Oracle | September 22, 2023
Oracle introduces new employee recognition and rewards capabilities within Oracle ME, enhancing the employee experience in Oracle Fusion Cloud Human Capital Management.
Oracle Celebrate, a unique recognition and rewards offering, aims to improve performance, engagement, and retention by personalizing the employee experience.
Features of Oracle Celebrate include peer-to-peer recognition, AI assistance, nomination and event-based awards, redeemable points, recognition insights, real-time data, and a recognition-based social feed.
Oracle has unveiled its latest enhancement to the Oracle ME employee experience platform, embedded within Oracle Fusion Cloud Human Capital Management (HCM). This development, Oracle Celebrate, stands out as a groundbreaking recognition and rewards solution designed to elevate performance, engagement, and staff retention by delivering a more customized and meaningful experience for employees.
Yvette Cameron, Senior Vice President of Product Strategy at Oracle Cloud HCM, emphasized the significance of acknowledging employees and said,
Employees are the foundation of any successful organization, and leaders need to ensure that their people feel celebrated and valued or risk losing both talent and productivity.
[Source - Cision PR Newswire]
Cameron stated that with Oracle Celebrate, organizations could now utilize a comprehensive and unified employee experience platform. She explained that this platform aligned recognition with company values to nurture a culture of appreciation and acknowledgment. Furthermore, she emphasized that it encouraged more impactful peer-to-peer interactions. Cameron highlighted that these newly introduced capabilities simplified employee recognition, made it meaningful and inclusive, and empowered HR and business leaders to give precedence to employee appreciation. She added that it also served to enhance engagement and motivation within the workforce.
Key features of Oracle Celebrate include:
Peer-to-peer recognition: This feature enables employees and leaders to acknowledge their colleagues across the organization in real time, with personalized recognition linked to business values. It seamlessly incorporates peer recognition into an employee's daily routine and work processes.
Generative AI assistant: Employees can enhance peer-to-peer recognition by receiving suggested improvements for their submissions, facilitating the creation of more impactful recognition notes for peers.
Recognition insights dashboard: Managers can access detailed insights about the recognition patterns within their teams, highlight individuals who may require additional support, and identify top contributors.
Nomination and event-based awards: This feature permits employees to recognize their peers for significant events such as promotions and work anniversaries, as well as nominations made by managers and peers, such as the ‘Employee of the Month’. These recognitions are initiated by updates to employee profiles in Oracle Cloud HCM.
Real-time recognition and engagement data: Organizations can continually update and monitor recognition programs with precise data, enabling administrators to measure their effectiveness and correlate recognition efforts with business outcomes.
Redeemable points: Employees can accumulate points when recognized by team members, which can later be exchanged for rewards integrated into the system by the organization.
Recognition-based social feed: Employers can create a real-time stream of organization-wide and team-wide awards and accolades, promoting camaraderie and increasing visibility for daily accomplishments.
Zachary Chertok, the research manager for employee experience at IDC, mentioned that the applications and value of recognition are expanding and evolving as organizations rethink how they connect into and uplevel employee success. He also noted that building an ecosystem for recognition assists in sourcing the roots of achievement, moving the needle on best practices as success occurs, stimulating cultural acceptance around process innovation, and fostering belonging through community acknowledgement and appreciation.
Ushaan Abeywickrema, the director of human resources at MAS Capital, noted that many organizations find it challenging to establish a straightforward system for ensuring that employees receive the praise and recognition they deserve. He pointed out that this represents a significant gap in the HR software market, especially considering the well-known importance of fostering a strong sense of value and accomplishment to enhance employee engagement and workforce efficiency.
Abeywickrema also conveyed excitement about Oracle Celebrate and its potential to introduce innovative capabilities that could revolutionize how they personalize the employee journey. He expressed hope that Oracle Celebrate would make it easier to acknowledge the dedication and hard work of their team members, all while reinforcing their commitment to their organizational culture and productivity. He believed that by recognizing their contributions, their employees would feel more seen, supported, and empowered to perform at their best and deliver their finest work.
Oracle Cloud HCM, a cloud-native solution, offers a comprehensive platform connecting all HR processes from hiring to retirement. It provides HR teams with a unified source of truth and leverages built-in AI to analyze workforce data, offering recommendations to enhance business operations.
PR Newswire | October 20, 2023
Construction firms have unique payroll and HR challenges, such as, job costing, managing government compliance and reporting, attracting and retaining workers, unions and managing multiple projects across different sites. To solve these problems, ADP®, a global technology company providing human capital management (HCM) solutions, is launching ADP Workforce Now for Construction, the first comprehensive HCM solution tailored for the construction industry. Built within ADP Workforce Now®, a leading all-in-one HCM solution, this specialized software provides construction firms everything needed to run payroll accurately, manage HR efficiently, and recruit and develop workers more effectively.
First All-in-One HCM Solution for the Construction Industry
Construction businesses are too busy trying to get the work done and have limited time to worry about complex pay and compliance issues, says Kit Dickinson, vice president business development, ADP. In addition, an uncertain economy makes it harder for construction firms to manage material and labor costs. Without good visibility into payroll, it's hard to hire the right people and stay on top of labor expenditures. Until now, there hasn't been an end-to-end HCM solution specifically designed to meet the unique HR and payroll challenges of the construction industry.
For Tracy Miller, chief financial officer, DSI, "ADP allowed us to stop questioning payroll accuracy and stressing about maintaining compliance. Because the data is secured safely and records are easily accessible, we have confidence in our finances."
"The construction industry is singular in its human capital management challenges," says Quincy Valencia, VP and research director, Ventana Research. "Construction businesses must handle complex regulations and reporting requirements, manage a geographically dispersed workforce, and find the quantity and quality of labor needed in a tight labor market. HCM software built specifically for the construction industry is long overdue. ADP recognizes this and has combined deep construction and HCM tech expertise for a comprehensive solution to help keep firms compliant and managing their workforce more efficiently."
ADP Workforce Now for Construction is the only industry-focused, all-in-one midmarket HCM software solution, offering users the following benefits:
Construction specific payroll and compliance
Easily track and manage regulatory requirements for single or cross-state operations.
Automate applying prevailing wage and fringe rates for government funded projects.
Manage and assign union wages and benefits.
Create Certified Payroll and Union reports within the system.
Transfer job cost and general ledger data to existing ERP.
Track time and attendance in real time for employees working on multiple jobs and performing different roles.
Industry leading all-in-one HR suite
Automated timekeeping, attendance tracking and scheduling simplifies compliance.
ADP mobile app with geofencing provides secure access and intelligent self-service for managers and employees.
Compensation benchmarks by industry, geography and position keep pay and benefits competitive.
Best-in-class recruiting tools for attracting the right workers to meet the needs of each project across government, union and contract work.
A single solution for managing talent that includes employee training, performance and goal management, and succession planning.
Construction Center of Excellence:
ADP Workforce Now for Construction clients also have access to ADP's Construction Center of Excellence (CCOE), a team of dedicated construction software specialists who provide implementation and training guidance built for construction clients. ADP's CCOE provides industry clients with ongoing support for a variety of topics including payroll, taxes, compliance, reporting and more.
Business Wire | October 23, 2023
UKG, a leading provider of HR, payroll, and workforce management solutions for all people, today announced new UKG-certified technology partners with a likeminded focus on creating great places to work are leveraging the UKG FleX technology platform and UKG Developer Hub to support more seamless, people-centric experiences.
UKG FleX is a highly extensible technology platform designed for UKG solutions that helps organizations more easily integrate with new and emerging applications, while also keeping the employee technology experience simple and streamlined. Combined with a robust developer portal with toolkits, documentation, sample data, and additional resources, UKG FleX has further accelerated UKG Marketplace growth, including the addition of new partner solutions that:
Make it easier to hire people and grow teams in new parts of the world, with ClearCompany, Emissary, Globalization Partners, HireEZ, and Hireology;
Create flexibility for people and employers with contingent workforce staffing through ShiftMatch, and ShiftMed;
Care for individuals and foster a culture of continuous development with 15Five, Lattice, PTO Exchange, and Xoxoday;
Simplify enterprise-wide reporting with NoahFace, MedTrainer, PointsNorth, Rock Solid, and SplashBI; and
Bring wellness and social impact to the workplace through Human Interest and WizeHive BrightFunds.
“One reason enterprise application platforms (EAP) have rapidly become a critical consideration point for technology buyers is the urgent need to create a more simplified and streamlined technology experience for employees and managers, especially those in frontline and hourly roles,” said Holger Mueller, principal analyst and vice president at Constellation Research. “Empowering partners and customers to integrate, extend, and build on top of the HCM suite has become an industry best practice to support better experiences — and UKG is one of the leaders in the EAP space.”
The UKG Marketplace includes a range of applications, including emerging technologies and industry-specific innovations, that complement UKG HCM solutions in areas such as compensation, compliance reporting and filing, consulting and implementation, data and analytics, diversity, equity, inclusion, and belonging, employee well-being, financials and enterprise resource planning, and learning.
We have a longstanding tradition of solution extensibility because we recognize to create a great place to work requires a great technology experience, said Mike May, vice president of technology partnerships at UKG. Over the last year, with the introduction of UKG FleX, our customers have benefited from even more and better partner-led integrations and innovations to help them continue to exceed employee expectations.