News | September 20, 2001

people3 launches careerpower Version 2.3

New features include enterprisewide assessment scheduling and enhanced job search functionality

people3, a Gartner, Inc. company that specializes in helping companies better manage their human capital within the information technology (IT) organization, today announced the launch of careerpower Version 2.3, a comprehensive and advanced intranet-based career development software tool for the entire enterprise.

careerpower, the career development module of people3's peoplepower workforce management platform, enables employees at all levels within an enterprise to manage personal and professional development. Information about positions, position requirements, career paths, skills, competencies, training and development are available on a single platform. careerpower Version 2.3 also provides individual and 360-degree assessment tools to facilitate timely and meaningful feedback to employees.

"During these uncertain economic times, an effective career development infrastructure is an absolute necessity for any human capital management plan," said Linda Pittenger, president and CEO of people3. "careerpower Version 2.3 will not only empower employees to more actively manage their careers within their current organizations, but it will also enable business leaders to better recruit, manage, deploy and retain their human capital assets."

careerpower Version 2.3's new features include enterprise-wide assessment scheduling, increased user empowerment through assessment and skill management, a job finder function that matches the employees' skills and competencies with desired positions, and improved e-mail support. Additionally, careerpower's online help function has been enhanced with an inclusive, searchable FAQs and glossary database. Finally, careerpower's training materials now include a sample user database, content and complete instructions for use and customization.

For managers, careerpower Version 2.3 provides consistent job and performance criteria as well as an employee skills-and-competencies database that covers the entire enterprise. Data assessment tools help managers make well-informed decisions about employee selection, succession planning and employee development.

"Considering that the costs associated with an employee leaving typically fall between 100 percent to 250 percent of that person's salary, implementing a tool like careerpower Version 2.3 as part of a career development program is a very wise investment," Pittenger said. "New hires are far more likely to join an organization that can map out future career paths and that provide skill and competency development programs."

About people3
people3, the world's leading authority on IT human capital, provides "people solutions" for IT organizations. Supported by seasoned human resources and IT consultants who understand the unique languages and issues of both the HR and IT communities, people3 helps its clients maximize the value of their most important IT investment, their people. Along with its custom consulting services, people3 also delivers solutions through a cross-functional workforce management software tool called peoplepower, and an annual compensation study that focuses solely on the IT industry. people3, a Gartner company, is headquartered in Bridgewater, New Jersey. For more information on people3, please call us at (888) PEOPLE3 or visit our Web site at www.people3.com.

About Gartner, Inc.
Gartner, Inc. is a research and advisory firm that helps more than 10,000 clients understand technology and drive business growth. Gartner's divisions are Gartner Research, Gartner Consulting, Gartner Measurement and Gartner Events. Founded in 1979, Gartner, Inc. is headquartered in Stamford, Conn. and consists of 4,600 associates, including 1,400 research analysts and consultants, in more than 80 locations worldwide. The company achieved fiscal 2000 revenues of $855 million. For more information, visit www.gartner.com.

Source: people3