Combined Company Sets a New Benchmark for Talent Assessment
ME NewsWire/ Business Wire
LONDON. - Tuesday, April 15th 2014
Hay Group, the global management consultancy, today announced that it has acquired leading online psychometric assessments, training and consultancy services provider, Talent Q. The acquisition adds to the already strong assessment services Hay Group offers clients as part of its broader people-related advisory services. It enables the firm to provide objective and actionable insights about applicants and employees at all levels in an organization.
Founded by leading occupational psychologist Roger Holdsworth in 2006, Talent Q is a pioneer of online psychometric assessments and one of the most innovative players in the market, serving all sizes of organizations, across many different industry segments. As a result of the acquisition, clients in over 125 countries will benefit from Hay Group and Talent Q's combined expertise.
"Both Hay Group and Talent Q are known for their deep people expertise and commitment to innovation and client service, which led us to first become strategic partners in 2010," said Stephen Kaye, President and CEO of Hay Group. "Today's announcement reinforces our strategy to be a leading advisory company both in consulting- and technology-led services. It brings together exceptional talent to help our clients gain a competitive advantage by putting the right people in the right roles, at every level, faster."
The shortage of skilled people around the world, compounded by a significant increase in employee turnover as the economy improves, means that the pressure on organizations to select, develop and retain talent has never been greater. Together, Hay Group and Talent Q will provide powerful insights to help clients address these talent challenges.
"We are delighted to join Hay Group and Talent Q together,” said Chris Holdsworth, CEO of Talent Q. "We know Hay Group well and have already seen the joint impact we can have on client organizations through our longstanding partnership. We share a passion for client service, outstanding user experience and putting solid science and great data behind everything we do. By combining our expertise, we will be able to offer our clients new ways to get the most from their people. We are really excited about the future.”
For more information, please contact Jennie Wright of Hay Group at firstname.lastname@example.org or +44.(0).20.7856.7000 or visit http://bit.ly/QlLDFl.
About Talent Q
Talent Q design and deliver innovative online psychometric assessments, training and consultancy, to help organizations make better, more informed decisions about their people. Talent Q work with over 1,000 national and international organizations across all sectors, and with a network of partners in over 50 countries and with assessments in over 40 languages, they’re able to deliver talent management solutions to clients across the world. For more information, please visit www.talentqgroup.com.
About Hay Group
Hay Group is a global management consulting firm that works with leaders to transform strategy into reality. We develop talent, organize people to be more effective and motivate them to perform at their best. Our focus is on making change happen and helping people and organizations realize their potential.
We have over 3000 employees working in 87 offices in 49 countries. Our insight is supported by robust data from over 125 countries. Our clients are from the private, public and not-for-profit sectors, across every major industry. For more information please contact your local office through www.haygroup.com.
Jennie Wright, +44.(0).20.7856.7000