TALX Partners With Gibbens to Increase Distribution of The
Work Number
Gibbens, Leading Benefits Cost Containment Firm, to Offer Automated Salary
Verification
ST. LOUIS--(BUSINESS WIRE)--April 17, 1998-- TALX Corp. (NASDAQ: TALX - news) has
announced a new partnership with Gibbens Co., a leading benefit cost containment firm. As a sales partner of
TALX, Gibbens can now offer its clients The Work Number, the automated employment and salary
verification service TALX began marketing to large employers in 1995.
''We are thrilled with the opportunities and synergy we expect will result from this partnership,'' noted Bill
Canfield, president and CEO of TALX. ''Gibbens is an experienced and trusted advisor to benefits managers
throughout corporate America, and we believe our union with Gibbens will allow TALX to increase the
visibility and distribution of The Work Number,'' he said.
''The Work Number offering complements the full array of services we provide our clients,'' commented
Mario Poretto, executive vice president of Gibbens. ''This unique outsource solution is unmatched elsewhere
in the marketplace,'' he added.
''Gibbens clients already understand the strategic value of outsourcing,'' commented Gary Been, TALX
national product director. ''Our partnership will allow Gibbens to introduce their clients to the benefits of
outsourcing employment and salary verification to TALX. The Work Number service TALX developed lets
employers drastically reduce their administration of employment and salary verification, which many human
resource executives view as a resource-draining nuisance,'' he explained.
Typically before a bank 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 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, banks and other organizations can access the database automatically to verify
the information.
The nation's largest corporate employer, Wal-Mart Stores Inc. [NYSE:WMT - news], and numerous others
including Hewlett-Packard, JC Penney, Microsoft, Motorola, PeopleSoft, Procter & Gamble, Quaker Oats,
Sears Roebuck & Co., Sun Microsystems, Tenet Healthcare Corp. [NYSE:THC - news], United States
Dept. of Agriculture (USDA) and Walgreen Co. [NYSE:WAG - news] outsource employment and salary
verification to TALX. The employment records of these employers are combined on one national database of
nearly 20 million records -- including data about current and former employees.
More information about The Work Number can be obtained by calling 1-800-888-8277, by visiting the
website theworknumber.com or sending an e-mail to moreinfo@talx.com.
About Gibbens Co.
With 1997 revenues in excess of $20 million, Gibbens Company -- founded in 1966 -- is the nation's third
largest provider of unemployment compensation services. The company also provides state fund and
self-insured workers' compensation services. Gibbens employs 382 people in its Reno, Nevada, headquarters
and 25 other locations across the country.
About TALX Corp.
St. Louis-based TALX Corp. provides interactive Web, interactive voice response (IVR), computer
telephony integration (CTI) software and services 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'' and Employee Central,'' a set of more than a dozen automated
solutions including automated benefit enrollment, job posting, time reporting and new employee processing.
These solutions can be integrated with today's popular enterprise resource planning (ERP) software products
such as Oracle, PeopleSoft and SAP.
Contact:
TALX Corp., St. Louis
Jackie Engel, 314/214-7181
jengel@talx.com
or
DG&A Communications
Jill Sherman, 314/725-0122
jills@dgastl.com |
