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E-Duction Names Charles Tharp to Advisory Board.


Business Editors

BLUE BELL, Pa.--(BUSINESS WIRE)--Oct. 17, 2002

E-Duction, the first company in the world to offer a voluntary employee benefit that links credit card purchases to interest-free payroll deduction, announced today that it has named a highly respected 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.  thought leader, Charles G. Tharp, Ph.D., to its Advisory Board.

E-Duction's Advisory Board consults with the company on business and product development and other important issues. Selected on the basis of their professional leadership and acknowledged industry expertise, Advisory Board members offer valuable insight and advice to E-Duction's product development specialists and business strategists. E-Duction was awarded the 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.
 Best Management Team award from Ben Franklin Technology Partners in 2002, and now the company is developing an impressive Advisory Board that is attracting industry leaders.

Charles G. Tharp, Ph.D. is Professor of Human Resources in the School of Management and Labor Relations at Rutgers University Rutgers University, main campus at New Brunswick, N.J.; land-grant and state supported; coeducational except for Douglass College; chartered 1766 as Queen's College, opened 1771. Campuses and Facilities


Rutgers maintains three campuses.
. He has over 24 years of corporate experience, including key human resources positions with General Electric, PepsiCo, Pillsbury, CIGNA CIGNA CG (Connecticut General Life Insurance Company) INA (Insurance Company of North America)  and Bristol-Myers Squibb Bristol-Myers Squibb (NYSE: BMY), colloquially referred to as BMS, is a pharmaceutical corporation, formed by a 1989 merger between pharmaceutical companies Bristol-Myers Company, founded in 1887 by William McLaren Bristol and John Ripley Myers in Clinton, NY (both were , where he served as the Senior Vice President of Human Resources. Tharp also served as an executive compensation consultant for the global consulting firm of Towers Perrin. He was elected a Fellow of the National Academy of Human Resources "NAHR NAHR National Academy of Human Resources
NAHR National Alliance for Human Rights
NAHR non-allelic homologous recombination
", serves on the Board of Directors of the NAHR, is a past Vice Chairman of the Board of Directors of the Labor Policy Association, and served on the Advisory Board of the Center for Advanced Human Resources Studies at Cornell University. Tharp is a member of the Editorial Board of Human Resource Management and the Advisory Board of Compensation and Management Review.

"Charles Tharp brings a tremendous amount of human resources expertise, as well as extraordinary vision to E-Duction's Advisory Board," says Kirk Watkins, 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 E-Duction. "We are very pleased to announce his appointment, and feel he will play an important role in the future of our company. Our ability to attract someone of Charlie's caliber speaks highly about our award-winning management team and the strength of our product offerings."

"Having worked with Fortune 500 companies for years, I have an in depth understanding of the benefits that these progressive companies demand," Dr. Tharp begins. "E-Duction meets this demand for innovative benefits and technology."

About E-Duction

E-Duction was launched to capitalize on a growing trend that has emerged in payment technology - payroll deduction. In July of 2002, E-Duction introduced the first payroll deduction card, Clear, that gives employees interest-free purchasing power Purchasing Power

1. The value of a currency expressed in terms of the amount of goods or services that one unit of money can buy. Purchasing power is important because, all else being equal, inflation decreases the amount of goods or services you'd be able to purchase.

2.
, 365 days per year. Clear is an innovative voluntary benefit that allows employees to make purchases at over 28 million MasterCard acceptance locations worldwide and spread payments out over future paychecks. E-Duction has teamed with some of the world's largest consumer financial services companies including MasterCard International.

For more information about E-Duction, please contact Garrett Allen at Gregory FCA FCA

Abbreviation for the Free Carrier
 Communications at 610-642-8253 or garrett@gregoryfca.com.
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Copyright 2002, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Oct 17, 2002
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