HR STRATEGY

BambooHR Announces a New Employee Wellbeing Feature

BambooHR | March 29, 2022

On March 28th, prominent cloud-based HR software provider, BambooHR announced the launch of Employee Wellbeing, a new feature on its platform. The feature will enable employers to deploy employee surveys, collect feedback, and measure the well-being and career fulfilment of employees.

"Improving the employee experience should be a top focus for every company right now. The Employee Wellbeing feature enables HR leaders to get to the heart of what is happening in their organizations quickly and easily. By simplifying reporting and analytics, this new feature provides a simple snapshot of the company culture as well as areas of the employee experience that need improvement."

- Ryan Sanders, Chief Product Officer at BambooHR

Employee satisfaction surveys aim to assess whether employees are satisfied with their workplace, the organizational culture, and their job role. BambooHR’s new feature will gauge how employees are feeling across four areas: relationships, happiness, personal motivators, and company motivators. The surveys can be sent out by HR leaders on a monthly, bi-monthly, or even quarterly basis.

BambooHR has consistently worked to empower organizations improve employee wellness. This new feature will help them further HR goals and help organizations focus on building a positive workplace experience for their employees. The feature is available through BambooHR’s Advantage package..

Spotlight

While there might be many still out there who consider branding as solely a marketing activity, the reality is that the growing importance of internal in relation to external has reached critical momentum. We’re now at the point at which one can fairly argue that to ignore bringing the brand alive with your internal audience is not only to ignore a critical opportunity to gain competitive advantage but to do so at your peril.

Spotlight

While there might be many still out there who consider branding as solely a marketing activity, the reality is that the growing importance of internal in relation to external has reached critical momentum. We’re now at the point at which one can fairly argue that to ignore bringing the brand alive with your internal audience is not only to ignore a critical opportunity to gain competitive advantage but to do so at your peril.

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PAYROLL

HR for Health Announced a Brand-New Software Interface

HR for Health | February 25, 2021

It’s easier to manage HR and keep your practice compliant. HRforHealth is a leading Human Resource Information System (HRIS) software, developed specifically for the healthcare industry. HRforHealth has announced the launch of its new interface. It is a thoughtfully-designed software with newly added features, the updated interface is highly functional, helps the user save time, boost productivity and achieve greater peace of mind. Ali Oromchian, Co-Founder, JD, LL.M. said, "Redesigning our platform was a necessary change in order to continue to provide our customers with cutting-edge, compliant, and easy to use HR solutions. This upgrade makes it easier than ever for practice owners to manage their team while complying with federal and state laws." Reimagined from the ground up, the new interface by HR for Health is all about simplifying critical HR tasks. The new HR for Health 2.0 interface gives you more than a cleaner dashboard such as an integrated payroll system, tardiness tracking, team management, and more. The new interface is much easier to use, moreover, it helps physicians, chiropractors, dentists, veterinarians, optometrists, and other healthcare professionals protect what matters most – their practice, patients, and overall reputation. The new software: Seamlessly monitoring and adding employee details all on one page Searchable and customizable documentation Can add to-do lists E-signatures, etc.

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HR ANALYTICS

PlanSource Slash Unnecessary Benefit Costs with AI-Powered DependentIQ for Employers

PlanSource | May 27, 2021

PlanSource, a leading provider of cloud-based benefits administration technology, has introduced a new solution to prevent ineligible dependents from enrolling in benefit plans. DependentIQ, an artificial intelligence-powered verification process in the PlanSource platform, removes a labor-intensive HR administrative job. HR and benefits administrators may use DependentIQ to avoid embarrassing conversations with employees about ineligible dependents while also ensuring compliance with Summary Plan Descriptions, HR policies, and rules. PlanSource, a leading provider of cloud-based benefits administration technology, has introduced a new solution to prevent ineligible dependents from enrolling in benefit plans. DependentIQ, an artificial intelligence-powered verification process in the PlanSource platform, removes a labor-intensive HR administrative job. HR and benefits administrators may use DependentIQ to avoid awkward conversations with employees about ineligible dependents while also ensuring compliance with Summary Plan Descriptions, HR policies, and rules. DependentIQ recognizes required documents such as birth and marriage certificates and instantly detects and validates key data elements to allow real-time enrollment verification. Dependents will be approved or refused, preventing ineligible individuals from ever being on the system or participating in benefit plans, lowering medical premiums for fully insured plans, and claims expenses for self-insured plans. DependentIQ makes it simple and quick for HR teams to accomplish these cost savings by automating the whole process and offering an analytics dashboard for simple and actionable tracking. DependentIQ ensures ERISA compliance in addition to SPDs and HR policies. Because ERISA mandates that plans be managed for the benefit of both employers and employees, plan fiduciaries are required to do so. Even if done unintentionally, giving coverage to ineligible individuals risks employers to civil responsibility. DependentIQ reduces stop-loss exposure as well as litigation risk associated with ERISA, Sarbanes-Oxley, and other regulations. About PlanSource PlanSource is a technology company that automates and simplifies every aspect of employee benefit programs so that employees and HR teams may make better-informed benefits decisions. More than 7.5 million consumers get their benefits through the PlanSource platform, which delivers the greatest benefits communications, shopping, enrollment, billing, compliance, and ongoing administration experience available. PlanSource, with its end-to-end benefits platform and range of technology-enabled services, assists individuals in enhancing the potential of their benefits so they can live happier, healthier lives.

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RECRUITMENT & RETENTION

Paradox Acquires Traitify to Further Streamline Hourly Hiring with Fast, Simple, Next-Generation Assessments

Paradox | August 24, 2021

Paradox, the conversational recruiting software helping global brands like Unilever and McDonald's simplify hiring through automation with a human touch, announced today the acquisition of Traitify — the world's fastest, mobile-first assessment platform. Terms of the deal were not disclosed. The acquisition marks the latest milestone for Paradox, which was founded in 2016 and has experienced rapid growth since recently being ranked in the top 5% of the prestigious Inc. 5000 list of America's fastest-growing private companies. "Our goal has always been to build a software company that solves real problems for our clients," said Paradox founder and CEO, Aaron Matos. "I'm so proud of the work we've done to get to this point and thrilled to add Traitify to the team. They share our passion for recruiting and our philosophy that software should make things simpler, faster, and easier not add more work." Unlike traditional assessment technology, Traitify was built to be fast, visual, and mobile-first — increasing assessment completion rates to more than 96%. On average, candidates can finish Traitify's visual-based assessment in less than two minutes, generating insight on their own personality and helping employers better predict the candidate's suitability for the role. Traitify is already integrated with Paradox, serving joint clients like ResultsCX and McDonald's to work alongside core HCM platforms like Workday, iCims, and more. The company's growth took off in 2017 when Traitify launched the industry's first mobile-first assessment based on the Big Five framework — a model of personality backed by over 50 years of scientific research by I/O psychologists. "We're incredibly excited to join the Paradox team who share our passion for putting people front and center in the recruiting process. We've already seen tremendous success together, and this acquisition positions us to build the best experiences for candidates and talent acquisition teams across the globe," said Dan Sines, CEO & Co-Founder of Traitify. Paradox Chief Product Officer Adam Godson said the acquisition will serve an essential and powerful purpose: Removing hurdles for hourly candidates trying to find a job fast, and further simplifying hiring for managers and high-volume recruiting teams, who often operate under serious time constraints. "I've always subscribed to the idea that there's never a good time to make a bad hire," said Godson. "Traitify is playing a key role in helping its clients hire the best candidates for the job, faster and that's never been more important than right now in the high-volume hourly segment. I can't wait to see what our teams will do together." About Paradox Launched in 2016, Paradox is building the world's leading conversational recruiting software to drive automation with a human touch. Serving global clients with hiring needs across high-volume hourly and high-skilled professional roles, Paradox's conversational assistant Olivia does the work talent teams don't have time for streamlining tasks like screening, interview scheduling, and more through fast, easy, mobile-first interactions. In 2021, Paradox also acquired Traitify to include simple, visual personality assessments as part of its product offering. In just five years, the Scottsdale-based startup has earned the trust of the world's largest employers including Unilever, McDonald's, CVS Health, PepsiCo, Lowe's, and General Motors and won numerous awards, including Human Resource Executive's Best HR Product of 2019 and consecutive honors in 2020 and 2021 as one of Forbes Top Startup Employers. The company was also recently named the 225th fastest growing company in the country in the Inc 5000. About Traitify Founded in 2011, Baltimore-based Traitify is a human insight platform that uses patented mobile-first, visual-based assessment formats to unlock the potential of high-volume workforces. Their product solutions deliver the fastest insights in the industry, allowing HR to optimize the talent experience from attraction through employment. Traitify's current customers include more than 1,000 organizations in a range of industries, among them McDonald's Canada, Coles Supermarkets in Australia, JO-ANN Stores, Lowes Foods, and SSP America. The Traitify team is made up of technology-industry veterans with experience in software, design and multimedia as well as an in-house psychology team, and is backed by experienced software investors, including JMI Holdings.

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