Major Assessment Provider Partners with PeopleMatter to Unlock Innovative Talent Management Tools for Service Industry EmployersPeopleMatter Release
**CHARLESTON, s.c. – SEPT. 10, 2010 **– Through a strategic partnership between PeopleMatter and Corvirtus, businesses in the service industry, such as restaurants and convenience stores (C-Stores), can easily screen candidates with proven hiring assessments, fully integrated into the PeopleMatter Hire™ applicant tracking system (ATS), to ensure they have motivational fit for every position. With the cost of turnover ranging from 25 percent to 80 percent of annual wages for entry-level positions (according to a 2008 CrestCone study),and a National Restaurant Association conservative average turnover rate cited at 75 percent, employers can't afford to hire the wrong people.
PeopleMatter Hire embeds assessments for both entry-level and managerial positions within its ATS, so companies can seamlessly screen applicants during the hiring process within the same user experience. Hire's hiring assessments are designed to predict individual results that impact organizational outcomes such as customer experiences, sales, and profitability.
"This partnership will truly elevate our customers' ability to trust their hiring decisions and will ultimately put money back into their pockets by reducing turnover and building their brand. Hiring the right people translates to a better customer experience, which is the real differentiator between our customers and their competition," said Nate DaPore, PeopleMatter president and chief executive officer. DaPore continues, "We are always looking for new, innovative ways to help our customers unlock the full potential of their workforce and ensure they have the optimum motivational fit between their employees, and this partnership furthers that thinking."
Corvirtus's custom set of hiring assessments for the PeopleMatter product ecosystem are based on extensive science and research and designed to predict how an employee will perform long-term. Many managers today base hiring decisions on gut feeling or profiling tools, but research shows that using science and criteria to determine the needed skills and optimal personality characteristics for a specific position is a far more practical approach.
"By combining forces we are able to offer businesses a cost-effective, powerful solution to ensure they select, develop, and retain the right talent, said Marta Erhard, chief executive officer and founder of Corvirtus. "In times like these when there are hundreds of job applicants for each open position, organizations need a high quality, scientifically developed tool to streamline human resource functions as well as to take the guesswork out of hiring."
Hiring assessments will be a feature of the ATS within the PeopleMatter Hire module, available in September. The Hire module also includes a fully integrated ATS, background checks and tax credit processing. PeopleMatter plans to launch scheduling and learning modules next as part of the PeopleMatter talent ecosystem.
**PeopleMatter is a talent management solution for the service industry. We help companies like restaurants and C-Stores hire dependable employees and other service-industry employers, ignite their passion and inspire enduring loyalty by providing a comprehensive suite of HR tools including hiring, learning, scheduling, performance management, rewards and recognition and workplace social media collaboration. Our mission is to transform the workplace by providing managers and employees with tools that catalyze the innate human drive to make a difference–-because happy, engaged employees and managers lead to exemplary customer service. PeopleMatter. The name says it all. PeopleMatter is headquartered in Charleston, S.C.
**Corvirtus is a leading provider of selection, development, and retention assessments for industries where employees are the primary source of a differentiated customer experience. For more than 25 years, we have helped organizations and their leaders identify the right talent to earn increased revenue, profit, and market share. Our mission is to help your organization earn loyal customers by delivering a memorable customer experience.
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