RACER Benchmark Group Selects Kenexa as Strategic Partner

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Thu Jun 19, 2008 10:11am EDT

  WAYNE, PA, Jun 19 (MARKET WIRE) -- 
Kenexa(R) (NASDAQ: KNXA), a leading provider of recruitment and retention
solutions, today announced that it has partnered with the RACER Benchmark
Group, a consortium of German blue-chip companies, to provide thought
leadership, benchmark data, support and best practices for employee-based
research.

    The member organizations of the RACER Benchmark Group use results from
employee opinion surveys to develop best practices normative data for
global organizations headquartered in Germany and serves as a thought
leader on survey and human capital management research practices. Each
member-company has more than 15,000 employees and the majority of these
companies are listed on the DAX (Deutscher Aktien Index). The members of
the 2008 RACER Benchmark Group include Audi AG, BASF SE, Bertelsmann AG,
BMW AG, Daimler AG, Deutsche Post World Net, Deutsche Telekom AG, E.ON AG,
Evonik Industries AG, RAG Aktiengesellschaft, Robert Bosch GmbH, SAP AG,
and ThyssenKrupp Steel AG.

    "After an intense selection process, which was tailored to the needs of
this unique benchmark group, we have decided to select Kenexa as our
partner of choice for solutions and content. Kenexa's experience in the
human capital management industry, including its global footprint,
flexibility and knowledge of survey best practices will allow the group to
establish world-class standards of employee management and survey
processes," said Dr. Franz Deitering, chairperson of the RACER Benchmark
Group.

    As the group's research partner, Kenexa will provide thought leadership
and strategic direction for standard employee survey items for use among
the members' organizations. Kenexa will also support data collection and
management, provide the capability to access the aggregate data and will
help optimize the members' survey practices.

    "Kenexa is extremely honored to have been chosen for such an important
role in working with these world-class organizations to provide the
solutions and content for the benchmark data that will allow them to
understand how their employee engagement levels compare and work toward
finding the right solutions for driving employee engagement. This is an
exciting opportunity and the results will have lasting effects on the
work experience of global employees," said Ritu Mohanka, managing
director, Kenexa Central and Eastern Europe.

    "We are very excited the RACER Benchmark Group has selected Kenexa to
provide thought leadership, benchmark data and best practices for its
member's employee-based research. Our purpose is helping organizations
build the world's greatest workforces. Partnering with the RACER Benchmark
Group and its member's organizations aligns with that promise and we look
forward to a long and positive relationship," said Rudy Karsan, chief
executive officer, Kenexa.

    About Kenexa

    Kenexa (NASDAQ: KNXA) is a global leader in building the world's greatest
workforces using a combination of software, employee research science and
business process optimization. Kenexa's global solutions include applicant
tracking, onboarding, recruitment process outsourcing, employment
branding, skills and behavioral assessments, structured interviews,
performance management, multi-rater feedback surveys, employee engagement
surveys and HR Analytics. Kenexa is headquartered in Wayne, Pa. (outside
Philadelphia). Additional information about Kenexa and its global
products and services can be accessed at www.kenexa.com.

    



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