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PageUp People Reports Strong First Half Growth; Anticipates Greater Momentum for Fiscal Year End(February 27, 2012)
ATLANTA, GA and MELBOURNE, AUSTRALIA -- (Marketwire) -- 02/27/12 -- PageUp People, a Multinational Talent Management solutions provider, today announced details of the first half of its fiscal year. Over the period July through December 2011, the company experienced a dramatic increase in sales, welcomed new clients, expanded its executive leadership team, developed new products and furthered its global presence.
"As more and more businesses start acquiring and developing talent across borders, and in particular within the emerging markets, employers are realizing they don't have the tools in place to handle the challenges unique to these geographies," said Karen Cariss, CEO of PageUp People. "As a result, many organizations have turned to PageUp People for our expertise in helping multinational employers align regional talent with corporate strategy, making 2011 a key year. We anticipate even more rapid growth in 2012, and are well prepared to meet these high expectations."
Strong Sales Growth and Expansion
PageUp People experienced significant sales wins throughout 2011 accounting for substantial growth over the previous year and adding several Fortune 500 organizations to their growing client base. The company's first quarter growth increased 26 percent over the same period in 2010, and second quarter results were up 44 percent over the previous year. To support continued global growth the Australian company also expanded its footprint into North America by establishing a U.S. headquarters office in Atlanta, Georgia.
New Products and Enhancements
In early May, PageUp People expanded its performance management system, adding compensation functionality that enables managers to grant annual merit increases, bonuses and stock options to reduce flight risks by rewarding high potentials and top performers.
In October 2011, PageUp People launched CareerPath, a predictive talent modeling application that provides powerful career development insight for employees, and enhances an employer's ability to strategically plan future talent supply.
In December, PageUp People implemented an unprecedented solution for recruiting talent in the emerging or high-growth global markets. The Global Gateway engages and supports regional HR operations by allowing flexibility for market-specific configuration requirements; particularly those in emerging markets where technology constraints, firewalls and BIDI language capabilities are barriers for most other talent management vendors.
Customer Recognition and Awards
During 2011, PageUp People became a seven-time recipient of The Australian Achiever Award, an independent award based on the company's customer assessment of its service values such as responsiveness, technical expertise and knowledge. A score above 80 percent reflects exceptional customer service, and PageUp People's strong performance and commitment to its customer partnerships brought them a 'Highly Recommended' rating of 88.7 percent.
Additions to Executive Leadership Team
As part of its overall global growth strategy, PageUp People made several new appointments and promotions throughout 2011, leveraging industry experience and expertise to support its expanding global sales strategy and ensure continued success.
New appointments include:
- Senior Vice President of Information Technology
- Senior Vice President of Global Marketing
- Senior Vice President of Global Sales
- Senior Vice President of Global Product Strategy
- Chief Financial Officer
- Senior Vice President of Research
- Senior Vice President, Global Talent
- Senior Vice President of North American Sales
- Senior Vice President, Sales for EMEA Region
"Since our founding in 1997, PageUp People has helped employers worldwide to attract, hire, develop, retain and improve employee performance. We are excited to see the unprecedented growth we have experienced in 2011, and even more so as we begin 2012 on the same trajectory," said Cariss.
About PageUp People
PageUp People helps multinational employers strategically align their talent resources to execute corporate strategy across borders, business units, cultures and languages -- maximizing employee value and business results. The PageUp People SaaS-delivered solution unifies Recruiting, Performance Management, Compensation, Training & Development, Career Planning, Succession Management and Advanced Workforce Analytics to help global employers overcome the talent management challenges that are inherent to operating across multiple geographies.
PageUp People solutions support large multinational organizations, including several Global 500 employers and more than 90,000 HR practitioners operating across more than 180 countries from a broad range of industries, including financial services, retail, mining and refining, transportation and telecommunications. PageUp People is headquartered in Melbourne, Australia with additional office locations in Sydney, London, Shanghai and Atlanta. Learn more about how PageUp People can help transform your organization's multinational HR initiatives by visiting http://www.pageuppeople.com.
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