WAYNE, Pa. (March 28, 2007) – Kenexa® (NASDAQ: KNXA), a leading provider of talent acquisition and retention solutions, today announced it has been selected to support the global recruiting initiatives of Goteborg, Sweden-based AB Volvo. AB Volvo is one of the world’s leading manufacturers of trucks, buses, construction equipment, drive systems for marine and industrial applications and aerospace components and services.
Under the terms of the agreement, Kenexa will provide an online global recruitment management system, Kenexa Recruiter BrassRing, which will allow Volvo to enhance its ability to recruit the very best candidates from a geographically diverse talent pool. Kenexa Recruiter BrassRing will support Volvo’s global recruitment process, including automating and streamlining its entire recruitment process and significantly reducing overall hiring costs.
Troy Kanter, Kenexa’s President and COO, commented, “In the highly competitive automotive market space, implementing Kenexa Recruiter BrassRing will help Volvo to attract, recruit and retain the very best talent in their field.”
Founded in 1927, Volvo employs more than 83,000 employees in 25 countries and markets its products in 185 countries. Known for the superior quality and value of its products, Volvo’s impressive roster of business units, including Volvo Trucks, Mack, Renault Trucks, Volvo Buses, Volvo Construction Equipment, Volvo Penta, Volvo Aero and Volvo Financial Services, have achieved world-wide brand recognition as a result of its 80-year history and global market penetration.
Delivered as an on-demand application, Kenexa Recruiter BrassRing system manages over 60 million candidate profiles. The system administers multiple sets of complex local business rules and languages within a single database and is accredited to the highest level of industry security standards.
About Kenexa
Kenexa Corporation (NASDAQ:KNXA) provides outsourcing, employee research and software to help organizations more effectively recruit and retain a productive workforce. Kenexa solutions include applicant tracking, employment process outsourcing, onboarding, skills and behavioral assessments, structured interviews, performance management, multi-rater feedback surveys, employee engagement surveys and HR Analytics. Headquartered in Wayne, Pa. (outside Philadelphia), Kenexa employs more than 1,200 people worldwide. More information about Kenexa and its global locations can be accessed at www.kenexa.com.
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