RiseSmart and SilkRoad Announce New Partnership to Further Streamline Offboarding

April 13, 2015

SilkRoad’s RedCarpet Platform Will Integrate RiseSmart’s Outplacement Solutions

SAN JOSE, California and CHICAGO, Illinois – April 13, 2015 – RiseSmart®, a leading provider of contemporary career transition services, and SilkRoad®, a global provider of cloud-based, end-to- end talent management solutions, today announced a new partnership that will integrate RiseSmart’s outplacement solutions into SilkRoad Onboarding [RedCarpet®], which helps organizations manage employee work events, including offboarding.

Through the mutually beneficial partnership, SilkRoad can refer customers to RiseSmart and enable users of SilkRoad’s enterprise offboarding solution to seamlessly register for RiseSmart’s outplacement services. In return, SilkRoad will further expand its end-to-end offering by providing customers an easy option to add outplacement services to their talent management system.

The collaborative approach to offboarding and outplacement will provide a more streamlined employee transition process, benefiting RiseSmart and SilkRoad customers and their impacted employees.

“Departing employees are now your company’s voice, future partners, and a critical part of ongoing success,” said Kevin Thompson, vice president of channel sales for SilkRoad. According to SilkRoad and estimates from the U.S. Bureau of Labor Statistics, by 2030 half of the American workforce will be composed of contract workers. “Re-hiring or contracting an ex-employee will be much more likely in the future, so providing world-class offboarding and outplacement is simply good for both business and employees.”

When impacted employees take advantage of RiseSmart’s career transition support, they typically find a new job months faster than the national average.

“Outplacement and offboarding go hand-in-hand,” said Tim Beaumont, RiseSmart’s vice president of alliances. “Our unique approach to outplacement will complement SilkRoad’s flexible, automated offboarding by tailoring personalized services, targeted job leads, and customized content to each participant.”

The partnership supports RiseSmart’s ongoing mission to help organizations take care of their people at every stage of the employee life cycle. Together, RiseSmart and SilkRoad will continue to improve conditions for transitioning talent.

RiseSmart will take part in SilkRoad Connections 2015 Annual User Conference taking place from June 7-10, 2015 in Orlando, Florida.

About SilkRoad

SilkRoad is a leading global provider of cloud-based, end-to-end talent management solutions that enable customers to find, attract, develop, and retain the best talent. The award-winning SilkRoad Life Suite includes Talent Acquisition, Talent Development, and HRMS solutions that are delivered through a tablet-friendly Talent Portal. The suite is easy to deploy and use—a single platform to rapidly boost employee engagement and business performance. Visit www.silkroad.com, follow on Twitter @SilkRoadTweets or call 866-329-3363 (U.S. toll free) or +1-312-574-3700.

About RiseSmart

RiseSmart is a leading provider of contemporary career transition services that strengthen employer brands, improve retention and re-engage talent. RiseSmart's contemporary approach to outplacement combines personalized services from trained professionals with unmatched technology delivered through a convenient, cloud-based platform. High-performing organizations in more than 40 industries rely on RiseSmart’s outplacement solution to help former employees find new jobs faster. Landing rates exceeding 80 percent and time-to-placement averages more than 60 percent faster than national averages have helped make RiseSmart the nation’s fastest- growing outplacement firm. RiseSmart's innovative approach to human capital management has earned the company a wide range of awards and recognition from organizations including Bersin by Deloitte, the Best in Biz, Gartner Inc., the Golden Bridge Awards, GreatRated!, LAROCQUE, the Momentum Index, Red Herring, the San Francisco Business Times, SiliconIndia, the Silicon Valley/San Jose Business Journal, the Stevie Awards and TIE. Additionally, RiseSmart’s outplacement solution has earned the exclusive endorsement of the American Hospital Association. For more information about how enterprise career management can help you, visit http://www.risesmart.com.