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Kenexa Unveils New Performance Management Suite

By Meenakshi Shankar
TMCnet Contributor

Kenexa, a company specializing in business solutions for human resources, launched its next generation performance management suite built on Kenexa 2x Perform.

Kenexa’s report indicates that the new solution complements its other integrated talent management solutions and offers integrated, enterprise-class performance management, succession and compensation planning tools to drive organizational alignment ensuring top performers are retained and engaged. Automating and integrating goals, appraisals, compensation, competencies, development, career path and succession planning are some of the noted key highlights of the new solution.

“Providing a solution that integrates functions and data that traditionally have been siloed, means businesses can achieve greater efficiency, enabling maximized performance and results. What's more, the solution leverages talent data and tools to help companies achieve greater flexibility and better plan for future growth,” Kenexa's Eric Lochner, president of Global Talent Management, said in a press release.

The web-based Kenexa 2x Perform ensures that companies have all valuable talent information in one place to enable quickly informed decisions that positively impact business outcomes. In addition, with targeted development plans and career paths that are aligned with both individual and organizational goals, Kenexa 2x Perform identifies high potentials and top performers early, ensuring sustainable high engagement and performance across an organization.

With a strategic reward system and pay for performance, Kenexa 2x Perform is said to ensure that individuals are recognized and compensated appropriately, which promotes higher levels of engagement and retention while adhering to budget restrictions. Moreover, the solution is also said to have been designed to increase manager effectiveness by arming managers with the tools and skills needed to inspire, motivate and manage performance.

The Kenexa 2x platform integrates all talent management functions and data, including a unified talent record, mobile tools and robust analytics, into one single system that provides a consistent user interface, security features and reporting engine while allowing for a customer's future global expansion. The performance management software gives companies the information they need to make strategic decisions based on a holistic view of their workforce.

Kenexa 2x Perform is made available with immediate effect for annual subscription, said the company official.

Founded in 1987, Kenexa claims that its integrated talent acquisition and talent management solutions enable organizations to optimize their workforces and are reportedly reaching to more than 110 million people. Earlier in August 2011, Kenexa announced the acquisition of the Ashbourne Group, a supplier of HR and occupational psychology services to businesses in the U.K. and Ireland.