Company: Globoforce, Dublin, Ireland, and Southborough, Massachusetts, USA
Company Description: Founded in 1999 and co-headquartered in Southborough, Mass. and Dublin, Ireland, Globoforce is the world’s leading provider of on-demand, global, strategic employee recognition solutions for Global 2000 companies. Globoforce delivers an innovative, easy-to-use, on-demand software solution that engages employees across the world, transforming the way global enterprises motivate their workforce.
Nomination Category: Company/Organization Categories
Nomination Sub Category: Multinational Company of the Year in Europe

Nomination Title: Globoforce

Tell the story about what this nominated company achieved (up to 500 words). Focus on specific accomplishments, and relate these accomplishments to past performance or industry norms. Be sure to mention obstacles overcome, innovations or discoveries made, and outcomes:

Globoforce Ltd., the world’s leading provider of on-demand, global strategic
employee recognition programs, enjoyed another strong year-over-year record of
growth in 2008, posting continued profitability and increased revenues (up 30
percent over FY 2007) as well as positive free cash flow for the fiscal year
ended December 31, 2008.  The Company signed several multi-million dollar
contracts with leading global corporations and expanded numerous existing
customer relationships with additional service deals in 2008.  Seventy-five
percent of Globoforce customers operating global strategic employee recognition
programs are listed on Forbes’ Global 2000 and 50 percent are FORTUNE 500
corporations.

The rapid adoption of Globoforce’s strategic employee recognition solution by
Global 2000 and FORTUNE 500 corporations continues to fuel Globoforce’s
tremendous track record of growth.  We have found that many of the world’s
largest organizations realize the proven business benefits of having a single
platform to recognize, motivate, retain and ultimately engage a global workforce
and understand it is essential to their performance and profitability.  While
employee recognition is important in any market climate, it is part of a rescue
package companies need now to lift employees of out recessionary ruts, re-engage
them in their jobs and galvanize them around values and goals crucial to
performance. Our customers are experiencing those benefits first-hand by working
with Globoforce to create performance-driven cultures of appreciation that serve
them well today and set them up for continued future success.

Highlights of Globoforce’s business growth and momentum in 2008 include:

*Customer Wins – Globoforce has won and/or expanded contracts with major global
corporations across a broad spectrum of industries in 2008, including the
following: Amgen, Biogen Idec, Discovery Communications, Fairmont Hotels &
Resorts, Global Crossing, Intel, Intuit, KPMG Europe, Nortel, Orbitz, Polaris,
Quintiles, Red Hat, Symantec and Wrigley.
*Awards Issued – More than 700,000 awards were received by employees worldwide
at global corporations via the Globoforce employee recognition platform in 2008.
 This represents a more than 50-percent increase over 2007. 
*Industry Recognition – Globoforce was consistently recognized throughout 2008
as an industry and business leader from several prestigious associations and
organizations, receiving the following awards and accolades:
--Globoforce CEO Eric Mosley named a finalist in Ireland’s Ernst & Young
Entrepreneur of the Year Award competition;
--Named Benefits & Compensation Superstar by Benefits & Compensation Solutions
magazine;
--Listed as a top five global employee recognition program outsourcer on the
‘Top 10 HRO: Employee Recognition’ list by The 2008 Black Book of Outsourcing
Vendors List.  Globoforce is the only recognition program outsourcer to have
appeared consistently in the top five for four years running, holding the number
one position in 2006;
--Received Software Exporter Award 2008 at the annual Export Industry Awards
sponsored by the Irish Exporters Association (IEA).

List hyperlinks to any online news stories, press releases, or other documents that support the claims made in the section above. IMPORTANT: Begin each link with http://, and enclose each link in square brackets; for example, [http://www.youraddress.com]:

http://www.youtube.com/watch?v=k1dP-ehx7CA  

http://www.businessweek.com/managing/content/apr2009/ca20090424_985238.htm  

http://www.globoforce.com/corporate/eng/news-and-events/press-releases/2008/12-04.html?KeepThis=true&TB_iframe=true&height=400&width=600

http://www.globoforce.com/corporate/eng/news-and-events/press-releases/2008/10-29.html?KeepThis=true&TB_iframe=true&height=400&width=600

http://www.globoforce.com/corporate/eng/news-and-events/press-releases/2008/06-10.html?KeepThis=true&TB_iframe=true&height=400&width=600

http://www.globoforce.com/corporate/eng/news-and-events/press-releases/2008/06-05.html?KeepThis=true&TB_iframe=true&height=400&width=600

http://www.globoforce.com/corporate/eng/news-and-events/press-releases/2008/03-25.html?KeepThis=true&TB_iframe=true&height=400&width=600

http://www.globoforce.com/corporate/eng/pdfs/in-the-news/globoforce_incentive_fear-recognition.pdf

http://www.irishtimes.com/newspaper/finance/2008/0630/1214764288463.html

http://www.bizjournals.com/boston/stories/2008/05/19/smallb1.html

http://www.globoforce.com/corporate/eng/pdfs/in-the-news/globoforce_incentive_a-in-engagement.pdf

Provide a brief (up to 100 words) biography about the leader of this nominated company:

As co-founder and CEO of Globoforce, Eric Mosley has been directing the path of
Globoforce as the innovator in the strategic employee recognition industry since
the company’s beginning. His vision to raise employee recognition from a
tactical, unmeasured, and under-valued effort to a global strategic program with
clear measures for performance and success is now being realized in some of the
world’s largest and most complex organizations. Eric continues to cast the
vision of innovation for the company and the industry.