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,HR STRATEGY
YourCause from Blackbaud | December 13, 2022
Blackbaud, the world's leading cloud software company powering social good, is pleased to announce that CIOReview, a technology magazine, has recognized YourCause from Blackbaud as a top 10 provider for employee engagement solutions in their Human Resources (HR) Technology edition. The annual edition of the publication helps business leaders review the most noteworthy technology that is transforming the employee culture ecosystem.
"Companies use YourCause software to connect their employees to each other across borders and to the causes they care about, Consumers, the community and employees expect companies to deliver meaningful and measurable social impact. We're here to help companies make it possible—in a bigger way than ever before—with the corporate impact solutions we have to offer from both YourCause and EVERFI."
-Brandon Sharett, president and general manager, YourCause from Blackbaud
Successful employee engagement programs are essential to building workplace culture. The 2022 Gallup State of Global Workforce report shows a disengaged global workforce causes a $7.8 trillion loss in productivity per year. A company's corporate social responsibility (CSR) initiatives actively contribute to employee belonging by deploying giving, volunteering and grantmaking tactics that can support the nonprofit community near and far, as well as their own employees through specialized relief programs.
Blackbaud's YourCause portfolio helps companies engage and retain employees, build a strong workplace culture and deliver on their socially responsible missions while connecting them to the largest global charity database of vetted nonprofits. The employee engagement solution provides features for giving, volunteering, virtual employee resource groups and peer-to-peer fundraising, while the corporate grant platform helps companies streamline programs for community investment, scholarships or employee assistance funds. While EVERFI® from Blackbaud® helps companies deliver social impact through digital education that drives measurable change on societal issues in their communities.
Together YourCause and EVERFI offer the market's most comprehensive and scaled portfolio for corporate impact driven by two essential levers: engagement and education, What makes it so powerful is that we connect companies to the market's most robust network of causes and schools, equip them with proven expertise, and help them grow their impact through rich data and reporting,said Tom Davidson, Founder and CEO of EVERFI from Blackbaud.
CIOReview's annual HR Technology edition is compiled through nominations from its 97,000+ subscribers. Companies nominated are selected by a panel of industry experts and CIOReview's editorial team, resulting in a vetted list of HR technology vendors that are creating innovative solutions shaping the future of talent management.
Blackbaud (NASDAQ: BLKB) is the world's leading cloud software company powering social good. Serving the entire social good community—nonprofits, higher education institutions, K–12 schools, healthcare organizations, faith communities, arts and cultural organizations, foundations, companies and individual change agents—Blackbaud connects and empowers organizations to increase their impact through cloud software, services, expertise and data intelligence. The Blackbaud portfolio is tailored to the unique needs of vertical markets, with solutions for fundraising and CRM, marketing, advocacy, peer-to-peer fundraising, corporate social responsibility (CSR) and environmental, social and governance (ESG), school management, ticketing, grantmaking, financial management, payment processing and analytics. Serving the industry for more than four decades, Blackbaud is a remote-first company headquartered in Charleston, South Carolina, with operations in the United States, Australia, Canada, Costa Rica and the United Kingdom.
EMPLOYEE EXPERIENCE,EMPLOYEE ENGAGEMENT
UKG | December 01, 2022
Xoxoday, a global SaaS Fintech company known for its rewards, engagement, and loyalty infrastructure for businesses, announced a technology partnership with UKG, a leading provider of HR, payroll, & workforce management solutions. This will help organizations and HR leaders elevate the workplace experience through a holistic employee engagement approach that connects, aligns, empowers, & motivates teams.
This partnership helps solve significant new-age crises of disengagement and attrition by focusing on employee experience. While UKG helps streamline human capital management and HR service delivery, Xoxoday Empuls helps drive multi-dimensional employee engagement. The partnership also aims to address challenges brought about by the 'Great Resignation' by attracting and retaining top talent, maximizing ROI from every business' biggest resource - their people.
UKG solutions are developed with the UKG Life-work Technology™ approach to solution design. Life-work Technology has two components: people systems that inspire the workforce by enabling autonomy & flexibility and connecting people to their colleagues and roles with purpose; and work systems to help businesses thrive by offering higher productivity, optimizing teamwork, and providing more opportunities for people to support each other and their communities.
"At UKG, we strive to create lifelong partnerships with our customers, helping them create modern people experiences to drive better business outcomes and anticipate employee needs beyond just work, By cultivating a highly engaged ecosystem of technology partners, including Xoxoday, we're able to help create a more seamless and empowering technology experience."
-Mike May, VP, Technology Partnerships, UKG
Manoj Agarwal, Co-founder, Xoxoday, says, The partnership comes at a time when technology is getting democratized faster than before, and two strong products, that are solving adjacent problems, come together to provide a better value proposition to their customers while using it as a growth flywheel for both businesses. The partnership with UKG strengthens our vision to create a connected & motivated workforce, breaking silos to achieve better outcomes.
Xoxoday is a rapidly growing fintech SaaS firm that propels business growth while focusing on human motivation. Backed by Giift and Apis Partners Growth Fund II, Xoxoday offers a suite of three products - Plum, Empuls, and Compass. Xoxoday works with 5,000+ clients across 100+ countries serving 80 million+ end-users. Xoxoday is a 380+ strong team with nine global offices across USA, Ireland, UAE, India, Singapore, Indonesia, Sri Lanka, and Nigeria.