DUBLIN, CA--(Marketwire - June 4, 2008) - Taleo Corporation (NASDAQ: TLEO), the leading provider of on demand talent management solutions, today announced release 8.0 of its Taleo Business Edition™ recruiting solution. With this release of Taleo Business Edition, Taleo reaffirms its market leadership by allowing companies with less than 3,000 employees to source and hire top professional and hourly talent, leveraging social networks and advanced technology, via one recruiting application.
Using Taleo Business Edition
, small to medium businesses (SMBs) can now take advantage of a proprietary tool from LinkedIn called "Company Insider" that allows candidates to enter a career website and click on a link to see if there is anyone in their LinkedIn network working at that company.
. "Using 'Company Insider' will enable more than 23 million LinkedIn users to leverage their extended network to obtain more qualified referral information about a company prior to submitting their resume."
Taleo Business Edition has already experienced significant demand for integration with social networking tools. Since the introduction of Taleo's Facebook Platformapplication in Fall 2007, more than 1,000 users have posted jobs listed by Taleo Business Edition customers to their Facebook profile.
"SMBs are increasingly looking for ways to build their arsenal in the war for talent," said Jason Blessing, Group Vice President and General Manager, SMB, Taleo. "Taleo Business Edition is designed specifically for those businesses that want to streamline their ability to source and recruit talent -- whether for hourly or professional roles -- with a single, affordable and easy-to-use application from an industry leader."
across the recruiting lifecycle, including:
-- Web and Voice Response Capabilities: SMBs can reach a broader range of
candidates by supplementing the online application with a voice response
system designed for applicants without Internet access.
-- Pre-Qualification Screening: SMBs can screen, assess, flag, and rank
candidates by easily incorporating targeted questions about a candidate's
past experiences, industry knowledge and understanding of the role into the
application process.
-- Automated Interview Scheduling: SMBs can significantly reduce the
administrative burden associated with high-volume hiring through automated
interview scheduling based on threshold criteria met during the application
process.
"The new version of Taleo Business Edition will allow us to target and recruit top candidates faster and easier than ever before," said Heather Krentler, Talent Manager at Organic, a leading digital marketing agency. "We look at Taleo Business Edition as a competitive advantage -- it allows us to deliver an exceptional experience to our applicants, by enabling us to more effectively manage their consideration for an opportunity and, ultimately, their overall relationship with the company."
Taleo Business Edition starts at $99 per user per month. To learn more about Taleo Business Edition or request a free 30-day trial, click here
About Taleo
Taleo (NASDAQ: TLEO) is the leader in on demand unified talent management solutions that empower organizations of all sizes, around the world to assess, acquire, develop and align their workforce for improved business performance. More than 1,700 organizations use Taleo, including 35 of the Fortune 100, for talent acquisition and performance management, with over 1.2 million users hiring 3.6 million employees from 86 million candidates in more than 190 countries and territories. Known for its strong configurability and usability, Taleo's talent management
platform runs on a world-class infrastructure and offers 99.9% availability.
About LinkedIn
Forward-looking Statements
This release contains forward-looking statements, including statements regarding the demand for Taleo's solutions and 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 I, Item 1A of Taleo's Annual Report on Form 10-K, as filed with the SEC on March 14, 2008, Part II, Item 1A of Taleo's Quarterly Report on Form 10-Q, as filed with the SEC on May 12, 2008, and in other reports filed by Taleo with the SEC.