EMPLOYEE BENEFITS,WORKERS COMPENSATION

Innovation Minds announces a holistic Rewards-as-a-Service model for managing Rewards, Recognition and Redemption Programs

Innovation Minds | November 23, 2022 | Read time : 04:00 min

Innovation Minds announces a holistic Rewards-as-a-Service model
Innovation Minds, a Silicon Valley-based company, announced today the launch of their new Rewards-as-a-Service solution. With this solution, Innovation Minds is enabling companies to offer their employees tailored reward options in order to increase talent retention and satisfaction.

Motivating and rewarding employees is one of the top challenges facing organizations today. In fact, according to a recent survey, more than 60% of respondents say their company struggles to motivate and retain top talents. The Innovation Minds team is uniquely positioned to help companies with this challenge by providing personalized rewards service that creates experiences where employees are engaged and motivated throughout the day.

With this solution, companies can customize rewards based on data insights, such as reward preferences and demographics. It offers a self-service platform to let companies update or make changes to their rewards program for their employees. It also allows employees to get real-time notifications when they earn a reward and they can redeem it on their device with just a click, creating a seamless and enjoyable experience for employees.

"We believe this is an important step forward in helping employers create a more elevating work environment, Innovation Minds is focused on helping businesses create positive and engaging employee experiences. By making the rewards experience easier and more enjoyable, we are helping our customers deliver more value faster."

- Innovation Minds CEO Bala Balasubramaniam

The Innovation Minds team integrated their patented concept ‘Earn-Your-Pride-To-Reward-Your-Peers’, an innovative framework that allows employees to exchange appreciation for each other’s contribution, encouraging employees to make deep, personal connections with their team members and see how their position affects the work of others. Mike Lella, Head of Business Development added, The idea of receiving reward from an accomplished peer is much more meaningful than simply receiving recognition from management alone. Simultaneously, this notion is also encouraging a self-sustainable culture of engagement because the awardees get to enjoy the privilege of earning AND giving.

The solution features a wide range of reward options that supports 594 global brands, 45 countries and 28 currencies, customizable for each company's specific needs while being aligned with their company values. It also provides HR teams and managers with tools to measure the success of their campaign and track results.

We understand that rewards are often not enough to keep your employees motivated at work. It's about more than just giving out candy it's about creating an environment that makes work rewarding in itself. This latest upgrade will allow us to support even more companies in their efforts to drive employee engagement and retention, said Maria Bolo, Head of Customer Success at Innovation Minds.

Spotlight

See how KeyBank’s agile approach to forecasting benefits customers, delivering positive results across Financial Planning, Financial Management and Human Capital Management.

Spotlight

See how KeyBank’s agile approach to forecasting benefits customers, delivering positive results across Financial Planning, Financial Management and Human Capital Management.

Related News

HR STRATEGY,EMPLOYEE BENEFITS

Global HR Research Earns Top Spot in National Customer Survey

Global HR Research | November 28, 2022

Global HR Research (GHRR) has earned the coveted number-one spot in the Baker's Dozen Satisfaction Survey for "Overall Enterprise Pre-Employment Screening Leaders" and "Enterprise Quality of Service." The annual survey is noted as the largest and most prestigious ranking of pre-employment services, including background checks, drug testing, and occupational health services. The annual survey is conducted by HRO Today (HRO), a major media company reaching over 180,000 human resource decision-makers. HRO validates client survey responses and uses algorithms to score service quality, breadth of service offering, and the depth of expertise needed for enterprise-level clients. GHRR earned the highest scores for Service Quality and Overall Satisfaction – competing against an impressive list of competitors. "This recognition is especially meaningful because it is the only national ranking that relies exclusively on direct feedback from actual clients, Whether you have 100 employees or 100,000, we understand the complexities caused by changes in the workforce and the dynamic environment of regulatory, safety, and compliance issues. But, more importantly, we understand the value of providing good service in building long-term relationships with our clients." -Revell Fraser, chief client officer for GHRR With more than 6,000 clients, GHRR has been executing a controlled growth plan focused on responsive service, product development, and leveraging proprietary technology to improve the pre-employment screening process used by HR staff and their job applicants. As a result, GHRR has been recognized in the Baker's Dozen Survey for the thirteenth consecutive year, the only enterprise provider to do so. About Global HR Research: Better by every measure. Global HR Research has earned the trust of Fortune's Top 50, Forbes' Largest Private Companies, and Inc's Top 5000 companies across the U.S. by leveraging our employment screening technology and helping clients build and manage effective screening programs. That trust has been consistently recognized and awarded by the industry's most influential associations and news publications, including HRO Today Magazine's "Bakers Dozen" List of top national background screening providers and by Workforce Magazine's "Hot List" of top background screening providers for the past nine years. Furthermore, GHRR is accredited by the Professional Background Screening Association (PBSA) as recognized by the Background Screening Credentialing Council (BSCC), and SHRM as an accredited educational resource. Our advanced proprietary technology provides our customers with employment screening, compliance, risk management solutions, and comprehensive tools to help make better and quicker hiring decisions. These distinctions have consistently made GHRR a better alternative for their customers, providing better data intelligence, better technology, and better teams.

Read More

EMPLOYEE EXPERIENCE,EMPLOYEE ENGAGEMENT

Cloudflare’s New Tools Help CIOs Increase Employee Productivity and Collaboration

Cloudflare | January 11, 2023

In a recent announcement, Cloudflare, Inc, leading reliability, security, and performance solutions provider, unveiled Cloudflare Digital Experience Monitoring, an all-in-one dashboard that enables CIOs to monitor the performance of crucial applications and Internet services across the entire network of their organization. Cloudflare’s platform ensures employees maintain productivity irrespective of the location, and will provide the IT management with detailed historical, real-time and predictive insights for network issues, performance slowdowns and application outages. Matthew Prince, CEO and co-founder at Cloudflare, said, "IT teams have been working in the dark for too long, today we’re switching on the lights for the modern corporate network.” He further added, “Our global network powers a huge part of the Internet, giving Cloudflare a unique view of what is happening online and allows us to identify trends before our customers do, and now we are sharing these insights with customers. Think of Cloudflare Digital Experience Monitoring as the air traffic control of the modern corporate network, keeping data moving, applications running smoothly, and employees safe.” (Source: Businesswire) Organizations can benefit from Cloudflare Digital Experience Monitoring with: The flow of data to public or provide resources can be analyzed and measured by emulating traffic flows, helping companies visualize end-user experiences and allowing them to pinpoint issues as they arise Real-time data insights highlighting connectivity or performance irregularities with Cloudflare Zero Trust Streamline investigations with thorough, step-by-step insight into employees' digital footprints, less time trying to pinpoint problems and more for assisting in their resolution View changes in Internet activity and foresee how these changes may affect their business by connecting to the Cloudflare global network By providing IT teams with the intelligence and insights gathered by Cloudflare's worldwide network, the company is enabling them to collect information, identify problems, and make them public before businesses even become aware of them. About Cloudflare,Inc. Cloudfare helps organizations increase the speed and security of any Internet application without installing any hardware or software, or altering a single line of code. All traffic to websites that use Cloudflare is forwarded through the network's sophisticated global architecture, which gets smarter with each new site added. Businesses observe a notable performance increase and a decline in spam and other attacks.

Read More

HR ANALYTICS,HR STRATEGY

DISA Global Solutions Completes Acquisition of Global HR Research

DISA Global Solutions and Global HR Research | December 02, 2022

DISA Global Solutions has completed a transformative deal to acquire Global HR Research (GHRR), another industry-leading provider of employee screening services. This is DISA's 30th acquisition in the last five years, complementing our strong organic growth over the same period and accelerating our growth strategy. In addition to expanding our scope of services and balancing our product mix, this transaction also diversifies our end markets, particularly in healthcare. Additionally, GHRR has an extensive network of integrated Applicant Tracking Systems (ATS) and highly automated user-friendly applications that our combined customers will benefit from significantly. Global HR Research (GHRR), founded in 2005, is a leading provider of pre-hire intelligence and employee onboarding solutions, primarily focusing on background screening. Their proprietary platform helps customers make better hiring decisions by providing a comprehensive set of tools for employment screening, compliance, and risk management. Each year, the GHRR team services more than 6,500 accounts and performs 10 million searches. GHRR has earned the trust of numerous companies in the Fortune Top 50, Forbes' Largest Private Companies, and Inc's Top 5000 companies across the U.S. That trust, and their focus on exceptional customer support, is why GHRR was just recognized as the #1 overall ranked provider of "Enterprise Pre-Employment Screening" services according to HRO Today's Bakers Dozen. Additionally, GHRR received the #1 rank in the customer service category for employee screening providers. "Global HR Research is a long-standing brand that has built its reputation on trust and prioritizing the customer experience. I have followed them over the years and have always been impressed with their organic growth and successful strategic acquisitions. Like DISA, customer care distinguishes GHRR from the competition and is exemplified by an impressive retention rate and NPS score. I believe that the combination of our two entities will strengthen our industry-leading position, enhance the depth of our expertise, and ensure we continue to provide the most comprehensive employee screening services. Together, we will identify best practices, implement innovative solutions, and assist our customers as they mitigate risk and safeguard their businesses." -DISA CEO John Peterson Kevin Smith, GHRR Executive Chairman & CEO, added, I have known DISA for a long time as a respected industry leader. We share similar philosophies and values regarding employee success, operational excellence, and customer service. It is important to me that our customers continue to experience these values. The combination of these two companies will positively impact employees and customers, and I'm excited about DISA's vision for the future. To ensure continuity, DISA plans to maintain the existing Global HR Research offices, as well as the teams that have retained such high customer loyalty. DISA is committed to providing all customers with comprehensive employee screening programs and exceptional customer support. About DISA Global Solutions Founded in 1986, DISA is the industry-leading provider of employee screening and compliance services. Headquartered in Houston, with 36 offices throughout the U.S. and Canada, DISA's comprehensive scope of services includes drug and alcohol testing, background screening, occupational health, and transportation compliance. DISA assists employers in making informed staffing decisions while building a culture of safety in their workplace.

Read More