Kenexa Corporation
Encyclopedia
Kenexa Corporation provides employment
and retention
solutions to assist organizations in hiring
and keeping workers. Such services include Kenexa recruitment process outsourcing
(RPO) (which assists in global recruiting); onboarding
solutions (form management for electronic signature
, legal documents and workflow
tracking); employee assessment to assist orgnaizations in obtaining and keeping highly qualified employees, Kenexa Prove It, abilities assessment to choose and target employment candidates; Kenexa Interview
Builder, a structured interview
archive
with hundreds of example questions as well as employment branding
solutions. The company acquired
Salary.com in August 2010.
to a broad range of industries, creating its first automated recruiting management system as well as providing employee research
and employee performance management integrated with on-demand software all during their first decade of operation. Prior to 1998, the company had purchased fifteen organizations, expanding on their existing profile by allowing them to offer on-demand human capital management services.
During the next 3 years, Kenexa exited the staffing business, and expanded their focus on workforce performance management solutions and recruitment outsourcing
by acquiring four additional companies. These organizations allowed the company to offer employee screening
, behavioral assessment and skills testing products.
In 2005, the company realized its initial public offering
followed by the acquisition of BrassRing LLC, Gantz Wiley Research, Knowledge Workers Inc., Psychometric Services and Webhire, which preceded the purchase of HRC Human Resources Consulting GmbH and StraightSource in 2007, which expanded their business in Europe
.
From 2008-2009, Kenexa continued to expand globally by its ownership of more than 30 offices in Asia
, Europe
, the Middle East
and North America
. The company also took control of Quorum International Search Limited. This action was followed in 2010 by Kenexa's most recent acquisitions of the Centre for High Performance Development and Salary.com.
, Brassring LLC is a provider of candidate searching, hiring strategy, skills management and outsourcing software solutions.
and management training.
firm which conducts surveys
of employees and clients for customers ranging from banks
to discount stores. The company was responsible for creating the WorkTrends database of employee survey
results, which looked at subjects such as customer relations, employee engagement
and leadership.
supplies technology assistance and human resource consulting
to government agencies.
and human resource management
solutions company in the United States
human capital
Software as a Service
(SaaS) market. The company's services are used by compensation professionals for compensation planning.
Employment
Employment is a contract between two parties, one being the employer and the other being the employee. An employee may be defined as:- Employee :...
and retention
Employee retention
Employee retention refers to the ability of an organization to retain its employees. Employee retention can be represented by a simple statistic...
solutions to assist organizations in hiring
Hiring
Hiring may refer to:* Recruitment of personnel * Renting of something...
and keeping workers. Such services include Kenexa recruitment process outsourcing
Recruitment Process Outsourcing
Recruitment Process Outsourcing is a form of business process outsourcing where an employer outsources or transfers all or part of its recruitment activities to an external service provider....
(RPO) (which assists in global recruiting); onboarding
Onboarding
Onboarding, also known as organizational socialization, refers to the mechanism through which new employees acquire the necessary knowledge, skills, and behaviors to become effective organizational members and insiders...
solutions (form management for electronic signature
Electronic signature
An electronic signature, or e-signature, is any electronic means that indicates either that a person adopts the contents of an electronic message, or more broadly that the person who claims to have written a message is the one who wrote it . By comparison, a signature is a stylized script...
, legal documents and workflow
Workflow
A workflow consists of a sequence of connected steps. It is a depiction of a sequence of operations, declared as work of a person, a group of persons, an organization of staff, or one or more simple or complex mechanisms. Workflow may be seen as any abstraction of real work...
tracking); employee assessment to assist orgnaizations in obtaining and keeping highly qualified employees, Kenexa Prove It, abilities assessment to choose and target employment candidates; Kenexa Interview
Interview
An interview is a conversation between two people where questions are asked by the interviewer to obtain information from the interviewee.- Interview as a Method for Qualitative Research:"Definition" -...
Builder, a structured interview
Job interview
A job interview is a process in which a potential employee is evaluated by an employer for prospective employment in their company, organization, or firm. During this process, the employer hopes to determine whether or not the applicant is suitable for the job.-Role:A job interview typically...
archive
Archive
An archive is a collection of historical records, or the physical place they are located. Archives contain primary source documents that have accumulated over the course of an individual or organization's lifetime, and are kept to show the function of an organization...
with hundreds of example questions as well as employment branding
Employer branding
The term employer brand was first used in the early 1990s to denote an organisation’s reputation as an employer. Since then, it has become widely adopted by the global management community...
solutions. The company acquired
Mergers and acquisitions
Mergers and acquisitions refers to the aspect of corporate strategy, corporate finance and management dealing with the buying, selling, dividing and combining of different companies and similar entities that can help an enterprise grow rapidly in its sector or location of origin, or a new field or...
Salary.com in August 2010.
History
In 1987, Kenexa began by providing recruitment servicesEmployment agency
An employment agency is an organization which matches employers to employees. In all developed countries there is a publicly funded employment agency and multiple private businesses which also act as employment agencies.-Public employment agencies:...
to a broad range of industries, creating its first automated recruiting management system as well as providing employee research
Employee research
In organizational development , employee research involves the use of surveys, focus groups and other data-gathering methods to find out the attitudes, opinions and feelings of members of an organization....
and employee performance management integrated with on-demand software all during their first decade of operation. Prior to 1998, the company had purchased fifteen organizations, expanding on their existing profile by allowing them to offer on-demand human capital management services.
During the next 3 years, Kenexa exited the staffing business, and expanded their focus on workforce performance management solutions and recruitment outsourcing
Outsourcing
Outsourcing is the process of contracting a business function to someone else.-Overview:The term outsourcing is used inconsistently but usually involves the contracting out of a business function - commonly one previously performed in-house - to an external provider...
by acquiring four additional companies. These organizations allowed the company to offer employee screening
Screening
One meaning of screening is the investigation of a great number of something looking for those with a particular problem or feature....
, behavioral assessment and skills testing products.
In 2005, the company realized its initial public offering
Initial public offering
An initial public offering or stock market launch, is the first sale of stock by a private company to the public. It can be used by either small or large companies to raise expansion capital and become publicly traded enterprises...
followed by the acquisition of BrassRing LLC, Gantz Wiley Research, Knowledge Workers Inc., Psychometric Services and Webhire, which preceded the purchase of HRC Human Resources Consulting GmbH and StraightSource in 2007, which expanded their business in Europe
Europe
Europe is, by convention, one of the world's seven continents. Comprising the westernmost peninsula of Eurasia, Europe is generally 'divided' from Asia to its east by the watershed divides of the Ural and Caucasus Mountains, the Ural River, the Caspian and Black Seas, and the waterways connecting...
.
From 2008-2009, Kenexa continued to expand globally by its ownership of more than 30 offices in Asia
Asia
Asia is the world's largest and most populous continent, located primarily in the eastern and northern hemispheres. It covers 8.7% of the Earth's total surface area and with approximately 3.879 billion people, it hosts 60% of the world's current human population...
, Europe
Europe
Europe is, by convention, one of the world's seven continents. Comprising the westernmost peninsula of Eurasia, Europe is generally 'divided' from Asia to its east by the watershed divides of the Ural and Caucasus Mountains, the Ural River, the Caspian and Black Seas, and the waterways connecting...
, the Middle East
Middle East
The Middle East is a region that encompasses Western Asia and Northern Africa. It is often used as a synonym for Near East, in opposition to Far East...
and North America
North America
North America is a continent wholly within the Northern Hemisphere and almost wholly within the Western Hemisphere. It is also considered a northern subcontinent of the Americas...
. The company also took control of Quorum International Search Limited. This action was followed in 2010 by Kenexa's most recent acquisitions of the Centre for High Performance Development and Salary.com.
Brassring LLC
Founded in 1999 in Waltham, MassachusettsWaltham, Massachusetts
Waltham is a city in Middlesex County, Massachusetts, United States, was an early center for the labor movement, and major contributor to the American Industrial Revolution. The original home of the Boston Manufacturing Company, the city was a prototype for 19th century industrial city planning,...
, Brassring LLC is a provider of candidate searching, hiring strategy, skills management and outsourcing software solutions.
Centre for High Performance Development
Founded in 1996 in London, England, the Centre for High Performance Development is a management training company that offers human resources consultancy, leadership developmentLeadership development
Leadership development refers to any activity that enhances the quality of leadership within an individual or organization. These activities have ranged from MBA style programs offered at university business schools to action learning, high-ropes courses and executive retreats.- Developing...
and management training.
Gantz Wiley Research
Founded in 1986, Gantz Wiley Research in Minneapolis, MN is a survey data analysisMarketing research
Marketing research is "the function that links the consumer, customer, and public to the marketer through information — information used to identify and define marketing opportunities and problems; generate, refine, and evaluate marketing actions; monitor marketing performance; and improve...
firm which conducts surveys
Statistical survey
Survey methodology is the field that studies surveys, that is, the sample of individuals from a population with a view towards making statistical inferences about the population using the sample. Polls about public opinion, such as political beliefs, are reported in the news media in democracies....
of employees and clients for customers ranging from banks
Banks
Banks or The Banks may refer to:* Bank, a financial institution- Placenames :Australia* Banks, Australian Capital Territory, a suburb of Canberra...
to discount stores. The company was responsible for creating the WorkTrends database of employee survey
Employee surveys
The benefits of conducting regular online employee surveys can be considerable, but for surveys to be effective important upfront considerations need to be made...
results, which looked at subjects such as customer relations, employee engagement
Employee engagement
Employee engagement, also called worker engagement, is a business management concept. An "engaged employee" is one who is fully involved in, and enthusiastic about their work, and thus will act in a way that furthers their organization's interests...
and leadership.
Knowledge Workers, Inc.
Founded in 1985, Knowledge Workers, Inc. of Englewood, ColoradoEnglewood, Colorado
The city of Englewood is a Home Rule Municipality located in Arapahoe County, Colorado, United States. As of 2007, the city is estimated to have a total population of 32,532. Englewood is part of the Denver-Aurora Metropolitan Area. Englewood is located in the South Platte River Valley east of the...
supplies technology assistance and human resource consulting
Human resource consulting
Human resource consulting is an $18.4 billion industry that has emerged from management consulting, asclients' needs have become more complex and specialized, widening the gap between HR needs and work force capabilities, and thus accentuating the ability of HR management consulting firms to fill...
to government agencies.
Salary.com
Salary.com, Inc. is a compensationCompensation of employees
Compensation of employees is a statistical term used in national accounts, balance of payments statistics and sometimes in corporate accounts as well...
and human resource management
Human resource management
Human Resource Management is the management of an organization's employees. While human resource management is sometimes referred to as a "soft" management skill, effective practice within an organization requires a strategic focus to ensure that people resources can facilitate the achievement of...
solutions company in the United States
United States
The United States of America is a federal constitutional republic comprising fifty states and a federal district...
human capital
Human capital
Human capitalis the stock of competencies, knowledge and personality attributes embodied in the ability to perform labor so as to produce economic value. It is the attributes gained by a worker through education and experience...
Software as a Service
Software as a Service
Software as a service , sometimes referred to as "on-demand software," is a software delivery model in which software and its associated data are hosted centrally and are typically accessed by users using a thin client, normally using a web browser over the Internet.SaaS has become a common...
(SaaS) market. The company's services are used by compensation professionals for compensation planning.
Awards
- Top Five Global Recruitment Process OutsourcingRecruitment Process OutsourcingRecruitment Process Outsourcing is a form of business process outsourcing where an employer outsources or transfers all or part of its recruitment activities to an external service provider....
(RPO) Vendor (Baker's Dozen Customer SatisfactionCustomer satisfactionCustomer satisfaction, a term frequently used in marketing, is a measure of how products and services supplied by a company meet or surpass customer expectation...
Ratings 2010)
- 10th on ForbesForbesForbes is an American publishing and media company. Its flagship publication, the Forbes magazine, is published biweekly. Its primary competitors in the national business magazine category are Fortune, which is also published biweekly, and Business Week...
Fastest Growing Technology Companies, 2008
- Human Resources Magazine, Top Product of the Year, 2008, 2010