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City of Chicago Saves $1.75 Million and Takes the Politics Out of Hiring With Taleo

^{Published on 2009-11-13 03:27:43 - Market Wire}
 

DUBLIN, CA--(Marketwire - November 13, 2009) - Taleo Corporation (NASDAQ: [ TLEO ]), the leading provider of on-demand talent management solutions, today announced that Karina Ayala-Bermejo, the Acting Commissioner for the City of Chicago's Department of Human Resources, was the featured guest on this week's edition of The Bill Kutik Radio Show®.

Ayala-Bermejo shared perspective on creating an effective, consistent and repeatable hiring process for the City's 33,000 employees that meets strict compliance standards. Prior to implementing Taleo, the high volume of applications the City received had to be manually qualified, creating a lengthy and laborious staffing process. The City was looking for an efficient way to balance the critical need for improved effectiveness and responsiveness while continuing to meet stringent compliance requirements.

With the help of Taleo's technology, the City has been able to automate a highly prescriptive prescreening process and says it has reduced the number of candidates who must be manually screened by an average of over 90 percent, with a corresponding reduction in cycle times. According to the City's calculations, this faster, more-automated process resulted in a first year cost savings of $1.75 million.

"By using objective standards for each applicant, we can erase any notion that outside influence has entered the hiring decision and ensure that only the best candidates will be considered for the job," said Ayala-Bermejo. "Working with Taleo technology, we have created an automated process that is transparent and allows us to better screen our applicants. We are confident it will serve as a model for other government agencies."

The Bill Kutik Radio Show is a bi-weekly talk show featuring Bill Kutik, one of the leading independent analysts in the HR technology marketplace. The Bill Kutik Radio Show® features unedited and unrehearsed conversations with some of the industry's key thought-leaders, including executives for some of the leading technology providers and practitioners. The Bill Kutik Radio Show airs at noon (12PM) EST every other Wednesday.

A link to listen to Ayala-Bermejo's appearance is now available at [ http://www.billkutikradioshow.com ]

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About Taleo

Taleo (NASDAQ: [ TLEO ]) is the leader in on demand unified talent management solutions that empower organizations of all sizes to better understand and engage their best talent for improved business performance. More than 4,200 organizations use Taleo for talent acquisition and performance management, including 46 of the Fortune 100 and over 3,500 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/A, as filed with the SEC on November 4, 2009, and in other reports filed by Taleo with the SEC.