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Press Releases 2006
HRN Management Group Named 81st Fastest Growing Utah Company by MountainWest Capital Network
SALT LAKE CITY (November 2, 2006) — The MountainWest Capital Network has named HRN Management Group as the 81st fastest growing company in Utah. The 2006 Utah 100 Awards, honoring the 100 fastest growing Utah-based businesses, were presented at a luncheon on October 26 at the Grand America Hotel in Salt Lake City attended by over 1500 Utah business leaders. Speaking at the awards luncheon, were Utah Lieutenant Governor Gary R. Herbert and U.S Senator Bob Bennett, Utah.
HRN develops and markets products designed to simplify and improve human resource management, employee development, company performance, compensation administration, and HR regulatory compliance. Revenue growth has been led by HRN’s Performance Pro and Compease products, along with continuing excellence in customer retention.
Accepting the award on behalf of HRN was Marketing Manager, Paul Hendrycks. Mr. Hendrycks stated, “Not only is it an honor to be selected to the Utah 100, it is also a fitting tribute to the dedication and professional integrity of HRN staff who develop and support such outstanding and beneficial human resource management products.”
About HRN Management Group
Founded in 1989, HRN, a privately held company, develops practical and effective HR management and staff development products designed to simplify and improve human resource management, employee development, and regulatory compliance. Leading HRN products are Performance Pro online employee performance management solution and Compease Salary Planning and Compensation Administration software. HRN's commitment to product excellence at an affordable price and superior customer support distinguish them from the competition. HRN can be reached on the Internet at www.hrnonline.com or via email at info@hrnonline.com.
HRN Management Group Named Top 100 Fastest Growing Utah Companies
Year-To-Date Sales Revenue Up 25% Over Record 2005
SALT LAKE CITY (October 13, 2006) — The MountainWest Capital Network has named HRN Management Group as one of the 100 fastest growing companies in Utah. Awards will be presented on October 26 at the Grand America Hotel in Salt Lake City. HRN develops and markets products designed to simplify and improve human resource management, employee development, company performance, compensation administration, and HR regulatory compliance.
Providing support for this honor, Jerry P. Nelson, President of HRN Management Group today announced that fiscal year 2006 sales to date (January 1 through September 30) increased 25% over the record setting 2005 mark for the same period. New sales growth has been led by HRN’s Performance Pro and Compease products, along with continuing excellence in customer retention.
Mr. Nelson stated, “It is an honor to be named one of the Utah 100. HRN’s steady growth is attributable to knowing our market, staying focused on the needs of our customers and having a talented and dedicated staff. The result is our products continually improve and provide more value and relevance to each customer. This is evident by a customer retention rate that has held at over 95% for the past four years.”
HRN Management Group Announces Performance Pro Upgrade
SALT LAKE CITY (July 17, 2006) — HRN Management Group has released an upgrade to its leading Performance Pro online employee performance management solution that includes term customization and additional reporting capability.
Ms. Jane Haertel, Executive Vice President of HRN Management Group stated, “We are adding even greater flexibility to Performance Pro by providing administrative users the ability to customize key appraisal terms. For example administrative users can modify the terms ‘factor’ or ‘goal’ and the changes will appear throughout the appraisal and on all reports. Additionally, our new reports provide a much wider and deeper view of appraisal data that allows managers and administrators to be more strategic in their ability to plan and achieve objectives.”
Five administrative and appraiser level reports have been added to assist in documenting and clearly presenting appraisal and employee information quickly, and with little effort. The reports track and report overdue and completed appraisal status as well as provide managers with a wide variety of options for evaluating employee goals. The new reports utilize the Performance Pro report wizard interface which allows authorized users to control how much or how little data they wish to display.
Since Performance Pro is a centrally-hosted ASP solution there is no IT investment, or other costs on behalf of clients to upload, implement, or begin to utilize the new features. All upgrades, hosting, secure storage and customer/technical support are included in the low annual user license.
About Performance Pro
Performance Pro is an online, automated, and customizable, performance appraisal system designed for companies requiring a flexible and easy to use employee development and evaluation tool. Features include appraisal routing, cascading goals, weighted performance factors, e-mail notification, manager comment coaching and resources, optional multi-appraiser module, and much more.
Companies interested in learning more about the appraisal system may obtain a free 30-day trial account or attend a webinar demonstration: Visit www.hrnonline.com to participate.
HRN Management Group Announces Q1 Results
& 400th Performance Pro Client
SALT LAKE CITY (April 11, 2006) — Mr. Jerry P. Nelson, President of HRN Management Group, today announced record 1st quarter 2006 earnings and the addition of the 400th Performance Pro client.
Sales revenue for the first three months of 2006 increased by 48% over the same period in 2005 driven by strong demand for Performance Pro.
These achievements follow a record setting sales year in 2005. HRN develops and supports a variety of powerful and cost-effective human resources management solutions specifically for small and medium sized businesses.
Performance Pro is an online employee performance management solution developed to include everything an organization needs to implement a complete, user-friendly automated performance appraisal program. Mr. Nelson attributes the popularity and appeal of Performance Pro to its overall ease-of-use, flexibility, robust feature set, and ‘all inclusive’ pricing model.
Mr. Nelson stated, “It is our goal to provide a cost-effective business solution that provides all the benefits of secure, online access with just the right mix of function, content and tools. This enables our clients to develop a more productive and effective workforce, while at the same time eliminating the headaches and hassles typically associated with administering an employee performance appraisal program.”
Performance Pro pricing is straight forward with no added costs for content, maintenance, hosting, or support. Everything is included in one cost based simply on the number of employees in an organization.
Performance Pro clients range in size from 10 to 6000 employees in a wide variety of industries including financial services, public sector/government, technology, manufacturing, education, hospitality, insurance/legal, pharmaceutical and many more.
HRN Management Group Adds 51 New Job Descriptions to Job Descriptions Plus Library
New Job Descriptions Focused on Financial Services, Human Resources and Information Technology Positions
SALT LAKE CITY (March 9, 2006) — Adding to its extensive and industry-leading job description library, HRN Management Group has released 51 new employee job descriptions focused on executive, financial services, human resources, information technology, and facilities positions. Each job description is written by legal and HR experts and includes Americans with Disabilities Act (ADA) information, a complete job summary, essential functions, performance measurements, job qualifications, and more. Job descriptions are available individually for $30. or as part of a complete collection of over 400 job descriptions named Job Descriptions Plus for $395. For more information, free samples, and a complete list of job description titles go to www.hrnonline.com/job_about.asp.
With this most recent release, the total number of job descriptions available from HRN totals nearly 650.
Jane Haertel, HRN Executive Vice President stated, “A clear and concise job description is the basis for effectively communicating the requirements and expectations of a job function. HRN follows employment data and continually updates our job description library to reflect evolving hiring trends, career paths and technology advancements.”
HRN Management Group Posts 42% Sales Growth in 2005
Addition of 106 New Cross-Industry Performance Pro Clients and High Customer Satisfaction Lead Company to Record Setting Year
SALT LAKE CITY (January 10, 2006) — Mr. Jerry P. Nelson, President of HRN Management Group today announced that 2005 annual sales (January – December) increased a record 42% over 2004 annual sales. The prior sales growth record was set in 2004 at 19%. 2005 sales growth was led by continuing strong sales of the Performance Pro employee performance management solution and Compease compensation administration software.
HRN develops and markets products designed to simplify and improve employee performance development, compensation administration, and HR regulatory compliance for small and medium sized businesses.
Mr. Nelson attributes the results to the overall value proposition and quality of HRN products. He stated, "Companies are investing in centrally administered human capital management systems that are easy to implement and use, that focus on employee development, and are based upon a foundation of achievement, accountability and fairness. Our products are extremely well positioned to address these needs while providing the overall quality, security and bottom line value the marketplace demands."
Paul Hendrycks, HRN Marketing Manager, expanded on Mr. Nelson’s remarks, “We added 106 new Performance Pro clients during 2005. Over 50% of the new [Performance Pro] clients were comprised of companies from strategically targeted ‘new growth’ vertical markets. This is significant because it stands as a strong proof point that Performance Pro is equally applicable, effective and positioned for continued growth in a broad range of industries.”
In addition to new product sales, high customer satisfaction significantly contributed to the company’s successful year demonstrated by record annual renewals.
HRN Management Group Announces New Performance Pro Upgrade
Enhanced reporting, and customization features top list of upgrades for leading online employee performance appraisal system.
SALT LAKE CITY (January 31, 2006) — HRN Management Group released its semi-annual upgrade for Performance Pro employee performance management solution. Included in the upgrade is a new report user interface, and enhanced report functions. Other upgrades include additional customization functions and enhancements for merging appraisal scores, viewing appraisal history, and resetting passwords.
Michele Lindsay, HRN Director of Product and Client Support stated, “This upgrade is significant because the new report interface allows administrative users [of Performance Pro] greater flexibility in determining specific report criteria. The new interface allows us to readily enhance existing reports and quickly implement new or customized report functions. This adds significant value and operational functionality to Performance Pro allowing clients access to more data and report formats.”
Performance Pro is a centrally-hosted ASP solution, accessible over the Internet. Upgrades are immediately available and require no customer resources to implement. All upgrades, hosting, secure storage and customer/technical support are included in the low annual licensing fee.
Also announced today by HRN Management Group is the release of their HR Suite semi-annual update. This release comprises new and revised HR compliance policies and forms that subscribing companies may incorporate into their employee handbook and company policy manual.
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