SOURCE: Kenexa

June 19, 2008 10:10 ET

RACER Benchmark Group Selects Kenexa as Strategic Partner

Kenexa to Provide Thought Leadership, Support and Content for Global German Companies

WAYNE, PA--(Marketwire - June 19, 2008) - Kenexa® (NASDAQ: KNXA), a leading provider of recruitment and retention solutions, today announced that it has partnered with the RACER Benchmark Group, a consortium of German blue-chip companies, to provide thought leadership, benchmark data, support and best practices for employee-based research.

The member organizations of the RACER Benchmark Group use results from employee opinion surveys to develop best practices normative data for global organizations headquartered in Germany and serves as a thought leader on survey and human capital management research practices. Each member-company has more than 15,000 employees and the majority of these companies are listed on the DAX (Deutscher Aktien Index). The members of the 2008 RACER Benchmark Group include Audi AG, BASF SE, Bertelsmann AG, BMW AG, Daimler AG, Deutsche Post World Net, Deutsche Telekom AG, E.ON AG, Evonik Industries AG, RAG Aktiengesellschaft, Robert Bosch GmbH, SAP AG, and ThyssenKrupp Steel AG.

"After an intense selection process, which was tailored to the needs of this unique benchmark group, we have decided to select Kenexa as our partner of choice for solutions and content. Kenexa's experience in the human capital management industry, including its global footprint, flexibility and knowledge of survey best practices will allow the group to establish world-class standards of employee management and survey processes," said Dr. Franz Deitering, chairperson of the RACER Benchmark Group.

As the group's research partner, Kenexa will provide thought leadership and strategic direction for standard employee survey items for use among the members' organizations. Kenexa will also support data collection and management, provide the capability to access the aggregate data and will help optimize the members' survey practices.

"Kenexa is extremely honored to have been chosen for such an important role in working with these world-class organizations to provide the solutions and content for the benchmark data that will allow them to understand how their employee engagement levels compare and work toward finding the right solutions for driving employee engagement. This is an exciting opportunity and the results will have lasting effects on the work experience of global employees," said Ritu Mohanka, managing director, Kenexa Central and Eastern Europe.

"We are very excited the RACER Benchmark Group has selected Kenexa to provide thought leadership, benchmark data and best practices for its member's employee-based research. Our purpose is helping organizations build the world's greatest workforces. Partnering with the RACER Benchmark Group and its member's organizations aligns with that promise and we look forward to a long and positive relationship," said Rudy Karsan, chief executive officer, Kenexa.

About Kenexa

Kenexa (NASDAQ: KNXA) is a global leader in building the world's greatest workforces using a combination of software, employee research science and business process optimization. Kenexa's global solutions include applicant tracking, onboarding, recruitment process outsourcing, employment branding, skills and behavioral assessments, structured interviews, performance management, multi-rater feedback surveys, employee engagement surveys and HR Analytics. Kenexa is headquartered in Wayne, Pa. (outside Philadelphia). Additional information about Kenexa and its global products and services can be accessed at www.kenexa.com.