beqom and SEB | November 18, 2022
beqom—a provider of cloud-based total compensation and continuous performance management solutions today announced the successful deployment of its total compensation solution at Skandinaviska Enskilda Banken AB (SEB), one of Europe’s oldest and most prestigious financial institutions.
The bank selected beqom to replace their partly spreadsheet-based processes and manage total compensation for their 16,000 employees across 20 countries. They sought to align global rewards processes, reduce time spent on administrative tasks, and compile compensation data from many different sources that could be accessed as needed by managers and other stakeholders to support informed decisions on a daily basis.
“We have a diverse, growing, and highly regulated business and needed a comp system that could cater to our needs, handling both global and local requirements. Our previous system relied on many exceptions and manual workarounds that were time consuming, introduced risk, and created compliance challenges. We’ve been running our total compensation processes on beqom for over a year now, and it has saved our HR comp team a lot of time, reduced risk, helped standardize and align our processes, and provided a great experience for our users. The feedback from stakeholders—managers, HR partners, CFOs in the businesses—has all been very positive.”
-Mattias Bergman, Process Owner Variable Remuneration C&B at SEB
beqom is a cloud-based provider of continuous compensation and performance management solutions that deliver personalized total rewards aligned with meaningful behaviors, goals, and skills. The solutions transform how companies reward and recognize their people, attract and retain top talent, and address pay equity and transparency. Managing all forms of employee compensation, beqom unifies all performance and reward processes to create a meaningful, people-centric experience across employee touchpoints, providing feedback, coaching, and rewards. beqom’s fully configurable solution integrates seamlessly into core HR suites, providing companies of any size and industry, such as Mercedes Benz, PepsiCo, Golub Capital, and DHL, with the flexibility needed to execute their performance and reward strategies and make the most of their human capital.
Founded in 1856, SEB divisions include Large Corporates & Financial Institutions; Corporate & Private Customers; Baltic; Life; and Investment Management. Profits in 2021 totaled SEK 30.9bn (3.17b USD, 2.97b EUR), with assets under management of SEK 2.6 trillion (275b USD, 256b EUR).
HR ANALYTICS,HR STRATEGY
Humantelligence | November 25, 2022
Humantelligence (HT) won the 2022 HRO Today Association Award for Best In Class HR Technology in the North America region at last week’s HRO Today Association Conference - attended by more than 150 senior HR executives. The award recognized the company’s innovative one-to-one and team collaboration technology for its ease of use, quick implementation, and ability to optimize collaboration on the spot for remote and hybrid teams.
For more than 15 years, the Association has recognized company and individual accomplishments in human resources and leadership in North America, EMEA and APAC. The nomination process offers people, teams, partners and companies the opportunity to share best practices and successes so colleagues, and the industry as a whole, can benefit from their experience. The awards recognize leadership, collaboration, innovation, and hard work, as well as a commitment to people and process improvement. This year’s awards garnered hundreds of submissions, and 71 finalists were named.
Humantelligence delivers personalized communication insights through the tools organizations use every day: Microsoft Teams®, Outlook®, Gmail®, Zoom®, Webex®, Slack® and calendars.
When drafting an email, chatting with a colleague, or joining a meeting, the tool automatically surfaces useful, customized tips for more effective communication and collaboration between team members. With this tool, leaders can create more balanced & diverse teams, reduce friction between team members, and improve productivity. By focusing on collaboration in this way, clients - including BASF, Bank of the West, Honda, AFLAC and others -- have improved team effectiveness and employee engagement while maximizing investment in their current communication technologies.
“It’s important to empower employees with the kind of tools that enable more effective collaboration. We know that when people better understand themselves and others, they can better connect with each other, become more deeply engaged in their work and perform better. At the same time, organizations can increase productivity and improve the employee experience - it’s a win-win for everyone. In our work with hundreds of organizations, we’ve seen our collaboration tool change the way companies think about how people work together, and it’s really gratifying to be recognized by HRO Today for this work,”
- Humantelligence’s CEO, Juan Betancourt
This year, Humantelligence earned top technology honors by RemoteTech Breakthrough and TalentCulture for its team collaboration solution.
About HRO Today Association
The HRO Today Association is the premier networking and content community for advancing the human resources profession. By engaging in professional development opportunities and connecting with peers, members improve the quality, effectiveness, and efficiency of their HR operations and service delivery. The Association is managed by HRO Today/SharedXpertise Media, whose magazines, web portals, research, e-newsletters, events, and social networks reach over 180,000 senior-level HR decision-makers with rich, game-changing content.
Humantelligence delivers personalized insights for better one-to-one & team collaboration, surfaced in the communication tools you use every day: Microsoft Teams®, Outlook®, Gmail®, Zoom®, Webex®, Slack® & calendars. As a result, companies optimize collaboration and engagement while reducing turnover and can build engaged high-performing teams across the organization.
HR STRATEGY,EMPLOYEE BENEFITS
UKG | November 25, 2022
UKG, a leading provider of HR, payroll, and workforce management solutions for all people, today announced winners of the UKG Aspire 2022 Innovation Awards, which celebrate customers using UKG people technology in innovative ways to solve complex problems, create empowering workplaces, and drive exceptional business outcomes.
The Innovation Awards are a longstanding UKG tradition that recognizes the achievements of customers going above and beyond to create meaningful and connected experiences for their people, including past winners BJ’s Wholesale Club, Clif Bar and Company, City of Oklahoma City, FIRST Premier Bank and Premier Bankcard, and Trexon.
“Customers are at the heart of everything we do. They are the driving force behind our ‘Partner for Life’ promise, as well as our commitment to constant innovation, This year’s award winners represent the incredible successes of our customers worldwide, across our solutions. We celebrate their accomplishments and applaud their innovative spirit.”
-Bob Hughes, chief customer and strategy officer at UKG
This year’s UKG Aspire Innovation Awards winners include:
TravelBrands and Coast Mental Health in the Product Suite category, for their innovative use of the UKG suite of human capital management and workforce management solutions. One of the largest travel companies in Canada, TravelBrands is leveraging UKG to scale its continued growth. Since rolling out its full-suite solution, the company has experienced a 10% decrease in employee turnover, a 50% decrease in time spent creating financial reports, and a total first-year savings of $150,000. Meanwhile, Coast Mental Health, a provider of housing, support, and services to people in Canada with mental health challenges, is using UKG to manage its complex union workforce. Managers no longer have to spend hours calculating premiums related to collective agreements, and its finance center doesn’t have to allocate cost centers and percentages.
Bethpage Federal Credit Union and Hamadeh Educational Services, for their successes in HR Transformation. With UKG Pro, managers at Bethpage have a more active role in the recruitment process. The company has automated offer letters and transfer forms, and eliminated spreadsheets previously used for compensation planning. With UKG Ready, Hamadeh has moved from paper to a fully electronic system, dramatically cutting its carbon footprint and saving several hours each week that had been spent on filing, scanning, copying, and shredding.
Co-Operators, for ROI achieved through its use of Pro. The Canadian-owned insurance co-operative is leveraging data and insights from its UKG solution to create dozens of easily accessible dashboards and reports, saving more than $300,000 in productivity improvements and system savings.
Greenville County Schools, TTCU Federal Credit Union, and Community Healthcare System, for their innovative use of UKG Life-work Technology, in the Innovation Evangelist category. With UKG Wallet, all 11,000 employees at Greenville County Schools have early access to their earned wages as well as payroll cards, discounts, and financial wellness tools, providing an additional measure of financial stability. Community Healthcare System is using UKG Dimensions employee self-scheduling, which allows workers to select their preferred shifts — leading to greater autonomy, satisfaction, and overall engagement. And with UKG HR Service Delivery, authorized employees of TTCU Federal Credit Union can access documents from anywhere, dozens of manual tasks have been moved to a digital workflow, and the organization’s service desk is administering more than a dozen types of actions and requests.
The results we’ve experienced with our full-suite UKG solution, in just one year, are simply remarkable, Not only have we gained significant efficiencies, but we’re also providing a more empowering and engaging experience for our employees in support of the important, people-centric mission we share with UKG,said Diana Valler, chief human resources officer at TravelBrands.
Championing great workplaces and helping to create purposeful work through the use of innovative technology are central to who we are, Our purpose is to create meaningful experiences for organizations and their people, and we are proud of, and humbled by, the outstanding results UKG technology delivers every day to our award winners and all our customers across the globe,said Chris Todd, CEO at UKG.
At UKG, our purpose is people. As strong believers in the power of culture and belonging as the secret to success, we champion great workplaces and build lifelong partnerships with our customers to show what’s possible when businesses invest in their people. Born from a historic merger that created one of the world’s leading HCM cloud companies, our Life-work Technology approach to HR, payroll, and workforce management solutions for all people helps more than 70,000 organizations around the globe and across every industry anticipate and adapt to their employees’ needs beyond just work.