Recruitmax acquires competency management leader InScope

Recruitmax, a global company in technology and services for building great workforces, announced today that it has acquired InScope Corporation, a provider of competency-driven human capital management solutions for mid- to large-size organizations. This acquisition brings together two industry-leading offerings to create an unparalleled solution for attracting and retaining top talent.

Based in Purchase, NY, InScopeís competency management solutions allow companies to create a consistent standard for hiring, measuring, promoting and compensating employees, giving HR professionals an objective basis for managing their workforce. Products include competency modeling tools and competency and job model libraries. The libraries are defined with both behavioral indicators and interview questions and grouped by function and industry.

ìThe addition of InScopeís competency management offerings is a natural fit for the Recruitmax strategic workforce management suite,î said Derek Mercer, founder and chief executive of Recruitmax. ìThe library of competencies, behavioral indicators, job models and interview questions adds a new dimension to our suite of applications, including improved workforce planning capabilities and increased consistency throughout the product suite. The addition of InScopeís talented team, with extensive experience in building and delivering competency and performance management solutions further strengthens our effort to enhance our suite of solutions in order to better serve our customers.î

Recruitmax provides a web-based suite of products for recruitment, onboarding, performance and compensation management. While the product suite is available on-demand, in a modular (per-product) basis, it is even more powerful when integrated into one comprehensive system. Demand for integrated workforce management systems is growing significantly as companies increasingly seek out vendors who can meet their comprehensive HR technology needs. Competencies create a standard throughout the entire employee lifecycle, allowing consistent metrics to be established from one workforce management process to the next. The addition of InScopeís extensive competency management content and technology adds unmatched depth and integration capabilities to the Recruitmax product suite, further differentiating the company from its competitors.

According to a report from Gartner Research, ìCompetencies are an underlying foundational element in all of the applications in a talent management application suite. It is important to have a competency model that is shared and consistent across all of the applications.î (Gartner, Inc.: ìTalent Management Application Suites Can Enhance Workforce Effectiveness,î James Holincheck, June 14, 2005.)

InScopeís competency library includes approximately 1,700 competencies spanning numerous job classes, over 8,000 interview questions and more than 39,000 behavioral indicators. The company also offers approximately 1,300 job models. Competencies and job models are researched by industry and are grouped by both industry and function. The companyís offering is differentiated by its depth and breadth of material, which has been developed through years of industry-specific research with attention to consistency and a high regard for regulatory compliance when applicable.

ìWe are extremely excited about this combination,î said Susan Walden, CEO of InScope. ìRecruitmaxís technology and market leadership, combined with InScopeís competency tools and libraries, forms an unrivalled offering in todayís market for strategic workforce management solutions. Recruitmaxís track record of successful acquisitions is a testament to their vision and ability to execute. We look forward to being part of the team and joining forces to help organizations differentiate themselves through their people.î