(Source: MARKETWIRE)TaleoWORLD -- Taleo Corporation (NASDAQ: TLEO), the leading provider of on-demand talent management solutions, today announced the availability of Taleo Business Edition Comp(TM), the company's new compensation management solution for businesses with less than 5,000 employees. Taleo Comp is part of the Taleo 10(TM) Talent Management solution for small and medium businesses and includes modules for recruiting, onboarding, goal planning and performance evaluation. Taleo 10 supports the entire "hire to retire" employee lifecycle.

Taleo Comp gives customers the broadest possible view of their workforce. In conjunction with Taleo Perform(TM), Taleo Comp offers small and medium businesses ultimate flexibility in determining compensation based on performance, by:

--  Powering equitable compensation. Taleo 10 creates a summary
    calculation from multiple performance reviewers. This, in turn, can be
    compared to organizational guidelines to ensure equitable compensation
    allocation across the organization.
    
--  Supporting compensation-related events. Allows real-time modeling and
    "what if" analysis for anniversary, market-related, and "one off"
    compensation cycles throughout the year.
    
--  Compensation for all. Taleo 10 can be used to administer compensation
    cycles for professional and project-based employees.
    

"As more and more organizations implement integrated talent management software, they will realize that compensation and total rewards are the next big thing to automate as part of their goal to improve the performance and engagement of their workforces," said Josh Bersin, CEO of Bersin & Associates, a leading industry research and advisory services firm.

A Harris Interactive consumer survey released in September shows that businesses face a steep challenge with their most important competitive weapon, their internal talent. Two-thirds (66%) of American workers are not currently satisfied with their compensation. Taleo Comp's holistic view of pay for performance can make a substantial difference in powering company growth and innovation, as well as increasing employee trust and engagement.

"Retaining top performers is less about technology and more about gaining the trust and confidence of the employee base," said Jason Blessing, Group Vice President and General Manager of Taleo Business Edition.