Dean Group

Federal Bank | February 17, 2020

Private-sector lender Federal Bank is now using artificial intelligence as a tool to hire officers during campus recruitments. Using an AI-application called FedRecruit, the bank wants to shed the image of a traditional bank and be more millennial-friendly. In an interaction with Moneycontrol, Ajith Kumar K K, EVP and Chief Human Resources Officer of Federal Bank said that the bank is trying to creating a ‘wow’ factor for potential candidates. “Youngsters are technologically ad...

DIVERSITY AND INCLUSION

The Hispanic Alliance for Career Enhancement | December 16, 2020

The Hispanic Alliance for Career Enhancement (HACE) has launched a five-month program "for experts of shading" to form into high-performing leaders, the nonprofit declared Dec. 2. The primary cohort is made out of "39% African American, 33% Latinx, and 28% Asian" experts with varying education, experience and geography. The curriculum will include: how to drive awareness for cultural issues at work; how to lead diverse teams; and how to build a support network....

SHRM | August 28, 2020

As the new year approaches, benefits managers may find they're being pitched to jump into a "pool"—by jettisoning their current 401(k) plan in favor of a plan shared with other employers. The Setting Every Community Up for Retirement Enhancement (SECURE) Act, which became law in December 2019, created a new type of multiple-employer 401(k) plan called a pooled employer plan (PEP). Under the act, "pooled plan providers" may start operating PEPs beginning on Jan. 1, 2...

HR ANALYTICS, HR STRATEGY

Lever | June 30, 2022

Leading talent acquisition suite Lever introduced their Talent Maturity Model to assist businesses in understanding their existing hiring practices and pinpointing areas for development. Companies are under pressure to keep up with a changing environment and people's needs in today's competitive market to hire top personnel. According to BLS data from June 2022, there were 11.4 million unfilled positions, demonstrating that businesses are still having difficulty hiring the...