Pegged Software Announces Agreement with Sunrise Senior Living
Senior Living Provider to Use Big Data and Analytics to Improve Hiring
BALTIMORE, March 7, 2016 /PRNewswire/ -- Pegged Software ("Pegged"), the leading provider of people analytics solutions for identifying and hiring qualified workers, announced today that it recently signed a landmark agreement with Sunrise Senior Living, a premier provider of senior living services with over 30,000 employees at 307 communities across the United States, Canada, and the United Kingdom.
Mike Rosenbaum, Pegged Founder and CEO, said, "We are thrilled to be working with Sunrise Senior Living – an industry pioneer that is committed to providing world-class care to its residents. We are eager to to bring the combined power of big data and predictive analytics to help Sunrise elevate their workforce by introducing a more data-driven and fact-based approach to hiring, talent identification, and overall performance."
Pegged Software applies quantitative techniques to candidate selection, employee hiring, and team assembly, and its platform is being used across a broad range of healthcare and related roles. The Pegged product is proven to reduce the costs associated with turnover while dramatically improving patient and resident outcomes.
Michael Rodis, Senior Vice President of Human Resources at Sunrise Senior Living said, "We are delighted to be working with Pegged to use data and analytics to identify the candidates that are most likely to fit our organization. With more than 30,000 team members we have an incredible opportunity to find individuals who share in our commitment to achieve our mission and encourage independence, preserve dignity, enable freedom of choice, and protect the privacy of each resident."
Mr. Rosenbaum continued, "Our proprietary people analytics platform has proven its ability to transform the way the healthcare industry finds and utilizes its most crucial asset, its employees. We use predictive analytics to identify which applicants will be successful in each institution, department, and role. We help organizations move away from subjective hiring biases to a more objective approach informed by data and advanced analytics. It's an incredibly exciting time to be in this space – helping organizations rethink the way they build and develop their world class workforce – especially working an organization as impressive as Sunrise Senior Living."
Since beginning to scale in 2012, Pegged has rapidly expanded across the country into over 300 facilities, ranging from acute care hospitals to long-term care facilities and academic medical centers; and, annually processes over 3 million job applications, with clients including Adventist HealthCare, Compass Pointe, LifeBridge Health, Loma Linda University Medical Center, MultiCare Health, Regional One Health, and other world-renowned healthcare providers. Looking across all positions, departments, and facilities, its median impact is a reduction of turnover of 38%, and it has a 100% success rate at driving meaningful improvement in turnover.
About Pegged Software
Pegged Software uses predictive analytics to match the right person with the right spot in the right organization. The Company provides a platform that applies predictive analytics to hiring and team assembly for a wide range of roles with a particular focus on healthcare. Pegged uses algorithms to predict which applicants will be successful in each institution, department, and position, and in doing so the Company has successfully reduced employee turnover by an average of 38% across every job category and department in over 300 client facilities. Pegged is currently growing dramatically within the healthcare industry and expanding its offerings to other people-intensive industries. Visit www.peggedsoftware.com.
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SOURCE Pegged Software