Global Aircraft Maintenance, Repair and Overhaul Company SIA Engineering Company Chooses StepStone Solutions Talent Management

StepStone Solutions, a leading global provider of human capital management solutions, has announced that maintenance, repair and overhaul (MRO) giant SIA Engineering Company (SIAEC) is to implement StepStone Solutions Talent Management. The SIAEC Group provides MRO services to more than 85 international airlines worldwide. StepStone Solutions will help SIAEC retain its world class workforce and plan for future success. Once completed, the solution will cover an initial group of 4,000 non-executive level engineers and technicians in Singapore.

StepStone Solution’s platform will support SIAEC in better planning, managing and evaluating employees’ performance, as well as putting appropriate career development plans in place. This implementation will help SIAEC to move away from manual processes and paperwork to a more dynamic platform with real-time information and user-friendly interface that is scalable to cater to its growing talent pool.

Grace Ong, Assistant Manager HR (Policies and Audits), for SIAEC said: "Moving to an online system enables a faster and more accurate assessment of our employees’ performance. While the previous manual process was tedious and time-consuming, automation has resulted in a user-friendly process that gathers relevant information from different sources for more objective and timely assessments. It also provides greater visibility and control from an administrative perspective and enables the generation of reports for analysis and management reporting purposes.”

"Talent and performance management is essential to companies like SIAEC which rely on the expertise of staff for success in a highly competitive global market,” said Matthew Parker, StepStone Solutions CEO. "Monitoring a workforce’s performance and capabilities through a consistent appraisal process will not only give employees a greater sense of control over their career progression, but will give managers a better view of the talent within their organisation.”

About SIA Engineering Company

SIA Engineering Company (SIAEC) is a major provider of aircraft maintenance, repair, and overhaul (MRO) services in Asia Pacific. The Company has a client base of more than 80 international carriers and aerospace equipment manufacturers. It provides line maintenance services at Singapore Changi Airport for more than 50 international carriers, as well as airframe and component overhaul on some of the most advanced and widely used commercial aircraft in the world. The Company achieved a revenue of S$1,006 million in FY2009/10.

24 ventures with original equipment manufacturers and strategic partners in Singapore, Vietnam, the Philippines, Australia, Ireland, United States, Hong Kong, Taiwan and Indonesia increase the depth and breadth of the Company’s comprehensive service offerings. The revenue of SIAEC’s ventures is approximately S$2.6 billion in FY2009/10, with 81 percent derived from airlines outside the Singapore Airlines Group.

SIAEC has approvals from 23 national aviation regulatory authorities to provide MRO services for aircraft registered in the U.S., Europe and Japan, among others.

About StepStone Solutions

StepStone Solutions (OSE:STP)(LSE:STPS) delivers world class technology for finding, recruiting, retaining, managing and developing people. Our global talent acquisition and talent management solutions are available in many languages, with seamless, internet-based access. With the support of our experienced professionals they can be quickly and reliably implemented anywhere in the world, using SaaS or on-premises delivery, to give rapid return on investment. Over 1,600 organisations in 50 countries rely on StepStone Solutions every day to improve their business performance, build effective talent strategies, and to help their people have more effective, enjoyable and rewarding careers. StepStone Solutions operates in 16 countries and employs around 550 people. Its global customers include Alibaba, Bank of China International, Carlson Wagonlit, France Telecom, Deloitte, Deutsche Telekom, Heineken, Lufthansa, Kruger Products, PUMA, and Virgin Atlantic. StepStone Solutions concluded the acquisition of MrTed and its MrTedTalentLink product in August 2010.

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