WORKFORCE MANAGEMENT

Workforce Solutions Provider System Acquires One Video Production Company Dreamtek

Dreamtek | January 10, 2022

On January 5th, premier workforce solutions provider System One announced its acquisition of Dreamtek, a global video production company. System One acquired Dreamtek through its division TeamPeople and aims to expand its media offering by providing video production, live and virtual event solutions, and technical production expertise.

Dreamtek offers a wide array of solutions that connect media creatives, production services, multimedia and video engineers with organizations who need full-time professionals or freelance services.

"System One is committed to the expansion of our 5 strategic pillars, Engineering & Technical, Clinical & Scientific, Government & IT, Legal, and Digital Creative. The reputation, expertise, and strength of Dreamtek aligns with our vision of providing critical outsourced services to niche markets.  Dreamtek's strong foundation and highly skilled team will create additional opportunity for our continued growth in the virtual live events space, video production, A/V support, and VR and AR areas.”

- Greg Lignelli, System One COO

"This collaboration expands our portfolio of services to help meet the demands of the virtual shift that has had an impact on creative and business communications. We believe our shared passion for people and innovation will aid in our efforts, making our services more impactful for our clients and audiences."

- Rachel Peters, EVP TeamPeople

Spotlight

Companies are willing to pay a premium for top talent today, new research shows. More than half (54 percent) of chief financial officers (CFOs) interviewed for a Robert Half survey said they increased new hires' starting salaries from what they made in their previous job. The average increase, according to financial executives, was 10 percent. "Employers who want to improve their odds of securing skilled talent are offering highly attractive starting salaries right now," said Paul McDonald, senior executive director for Robert Half. "Companies are competing not just with other businesses that are hiring but also with the applicant's current employer, who may make a counteroffer to retain the services of a valued employee." View an infographic of the survey findings.

Spotlight

Companies are willing to pay a premium for top talent today, new research shows. More than half (54 percent) of chief financial officers (CFOs) interviewed for a Robert Half survey said they increased new hires' starting salaries from what they made in their previous job. The average increase, according to financial executives, was 10 percent. "Employers who want to improve their odds of securing skilled talent are offering highly attractive starting salaries right now," said Paul McDonald, senior executive director for Robert Half. "Companies are competing not just with other businesses that are hiring but also with the applicant's current employer, who may make a counteroffer to retain the services of a valued employee." View an infographic of the survey findings.

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HR STRATEGY

TriNet Named in Fast Company's Second Annual List of "Brands That Matter"

TriNet | October 27, 2022

TriNet (NYSE: TNET), a leading provider of comprehensive human resource solutions for small and medium-size businesses (SMBs), today announced it has been named to Fast Company's 2022 Brands That Matter list. Fast Company's list honors brands that have achieved relevance through cultural impact and social engagement, and authentically communicating their missions and ideals. TriNet, awarded in the category for large companies with 1,000 or more employees, was recognized for its People Matter marketing campaign, which launched in late 2020 during the height of the pandemic and celebrated the hard-working and diverse employees of its tens of thousands of SMB customers. "It is an honor to be recognized among such internationally renowned companies as one of Fast Company's Brands That Matter, Our goal when the pandemic hit was to become a steadfast resource to these critical SMBs. This type of validation from Fast Company is further proof that focusing on humanity in an honest and thoughtful way is the most important foundation of any successful marketing campaign." -Michael Mendenhall, TriNet Senior Vice President, Chief Marketing Officer and Chief Communications Officer This year, we've expanded the Brands That Matter program to evaluate honorees in the context of how they matter within the category in which they compete for people's attention or loyalty. The result is a wide-ranging list of honorees that are making their mark on culture, and through social impact, said Brendan Vaughan, Fast Company's editor-in-chief. TriNet's People Matter campaign highlighted the human side of HR. The nation-wide, omni-channel campaign also featured out-of-home ads in New York City, the San Francisco Bay Area and Los Angeles, in addition to television commercials and radio spots across the country, and a major digital push that included website, digital ads and social media. Fast Company editors judged each brand on relevancy, cultural impact, ingenuity, and business impact to compile the list. The final list, which includes large multinational conglomerates, small-but-mighty companies, and nonprofits, recognizes 144 brands that give people compelling reasons to care about them—and offer inspiration for others to buy in. All 144 have found an ability to forge an emotional connection with customers, whether leading on the environment or pop culture, engaging B2B customers, or responding meaningfully to current events. About Fast Company Fast Company is the only media brand fully dedicated to the vital intersection of business, innovation, and design, engaging the most influential leaders, companies, and thinkers on the future of business. The editor-in-chief is Brendan Vaughan. Headquartered in New York City, Fast Company is published by Mansueto Ventures LLC, along with our sister publication, Inc. About TriNet TriNet (NYSE: TNET) provides small and medium-size businesses (SMBs) with full-service HR solutions tailored by industry. To free SMBs from HR complexities, TriNet offers access to human capital expertise, benefits, risk mitigation and compliance, payroll, all enabled by industry leading technology capabilities. TriNet's suite of products also includes services and software-based solutions to help streamline workflows by connecting HR, Benefits, Employee Engagement, Payroll and Time & Attendance. From Main Street to Wall Street, TriNet empowers SMBs to focus on what matters most—growing their business and enabling their people. TriNet, incredible starts here.

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HR PRACTICE, RECRUITMENT & RETENTION

Identify, Attract, and Hire Top Talent Faster with AspireHR Recruiting

AspireHR | September 19, 2022

AspireHR, an SAP Gold Partner and one of the largest North American HCM implementation, software, and managed services firms, announced its launch of AspireHR Recruiting™, a scalable AI and automation-powered recruiting and onboarding solution with video interviewing, advanced scheduling, and enhanced mobile capabilities designed to accelerate the hiring of top talent.  As a leader in HCM innovation, AspireHR launched its new recruiting product in Vegas this week at prominent HR technology events, HR Tech and SuccessConnect. AspireHR Recruiting’s intuitive and full-featured design leverages AI, automation, and video to drive business efficiency and create amazing recruiting and candidate experiences. With increasing competition amongst companies to hire standout talent, recruiters are tasked with finding and hiring candidates with specific skillsets and experience in the fastest time possible. In a single platform, AspireHR Recruiting™ leverages AI and automation to help recruiters source, interview, and place the right talent in the right role, faster. It also eliminates potential bias during the recruiting process, supporting diversity, and ensuring corporate DEI objectives are met. “Rather than passively responding to an ever-shifting workforce, businesses now have a way to fiercely compete in the battle for new talent. With AspireHR’s configurable workflows and powerful suite of innovative features, recruiters can dramatically enhance candidate experiences while also transforming business with technology that tips the scale towards a successful hire,” - Kevin Chase, President and CEO of AspireHR AspireHR Recruiting sets itself apart from traditional recruiting and applicant tracking systems in the market, bringing a unique feature set that allows recruiters to: Create engaging experiences with trailblazing video and enhanced mobile features: Create exceptional recruiter and candidate experiences, including enhanced video interviewing capabilities, plus full functionality across desktop and mobile devices. Leverage automation and AI to identify and hire top talent: Attract, identify, and engage top talent faster with AspireHR’s artificial intelligence recruiting engine, automated processes, and optimized workflows. Get powerful interview screening and scheduling capabilities: Eliminate manual efforts and reduce administrative tasks with automated interview scheduling, freeing up time for recruiters to build relationships with candidates Ensure compliance and achieve DEI goals: Remove potential bias throughout the entire recruiting process, supporting diversity and ensuring corporate DEI objectives, compliance audit, and reporting Gain valuable insights with real-time dashboards and analytics: Make faster hiring decisions and identify recruiting trends using data-driven insights from AspireHR’s mobile-friendly integrated dashboards and analytics. AboutAspireHR AspireHR Recruiting easily integrates with HCM platforms like SAP SuccessFactors, as well as career sites and job boards. It offers mobile-friendly, visually compelling dashboards with real-time analytics to make actionable insights and effective hiring decisions even while on-the-go. AspireHR Recruiting’s configurable design also offers businesses an amazing set of customizable features like AI job searching, resume-to-profile uploading and parsing, quality candidate matching, automated scheduling (and rescheduling of interviews), in-app video interviewing and interview bots, blind screening and transcription, candidate sentiment analysis, onboarding capabilities, questionnaire engines, background checks, and career site design and hosting.

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COMPENSATION MANAGEMENT

beqom Acquires Our Tandem to Transform Performance and Rewards

beqom and Tandem | September 05, 2022

beqom, the total compensation management solution, today announced the acquisition of Our Tandem, a continuous performance management platform that drives people development through personalized feedback, coaching, and goal setting. This industry-first move aligns personalized rewards with meaningful behaviors, goals, and skills, transforming how companies reward and recognize their people, attract and retain top talent, and address pay equity and transparency. With over 65% of US workers and 73% of UK workers seeking new employment in the last year and increasing public pressure to address pay disparities caused by inflation, hybrid work, and other factors, companies can no longer hold on to outdated compensation and rewards models. In order to retain and attract employees, brands are shifting to a people-centric compensation approach and prioritizing tools that have a meaningful impact on employee journey touchpoints while ensuring overall employee costs are transparent and optimized. The combination of beqom and Our Tandem provides a continuous performance and rewards solution that offers personalized rewards aligned to real-time performance data and feedback, skills, behavior, and goals along the employee touchpoints, giving employees a feeling of purpose and engagement. This one-of-a-kind solution ensures that rewards are individualized, fair, and within budget through a powerful optimization and governance engine. Our Tandem was established in 2016 in response to a market gap for which there was no complete solution: total performance management software. Founded by Aisling Teillard and Clare Bonham – both HR experts and HRIT professionals – the platform was designed to be a comprehensive, sustained feedback solution that fosters more personalized, meaningful, and engaging experiences for both employees and managers. “Our Tandem has been a leader and a supporter of the shifting needs of individual organizations and the workforce, and we are ready to take our next step and join forces with beqom, I have no doubt that the combined power of these two solutions will further transform how organizations manage and reward employees along their journey and build happier higher performing teams.” -Aisling Teillard, CEO of Our Tandem This acquisition represents an exciting step forward, not just because of the combination of the products, but because of the combination of the people. We found in the Our Tandem team a perfect match with the beqom culture, beqom’s vision has always been to help customers effectively leverage their talent to drive their business, so combining Our Tandem’s innovative continuous performance solution with our unique total rewards platform offers a true breakthrough in employee management,said Fabio Ronga, CEO of beqom. The companies will continue to operate under their respective brands while placing focus on integrating and growing both the Our Tandem and beqom teams and accelerating the combined product roadmap. The acquisition was led by beqom and Sumeru Equity Partners, a technology-focused growth capital firm that first backed beqom with a significant strategic investment. Venero Capital Advisors served as the financial advisor to Our Tandem. About beqom beqom provides a cloud-based compensation management solution that unifies all compensation and rewards processes on a single platform, from salary and bonus to deferred incentives and sales commissions. Designed to meet the sophisticated needs of leading enterprises, beqom enables companies to attract and retain talent, engage and motivate employees, control costs, streamline processes, and ensure fair and compliant pay. beqom integrates seamlessly with core HCM software, providing the best-of-breed capabilities needed to implement effective compensation strategies worldwide, without compromise. beqom is used across all industry sectors by leading global companies. About Our Tandem Our Tandem’s dual-purpose performance platform coaches both managers and employees to ignite and sustain workplace cultures that inspire. The solution empowers employees to unlock their potential and performance while supporting managers to accelerate their coaching capabilities. Delivering an engaging experience, through crowdsourced real-time feedback, regular check-ins, configurable performance review templates, and a unique 360 development experience, Our Tandem delivers a truly transformative performance management experience.

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