SOURCE: Kenexa


April 26, 2011 11:00 ET

New Compensation Tool From Kenexa Expands Compensation Solution Set, Streamlines Job Description Management

Web-Based CompAnalyst Job Description Builder Helps Increase Hiring Efficiencies

WAYNE, PA--(Marketwire - Apr 26, 2011) - As the economy begins to recover and hiring increases, employers need to ensure their compensation programs remain competitive and in line with candidate expectations. The latest addition to Kenexa's (NASDAQ: KNXA) award-winning compensation software, CompAnalyst Job Description Builder gives employers a streamlined approach to the creation, storage and maintenance of job descriptions, which are critical to talent and compensation management.

"Many organizations do not have a central place to store and manage job descriptions and have poorly defined systems for keeping them updated, which leads to job descriptions that are outdated, inaccurate and inconsistent. These inefficiencies can negatively affect quality of hire, accuracy of compensation benchmarking, and exposure to liability. The CompAnalyst Job Description Builder provides the solution to meet those needs," stated Zahir Ladhani, Kenexa's president, Compensation.

Job descriptions are a foundational component for successful recruiting and talent management and also are critical to maintaining EEOC compliance. With CompAnalyst Job Description Builder, HR and compensation professionals can easily manage the process of building and maintaining job descriptions. For companies without existing job descriptions -- or for those looking for a point of reference for key roles -- the solution also provides high-level descriptions, including functional competencies, for more than 4,000 benchmark jobs.

Since 1999, Kenexa, a global provider of business solutions for human resources, has been developing highly configurable compensation software that automates critical talent management processes, making them more effective and accessible. With the addition of Job Description Builder, Kenexa's compensation software solutions continue to give businesses access to the compensation data and tools that are required to attract and hire top talent. Companies can choose from a complete set of flexible, web-based modules that, when combined, help reduce costs, increase efficiencies and eliminate compliance risks.

Hosted by Kenexa, Job Description Builder centralizes job description storage so job descriptions are accessible any time, from anywhere in the world. The newest CompAnalyst module gives customers the flexibility to build customized templates that reflect the unique structure and content of each organization's job descriptions. The solution also maintains a complete history of changes to each job description and allows for the export of job descriptions to print-ready PDF or Word formats. In addition to the functionality provided by Job Description Builder, Kenexa's CompAnalyst modules provide compensation data, market pricing tools, analytics software and other resources to help companies create successful compensation programs.

Kenexa's CompAnalyst Job Description Builder is available immediately to new and existing Kenexa customers. Kenexa will exhibit this solution and others in Booth 603 at WorldatWork's Total Rewards Conference, May 23-25, 2011 in San Diego, Calif.

About Kenexa
Kenexa® provides business solutions for human resources. We help global organizations multiply business success by identifying the best individuals for every job and fostering optimal work environments for every organization. For more than 20 years, Kenexa has studied human behavior and team dynamics in the workplace, and has developed the software solutions, business processes and expert consulting that help organizations impact positive business outcomes through HR. Kenexa is the only company that offers a comprehensive suite of unified products and services that support the entire employee lifecycle from pre-hire to exit. Additional information about Kenexa and its global products and services can be accessed at Follow Kenexa on Twitter: @kenexa.