Paycor HCM, Inc | July 12, 2022
Paycor HCM, Inc. ("Paycor") (Nasdaq: PYCR) unveiled a new mission-driven tagline that aligns to their focus on supporting HR and business leaders. Paycor recognizes the disproportionate impact leaders have on employee engagement and retention. The company's mission, offerings, and business model are designed to empower leaders to develop winning teams. Paycor is now enhancing its messaging to better encompass the company's mission and what business leaders need now more than ever.
In Paycor's recent survey, HR in 2023: Insights & Predictions, retention was the primary priority amongst company and business leaders, with many struggling to address this concern. The workforce has undergone tumultuous times, with nearly 33% of employees in the U.S. considering quitting their jobs. Additionally, expectations of work and definitions of culture have all dramatically changed since 2020. Now more than ever, leaders are desperate for tools and information on how to attract and retain talent, which continues to be top of mind as we enter bear market territory.
In response to these market needs, Paycor has been focused on their mission of setting up companies for future success and empowering front-line leaders with insights, solutions, and tools purpose-built to improve employee engagement and retention. Paycor is adopting a new tagline to better align with their mission and offerings.
"By introducing our new Empowering Leaders tagline, our mission is clearer than ever before, As we continue to evolve to meet the ever-changing business needs, we are committed to helping empower frontline leaders to be more effective so they can deliver enhanced business results for their organizations."
-Raul Villar Jr., Chief Executive Officer of Paycor.
The new tagline debut follows Paycor's recognition as a Nacha Certified status for a second consecutive year. Additionally, the thriving company was named a winner of the Greater Cincinnati and Northern Kentucky Top Workplaces 2022 Award in February.
Paycor's human capital management (HCM) platform modernizes every aspect of people management, from recruiting, onboarding and payroll to career development and retention, but what really sets us apart is our focus on leaders. For more than 30 years we've been listening to and partnering with leaders, so we know what they need: a unified HR platform, easy integration with third party apps, powerful analytics, talent development software, and configurable technology that supports specific industry needs. That's why more than 29,000 customers trust Paycor to help them solve problems and achieve their goals.
HR PRACTICE,HR STRATEGY
WorkForce Software | August 19, 2022
The first global provider of integrated employee experience and workforce management solutions, WorkForce Software, is proud to be named the Gold Winner for HR Technology Solution Provider of the Year by the 2022 Stevie® Awards for Great Employers in the solution providers category. More than 950 nominations from organizations of all sizes in 26 nations, and in virtually every industry, were submitted this year for consideration in a wide range of HR-related categories.
The Stevie® Awards for Great Employers recognize the world's best employers and the human resources professionals, teams, achievements and HR-related products and suppliers who help to create great places to work. Winners of the awards, named the Stevies from the Greek word meaning "crowned," will be recognized during a gala awards dinner on Saturday, September 17 at Caesars Palace in Las Vegas.
"We are honored to be named HR Technology Solution Provider of the Year by the 2022 Stevie Awards for Great Employers, Our global customers are proving that empowering all employees with the smartest modern workforce communication technology is an investment that pays dividends for everyone. As businesses are facing continued disruptions and labor shortage, greater challenges are also placed on the workforce – including shift-based and deskless workers. These workers are demanding more from their employers including access to modern technology, so that no matter where an employee is doing their job, they feel heard, valued, and engaged."
-Sandra Moran, Chief Marketing Officer at WorkForce Software
WorkForce Software and its WorkForce Suite were also recently recognized by industry analyst groups with distinguished honors. WorkForce Software earned the leadership position in Nucleus Research's 2022 Workforce Management Technology Value Matrix report, ranking higher than all other software providers, and Oracle named WorkForce Software the Cloud HCM ISV Partner of the Year and Winner of the 2021 Oracle Cloud HCM HR Heroes Visionary Award. WorkForce Software was also named Champion in SoftwareReviews' Workforce Management Emotional Footprint report for the enterprise market, surpassing all other vendors, and was honored as the Gold STEVIE® award winner in 2022 American Business Awards® for Innovation of the Year – Business Products Industries. Employees ranked WorkForce Software highest, earning honors alongside IBM and Google in Comparably's Annual Ranking of Top Companies for having the Best Leadership Team. WorkForce Software was recognized as a Gold Winner in the Most Innovative Company of the Year Best in Biz Awards 2021 for the Company's innovative and modern workforce management and employee experience platform, and was a Winner in the 2021 Brandon Hall Group Excellence in Technology Awards and received top honors for product innovation and value realized by its customers with its modern workforce management and integrated employee experience platform in the 'Best Advance in Emerging Workforce Management' category. WorkForce Software was also recognized by Ventana Research as Exemplary Value Index Leader for creating the best customer experience and delivering the best return on investment to its global customers.
About the Stevie Awards
Stevie Awards are conferred in eight programs: the Asia-Pacific Stevie Awards, the German Stevie Awards, the Middle East & North Africa Stevie Awards, The American Business Awards®, The International Business Awards®, the Stevie Awards for Great Employers, the Stevie Awards for Women in Business, and the Stevie Awards for Sales & Customer Service. Stevie Awards competitions receive more than 12,000 entries each year from organizations in more than 70 nations. Honoring organizations of all types and sizes and the people behind them, the Stevies recognize outstanding performances in the workplace worldwide.
About WorkForce Software
WorkForce Software is the first global provider of workforce management solutions with integrated employee experience capabilities. The company's WorkForce Suite adapts to each organization's needs no matter how unique their pay rules, labor regulations, and schedules while delivering a breakthrough employee experience at the time and place work happens. Enterprise-grade and future-ready, WorkForce Software is helping some of the world's most innovative organizations optimize their workforce, protect against compliance risks, and increase employee engagement to unlock new potential for resiliency and optimal performance. When your employees include deskless or hourly workers, unionized, full-time, part-time, or seasonal, WorkForce Software makes managing your global workforce easy, less costly, and more rewarding for everyone.
TELUS and LifeWorks | August 12, 2022
TELUS Corporation and LifeWorks Inc. today announced that the Ontario Superior Court of Justice (Commercial List) has granted its final order (the Court Approval) approving the plan of arrangement (the Arrangement) in respect of the acquisition by TELUS of LifeWorks previously announced on June 16, 2022.
TELUS and LifeWorks also announced that the Competition Bureau of Canada has issued a no action letter in respect of the Arrangement. Accordingly, Competition Act Approval, as defined and as required by the Arrangement Agreement previously entered into between LifeWorks and TELUS, has been obtained. In addition, the applicable waiting period in relation to the Arrangement under the Hart-Scott-Rodino Antitrust Improvements Act of 1976, as amended, has expired (the HSR Approval), with the result that the acquisition is clear to proceed in the United States as well as Canada.
The Court Approval, the Competition Act Approval and the HSR Approval are significant milestones toward closing TELUS’ acquisition of LifeWorks and follows LifeWorks’ shareholder approval, which was obtained at a special meeting of LifeWorks’ shareholders on August 4, 2022. Pending receipt of regulatory approvals in the United Kingdom and Australia, and the satisfaction of customary closing conditions, the Arrangement is expected to proceed to closing which is anticipated to be on or about the fourth quarter of 2022.
“We are pleased to have reached this significant milestone, with clearance to proceed with the TELUS – LifeWorks transaction in Canada and the United States, Importantly, we have seen overwhelming support from LifeWorks’ team members, customers and shareholders, and I am confident that the potent combination of the respective skills and capabilities of LifeWorks and TELUS Health will create a world-leading, end-to-end, digital-first employee primary and preventative healthcare, mental health and wellness platform, covering more than 50 million lives, and growing, on a global basis. We look forward to welcoming LifeWorks employees into our TELUS family so that, together, we can help even more people around the world lead their healthiest and most productive professional and personal lives.”
-Darren Entwistle, President and CEO of TELUS
This is an exciting new chapter for LifeWorks and together with TELUS we will be able to accelerate our shared vision of empowering individuals to take a more proactive role in the management of their health by unifying the continuum of care through digital-first innovations, as well as our unmatched in-person care, Our two organizations are aligned as leading purpose-driven companies that are committed to improving the lives of people around the world,said Stephen Liptrap, President and CEO of LifeWorks.
About TELUS Corporation
TELUS is a dynamic, world-leading communications technology company with $17 billion in annual revenue and 17 million customer connections spanning wireless, data, IP, voice, television, entertainment, video, and security. Our social purpose is to leverage our global-leading technology and compassion to drive social change and enable remarkable human outcomes. Our longstanding commitment to putting our customers first fuels every aspect of our business, making us a distinct leader in customer service excellence and loyalty. The numerous, sustained accolades TELUS has earned over the years from independent, industry-leading network insight firms showcase the strength and speed of TELUS’ global-leading networks, reinforcing our commitment to provide Canadians with access to superior technology that connects us to the people, resources and information that make our lives better.
TELUS Health is Canada’s leader in digital health technology, improving access to health and wellness services and revolutionizing the flow of health information across the continuum of care. TELUS Agriculture & Consumer Goods is a global technology provider of innovative data insights and digital solutions, creating a unified, trusted and sustainable value chain. TELUS International is a leading digital customer experience innovator that designs, builds, and delivers next-generation solutions, including AI and content moderation, for global and disruptive brands across high-growth industry verticals, including tech and games, communications and media and ecommerce and FinTech. TELUS and TELUS International operate in 28 countries around the world.
Driven by our determination and vision to connect all citizens for good, our deeply meaningful and enduring philosophy to give where we live has inspired TELUS, our team members and retirees to contribute more than $900 million, in cash, in-kind contributions, time and programs, and 1.8 million days of service since 2000. This unprecedented generosity and unparalleled volunteerism have made TELUS the most giving company in the world. Together, let’s make the future friendly.
LifeWorks is a world leader in providing digital and in-person solutions that support the total wellbeing of individuals – mental, physical, financial and social. As the trusted leader in mental health and wellbeing, LifeWorks delivers a personalized continuum of care that helps our clients improve the lives of their people and by doing so, improve their business. Guided by our purpose to improve lives and improve business, we help our clients improve the wellbeing of their people, we help them improve workforce engagement and productivity, thereby improving the performance of our clients’ organizations. LifeWorks is a publicly traded company on the Toronto Stock Exchange. LifeWorks has approximately 7,000 employees, 25,000 clients, and serves 36 million individuals and their families in more than 160 countries.