Workforce Management, Employee Engagement
PR Newswire | August 08, 2023
Paycor HCM, Inc. ("Paycor") (Nasdaq: PYCR), a leading provider of human capital management (HCM) software, today announced the release of Paycor Engage, a new employee engagement solution that will elevate how leaders communicate with and motivate their teams. The latest solution empowers leaders with an advanced one-stop-shop to share company news, communicate with teams and recognize employees across mobile and web. Paycor Engage will also enable social collaboration for cross-functional groups across the organization.
Engagement is the top driving factor of business efficiency, and organizational leaders outfitted with the right tools to inspire loyalty and active participation from employees are critical in today's workforce. Highly engaged teams experience a 40% reduction in turnover on average. As culture and employee engagement are undeniably influenced by frontline managers, engagement through Paycor Engage will elevate transparency, celebration and foster inclusivity within teams. Companies with engaged employees drive success by any measure, be it revenue, productivity, or customer satisfaction.
"With employee retention continuing to remain a top concern among businesses, it is essential for leaders to ensure their employees feel engaged and valued. In fact, a recent study from Recruiter.com found that 82% of Americans feel underappreciated at work and, according to Deloitte, recognition is highly correlated with improving employee engagement " said Ryan Bergstrom, Chief Product Officer at Paycor. "By streamlining critical information to our teams in an easy to consume, mobile first design for easy collaboration, employees are able to interact with each other and business leaders, taking company communications to the next level."
About Paycor
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 tools, and configurable technology that supports specific industry needs. That's why more than 30,000 customers trust Paycor to help them solve problems and achieve their goals. Learn more at paycor.com.
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Employee Experience, Workers Compensation
PR Newswire | August 09, 2023
Xoxoday, a leading global technology company that helps organizations digitize and gamify their engagement, incentive, reward, commissions, and loyalty programs, has announced a new partnership with Retention Concierge, a leading technology sales and customer experience consulting company in Africa.
The partnership will focus on driving digital transformation across Africa and other regions, helping leading and aspiring brands improve their employee experience, operational efficiency, customer experience, and revenue growth.
With Retention Concierge's expertise in technology sales and customer experience consulting, and Xoxoday's innovative Rewards, Incentives, Payouts, Loyalty & Commissions Infrastructure, the partnership aims to create a powerful solution that enables businesses to drive revenue growth, boost productivity, and improve employee retention.
"We are excited to partner with Xoxoday to bring their innovative employee engagement and rewards solutions to our customers," said Retention Concierge CEO, Jennifer Jemedafe Salau. "Our goal is to help businesses across Africa and other regions to drive sales, improve their employee experience and drive digital transformation, and this partnership will enable us to achieve that."
The partnership will bring together Retention Concierge's understanding of the African market, expertise in technology sales and customer experience consulting with Xoxoday's vast experience in delivering employee engagement, sales commission management and rewards solutions to businesses across the globe.
"We are thrilled to partner with Retention Concierge to bring our employee engagement and rewards solutions to businesses in Africa and other regions," said Ashwin Mandre, VP of partner marketing at Xoxoday. "With Retention Concierge's expertise in technology sales and customer experience consulting, we believe this partnership will enable businesses to drive digital transformation and achieve their growth objectives."
Retention Concierge and Xoxoday's partnership is set to transform how businesses across Africa and other regions engage and reward their employees, improve their customer experience, and drive revenue growth.
About Xoxoday
Xoxoday is a leading rewards and incentive platform that provides a range of solutions for HR, marketing, sales, and customer success teams to help them create a culture of appreciation and recognition while getting them better ROI for their engagement spends. Its platform includes rewards and recognition programs, loyalty programs, consumer promotion campaigns, wellness initiatives, learning and development programs, and more. Xoxoday is headquartered in Bangalore, India, and has US, Singapore, and Dubai offices.
About Retention Concierge
Retention Concierge is a boutique technology sales and customer experience consulting company with HQ in Lagos, Nigeria and serving the EMEA region. The company aims to drive digital transformation across Africa and other regions, helping leading and aspiring brands improve their employee experience, operational efficiency, customer experience, and revenue growth.
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Workforce Management, Employee Experience
PR Newswire | August 07, 2023
HR Acuity, the leading provider of employee relations case management, conducted a comprehensive study on workplace harassment and misconduct. The 2023 Workplace Harassment & Misconduct Insights dives into the challenges faced by employees who witness or experience bad behavior at work, revealing their lack of trust in the investigations process and the subsequent damage it does to their workplace loyalty. The study also reveals that despite most organizations offering anonymous reporting tools, employee distrust in those tools is rampant.
Of the key findings, one of the most alarming is that nearly half (40%) of the respondents lacked confidence that their reported concerns would be thoroughly investigated and addressed fairly. Additionally, almost half of the respondents actually feared retaliation for reporting workplace concerns. The results reinforce how important it is for employees to not only understand the value of reporting but also trust the process.
The study indicated that employees who experienced or witnessed behaviors including bullying, sexual harassment and discrimination were more likely to leave their jobs. In fact, a full thirty percent of affected employees no longer work for their organizations, compared to only 11% of those who had not experienced or observed such issues.
"It's clear from the study results that how organizations respond to workplace harassment and bad behavior matters as much as trying to prevent it. When issues are mishandled or unresolved, culture becomes toxic, turnover increases and referrals plummet." said Deb Muller, CEO of HR Acuity. "Clear communication, improved investigation processes, and real support for anonymous reporting can help rebuild employee trust. With more transparency around investigations, organizations can foster an inclusive and safe environment that bolsters employee confidence, improves reporting and helps teams proactively address workplace harassment and misconduct."
It's important to note that incidence reporting is trending in the wrong direction. In 2023, half of the employees experienced or witnessed incidents of workplace harassment or misconduct, but only 58% of these incidents were reported, a decrease from 64% in 2019. The study highlighted various reasons for underreporting, including discomfort, skepticism about the handling of issues, concerns about not being taken seriously and fears of retaliation.
Finally, the study also signals the need for ER departments to prepare for unique experiences across multiple segments of the workforce. The results identified distinct challenges faced by independent contractors and transgender employees. Independent contractors reported a higher rate of issues, with a significant number occurring outside of office locations. These contractors were less likely to report issues to their managers (39%) and more likely to utilize anonymous hotlines for reporting. On the other hand, transgender employees were the most affected group, with 83% having experienced or witnessed an issue. They expressed less confidence and awareness in processes for reporting and addressing concerns, often experiencing incidents outside of the office and preferring anonymous or non-anonymous reporting methods.
About HR Acuity
While you can't prevent every employee relations issue, you can change how you respond. HR Acuity is the only technology platform specifically built for employee relations and investigations management. HR Acuity's SaaS technology empowers you with built in intelligence, templates and reporting so you can conduct fair investigations according to best practices; uncover trends and patterns through forward-looking data and analytics; and provide trusted, consistent experiences for your people.
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