SilkRoad technology Sponsored Report Indicates Growing Uptake of Onboarding in 2009

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Aberdeen Group report surveys 600+ HR executives; Complimentary copy made possible in part by SilkRoad sponsorship

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One of our products, RedCarpet, provides massive increases in new hire satisfaction and day one readiness for many of our clients, ultimately keeping employee morale and productivity high while automating time-consuming HR tasks.

Winston-Salem, NC (PRWEB) February 11, 2009 -- Sixty-eight percent of corporate human resources executives recently surveyed indicated that their companies have a formal onboarding process in place, according to a recent Aberdeen study sponsored in part by SilkRoad technology, inc., the leading provider of talent management solutions. The study, "Fully On-Board: Getting the Most from Your Talent in the First Year," found that top-performing companies with formal onboarding procedures in place saw a 31 percent average improvement in new employee engagement and a 24 percent average decrease in time-to-productivity for new employees.

Effective onboarding of new employees is so crucial that more than half of the 600 human resources, talent management, and line of business executives surveyed and interviewed in December 2008 and January 2009 for the study indicated that the current state of the economy would increase the importance their organization placed on onboarding in 2009.

Two-thirds of survey respondents also indicated that their organizations start the onboarding process even before the new employee's start date of employment to smooth the transition process. Top concerns related to onboarding included retaining new employees, increasing their productivity and improving the reputation of the company as an employer of choice.

A complimentary copy of the Aberdeen report has been made available by SilkRoad and other sponsors at: http://www.aberdeen.com/link/sponsor.asp?cid=5729.

"We have long joined others in the HR industry to tout the importance of formalized onboarding programs, and this study underscores how they can contribute to improvements in efficiency and engagement," said SilkRoad technology CEO Andrew J. "Flip" Filipowski. "One of our products, RedCarpet, provides massive increases in new hire satisfaction and day one readiness for many of our clients, ultimately keeping employee morale and productivity high while automating time-consuming HR tasks."

SilkRoad provides a suite of Web-based talent management solutions, including RedCarpet™, an onboarding and life events management solution that automates the socialization and transition of employees into their new roles while alleviating the burden and cost of paperwork and task management, saving companies time and money. Other SilkRoad products include OpenHire™, a market-leading recruiting management solution, WingSpan™ for flexible employee performance management, GreenLight™ for learning management, and Eprise™ for employee intranets and content management.

"It is very clear that for a majority of Best-in-Class organizations, onboarding is the continuation of the recruitment process well into the first year of a new employee's tenure with the company," noted the co-author of the report, Kevin Martin, vice president and principal analyst, Human Capital Management at Aberdeen. "If they haven't done so already, these organizations seek to integrate onboarding with recruitment and performance management. At these companies, onboarding not only improves hiring quality and efficiencies, but also increases the new employee's ability to contribute productively in a timely manner."

About Aberdeen Group, a Harte-Hanks Company
Aberdeen is a leading provider of fact-based research and market intelligence that delivers demonstrable results. Having benchmarked more than 30,000 companies in the past two years, Aberdeen is uniquely positioned to educate users to action: driving market awareness, creating demand, enabling sales, and delivering meaningful return-on-investment analysis. As the trusted advisor to the global technology markets, corporations turn to Aberdeen™ for insights that drive decisions.

As a Harte-Hanks Company, Aberdeen plays a key role of putting content in context for the global direct and targeted marketing company. Aberdeen's analytical and independent view of the "customer optimization" process of Harte-Hanks (Information - Opportunity - Insight - Engagement - Interaction) extends the client value and accentuates the strategic role Harte-Hanks brings to the market. For additional information, visit Aberdeen http://www.aberdeen.com or call (617) 723-7890, or to learn more about Harte-Hanks, call (800) 456-9748 or go to http://www.harte-hanks.com.

About SilkRoad technology, inc.
SilkRoad technology, inc. provides software as a service (SaaS) solutions that significantly improve the talent within its more than 1000 customers across the globe. Through SilkRoad's Life Suite™, an integrated talent management solution, companies are able to hire better employees, identify high and low performers, drive a pay-for-performance culture and improve employee tenure. The SilkRoad Life Suite includes OpenHire™ for recruiting management, RedCarpet™ for employee onboarding and life events, WingSpan™ for flexible employee performance management, GreenLight™ for learning management, and Eprise™ for employee intranets and content management.

SilkRoad technology is headquartered in Winston-Salem, NC with offices in Bedford, MA; Chicago, IL; West Long Branch, NJ; Jacksonville, Florida; Alberta, Canada; Singapore, Republic of Singapore; Sydney, Australia and Hamburg, Germany. More information is available on the Web at http://www.silkroad.com or by phone: U.S. toll free at 866-329-3363 or internationally at +1-336-201-5100.

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