Vangent to Contribute Thought Leadership on Helping Companies To Reduce Employee Theft Losses

Chicago, IL, June 9, 2011 — Vangent, Inc., the leading provider of preemployment risk assessments, announced it has become an official partner of the Loss Prevention Foundation, the leading organization for the certification and credentialing of Loss Prevention (LP) professionals. The not-for-profit organization was founded in 2006 by industry leaders to serve the loss prevention and asset protection industry, with a mission of advancing the profession by providing relevant, convenient and challenging educational resources. As part of the relationship, Vangent will contribute white papers, thought leadership and other best practices perspectives for complete Loss Prevention and Human Capital Risk Management solutions, from employee selection and development to field investigations and risk mitigation.

Vangent has long supported the Loss Prevention industry, by providing assessment tools that to help identify lower risk employees and to support field investigations led by Loss Prevention professionals. Vangent tools, including The Reid Report®, have helped countless organizations to reduce losses due to employee theft and other forms of counterproductive behaviors including turnover, absenteeism, illicit drug use and disciplinary violations. Other Vangent tools such as the Employee Attitude Inventory are designed to help asset protection professionals more effectively conduct field investigations at high-shrink locations, whether retail stores, offices, warehouses or supply storage areas, among others. In addition to contributing thought leadership content, Vangent will be able to award multiple Loss Prevention Foundation coursework scholarships, helping LP recipients to achieve either the LPQualified or LPCertified credentials offered by the Loss Prevention Foundation.

Gene Smith, the President of the Loss Prevention Foundation, highlighted the importance of the partnership. “With the Loss Prevention Foundation, we are supporting the biggest educational push in the history of the industry, helping to continue to establish loss prevention as a true profession. The support of partners like Vangent Human Capital, who have long contributed to the field, helps us to focus on providing resources that advance the education and credentialing goals of the Foundation”. Andre Allen, Vice President of Vangent’s Risk & Talent Management unit, echoed the remarks. “We are extremely proud to call ourselves partners with the Loss Prevention Foundation,” said Allen. “From our assessment tools designed to mitigate loss of assets for our clients, to our developmental solutions that underscore our commitment to delivery of educational curriculum, the partnership with the Loss Prevention Foundation joins two like-minded organizations.”

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