HiBob | September 07, 2023
HiBob, the modern HR platform that powers productivity, engagement and retention, and Papaya Global, a leading HR and payroll solution provider, has partnered to offer robust HR-integrated payroll solutions for multinational companies. By integrating HiBob's HR data with Papaya's platform, organizations can streamline global payroll and payments, optimizing processes and improving operational efficiency. This partnership addresses the critical need for seamless HR and payroll solutions in today's global workforce landscape.
With this collaboration, organizations can seamlessly integrate HR, PTO (Paid Time Off), and compensation data from HiBob with Papaya Global's platform. This real-time data synchronization empowers multinational companies to consolidate and optimize their people and payroll processes. As a result, customers can unlock new opportunities, enhance operational efficiency, and maintain agility in a constantly evolving global business landscape. This partnership aims to address the specific needs of multinational organizations, ensuring they have the tools to navigate the challenges of managing a global workforce effectively.
Furthermore, the partnership ensures compliance with local tax regulations, labor laws, and data privacy requirements, facilitating smoother global expansion efforts for organizations. With Papaya Global's recognition as one of TIME Magazine's 100 Most Influential Companies of 2023 and HiBob's acknowledgment as a TIME Magazine Best Invention of 2022, customers can trust this compliant and user-friendly solution supporting their global expansion efforts.
CEO of HiBob, Ronni Zehavi, commented,
We are thrilled to announce this alliance. It will be a game changer for companies struggling with payroll complexities in managing their global workforce. This integration strengthens our commitment to providing world-class HR and payroll management solutions to multinational companies, granting them the tools they need to thrive in today's dynamic business environment.
[Source – Cision PR Newswire]
Founded in 2015, HiBob is a leading force reshaping contemporary workplaces with its cutting-edge HR platform, 'Bob.' The company's platform simplifies the intricacies of HR processes, introducing a revolutionary and user-friendly tool that impacts every employee throughout the organization. HiBob thrives on a culture of innovation, continuously engaging in learning loops to trigger significant cultural transformations for companies with dynamic and distributed workforces.
Recruitment & Retention
ZipRecruiter | November 08, 2023
ZipRecruiter's labor market data provides an edge with current insights, diverse industry details, and a blend of surveys and actual data.
The newly launched portal will offer vital labor market insights using exclusive data, including the Job Seeker Confidence Index, New Hires Survey, and monthly economist commentary.
The Economic Research team leverages ZipRecruiter's exclusive data, proprietary research, and government data to unveil dynamic labor market trends, regularly updated on the site.
ZipRecruiter, a prominent online employment marketplace, has introduced its latest initiative, ZipRecruiter-Research.org, a dedicated platform for housing its economic research endeavors.
This newly launched website showcases in-depth commentary and analysis provided by its team of distinguished economists and data scientists, focusing on the most recent labor market data. Apart from this, it also offers valuable insights derived from the company's proprietary marketplace data and quarterly surveys.
The team's effort to collect and study a lot of job data will help them share helpful information on the new platform. This information will make it easier for job seekers, employers, and policymakers to make good choices. Besides, the team will also work hard to find new trends and opportunities for people and businesses.
ZipRecruiter's extensive repository of labor market data offers three distinct advantages compared to publicly accessible sources. Firstly, it furnishes current insights, ensuring the most recent information is available. Secondly, it provides comprehensive details, key takeaways, and noteworthy trends from a diverse array of industries and geographic locations. Lastly, this data is derived from surveys and actual behavioral data from employers and job seekers.
The latest research, now featured on the new site, encompasses the Q3 2023 edition of ZipRecruiter's Survey of New Hires. It indicates that, despite many U.S. residents who began their careers or switched jobs in the past six months finding satisfactory positions relatively quickly, there is an emerging trend of growing job-seeking challenges. This is reflected in significant declines across key survey metrics, such as the proportion of new hires experiencing salary increases, receiving signing bonuses or being actively recruited for their new positions, suggesting a notable shift in worker bargaining power.
The report also highlights several key findings, including a decrease in the percentage of new hires receiving salary increases and signing bonuses. Additionally, it reveals a significant interest in part-time seasonal roles during the winter holidays and a potential rise in 'quiet cutting,' wherein employees are quietly reassigned to less attractive roles to encourage their voluntary departure, which has become more prevalent in 2023. Among those reassigned, a substantial number chose to resign, while others faced termination or layoffs.
ZipRecruiter-Research.org features insights from the Economic Research team, utilizing ZipRecruiter's exclusive data, including job posting volumes, salaries, benefits, and more. It regularly uncovers vital labor market trends. Each quarter, it releases the Job Seeker Confidence Index and the Survey of New Hires, providing valuable insights into job seeker optimism and the experiences of new hires. Additional reports on labor market topics are available, and the team offers daily commentary on important economic indicators while remaining accessible for inquiries, interviews, and data requests.
UKG | November 07, 2023
UKG Labs welcomes a second cohort of startups from four countries, all focused on enhancing business cultures.
Startups Bites, Denim, Hop In Technologies, and Mo were selected for their innovative workforce technologies and commitment to workplace wellbeing.
Despite offering a collaborative platform, UKG Labs poses potential risks, including over-reliance on UKG, intellectual property disputes, and a possible compromise of the startups' original visions.
UKG, a leading HR, payroll, and workforce management solutions provider, has introduced its second cohort of early-stage companies to its global startup ecosystem, UKG Labs. The selected startups, from four different countries, are committed to creating high-performing, people-centric cultures in businesses.
The new entrants include Bites from Israel, Denim from the U.S., Hop In Technologies from Canada, and Mo from the U.K. These companies were chosen for their innovative technologies that add value to the frontline workforce and their commitment to helping people thrive at work.
UKG Labs provides more than just capital to these startups. It offers a platform for co-learning, co-creation, and co-experimentation, allowing startups to gain insights into specific market problems where UKG has expertise. The startups also work directly with UKG customers to explore new solutions and shape emerging HR and HCM technologies.
Hugo Sarrazin, Chief Product and Technology Officer at UKG, stated that the goal of UKG Labs is to help businesses become great workplaces by building an ecosystem of technology companies that share its vision. The startup founders have completed a three-month onboarding engagement and will showcase their innovations at the UKG Aspire 2023 conference.
While the UKG Labs initiative offers numerous benefits, it does come with potential drawbacks. The startups involved might become overly reliant on UKG for resources and expertise, which could potentially stifle its independence and creativity. There's also a risk of intellectual property disputes, and the startups' original visions might be compromised to align with UKG's goals. On the brighter side, UKG Labs provides a platform for startups to co-learn, co-create, and co-experiment, fostering innovation and helping businesses become better workplaces. It also allows startups to gain insights into specific market problems where UKG has expertise and work directly with UKG customers to explore new solutions and shape emerging HR and HCM technologies. This collaboration ultimately serves to enhance the workplace experience for all.