integrated pay-for-performance processes.”
Workstream Compensation 7.0 is the most flexible and globally capable set of on-demand compensation solutions on the talent management market. The combined products enable end-to-end management of all types of enterprise compensation, including salary, merit increases, variable pay, stock awards and non-cash incentives. Compensation 7.0 leverages Workstream TalentCenter’s single, unified user experience and integrated knowledge-management capabilities to ensure a strategic total compensation solution. In addition, the Compensation 7.0 products can be implemented separately or together, allowing organizations to achieve the goal of realizing a flexible pay-for-performance philosophy at their own pace.
About Workstream
Workstream provides on-demand compensation, performance and talent management solutions and services that help companies manage the entire employee lifecycle - from recruitment to retirement. Workstream's TalentCenter provides a unified view of all Workstream products and services including Recruitment, Performance, Compensation, Development and Transition. Access to TalentCenter is offered on a monthly subscription basis under an on-demand software delivery model to help companies build high performing workforces, while controlling costs. With offices across North America, Workstream services customers including Chevron, Kaiser Permanente and Wells Fargo. |
Voxeo Announces Profitable 2004 - Accelerated by Strong Fourth Quarter Growth
Publish Date : 1/26/2005 1:10:00 PM
Voxeo Corporation, the leading provider of standards-based VoiceXML and CCXML IVR platforms and IVR hosting, announced today that it achieved profitability in 2004....
Matrix VC to invest in Indian tech firms
Publish Date : 1/26/2005 12:29:00 PM
Matrix Partners, the US-based leading venture capital firm, is scouting for technology start-ups and IT firms in the Indian subcontinent to make strategic investments.
Kochi info-tech venture not clinched
Publish Date : 1/26/2005 12:23:00 PM
A Rs-15 billion info-tech venture at Kochi with Dubai Internet City is yet to be cleared, Kerala Chief Minister Oommen Chandy said Tuesday.
Help just a call away for call centre workers
Publish Date : 1/26/2005 10:48:00 AM
Help may be finally at hand for scores of young call centre industry professionals in India who increasingly fall prey to ailments like insomnia, depression and digestive ....
New Edge Networks Hosts 2nd Seminar Series on Building Broadband Networks
Publish Date : 1/24/2005 12:42:00 PM
New Edge Networks will host its second cross-country seminar series for encouraging business customers and communications resellers how to build broadband networks ....
Siebel Systems to Participate in Webcast Press Conference, Hosted by Good Technology
Publish Date : 1/24/2005 12:40:00 PM
Siebel Systems, Inc. (NASDAQ:SEBL), a leading provider of business applications software, today announced that Ken Rudin, Vice President, Siebel CRM OnDemand....
Progressive Gaming Awarded Contract for CasinoLink System by Casino Ljubljana in Slovenia
Publish Date : 1/24/2005 11:03:00 AM
Progressive Gaming International Corporation (Nasdaq:PGIC) (the Company), a leading supplier of integrated casino management systems and games for the gaming industry worldwide....
Frost & Sullivan Honors Leaders in Information & Communications Technologies
Publish Date : 1/20/2005 11:17:00 AM
Frost & Sullivan honored industry leaders for outstanding performance at last week's 3rd annual Excellence in Information & Communications Technologies Awards Banquet ...
Gartner Says Strong Mobile Sales Lift Worldwide PC Shipments
Publish Date : 1/19/2005 10:54:00 AM
Worldwide PC shipments in 2004 increased 11.8 percent from 2003, due to strong mobile PC sales, according to preliminary results by Gartner, Inc.
IPIX Joins GTSI's InteGuard Physical Security Alliance
Publish Date : 1/19/2005 10:53:00 AM
IPIX Corporation (Nasdaq:IPIX), a premium supplier of visual intelligence technologies, has announced its membership in GTSI Corp.'s InteGuard(TM) Physical Security Alliance.
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