HR PRACTICE,DIVERSITY AND INCLUSION
Joshin | November 23, 2022
Joshin, a digital support platform for disability and neurodivergence in the workplace, has rolled out a comprehensive employee benefits program to support companies, employees, and their families with virtual coaching, on-demand training and personalized navigation support. The offering meets a critical need among companies developing initiatives to hire neurodivergent talent and looking to incorporate disability and neurodivergent support systems for the entire workforce.
Joshin has been offering disability support services since 2020, and expanded their services this year to accommodate a growing need in the enterprise market. Since starting the enterprise program, they have engaged more than a half dozen corporations, including Best Buy.
According to estimates, unemployment rates are close to 30% to 40% for neurodiverse talent. This is a huge untapped talent pool for companies.
“Implementing workplace support for disability and neurodivergence creates a culture where everyone belongs, and only 4% of companies are focused on disability inclusion through their DEI efforts, Disability inclusion in workplaces isn’t just the right thing, it impacts the bottom line.”
-Melissa Danielsen, CEO of Joshin
The Global Business Coalition for Education found that organizations that are most focused on disability engagement, as measured through their DEI scores, were growing sales 2.9 times faster and garnering profits 4.1 times faster than their peers. Joshin offers employees direct access to a network of specialized caregivers, as well as virtual 1:1 coaching on such topics as: supporting a new diagnosis, special education planning, nutrition, and disability in the workplace. The offering includes disability educational resources and webinars to help companies unlock the power of diversity and employee belonging.
Best Buy has always been committed to the well-being of its workforce and this disability care benefit allows us to break new ground in caring for the needs of our workforce, Joshin’s innovative program allows us to further our commitment to an inclusive workplace where everyone feels welcome and supported,said Charlie Montreuil, SVP of HR Rewards at Best Buy.
As a Best Buy employee, I am thrilled that Best Buy will be offering this much needed benefit to caregiving employees who are connected to disability and neurodivergence. It’s been an amazing support for my family. Our son has Down syndrome and autism, and it’s been very challenging to navigate finding the right support. I can’t say enough about the quality of Joshin and how easy it is to use, said Sara Sagedahl, who works in social media marketing at Best Buy.
There are 1.3 billion people globally with a disability and 39.8 million caregivers providing care to adults with a disability or chronic illness. And diversity affects workplaces far more than many people or companies recognize. According to the Center for Talent Innovation, 30% of employees are connected to disability or neurodivergence, and 62% of disabled employees have a non-visible disability. Moreover, 97% of employees with disabilities don’t feel comfortable disclosing their disability to employers—a dynamic that Joshin hopes its comprehensive support system will start to change. In current partnerships, Joshin has created a safe place for employees to self-disclose a diagnosis for the first time and get support and coaching on career, inclusion, and life.
For Best Buy and other companies, Joshin’s offering aims to improve corporate productivity by reducing days lost and improving employee health and well-being. It also transforms employers and their teams into allies by uncovering unmet needs and tailoring educational support.
Joshin partners with organizations to provide sustainable, ongoing support for disability and neurodivergence in the workplace through on-demand training, coaching, and personalized navigation.
Paycom | November 30, 2022
Paycom Software Inc., a leading provider of comprehensive, cloud-based human capital management software, has announced the launch of the Vault Visa® Payroll Card. With the Vault card and mobile app, employees can get paid up to two days earlier every payroll cycle. It is a financial lifeline for families in a time of high inflation and eliminates the need to spend money on fees for cashing a payroll check. For organizations, offering this convenient option provides a competitive edge to attract and retain employees while helping reduce the administrative burdens related to traditional checks.
Offered exclusively to clients of Paycom, Vault provides employees more control over their finances, including access to electronic deposit and 40,000 no-fee Allpoint® ATMs, commonly found at retailers like CVS® and Walgreens®, in the U.S. and Puerto Rico. Vault can also be used as an additional account for paying bills, shopping, vacations, entertainment spending and more.
Other advantages for employee Vault card users include:
easy access to spending power everywhere Visa debit cards are accepted
Visa’s Zero Liability fraud protection
simple enrollment through Paycom’s Employee Self-Service®
access to numerous exclusive offers and perksfor Visa cardholders, including discounts for hotels, subscriptions, restaurants, retailers, services and more
“This is another step to simplify payday and the way consumers spend their hard-earned money,”
-Chad Richison, Paycom’s founder and CEO
Enrolled employees can enjoy a fully electronic, secure funding experience using all of the security features Paycom and the Vault card have to offer.
Upon successful Vault enrollment, employees receive a physical card as well as a digital Vault card to add to their mobile wallet, like Apple Pay® and Google Pay®.
It also delivers big wins for employers by:
reducing the inconvenience of paper-based payroll
providing an edge in hiring and retention with attractive payday options for employees
enhancing benefits to combat turbulence in the labor market
reducing check fraud with secure electronic funding
This latest payroll offering further complements Beti®, the self-service payroll solution from Paycom. Beti guides employees to find and fix payroll errors before submission. By correcting errors in Paycom's easy-to-use app, Beti ensures accurate payroll and eliminates administrative hassles.
As a leader in payroll and HR technology, Oklahoma City-based Paycom redefines the human capital management industry by allowing companies to effectively navigate a rapidly changing business environment. Its cloud-based software solution is based on a core system of record maintained in a single database for all human capital management functions, providing the functionality that businesses need to manage the complete employment life cycle, from recruitment to retirement. Paycom has the ability to serve businesses of all sizes and in every industry. As one of the leading human capital management providers, Paycom serves clients in all 50 states from offices across the country.
HR ANALYTICS,RECRUITMENT & RETENTION
Paychex | November 07, 2022
Paychex, Inc., a leading provider of integrated human capital management software solutions for human resources, payroll, benefits, and insurance services, has announced new enhancements designed to help improve the employee experience from pre-employment through retention. The latest products and solutions help provide a seamless experience for both employers and employees using Paychex Flex®, the company's SaaS-based HR application, as well as the customized service and HR advisory support available from Paychex.
"Now more than ever, a positive first impression with a prospective employer is essential. HR technology plays a critical role in how employers meet candidates, extend offers, digitally onboard, and retain employees through the first 90-days, when the chance for turnover is at its highest, The products included in our most recent release were developed to strengthen the employer-employee relationship and support businesses as they prioritize their workforces to create better experiences for increased employee retention and satisfaction."
-Tom Hammond, vice president of corporate strategy and product management
The 2022 Paychex Pulse of HR Report, an annual study commissioned by Paychex that provides an in-depth look at how HR leaders are adapting to support employees in a new era of work, found that 50% of respondents say that their organizations are not effective at hiring, onboarding, and retention.
The following solutions and product enhancements make up the current Paychex product release and the company's efforts to enhance the employee lifecycle and experience:
Paychex Flex Hiring: Makes hiring easier by automating tasks and actions for clients to quickly recruit and hire new talent. This Paychex Flex feature assists clients with a variety of recruitment tactics, from posting a job to digitally sending offer letters to top candidates. Paychex research has shown that three out of four clients surveyed said they have shortened the time required for recruiting, screening, tracking, and onboarding of new employees through using Paychex Flex. An average time savings of 26% was reported by those clients that reported a shortened timeframe. For example, a client's two-month recruiting and hiring cycle could be reduced to six weeks.
Paychex Flex Onboarding: Simplifies the onboarding experience by integrating essential steps directly within Paychex Flex. Advancements allow new hires to complete critical documentation, including direct deposit authorization, W4, state withholding forms, and Form I-9s from the device of choice for a paperless onboarding experience.
Paychex Flex Time: Helps create a seamless and unified experience for Paychex Flex Time admin and employee users for controlling scheduling needs, managing time off requests, approving employee timecards, and reviewing data to ensure accuracy for pay periods.
Flock Benefits Administration by Paychex: Provides clients with industry-leading benefits administration technology with advanced features and a best-in-class customer experience. This product helps makes insurance accessible to employees through easy-to-use enrollment workflows and in-app video tutorials that drive employee self-service and efficiency for employers managing benefits.
Paychex Voice Assist: Provides a new way for payroll admin users to complete payroll and HR-related functions and tasks. Users can now complete payroll from anywhere simply by saying "Hey Google, Talk to Paychex Flex" on any Google Assistant™--enabled device. Paychex Voice Assist is a natural extension of the company's expansive self-service capabilities.
Continuous market research allows us to leverage quantitative data to quickly address the business needs and challenges of our clients, Our most recent research revealed that 97% of Paychex clients said an online portal for employee self-service or HR-related tasks from any device or location was very or extremely important to strengthening employee relationships. The fall product release brings intuitive solutions to market that support businesses and enhance the employee experience,added Maureen Lally, vice president of marketing for Paychex.
Paychex, Inc. (Nasdaq: PAYX) is a leading provider of integrated human capital management solutions for human resources, payroll, benefits, and insurance services. By combining innovative software-as-a-service technology and mobility platform with dedicated, personal service, Paychex empowers business owners to focus on the growth and management of their business. Backed by 50 years of industry expertise, Paychex serves more than 730,000 payroll clients as of May 31, 2022 in the U.S. and Europe, and pays one out of every 12 American private sector employees.