November 09, 2010 06:00 ET

Taleo Advances Social Talent Management

Innovative Solutions, Powered by the Cloud, Increase Talent Intelligence and Deliver Immediate Benefits to Customers

DUBLIN, CA--(Marketwire - November 9, 2010) -  Taleo Corporation (NASDAQ: TLEO), the leading provider of on-demand talent management solutions, today announced their social talent management framework and enhanced social networking technologies that enable customers to have better communication and engagement when hiring, managing, retaining and developing employees, ensuring that the right people are properly placed to meet business goals.

Unlike other point solutions, Taleo's comprehensive framework offers unique innovations in community sourcing, social recruiting, employee engagement and social learning. According to the 2010 Social Recruiting report, 83% of companies surveyed will recruit through social media networks in 2010; and 92% of those companies that are actively hiring in 2010 will use social networks.

As a greater percentage of organizations are using forms of collaboration and social media for attracting and recruiting new employees, Taleo's solutions help enterprises gain immediate benefits.

"Social media has democratized influence, forever changing the way employers, candidates and employees communicate with each other. Both employers and candidates need to be found and build trust through social channels. We see the value and importance of social networks, particularly content, connections, conversations and collaboration and their correlation to talent management," said Shail Khiyara, Senior Vice President and Chief Marketing Officer. "We have taken all the richness of social networking concepts and continue to bring inventive thinking and leadership to enterprises through our solutions."

Taleo's Community Sourcing enables customers to cost effectively find higher quality candidates in less time by capitalizing on social networking tools like LinkedIn, Facebook and RSS feeds to engage more applicants. Taleo's customers invite millions of candidates to join Talent Exchange and share their Universal Profile with prospective employers. Job opportunities are easily promoted to employee referral and alumni networks. 

Taleo's Social Recruiting solutions are an efficient way to engage and screen a greater number of candidates through Taleo's social recruiting. Customers can seamlessly transfer candidates from social networking sites into Taleo's recruiting solutions and consistently hire top talent. 

Taleo's Employee Engagement uses social tools to drive employee development through the sharing of feedback. Peers, team members, internal and external experts can easily exchange knowledge and ideas to increase productivity, advance projects and achieve common business goals.

Taleo's Social Learning uses social tools to share learning content, ideas and recommendations, and provides the unique ability to access internal subject matter experts to drive informal learning.

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About Taleo
Taleo's (NASDAQ: TLEO) cloud-based talent management platform unites products and an
ecosystem to drive business performance through talent intelligence. 5,100 customers use
Taleo for talent acquisition, performance and compensation management, including 48 of the Fortune 100. Further, Taleo's Talent Grid cloud community harnesses the expertise of Taleo customers and more than 200 million candidates to date and 140 partners and industry experts.

Forward-looking Statements

This release contains forward-looking statements, including statements regarding the demand for Taleo's solutions, Taleo's growth prospects 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, as filed with the SEC on November 5, 2010 and in other reports filed by Taleo with the SEC.

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