profile updated Apr 15, 2008, 8:20 AM
Kenexa Corporation provides 360-degrees of service to companies when it comes to recruiting and retaining employees. One Wall Street analyst referred to the company as a "one stop shop" and indeed, this appears to be the company's strength. It is one of the best-known names in recruitment, having begun as a headhunter to the insurance industry in 1987. Six years after its founding, the company offered one of the first ATS products. That was in 1993 and soon after, Kenexa began acquiring other companies as it began moving into the full range of human capital management.
By 2000, after shedding its staffing business and buying up more than a dozen other companies, it officially changed its name from TalentPoint to Kenexa Corporation. The company struggled during the first years under its new name, suffering along with the U.S. national economy, It was forced to postpone an IPO, finally going public in June 2005 at $12.25 a share. In December 2007, analysts at KeyBanc Capital Markets rated the company with a "buy" rating. The 12-month target price is set to $24.
Kenexa's products include an applicant tracking system, testing and assessment solutions such as those offered by its ProveIt! division, employee management products, and outsourcing services to help firms in their hiring processes. As a result of the acquisitions of Webhire, Inc., Knowledge Workers, Gantz Wiley Research, Psychometric Services Ltd. and BrassRing in 2006, the company's client base reached approximately 3,000 companies, including approximately 166 companies on the Fortune 500 list. The client base includes companies such as Microsoft, Philips Electronics, Wachovia, Starwood Hotels & Resorts Worldwide, Office Depot, Beckman Coulter, Time Warner, Target, Bank of America, Petco, and Circuit City.News & Updates 
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Only Half of All Workers Rate Leaders as Effective (Marketwire)
Research conducted by the Kenexa Research Institute says leaders globally are rated as having an average effectiveness of 51 percent. Brazilians rate their business leaders' effectiveness the highest at 69 percent. Japan, at 33 percent, had the lowest rating of leadership effectiveness.
According to the latest research, an organization's senior leadership team has a significant impact on its employees' overall opinions of the company and engagement levels, which have been linked to both earnings per share and total shareholder return. The data come from an analysis of the WorkTrends database, an annual survey of worker opinions conducted by KRI.
Feb 1, 2010, 2:39 PM -
Kenexa Names Kevin Horigan as President of Global HR Technology (Marketwire)
Kevin Horigan has joined Kenexa as the president of its Global HR Technology division. In this role Horigan will be responsible for the division's overall strategy and operational execution.
Prior to joining Kenexa, Horigan served as a senior vice president at SAP. He has also held executive leadership positions at PeopleSoft, Inc, OutlookSoft, Sand Technology Systems and Oracle Corporation.
Jan 29, 2010, 11:48 AM -
Kenexa Presenting at Investor Conference (TransWorld)
Kenexa CEO Rudy Karsan will present at the Needham & Company Growth Stock Conference, January 12th at 3:10pm (EST). The event is taking place in New York City at the New York Palace Hotel. The presentation will be made available both live and for replay via webcast over the investor relations section of the company's website. Jan 6, 2010, 2:58 PM -
Kenexa Recognized In Bersin Report (Marketwire)
Kenexa is recognized as a market leader in the recently released Talent Management Systems 2010: Market Realities, Implementation Experiences, and Solution Provider Profiles.
The study, conducted by Bersin & Associates, the only research and advisory firm focused solely on enterprise learning, talent management and talent acquisition, is a comprehensive market review and buyers' guide for talent management software systems. Out of 24 companies profiled, Kenexa ranked No. 4 in market share by revenue and by number of enterprise customers.
Nov 12, 2009, 3:06 PM -
Kenexa Earns Berth on Technology Fast 500 List (company)
Kenexa, global provider of talent management and retention solutions, ranked 363 on the Technology Fast 500, Deloitte LLP’s ranking of 500 of the fastest growing technology, media, telecommunications, life sciences and clean technology companies in North America.
Rankings are based on percentage of fiscal year revenue growth during the five year period from 2004–2008. Kenexa grew 340 percent during this period. Kenexa was also ranked 17 in Deloitte’s 2009 Greater Philadelphia Fast 50.
Oct 26, 2009, 1:47 PM -
Analyst Raises Target Price For Kenexa Stock (StreetInsider.com)
Little more than a week after Deutsche Bank downgraded Kenexa from a hold to a sell, Piper Jaffray reiterated its "overweight" rating of the stock. That means in the opinion of Piper Jaffray, Kenexa is a better value relative to other HR software tech firms.
The analyst recommendation also raised the target price for Kenexa from $9 a share to $15.
In the 30 days prior to this post, Kenexa's stock has been trading mostly in a range between $10 and $11.50 a share.
Jul 21, 2009, 1:02 PM -
iCIMS Surpasses 700 Client Mark (press release)
With over 700 clients, iCIMS is claiming third place among providers of talent acquisition systems. iCIMS, which added several new clients last year including H&R Block, ranks behind Taleo and Kenexa based on their client counts published last summer in Workforce Magazine's ATS "Hot List." Mar 26, 2009, 1:12 PM -
Kenexa To Webcast CEO Conference Presentations (BusinessWire)
Kenexa CEO Rudy Karsan will present at two technology conferences next week. Both presentations will be webcast live in investor relations section of www.kenexa.com.
The conferences are:
- The Goldman Sachs Technology and Internet Conference 2009; Wed, Feb. 25 at 4 p.m. PST
- The Pacific Crest 2009 Emerging Technology Summit; Thurs., Feb. 26 at 1 p.m. PST
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SuccessFactors A Leader Says IDC Report (BusinessWire)
SuccessFactors, a global provider of on-demand performance and talent management solutions, is named a leader in Integrated Talent Management in a recent study of HR software vendors by IDC, a provider of market intelligence, advisory services, and events for the information technology, telecommunications, and consumer technology markets
The report says, “SuccessFactors’ Talent management suite offers a prominent end-to-end solution leading the marketplace and illustrating the continuous circle and strategic interdependency of the various talent management functions within an organization."
Other companies reviewed in the $25,000 report (that is not a misprint) are: Authoria, Cornerstone, Halogen, Kenexa, Lawson, Oracle, PeopleSoft, Plateau Systems, Saba, Salary.com, SAP, Silkroad, Softscape, Stepstone, Taleo and Workscape.
Jan 8, 2009, 11:31 AM -
Kenexa Acquires Culture Indicator Solution (Kenexa)
Kenexa, provider of talent management and retention solutions, has acquired the Cultural Insight survey. The survey allows for the assessment of an organization's culture and the expression of that culture in a way that helps align and engage employees. Dec 28, 2008, 1:25 PM
Products & Services
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Employee Assessment
Includes skills testing, psychometric and personality assessments, structured interviews, phone screening, simulation exercises, competency modeling and assessment centers to help select top performers for employment, identify areas for personal development and determine potential successors in an organization -
Talent Acquisition
Software for global recruitment, workforce transformation, vendor management, campus recruiting, diversity recruiting and employment process outsourcing plus a full range of consulting services including recruitment process consulting, workforce planning, change management and candidate experience mystery shop services -
Talent Management
Includes software for large enterprise, mid-market and hourly applicant tracking, onboarding, performance management, succession planning, career development, mentoring programs and HR Analytics; career center optimization and system integrations services, as well as recruitment process consulting and candidate experience mystery shop services. -
Surveys
Kenexa's survey solutions include employee engagement surveys, 360º multi-rater feedback, exit interviews, compliance surveys and action planning. They also offer consulting services for leadership coaching, training, content optimization and post-survey evaluation.