2009 Press Releases

Workstream Crowned HRarhitect’s 2009 Compensation Planning Winner!

Workstream showcases its leading compensation planning capabilities by being named the winner of HRchitect’s 2009 Compensation Planning Software Beauty Pageant.

Compensation and HR professionals throughout the nation gathered virtually on Friday, April 17th to view compensation planning solutions from leading vendors in the space as part of the latest in a series of HR technology webinars presented by HRchitect, the leader in HR systems strategic consulting. Workscape, Salary.com (NASDAQ: SLRY) , and HCR Software delivered strong presentations, but in the end, the audience selected Workstream (NASDAQ: WSTM) as the 2009 winner.

Workstream’s selection as the winning entrant reflects the company’s position as the provider that best demonstrates how their compensation planning software can help organizations maximize their compensation dollars. Workstream Compensation streamlines cumbersome and inefficient processes while helping clients inspire their people and transform their organizations through tools that recognize and motivate superior performance.

“Workstream was the original pioneer in the compensation planning space and we remain committed to being the preeminent enterprise solution on the market. It is great to see that our continued investment in the compensation domain and our compensation product is being recognized. Our clients benefit from the solution’s ability to guide managers to the right decisions through superior decision support tools, including real-time graphical dashboards and dynamic in-line analytic displays. Not only can we substantially simplify the process, but we can also help planning managers leverage their compensation dollars and make award decisions based upon merit, budget, and market data." Scott Pruitt SVP, Sales & Marketing Workstream.

“As we highlighted in our 2008 HRchitect’s report, “ The Suite Life of Integrated Talent Management ,” Workstream’s Compensation product is robust and proven with a blue-chip list of customers. With the dramatic turnaround of their financial position, including another profitable quarter for Q3 FY09, Workstream is positioned to lead once again” Matt Lafata, Vice-President, Sales & Marketing HRchitect

Workstream provides on-demand compensation, performance, and talent management solutions and services that help companies manage the entire employee lifecycle. Workstream’s talent management solution provides a unified view of all Workstream products and services, including Workstream’s dynamic Pay for Performance solution . Beyond mere process automation, Workstream’s TalentCenter enables strategy execution by providing superior decision support to help users align decisions with organizational strategy and vision.

Access to Workstream’s talent management solution is offered on a subscription basis under an on-demand software delivery model to help companies build high performing workforces, while controlling costs. With offices across North America, Workstream services such customers as Kaiser Permanente, Marshfield Clinic, Chevron, The Gap, and Nordstrom.

For more information visit www.workstreaminc.com or call toll free 1.866.953.8800.