HRsmart Teams with RiseSmart to Offer Next-Generation Outplacement Services to HRsmart Customers
Talent Management software provider to add RiseSmart's Web-enabled Outplacement 2.0" solution to its portfolio of services
RICHARDSON, Texas and SUNNYVALE, Calif. (April 28, 2009) - HRsmart, a leading global provider of integrated Talent Management software, and RiseSmart, a provider of Web-enabled job search and outplacement services, today announced an agreement under which HRsmart will resell RiseSmart's Transition Concierge corporate outplacement services through HRsmart's U.S. sales channels. RiseSmart Transition Concierge provides high-touch, results-oriented outplacement services at a fraction of the cost of traditional firms. Industry observers have hailed RiseSmart's "Outplacement 2.0" approach as a disruptive innovation in a marketplace that has been paying too much for transition management services for too long. "HRsmart prides itself in delivering talent management solutions that are not only technologically superior, but also meet the need of the hour while remaining cost-effective," said Hanny Shehadeh, chief product officer of HRsmart. "RiseSmart has found an ingenious way to apply technology to dramatically reduce the cost of corporate outplacement - while granting departing employees a more effective action plan. We are delighted to offer the RiseSmart Transition Concierge services to our more than 650 corporate customers, including some of the largest companies in the world." "HRsmart is a leader in technology that helps companies manage all of their human capital, from candidate sourcing to employee development and, when the time comes, employee departures,'' said Sanjay Sathe, founder and CEO of RiseSmart. "We're honored that HRsmart has chosen to market RiseSmart Transition Concierge to its established and loyal customer base." RiseSmart Transition Concierge provides transitioned employees the services they need most during today's challenging economy: help with marketing themselves through a rewrite of their resumes and cover letters; guidance from a transition specialist, including assistance in using online social networks; and -- most importantly -- actionable job leads from across the Web based on their specific criteria, for a period of up to six months. To identify these job leads, a dedicated RiseSmart HR professional is assigned to each transitioned employee. Utilizing state-of-the-art search technology, the HR professional searches more than one million job listings across the Web, returning only the listings that best match the employee's specific criteria. RiseSmart then listens to employee feedback to continually enhance the results it delivers to each transitioned worker. BusinessWeek has touted the RiseSmart business model as making "a lot of sense," and the San Jose Mercury News says, "RiseSmart typifies the valley's knack for using technology to disrupt standard business practices." HR executives from Fortune 500 companies like ACS and Tenet Healthcare have also praised RiseSmart Transition Concierge. About HRsmart, Inc. HRsmart provides the fully integrated Talent Management Application suite, including applicant tracking, performance management, learning management, career development and succession planning in a single unified platform. HRsmart helps organizations of all sizes attract, identify, develop, motivate and retain top performers. Headquartered in Richardson, Texas, HRsmart has operations in the United States, Europe, Canada, Latin America, South Africa, Australia, Singapore and the Middle East. Learn more at www.hrsmart.com. About RiseSmart RiseSmart offers job search and outplacement services for jobseekers and corporations via the Web. For corporations experiencing job reductions, RiseSmart Transition Concierge offers high-tech, high-touch transition management services for employees at all levels, utilizing a results-oriented "Outplacement 2.0" model. If your company is planning for layoffs, please visit the RiseSmart transition management site for more information about the company's transition services at www.TransitionConcierge.com. For general information about RiseSmart, visit the company's Web site at www.RiseSmart.com. For More Information: For RiseSmart
Cathy Baradell
972-235-3439
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www.RiseSmart.com For HRsmart
Blake Hull
HRsmart Media Relations
Phone: 972-783-3124
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http://www.hrsmart.com
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