Employee Benefits
PR Newswire | September 29, 2023
HiBob, the company behind Bob, the HR platform transforming how organizations operate in the modern world of work, is pleased to announce the integration of notable benefits administration provider bswift, into its versatile Payroll Hub. This much anticipated collaboration marks a significant advancement in the HR landscape, offering US customers flowing and efficient solutions to manage all their benefits administration needs.
The eagerly awaited feature - Payroll and BenAdmin - allows HR professionals to unify all benefits administration activities in one convenient place. This includes monitoring ongoing staff or policy changes, updating vendors with employee data, and ensuring that all employee details are up-to-date. Customers will benefit from having a single source of truth that easily and quickly connects to other essential systems used for administration. By eliminating duplication and reducing human error, these solutions promise to increase efficiency and enhance accuracy for HR professionals and organizations alike.
bswift is thrilled to partner with HiBob to enhance the experience for our shared customers. We value the seamless integration that allows data to move swiftly between our platforms, streamlining processes and reducing manual tasks. This collaboration exemplifies the commitment of both companies to prioritize our customers, says Don Garlitz, Senior Vice President of Partnerships at bswift.
The benefits administration integration marks a significant step towards HiBob's overarching goal of enhancing the overall function and value of its Payroll Hub. By incorporating benefits administration solutions into the platform, HiBob aims to provide HR professionals with comprehensive and coherent experience particularly for those managing multi-site or global workforces.
"The importance of a comprehensive benefits administration solution cannot be overstated, particularly in the United States, where managing employee benefits is crucial for companies to attract and retain top talent. The integration allows for quicker payroll processing, reducing manual work, and guaranteeing data accuracy," says Ronni Zehavi, CEO at HiBob.
"Just like running a payroll hub pay cycle, our integration simplifies the process of bringing in demographic information to expedite enrollments including medical insurance and many other employee benefits. It provides quick and automated access to select people data, providing a hassle-free and secure experience for end users and employees," Zehavi concluded.
For more information about HiBob's Payroll Hub and the new BenAdmin Hub feature, please click on here.
About HiBob
HiBob is at the forefront of HR innovation, transforming the way organizations operate in the modern world of work with its award-winning HCM 'Bob'. Its modular approach caters to the needs of multinational companies seeking agile technology and robust analytics to support operations across distributed workforces in the ever-evolving economic and workplace landscape. Companies using Bob are able to accelerate hiring, retain the best talent, upskill and elevate employee experience.
More than 3,400 global businesses serving hundreds of thousands employees worldwide - including Uala, SugarCRM, The Josh Bersin Company Fiverr, The&Partnership, and VaynerMedia - appreciate its ease of use, high configurability and the ability to customize based on business requirements. The platform's high adaptability and focus on people engagement and community creation are seen in its consumer-grade user interface, providing easy access to HR processes while fostering engagement.
Awarded one of the best places to work in 2023, HiBob's global team of "Bobbers"come together to build the exceptional in an inclusive and empowering culture.
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Employee Experience
Workhuman | September 25, 2023
Workhuman, a renowned company at the forefront of transforming how employees engage, connect, and show appreciation in the workplace, has taken a significant step in enhancing its market-leading Social Recognition platform by introducing the all-new Workhuman app for Microsoft Teams. This innovative application is now readily available for download in the Microsoft Teams app store, providing employees within organizations complete access to the features offered by Workhuman's robust recognition platform, all within the Microsoft Teams environment where employees conduct their daily work, meetings, collaborations, and communication. Leveraging the cutting-edge capabilities of the Microsoft Teams platform, this new application empowers Workhuman to offer its clients an effective means to elevate awareness and real-time participation in their employee recognition initiatives.
Building upon the initial Teams integration by Workhuman, which already supports users launching the recognition nomination process within Teams chats and Teams channels, the new app brings forth a host of features:
A native welcome page that facilitates immediate recognition and showcases an 'always on' awards feed, along with a highlight reel of years-of-service awards and celebrations, all without necessitating employee logins to a company intranet.
Award notifications within the Teams Activity tab, along with the ability to extend kudos and congratulations to colleagues across the organization who are receiving recognition or commemorating significant life and work milestones, thereby fostering a more unified company culture.
The capacity to deliver 'in-the-moment' recognition within Teams chats, channels, or even during meetings (through a Microsoft Teams meeting extension), accessible across mobile, desktop, and web versions of Teams.
Employee visibility into their own recognition points balance, serving as a reminder of the recognition they have received from their peers, coupled with one-click access to the Workhuman Store for perusing and redeeming points for merchandise, gift cards, charitable donations, or experiences.
Teams administrators are granted centralized permission and deployment controls for the application within the organization's Microsoft Teams environment, offering granular settings and robust security options.
Research conducted jointly by Workhuman and Gallup has delved into the profound impact of recognition on business outcomes. A key finding reveals that only one in four employees in Gallup's global database strongly agree that they have received recognition or praise for their outstanding work in the past week. However, the study also underscores the potential benefits of doubling this figure, leading to a remarkable 9% boost in productivity and $91,989,474 in increased employee productivity. Furthermore, additional research demonstrates that when employees are acknowledged for life events and work-related milestones, they are three times more likely to strongly agree that they feel connected to the organizational culture.
The Workhuman app for Microsoft Teams harnesses the full potential of an enterprise's human resources and employee experience strategy, delivering it to an engaged audience to stimulate enhanced employee engagement, connection, retention, and productivity on a large scale. The introduction of the Workhuman app for Microsoft Teams represents the next stride in Workhuman's journey to bring the power of its entire platform to the digital employee experience provided by Microsoft 365, encompassing Microsoft Teams, Outlook, Viva, SharePoint, and more.
About Workhuman
Workhuman is a leading firm addressing the most pressing human capital challenges faced by companies today, including high turnover, employee engagement, hybrid work environments, and diversity, equity, and inclusion (DEI) through the Workhuman Cloud, a secure SaaS platform that offers the industry's premier Social Recognition solution. The company offers unparalleled technology solutions, analytics, expertise, and services to organizations of all sizes, fostering workplace cultures rooted in employee recognition and crowd-sourced feedback. As the global leader in technology solutions, Workhuman is revolutionizing how employees celebrate, connect with, and appreciate one another in the workplace.
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Employee Engagement
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.
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