Discovery Communications Implements Globoforce
NEW PROGRAM WILL PLAY ROLE IN COMPANY’S EMPLOYEE ENGAGEMENT STRATEGY
Southborough, Mass., and Dublin, Ireland - December 3, 2007 -- Globoforce, a leading provider of strategic, on-demand employee recognition solutions, today announced Discovery Communications has chosen to partner with Globoforce to develop a recognition program as part of its overall employee engagement strategy. Discovery Communications is the number-one nonfiction media company in the world, reaching more than 1.5 billion people in over 170 countries.
The Globoforce system delivers a comprehensive recognition solution with automated processes for nomination, employee redemption and management reporting. The software is customized to fit the needs of a particular company’s employee engagement portfolio and overall business strategy.
“Discovery is pleased to partner with Globoforce to add their software technology to our existing recognition programs,” said Ted Stewart, Senior Vice President, Total Rewards, Discovery Communications. “Their platform will help us strengthen our offerings to successfully recruit and retain the best talent in the industry.”
A recent Globoforce survey of human resource executives and business leaders from Fortune 500 companies revealed that 90 percent say that a strategic recognition program – one that is strongly aligned with their company’s mission and values – can play an important role in a successful engagement strategy at their company.
“Creating an environment that encourages employee engagement is essential in the effective management of global human capital in the 21st century,” said Eric Mosley, CEO of Globoforce. “Our strategic employee recognition solutions are designed to provide positive reinforcement for contributions that directly align with Discovery’s overall mission, values and goals.”
Globoforce offers the most advanced, robust global employee recognition technology solution in the industry and is the only recognition provider that offers locally relevant rewards to all participants across the globe through an innovative, multi-language, multi-currency platform. Built on a dynamic J2EE platform, Globoforce’s flexible and efficient recognition tool can scale from one user to millions of users with ease, offering global companies a powerful and secure solution to implement and manage their company-wide or divisional employee recognition programs. By offering the recognition industry’s largest selection of local languages and local reward options, Globoforce helps customers overcome geographic barriers and address the growing needs of today’s global economy.
ABOUT DISCOVERY COMMUNICATIONS
Discovery Communications is the number-one nonfiction media company reaching more than 1.5 billion cumulative subscribers in over 170 countries. Discovery's 100-plus worldwide networks are led by Discovery Channel, TLC, Animal Planet, The Science Channel, Discovery Health and HD Theater, with digital media properties including HowStuffWorks.com. Discovery Communications is owned by Discovery Holding Co. (NASDAQ: DISCA, DISCB), Advance/Newhouse Communications and John S. Hendricks, Discovery's founder and chairman. For more information please visit www.discoverycommunications.com.