Quantcast
Last updated on April 20, 2014 at 0:02 EDT

SkillSurvey® Reports 46 Percent Increase in Revenue for 2012

January 31, 2013

SkillSurvey®, Inc. announced today the company grew its revenue by 46 percent during the 2012 fiscal year. The substantial growth was attributed to an impressive renewal rate of 96% among current customers who use its Pre-Hire 360® reference-checking software, along with increased new business contracts.

Wayne, PA (PRWEB) January 31, 2013

SkillSurvey®, Inc. announced today the company grew its revenue by 46 percent during the 2012 fiscal year. The substantial growth was attributed to an impressive renewal rate of 96% among current customers who use its Pre-Hire 360® reference-checking software, along with increased new business contracts.

SkillSurvey´s core offering is its Pre-Hire 360® solution, which gathers input from a job applicant´s references by using behaviorally-based surveys delivered through enterprise software. The surveys reveal a candidate´s strengths and developmental needs, and the input from managers, peers, subordinates and business partners provides a multi-dimensional view of the candidate´s past performance. The system overcomes the usual reserve of former employers, because they are released from liability and their feedback is confidential.

“As the revenue growth of our company over the last year demonstrates, the solution we deliver to hiring managers and recruiters is providing remarkable improvements in quality-of-hire and recruiting efficiency,” said Ray Bixler, president and chief executive officer of SkillSurvey. “Our Pre-Hire 360® solution allows reference-checking to be a strategic component in the hiring process, instead of a check-the-box item that adds little value in the workflow.”

SkillSurvey´s reference-checking solution touched over 1.6 million references in 2012, an increase of 43% over 2011. That figure also translates into more than 354,000 candidates being processed for recruiters and hiring managers during the same timeframe.

The company´s growth continues to show tremendous market acceptance across many industries, including retail, education, finance, consumer goods, professional services and healthcare. SkillSurvey has also expanded its library of reference surveys to over 300, and is now offering its surveys in five different languages (French, German, Chinese, Portuguese and Spanish).

Customers of SkillSurvey are also able to access a vast pool of candidates using the passive candidate database feature. This resource enables employers to automatically build a network of references who have opted-in to learn more about future employment opportunities.

SkillSurvey clients include a variety of Fortune 500 firms and leading healthcare organizations nationwide.

For more information, contact Mya Ekhouse, marketing director, at mekhouse (at) skillsurvey (dot) com or at 610-947-6300, ext. 1227.

About SkillSurvey, Inc.

SkillSurvey is the inventor of online reference-checking solutions that improve quality-of-hire and increase recruiting efficiency. Its solutions allow recruiters and hiring managers to collect feedback from references on a candidate´s behaviors and past work performance. The information, all gathered through enterprise software and confidentially, is used to make better hiring decisions and predicts future work performance. This patent-pending approach to reference assessments is based on over 30 years of research in job competency modeling. SkillSurvey was named one of the fastest-growing companies in America by Inc. magazine, and was named a Deloitte Technology Fast 500 firm. Visit SkillSurvey at http://www.skillsurvey.com, and on Facebook and Twitter.

For the original version on PRWeb visit: http://www.prweb.com/releases/prweb2013/1/prweb10385070.htm


Source: prweb