Workstream Inc (WSTM), a leading provider of on-demand compensation, performance, and talent management solutions, announced that a major U.S. commercial airline has extended their contract agreement with Workstream. This four-year contract extension specifies that an additional 10,000 employees will enable the airline to continue using Workstream to manage compensation planning.
The airline’s decision to extend their use of Workstream’s compensation planning coincides with recent industry recognition. In a comprehensive study of leading talent management suites, Workstream received top marks for their compensation management capabilities. More information about this achievement can be found by accessing: http://www.workstreaminc.com/company/pr2008/prjan23_08.asp.
Deepak Gupta, CEO of Workstream, commented, “Workstream continues to show its leadership in on-demand talent management through this significant extension of service with one of the top five U.S.-based airlines. The potential for a slowdown in the economy drives the need for organizations to implement improved compensation practices and integrated pay-for-performance processes.”
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