Press Releases
Waltham, MA – May 4, 2007 –
Authoria, Inc., the leader in integrated talent management solutions, today announced that Chairman and CEO Tod Loofbourrow will present at ThinkEquity Partners’ Summit titled ThinkTomorrow – Today, in Half Moon Bay, California on May 9 at 1:33 p.m. PT.
Loofbourrow will be presenting as part of the Stars of Tomorrow agenda to highlight Authoria’s integrated talent management on-demand solutions that are changing how enterprises attract, retain and motivate global workforces. Authoria recently announced that it is closing in on its billionth page view, as enterprises utilize its market-leading integrated talent management applications.
“Authoria’s growth and success is driven by the intensifying competitive environment in the world,” commented Loofbourrow. “Global enterprises need to attract, manage, align, retain and engage the best workers to achieve superior business results. We help them change their business culture to win.”
Global talent shortages are intensifying. The U.S. is facing a 10 million worker shortage by 2010 and unemployment for U.S. workers with a graduate degree is under two percent. The management brain drain is also significant – the 500 largest companies will lose half of their senior management in five years, and replacement costs for management-level positions exceeds 150 percent of annual salary.
With more than 300 enterprises as customers and 4 million on-demand users, Authoria is shaping new approaches to recruitment, performance, succession, compensation, incentives and communications with innovative products that improve the quality of hire, lower costs and help to develop corporate leaders.
More information on this event is available here.
About Authoria
Authoria® helps the world’s most competitive employers achieve superior business results, by optimizing the way they recruit, develop, compensate, retain, and engage top talent. Designed for business managers as well as HR professionals, the company’s integrated talent management (ITM) solutions enable more effective recruiting, performance management, compensation management, and succession planning across an organization. Authoria serves more than 300 large organizations and 4 million managers and employees with our on-demand Internet-based solutions. Customer companies include Boeing, Pfizer, and Reuters.
Alys Scott
Vice President, Marketing
Authoria, Inc.
(781) 530-2149
alys.scott@authoria.com
Maura Landry
SHIFT Communications
(617) 779-1829
mlandry@shiftcomm.com
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