New Compensation Tool from Kenexa Expands Compensation Solution Set, Streamlines Job Description Management…from Kenexa

Web-based CompAnalyst Job Description Builder Helps Increase Hiring Efficiencies

HRchitect featured Kenexa in our 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. Derek Bluestone, VP Product Marketing appeared on the HRchitect WebMingle on June 17, 2010. HRchitect’s Matt Lafata, one of the industry’s leading talent management systems analysts, attended the Kenexa Analyst Day in May, 2010 and the Kenexa World Conference in 2009 and 2010.

If you are looking for a new Talent Management System, or any HR system, don’t rely solely on “recommendations” or published reports. Do yourself a huge favor and talk to HRchitect first. After 14 years, HRchitect has unparalleled knowledge of the HR and Talent Management vendor community and can save you time and money in selection and implementation. Simply put, do not invest in any kind of HR technology without consulting with the experts first. HRchitect is always available to help!

As the economy begins to recover and hiring increases, employers need to ensure their compensation programs remain competitive and in line with candidate expectations. The latest addition to Kenexa’s (NASDAQ:KNXA) award-winning compensation software, CompAnalyst Job Description Builder gives employers a streamlined approach to the creation, storage and maintenance of job descriptions, which are critical to talent and compensation management.

“Many organizations do not have a central place to store and manage job descriptions and have poorly defined systems for keeping them updated, which leads to job descriptions that are outdated, inaccurate and inconsistent. These inefficiencies can negatively affect quality of hire, accuracy of compensation benchmarking, and exposure to liability. The CompAnalyst Job Description Builder provides the solution to meet those needs,” stated Zahir Ladhani, Kenexa’s president, Compensation.

Job descriptions are a foundational component for successful recruiting and talent management and also are critical to maintaining EEOC compliance. With CompAnalyst Job Description Builder, HR and compensation professionals can easily manage the process of building and maintaining job descriptions. For companies without existing job descriptions – or for those looking for a point of reference for key roles – the solution also provides high-level descriptions, including functional competencies, for more than 4,000 benchmark jobs.

Since 1999, Kenexa, a global provider of business solutions for human resources, has been developing highly configurable compensation software that automates critical talent management processes, making them more effective and accessible. With the addition of Job Description Builder, Kenexa’s compensation software solutions continue to give businesses access to the compensation data and tools that are required to attract and hire top talent. Companies can choose from a complete set of flexible, web-based modules that, when combined, help reduce costs, increase efficiencies and eliminate compliance risks.

Hosted by Kenexa, Job Description Builder centralizes job description storage so job descriptions are accessible any time, from anywhere in the world. The newest CompAnalyst module gives customers the flexibility to build customized templates that reflect the unique structure and content of each organization’s job descriptions. The solution also maintains a complete history of changes to each job description and allows for the export of job descriptions to print-ready PDF or Word formats. In addition to the functionality provided by Job Description Builder, Kenexa’s CompAnalyst modules provide compensation data, market pricing tools, analytics software and other resources to help companies create successful compensation programs.

Kenexa’s CompAnalyst Job Description Builder is available immediately to new and existing Kenexa customers. Kenexa will exhibit this solution and others in Booth 603 at WorldatWork’s Total Rewards Conference, May 23-25, 2011 in San Diego, Calif.

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

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