Workforce performance solution designed for employee effectiveness, increased operating results
Pleasanton, CA — August 19, 2003 — PeopleSoft Inc. this week announced Workforce Performance Solutions (WPS), a suite comprised of PeopleSoft's Enterprise Portal and HRMS Portal Pack, ePerformance, Enterprise Learning Management (ELM), eDevelopment, and components of PeopleSoft's Human Resources (HR) application.
The provider said WPS enables customers to tie together all the elements of organizational development while tracking the impact of investments in training, employee development and performance on an organization's operating and financial results. WPS also enables the appropriate training to ensure compliance with current government and legislative requirements such as Sarbanes-Oxley, Series 7 and OSHA, according to PeopleSoft.
The company added that with WPS, IT departments could take advantage of one solution without the costs and efforts associated with integrating multiple niche vendor solutions. WPS also offers Organizational Development departments such services as real-time employee performance reviews, self-service for competency management and a comprehensive, learning management system.
Additionally, the solution helps HR organizations ensure that the Organizational Development department can execute its training and performance initiatives while meeting the needs of the Finance department, according to PeopleSoft.
"Organizations are seeking solutions that help them strengthen the link between employee contribution and business results, preferably from a single vendor," said Ron Hanscome, senior program director, META Group. "They need to be able to build tighter integration between performance and pay and focus more on developing employee skills and competencies in order to obtain the highest level of workforce performance. Vendors that provide these fully integrated performance and learning management solutions will have an advantage in this emerging market."
"PeopleSoft Workforce Performance Solutions is a workforce resource planning system that breaks down stakeholder barriers within organizational development," said Captain Thomas Broderick, United States Navy. "WPS is the IT mechanism that enables supervisors to create a mentoring and coaching culture that fosters employee performance and accountability."
The WPS suite is available immediately.