Bank of Queensland to Gain Competitive Advantage with SilkRoad's OpenHire and RedCarpet

Chicago, IL

SilkRoad technology, inc., a leading provider of cloud-based talent management solutions, announced today that Bank of Queensland, one of Australia's most dynamic and innovative financial institutions, has selected SilkRoad's OpenHire for recruiting and RedCarpet for onboarding and life events management.

Bank of Queensland now has the tools to effectively manage their recruiting efforts and onboard new employees while saving valuable time and money. These solutions will provide Bank of Queensland with best in class performance management capabilities to compliment and support their continued growth.

'Our focus has always been on attracting and retaining the best people and we believe that having the ability to integrate our talent seamlessly into the organization using RedCarpet will be a tremendous benefit for Bank of Queensland,' said BOQ Acting Chief Executive Officer, Ram Kangatharan. 'The ability to save so much time with each new hire and manage the total employee lifecycle is something that presented great value to us and we can't wait to see the positive effects of using it.'

OpenHire, part of SilkRoad technology's Life Suite of talent management solutions, is a market-leading recruiting and candidate management solution that turns the challenging task of attracting and hiring top quality talent into a more efficient, manageable and trackable process. OpenHire offers the best social recruiting, candidate sourcing, qualification screening, process management, career site portal and resume tools in the industry. OpenHire includes advanced intelligent search functionality and reporting to support the latest Equal Employment Opportunity and Office of Federal Contract Compliance Programs reporting regulations.

SilkRoad's RedCarpet, the number one employee onboarding and life events solution on the market, goes beyond just onboarding to handle any employee life cycle event.  In addition to onboarding, these transitions can include offboarding, crossboarding, promotion, transfers, mergers and acquisitions, medical leaves and any other life event an employee may experience. Content that a company wishes to deliver to an employee during such a transition is provided through a completely customizable portal. This information can include welcome messages, a wide range of useful information including schedules, training and contact information, electronic forms capabilities and easy access to all supporting materials applicable to their particular employee transition.

About Bank of Queensland

BOQ is a 136-year old organization with branches in every Australian state and territory with roughly 3700 FTEs comprising of 2000 direct employees and a further 1700 franchisee employees. Listed on the ASX and comprising of three business lines of Banking, Finance and Insurance, their goal is to be the real alternative in Australian financial services.  The BOQ difference is that the majority of their branches are run by Owner-Managers. So local people not only run their branches, they own them.  Their Owner-Managers live locally, know their customers well and are willing to go the extra mile to ensure that their customers always receive exceptional personal service.

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