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PsyMax Adds Background Screening From Acxiom®
CLEVELAND, Ohio, August 23, 2006 – PsyMax
Solutions, a human capital assessment firm, announced today an
agreement with Acxiom® Corporation to
help companies nationwide improve employee selection, retention
and development.
“Employee selection and development is a huge opportunity
for every company in America,” said PsyMax founder Dr. Wayne
Nemeroff. “The first step is proper background screening
and Acxiom is among the very best in the business.”
It is estimated that 40 percent of resumes contain exaggerations
or omissions about a person’s educational background, past
employment history or qualifications. Ten percent of job applicants
have a criminal record.
“Two out of three new hires will turn out
to be disappointments in the first year,” stated Nemeroff. “Coupling
our personality-based assessment programs with Acxiom’s rigorous
background screening can substantially increase cost efficiencies
and reduce lost opportunities associated with traditional
employee selection and development.”
“We have the answer for companies
that want to find and hire the right person for the right job
the first time.”
The agreement will provide organizations
with a fully integrated employment resource to ensure new employees
fit into the work culture, and pass background screening and integrity
requirements. Organizations can now leverage the experience and
products of both PsyMax and Acxiom to solve costly problems like
high turnover, inventory theft from poor hires and excessive recruiting
costs without having to manage multiple vendors.
About PsyMax, Inc.
Founded in 2002 by Dr. Wayne Nemeroff and
headquartered in Cleveland, PsyMax Solutions is a pioneer in
the application of smart systems to human capital assessment
for employee selection and development. For more information
call 440-603-9000 or visit www.psymaxsolutions.com.
About Acxiom Corporation
Acxiom
Corporation (NASDAQ: ACXM) integrates data, services and technology
to create and deliver customer and information management solutions
for many of the largest, most respected companies in the world.
The core components of Acxiom’s innovative solutions
are Risk Mitigation, Customer Data Integration (CDI) technology,
data, database services, IT outsourcing, consulting and analytics,
and privacy leadership. Founded in 1969, Acxiom is headquartered
in Little Rock, Arkansas, with locations throughout the United
States and Europe, and in Australia and China. For more information,
visit www.acxiom.com.
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