Leading Canadian Financial Institution 'Banks' on Kenexa to Drive Global Retention

Scotiabank Leverages Kenexa's Robust Survey Platform to Rollout Global Employee Survey Aimed at Driving Corporate Programs, Improving Employee Relations


WAYNE, PA--(Marketwire - April 9, 2008) - Kenexa® (NASDAQ: KNXA), a leading provider of recruitment and retention solutions, today announced that Scotiabank, one of North America's leading financial institutions and a 'top five' Canadian bank, has selected Kenexa to administer the bank's annual global engagement survey, known as ViewPoint.

"At Scotiabank, we are committed to providing an inclusive and accessible work environment that engages employees, recognizes and rewards solid performance and fosters work/life balance," said Cory Garlough, vice president, Global Employment Strategies, Scotiabank. "By leveraging Kenexa's robust survey platform, we will be able to better measure how our employees are feeling, through practical and easy-to-use tools, and convert those perceptions into meaningful actions."

Scotiabank will use Kenexa's technology to deliver the bank's opinion survey to the company's 66,000 employees worldwide in several languages via the Web. The anonymous and confidential survey results will enable management to shape programs and decisions that improve employee relationships and help strengthen overall job satisfaction.

Scotiabank selected Kenexa as its technology partner for four key reasons: Kenexa's ability to seamlessly manage the bank's complex global survey program; the company's extensive experience in the financial industry; its global footprint with local expertise; and, most importantly, overall value.

"Scotiabank has a progressive mindset regarding talent management and a strong reputation for workplace excellence," said Troy Kanter, president, Kenexa. "Kenexa's overall value proposition aligns extremely well with Scotiabank's unique approach and vision. We look forward to working with global organizations like Scotiabank to further support their talent management needs and steadfast commitment to their workforce always keeping employees a top priority."

About Scotiabank

Scotiabank and its affiliates serve more than 12.5 million customers in some 50 countries around the world, offering a diverse range of products and services, including personal, commercial, corporate and investment banking. Of the big five Canadian-based banks, Scotiabank is the most global in geographic reach and plans to dramatically expand this capability. For more information on Scotiabank, please visit: www.scotiabank.com

About Kenexa

Kenexa Corporation (NASDAQ: KNXA) is a global leader in building the world's greatest workforces using a combination of software, employee research science and business process optimization. Kenexa's global solutions include applicant tracking, onboarding, recruitment process outsourcing, employment branding, skills and behavioral assessments, structured interviews, performance management, multi-rater feedback surveys, employee engagement surveys and HR Analytics. Kenexa is headquartered in Wayne, Pa. (outside Philadelphia). Additional information about Kenexa and its global products and services can be accessed at www.kenexa.com.

Note to Editors: Kenexa is a registered trademark of Kenexa Corporation. Other product or service names mentioned herein are the trademarks of their respective owners.