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January 26, 2010

News Release: HRN Posts Record Sales Growth in 2009

Filed under: HRN News — Tags: , , , , — Paul Hendrycks, VP Sales and Marketing @ 10:56 am

SALT LAKE CITY, UT (January 26, 2010) — HRN Management Group, a provider of human resource products and consulting services today announced setting the following 2009 company sales revenue records:

  • 2009 Gross sales revenue increased 11.7% over previous 2008 sales record
  • 2009 Product sales revenue increased by a record 35.25% over 2008
  • 2009 Performance Pro sales revenue increased 14.5% over 2008
  • 2009 Compease sales revenue increased an unprecedented 128.9% over 2008

Mr. Jerry P. Nelson, HRN President and CEO stated, “I could not be more pleased with our 2009 performance! We expected 2009 to be a challenging year due to the economic climate, yet we set high goals and worked hard to execute, make adjustments, and achieve our sales, product development, and customer support objectives. I attribute our success to staying focused on what we do best—providing cost-effective, time saving, world class HR products and services that fulfill the employee management and compensation administration needs of a wide range of organizations and markets.”

Making HRN’s 2009 sales performance more noteworthy is that the reported sales total does not include additional product and consulting sales revenue from Wichita, KS based Koker Goodwin & Associates (KGA), a company acquired by HRN in July, 2009.

Mr. Nelson added, “With the complete integration of KGA as part of HRN taking place in 2010 we expect this year to be a breakout year that will include the release of Performance Pro 3 and followed closely by the launch of Succession Pro, an online succession planning solution.”

In addition to new sales, high customer satisfaction significantly contributed to the successful year demonstrated by record Performance Pro annual renewal income.

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October 20, 2009

HRN News: HRN Announces Release of Incentive Pro

Filed under: Compensation — Tags: , , , , , — Paul Hendrycks, VP Sales and Marketing @ 10:52 am

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SALT LAKE CITY, UT (October 20, 2009) — Jerry P. Nelson, President and CEO of HRN Management Group today announced the release of a revolutionary new online incentive compensation planning and administration solution called Incentive Pro.

Incentive Pro is a simple-to-use and affordable online application designed to make incentive pay programs more effective at achieving and rewarding desired results. Incentive Pro is developed and supported by the same HRN compensation experts that created the popular and successful Compease compensation administration software now in use by over 800 clients.

Mr. Nelson described the underlying philosophy upon which Incentive Pro is created, “Incentive Pro is built on solid business fundamentals; most notably that incentive compensation at its root is a strategic tool to increase revenue and profitability. Therefore the system includes tools and functions to not only track individual performance but also to collectively evaluate plan components and their results; that when measured against pre-determined achievement thresholds, determine concrete ROI statistics.”

Clinton R. Koker, President of HRN’s compensation division added to Mr. Nelson’s comments by stating, “Incentive Pro is not simply an administration tool. It is a strategic solution to improve company performance in targeted areas. In addition to the application, HRN compensation consultants meet with each client to most optimally configure plan components by individual position, and if necessary, develop a customized incentive plan program from the ground up.”

Incentive Pro has been in use by several clients over the past year. Philppe Asselin, VP of Human Resources at Tyndall Federal Credit Union located in Panama City, FL has been using Incentive Pro for 18 months. He had this to say, “Incentive Pro helped us go from good to great in many areas! Performance plans drive performance, but incentives helped our staff members to be more aggressive and become better performers.”

To find out more information about Incentive Pro and to schedule a demonstration please contact our office at 800-940-7522 or e-mail HRN at info@hrnonline.com. Information is available online at: www.hrnonline.com/incentivepro

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February 11, 2009

HRN Kicks off 20th Anniversary by Announcing New Consulting Division and Performance Pro III Release Date

Filed under: Performance Pro — Tags: , , , , , , — Paul Hendrycks, VP Sales and Marketing @ 8:09 am

NEWS RELEASE

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SALT LAKE CITY (February 11, 2009) — HRN Management Group today acknowledged its 20th anniversary by announcing the establishment of an HR consulting division and setting a September, 2009 release date for the much anticipated Performance Pro version III.

Additionally, due to judicious fiscal management, product/customer support excellence, and disciplined sales and marketing programs, in 2008 HRN matched its record setting 2007 sales revenue mark despite a challenging worldwide economic business climate.

Mr. Jerry Nelson, HRN Founder, President & CEO stated, “As we embark upon our 21st year, I can think of no other time in our history where we have looked forward to achieving so many significant accomplishments. It will be an exciting year for HRN and our clients.”

(more…)

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