AlignMark Forms Indian-Based Venture

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<strong>Maitland, Fla. &mdash; April 7</strong><br />AlignMark Inc. has formed a new Indian-based joint venture that will build, manage and offer a repertoire of intellectual property to help all organizations with operations in India better combat human capital challenges including talent acquisition, selection, engagement and retention. The new entity, named Global Talent Metrics Inc., will offer a range of high-end IP-based tools that will help clients address key issues such as attrition and retention apart from providing validated instruments for attracting and selecting the best talent. The current suite of tools as well as those planned in the future will be solely focused on helping organizations with operations in India win the &ldquo;war for talent.&rdquo;<br /><br />AlignMark has invested the past two years, in partnership with eight leading companies in India, leading HR Outsourcer, Summit HR Worldwide Inc. and the respected Indian Institute of Management in Bangalore, researching the engagement and turnover issues endemic to India and as a result has created a system of psychometric tools aimed at predicting, managing and controlling turnover. <br /><br />According to AlignMark&rsquo;s CEO, Cabot Jaffee, Ph.D., &ldquo;Our focus and unwavering passion at AlignMark has always been helping our clients optimize the investment they make in human capital. We want our clients and prospects to experience: 1) higher levels of employee engagement and retention, 2) higher levels of customer service and quality and 3) higher levels of revenue and profits.&rdquo; <br /><br />He went on to say, &ldquo;The irony about the Indian workforce is that in spite of the large talent pools of young, educated people, there is only a fraction that would be referred to as truly employable. When you add the projected growth of the markets in India, the endemic talent shortages; rising turnover rates; the lack of research and turnover benchmarking studies; and the lack of tools to help organizations to assess, predict and manage turnover, clearly all of these factors led to AlignMark&rsquo;s decision to expand our global reach to a market in need of our intellectual capital and proprietary products and services.&rdquo;<br />

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