SkillSurvey Begins 2008 with Record Growth, Profitability

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Pioneer in reference checks adds Fortune 1000 clients, increases recruiting firm members.

We’ve gained traction among major companies as they strive to cut recruiting costs and increase hiring accuracy

SkillSurvey, Inc. the leading provider of web-based reference checking solutions, today announced sustained growth throughout 2007 and first quarter 2008, with a marked increase in corporate Fortune 1000 clients.    

SkillSurvey increased their number of new corporate clients 67 percent between 2006 through the end of 2007, with 25 percent of its client base ranked among the Fortune 1000 to Fortune 50. The company increased bookings by over 300 percent over this time last year. Notable new clients include GlaxoSmithKline, Reebok, Time Warner Cable, Rite Aid, Boston Scientific, Kohl’s, Nutrisystem, Scottrade and Proctor & Gamble.

The company has also seen a 54 percent growth among customers in the staffing and recruiting market, including Manpower and Kelly Services, helping them more efficiently screen their prospective contract workers.

The SkillSurvey Pre-Hire 360 solution, named a Top 10 HR Product of 2007 by HR Executive Magazine, enables companies to complete fast and accurate reference checks without the time-intensive phone calls.

"We’ve gained traction among major companies as they strive to cut recruiting costs and increase hiring accuracy," said Ray Bixler, chief executive officer. "The reference check has traditionally been handled by phone as a means for gaining valuable third-party insight into candidates, but the phone-based process has been hampered by inefficiencies and liability concern. SkillSurvey has revolutionized reference checking and the robust growth in our customer base demonstrates the value it offers."

A key 2007 addition to SkillSurvey management is Cynthia Hedricks, chief analytics officer, whose deep experience in predictive data analytics enables the company to help customers improve their quality of hire. The company wanted to ensure that its technology wasn’t merely offering an efficient approach but that science and validity studies improved quality and value of the SkillSurvey reports.

Hedricks co-chairs SkillSurvey’s professional advisory board along with GlaxoSmithKline’s Lou Manzi. The board, which boasts such seasoned human resource industry visionaries as Peter Capelli of The Wharton School, Ed Newman of the Newman Group and Chris Forman of AIRS, provides the SkillSurvey executive team with deep industry, technology and business guidance.

SkillSurvey has also attracted a number of new partnerships such as Safe Hiring, Position Manager, Premier Employment and USIS, joining existing partners such as Taleo, Hewitt, Pinstripe, Verifications and Veritude.

For many SkillSurvey customers, their high volume of hiring, the time-intensive task of telephoning references, and the reluctance of employers to provide information results in an operational bottleneck to filling jobs. Yet foregoing reference checks may mean hiring unqualified employees.

With SkillSurvey’s patent-pending technology, SkillSurvey customers ranging from elementary schools to Fortune-ranked organizations can increase their hiring accuracy while simultaneously increasing efficiency.

About SkillSurvey
SkillSurvey is the leading provider and pioneer of online reference assessment solutions that increase quality of hire and eliminate time wasted in the recruiting process. Using SkillSurvey, organizations improve the quantity and quality of information they collect regarding a candidate’s past performance, resulting in a significant reduction in time and money spent on reference checking. This breakthrough approach to reference assessments is patent pending, and based on a proprietary online process and over 25 years of research in job competency modeling. To learn more, visit http://www.skillsurvey.com or contact us at information(at)skillsurvey.com.

Media Contacts:
Erika von Hoyer
VP, Marketing
SkillSurvey, Inc.
610-727-4161
evonhoyer(at)skillsurvey.com

This press release was distributed through eMediawire by Human Resources Marketer (HR Marketer: http://www.HRmarketer.com) on behalf of the company listed above.

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