Advanced-HR Joins the Startups.com Premier Service Provider Network to Provide Startups.com Customers With State-of-the-Art Human Capital Management Solutions.Business Editors SARATOGA, Calif.--(BUSINESS WIRE)--Oct. 4, 2000 Advanced-HR, a Silicon Valley-based firm that specializes in providing startup companies The creator of this article, or someone who has substantially contributed to it, may have a conflict of interest regarding its subject matter. It may require cleanup to comply with Wikipedia's content policies, particularly neutral point of view. with state-of-the-art decision support for pay and stock strategies, today announced a partnership with Startups.com. Under the terms of the agreement, Advanced-HR will join the Startups.com Premier Service Provider Network, enabling Startups.com clients to have linked access to Advanced-HR's Option Impact(TM). Advanced-HR's Option Impact enables new companies access to real time information on pre-IPO stock, pay and business practices. It allows companies at all stages of pre-IPO development to access the most up-to-date compensation and equity distribution data via the Internet. Option Impact allows new companies to make the decisions that allow them to stay competitive and retain the most important asset in a technology-knowledge company: their employees. Option Impact takes the guesswork out of stock and pay decisions. "There is nothing worse for the entrepreneur entrepreneur (än'trəprənûr`) [Fr.,=one who undertakes], person who assumes the organization, management, and risks of a business enterprise. than seeing their vision go unfulfilled because they can't hire and retain the people to make their business successful," says Dee DiPietro, founder and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. of Advanced-HR. "The solutions we offer remove the guesswork from critical stock and pay decisions that help pre-IPO businesses hire successfully in a very tight market for human capital." With the red-hot technology job sector of today, it is critical that pre-IPO companies have a leg up on the competition in the race for talent. It is estimated that there are over 500,000 unfilled technology jobs today and the number is increasing. "As an Operations Service Provider, Startups.com delivers business infrastructure consulting and implementation to startup and growing companies that need assistance in the areas of real estate, facilities, human resources The fancy word for "people." The human resources department within an organization, years ago known as the "personnel department," manages the administrative aspects of the employees. , IT, marketing and finance," says David Stremba, senior director of business development of Startups.com. "For delivering human capital management strategies, we are very pleased to partner with Advanced-HR. Their innovative Option Impact system allows our clients to make precise, informed decisions about compensation packages." About Advanced-HR Founded in 1997, Advanced-HR, Inc. is the first and only company to provide new technology enterprises with the online, real-time intelligence necessary for developing strategies to successfully manage investments in human capital. Any decision-maker in a pre-IPO enterprise needs Advanced-HR's system because it revolutionizes planning for venture-backed startups through quick access to the most up-to-date competitive stock and pay data available anywhere. Leveraging this data, which is of unprecedented quality and validity, eliminates the speculation and guesswork currently involved in structuring stock and pay packages. For more information about the company's online solutions, visit Advanced-HR at www.advanced-hr.com. About Startups.com Startups.com, based in Redwood City, California Redwood City is a suburb located on the San Francisco Peninsula in the San Francisco Bay Area of California. Redwood City is the county seat of San Mateo County. As of the 2005 census, the city had a total population of 76,000. and New York New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of , provides business setup See BIOS setup and install program. consulting, managed project implementation, and procurement The fancy word for "purchasing." The procurement department within an organization manages all the major purchases. services to high tech companies. Service offerings include: concept stage development; real estate; facilities and furniture; information technology, networking and telecommunications Communicating information, including data, text, pictures, voice and video over long distance. See communications. ; human resources, benefits and staffing; finance and administration; and marketing. Startups.com targets domestic and international high tech companies establishing operations in the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. . For additional information please visit www.startups.com. |
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