NEW YORK, NY and FRAMINGHAM, MASS., MAY 14, 2003 - Towers Perrin, one of the world's largest management, human resource consulting and administration firms, and Workscape, Inc., a proven provider of benefits and workforce management solutions, have entered into an alliance that will leverage each firm's core competencies to jointly design and deliver HR self-service and employee portal solutions for clients and prospects.
Under the terms of the alliance, Towers Perrin will do the requirements definition, process mapping, and consulting around the look and feel, navigation and implementation of the portal and self-service solutions. In addition to supplying the technology platform for the solutions, Workscape will assist in the implementation and host the sites in its state-of-the-art facilities. The two firms will also cooperate in joint sales and marketing efforts directed toward existing clients and prospects where aligned with other aspects of each firm's business.
"As organizations seek to increase the value and performance of their employee base, HR technology solutions that lower administrative costs and deliver key process efficiencies have become an increasingly vital tool," said Workscape CEO Tim Clifford. "However, organizations must first understand how to align their strategic business objectives with these technology options to realize the maximum benefit. Our alliance with Towers Perrin makes the decision for executives easier: It allows enterprises to benefit from a comprehensive end-to-end offering that ensures synchronization of HR objectives with technology, resulting in the highest-performing workforce possible."
"Workscape's products are best-in-class and have been a resounding success for clients," said Steven Fein, who heads Towers Perrin's HR technology business. "What's different about Workscape's approach is the ability to help employees and managers transact business in a very robust and intuitive way, blending content and transactions in applications that are easy to use and widely adopted across the organization, ensuring companies get the greatest return on their investment.
"While Workscape's core competency is in building and hosting applications, Towers Perrin's is in consulting and implementing HR service delivery strategies," added Fein. "Our continuous research and market analysis show technology to be a key driver of efficient, effective service delivery and communication, so Towers Perrin expects this alliance will be of huge value to the marketplace."
Workscape and Towers Perrin are already working together with clients to develop a number of HR solutions.
About Towers Perrin
Towers Perrin is one of the world's largest management, human resource consulting and administration firms. It helps organizations manage their investments in people to achieve measurable performance improvements, focusing on human resource strategy and service delivery, benefit and compensation design and implementation, employee and organizational communication, HR technology and outsourced HR administration. Towers Perrin is part of a broader family of businesses that also includes Tillinghast Towers Perrin, a management consultancy for financial services companies worldwide, and Towers Perrin Reinsurance, a reinsurance intermediary and consultancy. Together, these businesses have over 9,000 employees and 78 offices in 76 cities and 23 countries. More information about Towers Perrin is available at www.towersperrin.com.
About Workscape
Designed for the workforce, Workscape's solutions transform the delivery and adoption of HR services across the enterprise to enable a higher performing organization. An innovator in HR self-service, Workscape provides a full range of online benefits and workforce management applications including employee self-service, manager self-service, compensation planning, and benefits administration, as well as an employee portal. Workscape's applications and services are configurable to support each client's unique business processes, easily integrated into multi-vendor environments to ensure protection of existing technology investments, and are available in multiple deployment options to enable rapid implementation and ROI. Workscape's award-winning solutions have been embraced by millions of employees worldwide at 180 major corporations. For more information, visit the company at www.workscape.com or call (888) 605-9620.
Workscape is a registered trademark of Workscape, Inc. in the United States and other countries. All other trademarks are the property of their respective owners.