SilkRoad technology, inc., the leading provider of talent management solutions, announced today that the company is a Jumpstart Sponsor for the Aberdeen Group’s report, “All Aboard: Effective OnBoarding Strategies & Techniques,” publishing today.
Winston-Salem, N.C. (January 31, 2008) – SilkRoad technology, inc., the leading provider of talent management solutions, announced today that the company is a Jumpstart Sponsor for the Aberdeen Group’s report, “All Aboard: Effective OnBoarding Strategies & Techniques,” publishing today.
SilkRoad partnered with the Aberdeen Group to investigate and identify the top challenges to onboarding and the strategies that help organizations achieve success. Findings indicate that new employee retention has replaced time-to-productivity as the key onboarding challenge. The report characterizes the organizational approaches used by companies that are the most and least successful in onboarding, and includes the role technology plays in that success.
Aberdeen Group Research Director Kevin Martin authored the report. He noted, “It would be hard to dispute the positive impact of technology on onboarding success given that 56% of companies in our ‘laggard’ category describe their onboarding solutions as paper-based, while 68% of those ‘best-in-class’ use an automated solution.” He continued, “The predominant use of technology for onboarding today is in the area of performance management. We anticipate growth in two key areas: using technology to improve the accuracy, timeliness and awareness of new employee data, and to proactively pursue and manage career development. Automating these areas enables companies to provide a more complete experience for new employees.”
SilkRoad provides web-based talent management solutions to more than 700 organizations worldwide. The company’s RedCarpet™ onboarding system contributes to successful retention by easing new hires into an organization via customized portals for socialization and information delivery, providing comprehensive task management tools and electronic forms to reduce administrative burden and errors, and by streamlining administrative workflow for process consistency and accountability.
SilkRoad technology COO Brian Platz said, “The competition to attract and retain top talent has never been more fierce – and onboarding is a key concern across industries as varied as health care and technology. Aberdeen Group is providing a great service with this report, as it provides tangible, actionable information that organizations can use to design strategies and build success. We’re pleased to have been invited to participate in this critical project.”
About SilkRoad technology, inc.
SilkRoad technology, inc. provides software as a service (SAAS) solutions that significantly improve the talent within its more than 600 customers across the globe. Through SilkRoad’s Life Suite, an integrated talent management solution, companies are able to hire better employees, identify high and low performers, drive a pay-for-performance culture and improve employee tenure. The SilkRoad Life Suite solution set includes OpenHire, for recruiting management, RedCarpet™ for employee onboarding and life events, WingSpan™ for flexible employee performance management, GreenLight™ for compensation management, and Eprise™ for employee intranets and content management. SilkRoad technology is headquartered in Winston-Salem, NC with offices in Bedford, MA; Chicago, IL; West Long Branch, NJ; and Hamburg, Germany. More information is available on the Web at www.silkroadtech.com or by phone: U.S. toll free at 866-329-3363 or internationally at +1-336-201-5100.
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