SOURCE: Taleo Corporation

Taleo Corporation

February 11, 2010 06:00 ET

Taleo Valentine's Day Survey Finds Employees Are in Love With Their Jobs... for Now

Employees Say They're Engaged to Their Jobs, But Question Whether They Have Found "The One"

DUBLIN, CA--(Marketwire - February 11, 2010) - With Valentine's Day just around the corner, Taleo (NASDAQ: TLEO), the leading provider of on-demand talent management solutions, offers a timely perspective on the level of job commitment among American workers.

Now in its third year, the Taleo Valentine's Day study* seeks to find out how much employees "love" their jobs. The survey polled more than 1,200 working Americans. When asked about their feelings of engagement at their job, 84% of respondents said they "enjoy," "feel important" or "like" what they do (a slight decrease from 86% in 2008 and 87% in 2009). In fact, 15% of the American workers surveyed say they love their jobs "enough to marry it," (on par with findings in 2009 and an increase from 9% in 2008).

Interestingly, however, about 1/3 of the workers polled (33% versus 40% in 2009) are open to looking for a new position. Additionally, 12% are actively pursuing new opportunities (versus 13% in 2009)

The Taleo survey also showed that other categories, such as industry, income, education, age and marital status, have significant influence on a person's level of engagement at the workplace. Additional findings show:

--  Workers that are married are more likely to be highly engaged at work
    than those that are single (56% vs. 46%).

--  Workers earning more than $50,000 a year are more likely to be highly
    engaged than those earning less than $35,000 (65% vs. 40%).

Employers shouldn't be completely surprised by this news, as the survey findings reflect the anticipation for economic recovery and a surge in the job market. Instead, employers should be preparing for the threat of other companies attracting their top talent. Last year, amidst the largest job loss in decades, 20% of job churn was people leaving voluntarily, as the best and brightest talent can usually choose where to work in any economic climate.

Effective talent management practices -- from selective hiring to regular performance assessments and clear communication on career opportunities -- will be the key in helping companies attract and retain top talent. Today, talent management tools are available to better connect all of these practices and provide employers with a central view of their talent.

"At a time when companies are finally able to start thinking about growth, they can't afford to lose top talent to their competitors," said Alice Snell, Vice President of Taleo Research. "The right talent management tools are playing an even bigger role in cultivating the relationship between employers and employees -- and it is relationships that ultimately drive employee retention."

Taleo provides software solutions for employers to closely monitor all aspects of talent management -- from recruitment and performance management to succession planning -- helping them to support career goals, manage more effectively and reward strong performers.

* Telephone survey among 1,209 full- or part-time workers, 18 years of age and older, conducted for Taleo by KRC Research between January 20, 2010 to February 1, 2010.

About Taleo

Taleo (NASDAQ: TLEO) is the leader in on-demand unified talent management solutions that empower organizations of all sizes to better understand and engage their best talent for improved business performance. More than 4,400 organizations use Taleo for talent acquisition, performance and compensation management, including 47 of the Fortune 100 and over 3,600 small and medium sized businesses across 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.

Forward-looking Statements

This release contains forward-looking statements, including statements regarding the 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 II, Item 1A of Taleo's Quarterly Report on Form 10-Q/A, as filed with the SEC on November 4, 2009, and in other reports filed by Taleo with the SEC.

Contact Information