Domino's Pizza, Inc. Selects The Work Number from TALX Corp. for Outsourced Salary and Employment Verification.
Now, Domino's current and former corporate employees, a total of 50,000, will be able use this automated service to receive instant confirmation of their employment and salary when they need this information to secure a loan or for other purposes.
"After we converted our human resources operations to PeopleSoft's Human Resources software, we had an opportunity to streamline many of our human resources administrative processes," said Jennifer Rossi, HRIS development coordinator, Domino's Pizza, Inc. "Outsourcing our employment and salary verifications to The Work Number automated service is one way in which we were able to alleviate some of this administrative burden."
"It's particularly gratifying when world-class organizations such as Domino's select TALX as their outsourced provider of employment and salary verification," said Bill Canfield, president and CEO of TALX. "As a PeopleSoft partner, TALX offers users of PeopleSoft the opportunity to integrate The Work Number into their existing PeopleSoft environment. In fact, we're proud to claim PeopleSoft Inc. among our many clients using The Work Number service," he added.
Since TALX established The Work Number service three years ago, the number of records on the database and the transaction income associated with these records has climbed steadily with transaction revenue up 150 percent since last year.
About The Work Number
Organizations that outsource salary verification using The Work Number service include: The State of California, Hewlett-Packard, JC Penney, Microsoft, Motorola, Procter & Gamble, Quaker Oats, Sears Roebuck & Co., the State of Florida, the State of Missouri, Sun Microsystems, Tenet Healthcare Corp., and United States Dept. of Agriculture (USDA). The payroll records of these and other employers are combined on one national database of nearly 20 million records.
The initial cost for companies to add their payroll records to The Work Number database and thereby outsource verification transactions to TALX is nominal. Organizations with 5,000 to 20,000 employees will typically incur less than $20,000 for services over a three-year relationship period. Typically before a lender grants a loan, it contacts the loan applicant's employer to verify the applicant's employment and salary.
Companies that employ thousands of people are deluged with such requests for information and incur significant administrative costs to process them. The Work Number service offers employers an automated solution by allowing companies to feed their payroll records into a national database. With appropriate security clearances, lenders and other organizations can access the database automatically to verify the information. More information about The Work Number can be obtained by calling 1-800/888-8277, visiting the Web site www.theworknumber.com or sending an e-mail to email@example.com.
About Domino's Pizza, Inc.
Domino's Pizza, Inc. was founded in 1960 and is recognized as the world leader in pizza delivery. In 1997, system wide sales reached $3.1 billion, Domino's Pizza, Inc. operates more than 6,100 stores in more than 60 countries around the world.
About TALX Corp.
St. Louis-based TALX Corp. provides software, outsourcing and other services, such as interactive Web, interactive voice response (IVR) and call center solutions, to large organizations such as federal government agencies and Fortune 500 companies. The company offers two branded solutions for the Human Resource, Benefits and Payroll market: The Work Number(R) and Employee Central(TM).
Statements in this press release expressing the expectations of management may be forward-looking and involve uncertainties. TALX investment information is detailed in documents filed with the Securities and Exchange Commission.
CONTACT: TALX Corporation
Jackie Engel, 314/434-0046
Jill Sherman, 314/725-0122
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|Date:||Sep 2, 1998|
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