Globoforce Named to Deloitte’s 2010 Technology Fast 50



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Globoforce Named to Deloitte’s 2010 Technology Quickly 50

www.globoforce.com

Dublin, Ireland and Southborough, Mass. (Vocus) November 18, 2010

Globoforce® , the world’s foremost supplier of international, strategic employee recognition options, nowadays introduced that it ranked quantity 26 in the 2010 Deloitte Technology Rapidly 50, a ranking of the 50 fastest-developing technology businesses in Ireland. Rankings are based on regular proportion revenue growth more than five years.

“We’re thrilled Deloitte has recognised the outstanding, consistent development of Globoforce. Our achievement is directly attributable to our commitment to buyers; our Strategic Recognition™ answers help Globoforce customers generate an engaged workforce and unified culture that ultimately net larger profitability,” stated Eric Mosley, CEO and co-founder of Globoforce. “As evidenced by our individual results, our offerings resonate with progressive, main organisations striving to inspire and retain their workforce. Far more importantly, this ranking validates the strong and quantifiable organization influence Strategic Recognition brings to organisations around the world.”

The need for helpful, intelligent employee recognition options is far more pressing than ever. World-wide employee engagement is at a very low position. Investigation from the Globe Federation of Folks Management Associations and The Boston Consulting Group observed that a single-3rd of organizations globally are troubled by lower employee engagement in six key places, which incorporated recognition beyond compensation and reward for suitable behaviours. With tighter budgets, staff have been asked to take on far more responsibility in their jobs. These stressful environments are catalysts for employee disengagement, lower productivity, and retention difficulties.

Ahead-contemplating organisations are combating these problems by leveraging Globoforce methods and technologies to encourage staff, retain talent, and ultimately transform their organisational cultures. The business case for Strategic Recognition is distinct: A Towers Watson research showed organisations with large employee engagement attained a 19 percent improve in operating income and almost 28 percent development in earnings per share.

Announcing the winners of the Engineering Quick 50 program, David O’Flanagan, Spouse, Deloitte stated: “In spite of the tough financial marketplace circumstances, the 2010 Deloitte Fast 50 shows that Irish technologies firms are continuing to show impressive expansion. We are specifically impressed to see the enhance in winners who are competing on the entire world stage, especially in the area of software advancement and in the B2C sector (enterprise to customer). These are industries we have witnessed build and mature more than the past decade.”

The Deloitte Know-how Quick 50 plan, now in its eleventh 12 months in Ireland, ranks the fastest-rising technologies companies in the Republic of Ireland and Northern Ireland. This year, there are 15 businesses from Northern Ireland in the ranking. The regular development fee of the Rapidly 50 companies named in this year’s ranking is 623 %. The awards took spot in The Europa Hotel in Belfast on November 12th. Particulars of the last Engineering Rapidly 50 ranking listing are obtainable to download at fast50.ie.

About Globoforce

Founded in 1999, Globoforce is the world’s top supplier of strategic employee recognition solutions for enterprise-degree businesses. Via its simple-to-use, on-need computer software, Globoforce helps HR and firm leaders realize and engage employees, transforming how a company’s culture is strategically managed globally. A private corporation, Globoforce is co-headquartered in Southborough, Massachusetts and Dublin, Ireland. To understand a lot more, please check out http://www.globoforce.com or the Company’s weblog at http://globoforce.blogspot.com/.

About Deloitte

Deloitte refers to a single or more of Deloitte Touche Tohmatsu Minimal, a private firm restricted by ensure, and its network of member firms, each of which is a legally separate and independent entity. Please see deloitte.com/ie/about for a thorough description of the legal framework of Deloitte Touche Tohmatsu Minimal and its member firms. Deloitte’s 1,one hundred individuals in Dublin, Cork and Limerick supply audit, tax, consulting, and corporate finance to public and private customers spanning multiple industries. With a globally linked network of member firms in more than 140 countries, Deloitte brings planet class capabilities and deep regional knowledge to aid clientele succeed wherever they operate.

Media Contacts:

Kevin Mullins

Globoforce Public Relations

+one 617-780-0439

kevin(dot)mullins(at)globoforce(dot)com

Kim Miller

Tier 1 PR

+one 781-303-0222

kmiller(at)tieronepr(dot)com

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