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Taleo Corporation: Bic Group Employees Take Control of Their Careers With Taleo

^{Published on 2009-05-26 07:11:57, Last Modified on 2009-05-26 07:13:01 - Market Wire}
 

DUBLIN, CA--(Marketwire - May 26, 2009) - Taleo Corporation (NASDAQ: [ TLEO ]), the leading provider of on-demand talent management solutions, today announced that the Bic Group has successfully deployed Taleo Performance as part of a company-wide initiative to improve the efficiency of its workforce management processes. By moving from a manual process and investing in a more effective solution for performance evaluations, goal planning, and succession planning, the Bic Group has been able to transform performance management into an everyday occurrence.

The Bic Group selected Taleo Performance for its ease of use, intuitive user interface and global capabilities. After only three months of use, the company has already realized the following benefits:

 -- Managers now have a global view of talent. -- Employees have the ability to access and update their profile information, objectives and individual development plans at any time. -- In turn, Bic Group managers have real-time access to this valuable data, allowing for better decision support in team management and development planning. -- The Bic Group team is able to make organizational changes instantly and provide constantly up-to-date metrics. -- More year-end evaluations are being completed. In South America alone, 98% of the employees completed annual objective plans. 

"From an international standpoint, we needed a system that would appeal to managers around the world, regardless of location. Taleo Performance has provided us with an easy-to-use system to address performance management from the top down," said Manual Martinez, HR Development Director at Bic.

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 4,000 organizations use Taleo for talent acquisition and performance management, including 48 of the Fortune 100 and over 3,400 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 results from use of Taleo's solutions. 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 II, Item 1A of Taleo's Quarterly Report on Form 10-Q, as filed with the SEC on May 11, 2009, and in other reports filed by Taleo with the SEC.