Dublin, CA--(Marketwire) - Taleo Corporation (NASDAQ: TLEO), the leading provider of on demand talent management solutions, today announced that Domino's Pizza (NYSE: DPZ) has selected Taleo Recruiting as the single sourcing, hiring and onboarding solution for all of its corporate-owned stores and across more than 5,000 of its franchise-owned stores.
Founded in 1960, Domino's Pizza is the recognized world leader in pizza delivery. Through its primarily locally-owned and operated franchised system, Domino's operates a network of 8,726 franchised and company-owned stores in the United States and 60 international markets. The corporation selected Taleo for its online recruiting solution to allow Domino's to more quickly and cost-effectively attract, assess, hire and onboard the majority of its hourly-based employees worldwide.
"We recently embarked on a progressive initiative to completely reorganize our hourly workforce recruiting strategy around the Internet and were looking for an advanced recruiting solution to form the foundation," said Joseph Abraham, vice president of compensation, benefits and shared services for Domino's Pizza. "Recruiting for hourly workers requires unique knowledge, processes and practices which Taleo has acquired over the years. Taleo was best equipped to be our guide and partner during this transition and beyond."
"Companies that employ hourly workers face a unique set of challenges, including turnover that can be four times higher than salaried workers," said Mike Gregoire, president and CEO of Taleo. "Given that the 'Helped Wanted' sign is almost always on the door, we've put in place best practices to ensure that the application, hiring and onboarding process happens very quickly but in a way that engages the candidate with the company throughout the process."
Over 700,000 retail users across more than 60 organizations, including five of the top 10 retailers on the 2008 Fortune 500 list, use Taleo to attract, hire and retain both hourly and professional workers. Taleo's retail solution was profiled in Gartner's industry publication, "E-Recruitment in Retail: From Warm Bodies to Talent Management." In addition, Taleo is firmly established in the Gartner Magic Quadrant leadership position.
Taleo (NASDAQ: TLEO) is the leader in on demand unified talent management solutions that empower organizations of all sizes to assess, acquire, develop and align their workforces for improved business performance. More than 3,800 organizations use Taleo, including 47 of the Fortune 100 and over 3,000 small and medium sized businesses, for talent acquisition and performance management, in 200 countries and territories. Known for its strong configurability and usability, Taleo runs on a world-class infrastructure and offers 99.9% availability. Taleo's Talent Grid harnesses the resources of the Taleo community of customers, candidates, and partners to power the talent needs of companies around the world.
This release contains forward-looking statements, including statements regarding Taleo's future financial performance, market growth, the demand for and results from use of Taleo's solutions and general business conditions. Any forward-looking statements contained in this press release are based upon Taleo's historical performance and its current plans, estimates and expectations and are not a representation that such plans, estimates, or expectations will be achieved. These forward-looking statements represent Taleo's expectations as of the date of this press announcement. Subsequent events may cause these expectations to change, and Taleo disclaims any obligation to update the forward-looking statements in the future. These forward-looking statements are subject to known and unknown risks and uncertainties that may cause actual results to differ materially. Further information on potential factors that could affect actual results is included in Part I, Item 1A of Taleo's Annual Report on Form 10-K, as filed with the SEC on March 14, 2008, in Part II, Item 1A of Taleo's Quarterly Report on Form 10-Q, as filed with the SEC on August 11, 2008, and in other reports filed by Taleo with the SEC.