Talent Management
AllianceHCM | September 11, 2023
AllianceHCM, a leading human capital management (HCM) software provider, has unveiled its latest software update, featuring artificial intelligence enhancements designed to streamline the recruitment process. These innovations aim to assist organizations in building their dream team’s efficiently.
The AI job description builder accelerates the recruitment process by reducing the time spent crafting compelling job descriptions, addressing a critical need in today's competitive hiring landscape. The AI resume summary generator enhances efficiency by providing concise candidate summaries, aiding recruiters and hiring managers in identifying suitable candidates.
AllianceHCM is one of the nation's agile and innovative HCM software providers, catering to HR professionals and organizations seeking efficient talent acquisition solutions. Its software update is accessible to its user base, including HR professionals and businesses across the United States.
Chief Technology Officer at AllianceHCM, Paul Fleischman, remarked,
Customers always tell us that hiring the right people quickly is a top priority. We're committed to pushing the envelope to help HR and business leaders, and using AI in recruiting minimizes some of the biggest pain points of hiring.
[Source: Cision PR Newswire]
Paul further emphasized other innovative customer-driven enhancements that their team will release in the near future.
This update introduces an AI-powered job description builder, enabling HR professionals to swiftly create precise and engaging job descriptions. This tool leverages AI to incorporate industry trends, HR best practices, and job requirements, resulting in descriptions that resonate with potential candidates. Additionally, AllianceHCM introduces an AI-driven resume summary generator, which automatically extracts essential qualifications, experiences, and achievements from submitted resumes, simplifying the initial screening process. These AI-driven enhancements are seamlessly integrated into the existing AllianceHCM platform, benefiting current users and furthering the company's dedication to supporting efficient and effective recruitment practices.
About AllianceHCM
AllianceHCM is committed to delivering a comprehensive human capital management system tailored to the specific requirements of our valued customers. Its technology is designed to address the essential needs of managers, payroll experts, and HR professionals, offering a seamless solution for hiring, compensating, and effectively managing employees. What sets the company apart is its commitment to exceptional customer service, ensuring that its clients receive the same level of support that its founding customers enjoyed over 30 years ago when HR technology was in its infancy. Currently, AllianceHCM products provide a unified and secure solution that seamlessly integrates with the existing platforms, granting the freedom to redirect focus towards serving the businesses' own customers.
Read More
Payroll
BambooHR | September 13, 2023
BambooHR, a leading cloud-based human resource platform, has introduced a new Payroll experience to complement its HR and benefits administration solutions. This innovative payroll system significantly streamlines payroll processes, reduces processing time by up to 80 percent, and enhances the overall HRIS and benefits administration platform.
This Payroll experience is accessible through desktop and mobile platforms, providing flexibility and convenience for HR professionals and employees alike. It aims to create an integrated, accurate, and efficient payroll process. It significantly reduces the risk of errors and ensures employees are paid correctly and on time. This not only benefits organizations but also aligns with employee financial stability, given that many Americans live paycheck to paycheck. This is supported by the research by LendingClub, reporting that 6 in 10 Americans live paycheck to paycheck.
Chief of Staff, Rockford Silk Screen Process, Rachael Schau, remarked,
BambooHR and payroll together have saved me almost 20 hours a week, and we've honestly saved 20,000 dollars over a year.
[Source: Cision PR Newswire]
The introduction of the new Payroll experience reflects BambooHR's commitment to simplifying payroll and delivering an exceptional user experience for its customers. Payroll errors can have a significant impact on employees, leading to financial stress and mistrust. BambooHR's streamlined solution addresses these concerns while enhancing the overall efficiency.
The new platform simplifies the intricate payroll process by eliminating double data entry, automating time tracking, and calculating employee compensation, deductions, and taxes accurately. This user-friendly interface allows for easy management of employee records, payment tracking, and report generation and ensures compliance with federal, state, and local regulations. Employees can access pay stubs and make withholding or direct deposit changes through the BambooHR payroll portal or mobile app.
Chief Product Officer at BambooHR, Brian Crofts, stated,
Our goal has always been to make payroll an integrated, always accurate, and even delightful experience for our customers.
[Source: Cision PR Newswire]
He added that their team has worked hard to ease the intricate, outdated process and that they’ve made that quick, clean and easy for HRs. To celebrate the launch, new BambooHR customers can benefit from a 75 percent discount on Payroll implementation costs for January 2024 payroll start dates. This offer further demonstrates BambooHR's commitment to supporting organizations in their HR and payroll needs.
About BambooHR
BambooHR is the foremost provider of cloud-based HR software solutions, offering a robust platform that empowers HR professionals in managing, nurturing, and fostering their workforce. The core mission of the company is to liberate individuals to excel in their work by streamlining, centralizing, and interconnecting employee data within a single comprehensive system, thereby facilitating informed decision-making. Its user-friendly and thoughtfully designed suite encompasses payroll, time tracking, benefits administration, performance management, and reporting solutions, catering to the entire spectrum of HR responsibilities.
Read More
Recruitment & Retention
HireVue | October 09, 2023
A new category for recruiting has been introduced by HireVue, the industry innovator and leader in human potential intelligence. This represents a departure from traditional hiring procedures and the introduction of a cutting-edge paradigm that evaluates candidates based on their expertise. HireVue upends conventional wisdom in order to put the emphasis precisely where it belongs: on human potential.
According to HireVue, conventional hiring practices are ineffective and out of date, a belief shared by employees and job seekers globally. More than 3000 people were surveyed for the recent HireVue Hiring Experience Report 2023, and the results revealed widespread dissatisfaction with the hiring environment. Lack of feedback (40%), reliance on resume evaluations rather than skill and potential assessments (30%), the necessity of more simplified procedures to accommodate changing requirements (37%), and the prevalence of erroneous job descriptions (31%), are all sources of aggravation.
Traditional "Rearview Recruiting," which bases recruiting decisions on resumes and qualifications, is based on outdated procedures. By relying largely on profile scraping and resume screening, Legacy HR Tech exacerbates the problem. Focusing just on a person's past accomplishments rather than their potential causes blind spots and makes it more difficult to identify future skill requirements. The soulless, laborious, opaque, too drawn-out, limited communication, and lack of feedback in this old approach further irritate candidates. A fresh approach is provided by HireVue's Human Potential Intelligence, which goes beyond customary methods and puts fairness and impartiality first.
It eliminates guessing and replaces it with a deep understanding of each candidate by utilizing AI to evaluate individuals based on potential, abilities, and interests. This innovative strategy positions HR as a strategic talent incubator rather than just a cost center, ushering in a new era in which the hiring process is transformed into a human journey of empowerment and progress for all parties.
Founder & Chief Analyst at Aptitude Research, Madeline Laurano, said,
HireVue's introduction of 'Human Potential Intelligence' represents a groundbreaking shift in the traditional landscape of hiring. Relying on the constructs of the past like job descriptions and resumes falls short in identifying potential. Our innovative approach brings together both the art and science of hiring by design. It’s supported by their industry-leading AI and stands out as a beacon of change. By focusing on the potential and skills of the humans in the hiring process, this new category redefines hiring criteria and opens doors for companies to hire for the needs of today and ensure they have the right talent for the future.
[Source: GlobeNewswire]
The introduction of Find My Fit, a pioneering service leveraging HireVue's experience in AI-driven personnel assessment, is at the vanguard of this transformational plan. This program fills the gap between job seekers and openings by enabling them to find positions that match their abilities, passions, and untapped potential. Precision job matching is at the core of the Find My Fit program, ensuring that candidates are not only pointed in the direction of open positions but also to roles that are actually compatible with their individual abilities and potential. This strategy improves candidates' overall job-search experiences while also extending their horizons.
The Find My Fit Application effectively addresses key challenges in today's competitive job market. It empowers job seekers who often struggle to identify suitable roles or doubt their qualifications. With this application, candidates can discover positions that match their skills and potential, expanding their job search possibilities. In a job market marked by frequent career changes, candidates often feel uncertain. The application offers guidance by directing individuals toward roles where they can succeed, even with differing prior experiences.
Conventional hiring methods typically focus on resumes and qualifications, often overlooking candidates' true potential. However, the Find My Fit Application shifts the focus towards matching candidates with jobs based on their skills and interests, breaking free from rigid job title requirements. Additionally, it fosters inclusion by suggesting roles tailored to candidates' interests. This encourages individuals to consider positions they may not have explored otherwise, contributing to increased diversity.
About HireVue
HireVue’s expertise in science, artificial intelligence, and data, helps employers get potential candidates to designations where they can succeed, while also pointing them in the direction of the future. HireVue has hosted more than 70 million video interviews and 200 million chat-based candidate engagements for over 1,150 trailblazing clients throughout the world, including more than 60% Fortune 100 companies.
Read More
Hr Analytics
Business Wire | October 31, 2023
Fisher Phillips, an international law firm representing employers, is proud to announce the launch of fpSOLUTIONS, a new venture offering easy access to cost-effective HR solutions, including customizable documents, checklists, forms, handbooks and compliance toolkits powered by Fisher Phillips and backed by a comprehensive suite of consulting services including human resource support.
said John Polson, Fisher Phillips’ Chairman and Managing Partner.
fpSOLUTIONS will leverage Fisher Phillips’ decades of experience in employment law to offer HR compliance solutions without a full-service law firm engagement. This new venture allows us to offer various forms of comprehensive and accessible support to help companies navigate everything from HR operations and compliance to training and performance improvement and everything in between.
[Source:Business Wire]
fpSOLUTIONS currently offers turn-key but adaptable products for today’s HR leaders, including
International Remote Work support
Reduction in Force tools
CAL/OSHA Compliance products
Arbitration agreements and support
Wage and hour compliance products
fpSOLUTIONS also offers various services, available specifically to US organizations of the same size, which include
Affirmative Action Plans and Compliance
Compensation Consulting and Research
Data Privacy Compliance
Cyber Security Assessments
The company will be led by CEO Mark Wilbur, a 30-year HR and strategic management consulting veteran. Wilbur previously served as CEO and President of Employers Group, where he transformed the 125-year-old leading advocacy and professional services organization into EverythingHR. He was also a successful Partner at Andersen Consulting where he provided strategic and operational management consulting services to national and global Fortune 1000 companies.
“We designed fpSOLUTIONS to be the go-to resource hub offering an array of fully customizable products and services to best fit a company’s specific needs based on industry, location and size,” said Wilbur. "We aim to provide easy access to practical solutions companies need to streamline day-to-day HR compliance and optimize success."
About Fisher Phillips
With nearly 600 attorneys across the United States and Mexico, and a vast network of attorneys in jurisdictions around the globe, Fisher Phillips advises and advocates for employers on an international scale. Through our technology-driven approach and commitment to diversity and inclusion, we partner with companies to achieve their business objectives, anticipate potential disruption, and provide the legal guidance to navigate and resolve the workplace matters critical to their success.
About fpSOLUTIONS
fpSOLUTIONS provides customizable documents, checklists, forms, handbooks and compliance toolkits powered by Fisher Phillips and backed by a comprehensive suite of consulting services including human resources support, human capital management, and change management. fpSOLUTIONS combines technology with experienced professional support to deliver a robust and practical solution to HR compliance and management.
Read More