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Publish Date : 29-Nov-2013

Towers Watson has been selected by GfK, one of the world's largest market research companies, to implement its Talent|REWARD HR technology. The software modules will provide a full range of HR technology services designed to help GfK manage its performance management process, pay and career planning more effectively. The deal will see implementation start immediately with the roll-out of Performance Management, and Career Development modules to be implemented for pilot countries with approximately 5,000 employees by February 2014 and Compensation Planning going live in March 2014. Services for the remaining countries will be implemented later in the year.

The Talent|REWARD software suite was chosen by GfK because of Towers Watson's ability to provide a total, integrated solution incorporating market-leading technology, consultancy and change management expertise. In addition, Towers Watson was able to demonstrate in-depth understanding of the company's business needs and provide services on a global scale.

Joerg Duerrbeck, Head of Compensation and Benefits at GfK said: "We have selected Towers Watson's convincing set of Talent|REWARD modules to help us support our global core HR processes related to performance management, compensation and talent management with a state of the art online tool."

Paula Robertson, HR Technology Lead for EMEA at Towers Watson said: "We are thrilled to have been selected by GfK to provide Performance, Compensation and Career Management solutions for the vast majority of its employees around the world. It is an exciting new project and we believe our Talent|REWARD software can add real value to the business and employee experience."

GfK is one of the world's largest market research companies, with around 13,000 experts working to discover new insights into the way people live, think and shop, in over 100 markets, every day.

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