Kenexa

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Kenexa, an IBM Company
Type Subsidiary
Industry Employment solutions
Founded 1987
Founders Nooruddin S. Karsan, Co-Founder, Chairman of the Board and Chief Executive Officer
Headquarters Wayne, Pennsylvania, United States
Key people Troy A. Kanter, Chief Operating Officer and Director;

Donald F. Volk, Chief Financial Officer and Principal Accounting Officer;

Mr. James P. Restivo, Chief Knowledge Officer;

Archie L. Jones Jr., Vice President of Business Development
Revenue $154M (USD)
Employees 2600
Parent IBM
Divisions
Website www.kenexa.com

Kenexa, an IBM Company 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);[1] onboarding solutions (form management for electronic signature, legal documents and workflow tracking); employee assessment to assist organizations in obtaining and keeping highly qualified employees, Kenexa Prove It,[2] 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.

History[edit]

In 1987, Kenexa began by providing recruitment services 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.[3]

The company acquired Salary.com in August 2010.[4]

On August 27, 2012, it was announced that Kenexa had been acquired by IBM for $1.3 billion.[5] The acquisition was closed on December 4, 2012 and Kenexa became known as Kenexa, an IBM Company with approximately 2,800 Kenexa employees in 21 countries joining IBM.[6]

Divisions[edit]

Brassring LLC[edit]

Founded in 1999 in Waltham, Massachusetts, Brassring LLC is a provider of candidate searching, hiring strategy, skills management and outsourcing software solutions.[7]

Centre for High Performance Development[edit]

Founded in 1996 in London, England, the Centre for High Performance Development is a management training company that offers human resources consultancy, leadership development and management training.[8]

Gantz Wiley Research[edit]

Founded in 1986, Gantz Wiley Research in Minneapolis, Minnesota, is a survey data analysis firm which conducts surveys of employees and clients for customers ranging from banks to discount stores.[9][10] 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.[11]

Knowledge Workers, Inc.[edit]

Founded in 1985, Knowledge Workers, Inc. of Englewood, Colorado,[12] supplies technology assistance and human resource consulting to government agencies.[13]

Salary.com[edit]

Salary.com, Inc.
Type Public
Industry Compensation solutions
Fate Acquired by Kenexa Corporation in 2010
Founded 1999
Founders G. Kent Plunkett, Founder and Chairman
Headquarters Waltham, Massachusetts, United States
Key people Paul R. Daoust, CEO
Revenue $9.7M (USD)
Employees 528
Parent Kenexa Corporation
Website www.salary.com

Salary.com, Inc. is a compensation 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.[14]

Awards[edit]

  • 10th on Forbes Fastest Growing Technology Companies, 2008[16]
  • Human Resources Magazine, Top Product of the Year, 2008, 2010[17][18]
  • Ranked the #1 most popular Talent Management Solution in 2012 and 2013 with 9,000 customers and 30 million users.[19]

References[edit]

External links[edit]