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CareerRewards Wins HR Executive's 'Top Human Resource Product of the Year' Award for TeamRewards.net.


Business Editors/Hi-Tech Writers

MCLEAN, Va.--(BUSINESS WIRE)--Dec. 7, 2000

Prestigious Award Recognizes TeamRewards.net as a Unique eSolution

to Revitalize re·vi·tal·ize  
tr.v. re·vi·tal·ized, re·vi·tal·iz·ing, re·vi·tal·iz·es
To impart new life or vigor to: plans to revitalize inner-city neighborhoods; tried to revitalize a flagging economy.
 Employee Referral Programs using the Power of the

Internet

CareerRewards, Inc. (www.careerrewards.com), the leading provider of Internet-based referral recruiting solutions, today announced that its TeamRewards.net(TM) product has been named one of the "Top HR Products of the Year" for 2000 by Human Resource Executive.

This prestigious and coveted cov·et  
v. cov·et·ed, cov·et·ing, cov·ets

v.tr.
1. To feel blameworthy desire for (that which is another's). See Synonyms at envy.

2. To wish for longingly. See Synonyms at desire.
 award is given to 10 companies that have developed exceptional products to meet the needs of the human resource industry.

"After reviewing a record number of product entries this year, Human Resource Executive's editors are pleased to select TeamRewards.net as one of the 10 best HR products of 2000," said David Shadovitz, Editor-in-Chief of Human Resource Executive magazine.

"TeamRewards.net's innovation in automating and improving employee referral programs using the Internet will help HR directors and recruiters harness one of the most effective hiring tools - personal referrals."

"We are honored to be recognized by one of the most influential publications in the human resource industry for our development of TeamRewards.net," said Douglas Layman LAYMAN, eccl. law. One who is not an ecclesiastic nor a clergyman. , president 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 CareerRewards.

"Employee referral programs are widely recognized as the most effective way to hire high quality employees that stay with the company for a long time. TeamRewards.net empowers HR and recruiting professionals to improve the effectiveness of their employee referral programs using a Web-based interface that reduces cost-per-hire and fills positions faster, while at the same time making the programs more exciting for employees by encouraging them to make referrals and reap the rewards. By applying Internet technology, we've been able to make employee referral programs better, faster and cheaper - in much the same way that the Internet has benefited other industries."

TeamRewards.net makes life easier for HR by automating administrative duties -- especially across geographic and organizational boundaries -- and providing a Web-based forum for communication of real-time referral status, prize, and payment information. In the past, the only tool HR professionals had for improving referral hiring was a paper-based referral program.

For the first time, companies can harness the power of automation and the Web for internal employee referral programs in minutes. The TeamRewards.net automated au·to·mate  
v. au·to·mat·ed, au·to·mat·ing, au·to·mates

v.tr.
1. To convert to automatic operation: automate a factory.

2.
 employee referral program is delivered through an Application Service Provider (ASP asp, popular name for several species of viper, one of which, the European asp (Vipera aspis), is native to S Europe. It is also a name for the Egyptian cobra (Naja haja). ) and is ready to use without having to obtain additional software or hardware, or tap into internal IT staff for assistance.

About Human Resource Executive

Human Resource Executive(R)was established in 1987 and continues today as the premier publication focused on strategic issues in HR. Written primarily for vice presidents and directors of 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. , the magazine provides these key decision-makers with news, profiles of HR visionaries Visionaries may refer to:
  • The Visionaries, a hip hop band from Los Angeles
  • , a 13 episode cartoon series, 6 issue comic run and a toyline from the late 1980s
  • Visionaries with Antanas Mockus, a Colombian political party
 and success stories of human resource innovators innovators

people who will try new things.


early innovators
important figures in the farming or client community because they are the leaders in the introduction of new techniques and management systems.
.

Stories cover all areas of human resource management, including personnel, benefits, training and development, HR information systems, relocation RELOCATION, Scotch law, contracts. To let again to renew a lease, is called a relocation.
     2. When a tenant holds over after the expiration of his lease, with the consent of his landlord, this will amount to a relocation.
, retirement planning Retirement financial planning refers to a collection of systems, methods, and processes which, in their aggregate, support a family unit's (client's) desire to achieve a state of financial independence, such that the need to be gainfully employed is optional. , workplace security, and healthcare. More than 50,000 HR decision-makers currently receive the publication, which is published 16 times a year. For more information about Human Resource Executive, please visit www.hrexecutive.com.

About CareerRewards

CareerRewards, Inc. is the leading provider of Internet-based, referral recruiting solutions. CareerRewards' products and services allow employers to reach new sources of high-quality candidates by combining the best hiring technique--personal referrals--with patent-pending Internet technology and a world-class recruiting operation.

As a full-service recruiting solution, CareerRewards offers a better, faster, and less expensive alternative to traditional recruiter. As a product, TeamRewards(TM), the leading eSolution for corporate employee referral programs and one of HR Executive's "Top HR Products of the Year" for 2000, provides a customized, private-label system for increasing the quantity and quality of referral hires.

The company is headquartered in McLean, Virginia McLean is an unincorporated community located in Fairfax County in Northern Virginia. A small geographic area along Chain Bridge Road in Arlington County has a 22101 zip code and is also part of McLean. . For more information on referral-based recruiting solutions, please visit www.careerrewards.com, www.teamrewards.net, or call 703/442-3110 x500.
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No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2000, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Dec 7, 2000
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