HireRight Expands Product Portfolio with Career Transition Solution

HireRight CareerBeam™ Provides Comprehensive and Affordable Outplacement Services Designed for All Employees

Announced at HR Tech HireRight Booth #632

IRVINE, Calif.--(BUSINESS WIRE)--HireRight®, the leader in on-demand employment background checks, today announced its entry into a new segment of talent management with the introduction of HireRight CareerBeam™, a unique career management and transition solution. HireRight CareerBeam utilizes sophisticated job-matching algorithms and patent-pending technology to leverage social networks for referrals, allowing employees to find new jobs more quickly than traditional methods. Shifting the traditional “executive support” function of outplacement to a dynamic, comprehensive and affordable solution enables companies to deliver assistance to employees at all job levels.

“HireRight CareerBeam is a natural extension for HireRight”

“HireRight CareerBeam is a natural extension for HireRight,” said Mike Petrullo, president and chief executive officer, HireRight. “A decade ago, we saw background screening as an established, legacy process in need of innovation, and we developed technology to accelerate and bring the screening process online, providing substantial benefits to companies and their screening programs. Today, we see a similar opportunity for innovative change with outplacement and career management and see this as an exciting addition to our product line. By deploying technology and integrated services in entirely new ways, companies can cost effectively help all of their employees seeking to change positions internally or impacted by restructuring. We believe employers are motivated to help their employees manage through career transitions, but haven’t had the tools to make this a broad-based reality. As individuals enjoy much faster and lower stress career transitions, companies will strengthen their employment brands.”

The HireRight CareerBeam solution was developed by CareerArc Group, a social recruitment market innovator that has developed such leading solutions as Internships.com and TweetMyJobs. HireRight brings this new solution to market through an exclusive partnership agreement with CareerArc Group. “We are proud to partner with HireRight, the market leader in on-demand pre-employment screening solutions,” said Robin D. Richards, chairman and chief executive officer of CareerArc Group. “We look forward to providing a scalable, content-rich, and socially enabled platform that will extend the benefits and value of outplacement to all workers, not just senior managers and executives. Equally important, our key objective in delivering this solution is helping individuals actually find jobs, not just support a search process as is the case with the traditional outplacement industry.”

Unlike traditional outplacement services which have typically provided counseling, training and office space primarily for executives, costing companies thousands of dollars per displaced executive, HireRight CareerBeam is a cost-effective solution that can be provided to any employee at a fraction of that cost. An intuitive dashboard leads users through a multi-step process to target new jobs, develop a resume, use social networking, and perfect interviewing skills to rapidly locate new careers. A unique feature lets a user identify targeted opportunities, choose to have job alerts pushed to them by email or mobile device, and select the frequency of the alerts. The solution also utilizes a network of professional career coaches and resume writers to provide support where needed with career transition efforts.

According to Petrullo, “HireRight CareerBeam gives job seekers a powerful career-search toolset that is tailored to their interests, objectives and strengths, and supported where needed by career transition experts. Our customers are already expressing enthusiasm for the potential of improved employee support and morale that this new approach to career transitions represents.”

About CareerArc Group

CareerArc Group is a complete career ecosystem for college students, job seekers, employers, higher education institutions and government entities. CareerArc Group’s websites and applications build on the power of the Internet as well as social and mobile networks to connect employers with job and internship seekers. The CareerArc ecosystem, which includes TweetMyJobs, Internships.com and CareerBeam, now serves more than 2 million monthly visitors, 35,000 companies (including more than 50% of the Fortune 100), 300+ universities and powers the jobs platform of cities like Atlanta, GA, Newark, NJ and Columbia, SC. For more information about CareerArc Group, please email [e-mail].

About HireRight

HireRight is a leading provider of on-demand employment background checks, drug and health screening and electronic Form I-9 and E-Verify solutions that help employers automate, manage and control background screening and related programs. Many companies, including more than one-third of the Fortune 500, trust HireRight because the company delivers customer-focused solutions that provide greater efficiency and faster results. HireRight also provides pre-integrated background screening services through e-recruiting solutions from top providers such as Oracle, Taleo, Kenexa, SAP, PeopleAdmin, HealthcareSource, HRsmart, and SilkRoad. HireRight, Inc. is an Altegrity company with worldwide headquarters located in Irvine, California and offices and affiliates around the globe. For more information, visit the company’s web site at www.hireright.com.

HireRight is a registered trademark of HireRight, Inc. CareerBeam is a registered trademark of CareerArc Group LLC and is used under license to HireRight, Inc.