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How Do You Hire High-Quality People Who Learn Faster, Stay Longer, and Perform Better?

Kronos® customers hire the best using Workforce Acquisition™

2008-06-09

CHELMSFORD, Mass., June 9, 2008 — More than 60 percent of the U.S. workforce is made up of hourly workers, amongst whom turnover rates can be as high as 80-100 percent. This dynamic is increasingly driving organizations with a high percentage of field-based workers to choose selection and hiring solutions from Kronos® Incorporated to meet their hiring needs, and to ultimately revolutionize the quality of their workforce.

"Kronos has primarily and very successfully focused on field-based hiring, having sourced, assessed and hired more hourly job applications than anyone else," said Peter George, Kronos chief technology officer and general manager of Kronos' Talent Management Division. "We're thrilled with the adoption of Workforce Acquisition version 8, the latest release of our selection and hiring offering. We're experiencing strong momentum with new orders, as well as a high customer renewal rate."

Workforce Acquisition version 8 combines the strengths of Kronos' Unicru-based selection science and analytics with the superior technology and configurability which Kronos obtained through its acquisition of Deploy Solutions Inc.

Using behavioral science to improve workforce quality

One of the biggest staffing challenges in field-based organizations is the impact of turnover on the frontline workforce. Being able to identify the best-fit candidates for a position is the single most important goal of hourly hiring. Kronos scientists have developed assessments that can better predict whether a candidate will be successful in a given role based upon the behaviors that drive job performance.

By matching pre-employment data with actual job performance information, Kronos can provide insights into worker characteristics that lead to on-the-job success. This enables organizations to fine-tune their screening tools by modeling selection criteria after the characteristics of their top performers.

By making assessments an integrated part of its online hiring system, Kronos ensures a fair and uniform process for capturing applicant information and provides powerful tools to help customers hire better frontline staff.

"It doesn't matter how quickly you hire someone if they're the wrong fit for the position," said Steve Earl, director of marketing, Kronos Talent Management Division. "What matters most is being able to quickly and consistently identify those applicants who are most likely to succeed. Systematically hiring higher-quality employees enables our customers to improve the overall quality of their frontline workforce which ultimately drives bottom-line performance for their organization."

Finding the perfect fit in the fitness industry

"Town Sports is dedicated to selecting and hiring the very best people to work at our clubs," said Jim Rizzo, senior vice president of human resources at Town Sports International (TSI), the largest network of health and fitness clubs in the Northeastern U.S. with more than 165 facilities throughout 9 states in the Northeast United States. The science behind Kronos' selection and hiring technology has already enabled us to find and hire better-quality applicants."

Technology built for the field hiring

Workforce Acquisition version 8 is a comprehensive hiring solution encompassing everything from applicant sourcing to new-hire on-boarding. The powerful, feature-rich platform offers a user-friendly candidate experience that can be configured based upon a variety of factors including organization, brand, location, job, and whether the candidate is external or internal to the organization.

"Kronos' workforce management suite has provided significant benefits for TSI," continued Rizzo. "By linking our Kronos HRMS system with the selection and hiring technology, we avoid multiple points of data entry, and instead have instant visibility into our new hires regardless of the location that they are hired in. It's a perfect fit for us."

The latest version of Workforce Acquisition™ is available now. Call (800) 355-4547 for more information.

For related news announced today, visit: http://www.kronos.com/About/PressReleases.htm.

About Kronos Incorporated

Kronos Incorporated empowers organizations around the world to effectively manage their workforce. At Kronos, we are experts who are solely focused on delivering software and services that enable organizations to reduce costs, increase productivity, improve employee satisfaction, and ultimately enhance the level of service they provide. Kronos serves customers in more than 60 countries through its network of offices, subsidiaries, and distributors. Widely recognized as a market and thought leader in managing the workforce, Kronos has unrivaled reach with more than 30 million people using a Kronos solution every day. Learn more about Kronos at www.kronos.com.