EMPLOYEE BENEFITS

Addition Wealth Launches Employee-Oriented Financial Wellness Platform

Addition Wealth | February 10, 2022

engagement News
Financial wellness benefits provider, Addition Wealth, announced on February 9th, the launch of a digital platform to make personalized finance expertise accessible for employees. Addition Wealth is known for empowering employees by providing the technology and tools they need to make smart financial decisions.

A PwC survey called the 2021 Employee Financial Awareness Survey reported that 87% of employees seek help with their finances. Addition enables employees on their journey to understand personal finance, equity compensation, selling and buying shares, saving for retirement, and buying a home.

"I founded Addition because everyone should have access to the tools and resources to make smart, informed personal financial decisions. There's a gap in the market when it comes to navigating finances, and existing options are either too generic or too expensive. We partner with forward-thinking companies who want to provide inclusive access for their employees to navigate personal financial decisions and make the most out of their money."

- Ana Mahony, CEO & Founder of Addition,

"There is such a compelling need to improve employees' understanding how equity compensation impacts their overall financial wellbeing. Addition has the right mix of technology solutions and financial advisors to help millions of people. Addition's solution helps employees understand and optimize their financial situation, which creates a happier and more productive workforce."

- Hans Morris, Managing Partner at Nyca Partners

"It's important to us that our employees understand the way equity compensation impacts their personal financial journeys. By working with Addition, they can see the long-term value of their equity, how to maximize it, and how it fits into their financial goals."

- Andrea Ellis, CFO, Lime

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HR ANALYTICS,EMPLOYEE EXPERIENCE

Sapia.ai to invest in bringing the best kept secret in HR tech to America

Sapia | December 14, 2022

Following its phenomenal success in transforming hiring for some of Australia's biggest retail brands, Sapia.ai is excited to grow its share of the US market in 2023 with the appointment of Russell Mikowski as President, Americas. Mikowski brings a significant depth of knowledge around the HR tech ecosystem, having previously served as the head of sales for both iCIMS and Symphony Talent. I can't wait to show people what Sapia is capable of, Mikowski said. This technology is going to revolutionize talent acquisition. Sapia addresses commonly occurring pain points like cost-per-hire, time-to-fill, and hiring accuracy in an unbiased manner and in a way that no other product on the market can - at a time when recession-proofing recruiting process is top-of-mind for many North American businesses. The increasing focus on skills-based hiring (something resumes are of little help with) has tilted HR tech's brightest spotlight towards products that can effectively screen and assess applicants' likelihood to perform well in a given role. Sapia is a chat-based interview that candidates complete on their phone. It uses AI to analyze text from the chat to uncover a candidate's suitability for a job, giving everyone who desires one the opportunity to get a first interview and delivering personalized feedback about their strengths and weaknesses (not only to the hiring team, but also to the candidate). That's right - with Sapia, there's no "black hole" - every candidate who takes the chat interview gets feedback. This is especially valuable in the retail world where job applicants are also buyers and a poor candidate experience could reduce their brand loyalty as consumers. People are being blown away by Open AI's ChatGPT and the way it answers general knowledge questions in such a human-like and accurate manner. This is the "new frontier of AI." Sapia utilizes similar technology to give recruiters and hiring managers an accurate understanding of the "person behind the resume." Even amongst those who don't get the job that they've applied for, 96.7% of candidates report that they find Sapia's feedback useful. Sapia's average candidate happiness score is 8.8/10 - and there's minimal variability across gender and race indicating that the experience is inclusive and not strongly preferred by one group over another. Candidates that reported a disability or EASL have even higher than the average candidate happiness scores! Sapia is thinking about AI and its implications in a very different way from most other HR tech providers by applying it through a human lens that is both ethical and beneficial to the world, Mikowski said. It does this all while creating as little friction as possible for both candidates and hiring managers. And, by ethically utilizing AI, Sapia removes the likelihood that human bias for or against particular races, ethnicities, genders, ages, sexual orientations, or different abilities will creep in during the applicant screening process. "Having worked in HR Tech for over fifteen years I can say that it's hard to come across products that actually deliver on the promises they make, Every company in this space markets their offering as having a positive impact on DE&I, but the actual results are often negligible. Sapia's product and mission are making a truly meaningful contribution to equitable hiring, and we're just scratching the surface!" -Mikowski About Sapia Sapia's mission is to help companies unlock and engage talent at scale. With its blind, automated chat interview and comprehensive DEI analytics platform, Sapia's technology is the first solution of its kind to disrupt biases that affects traditional recruitment processes – resulting in fair outcomes for candidates and companies.

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HR ANALYTICS,EMPLOYEE EXPERIENCE

Phenom to Bring Together the World of HR at IAMPHENOM 2023 in Philadelphia

Phenom | December 20, 2022

Phenom, the global leader in Intelligent Talent Experience, today announced registration is now open for its fourth annual IAMPHENOM conference on March 28-30 in Philadelphia. Focused on the latest innovation and technology for hiring, developing and retaining talent, the in-person event will include must-attend sessions and content for all HR professionals, including talent acquisition, talent management, sourcers, recruiters, learning and development, HRIS and CHROs. More than 600 global companies are expected to unite in the City of Brotherly Love for IAMPHENOM, where they will collaborate on leading ways to enhance recruiter efficiency, boost employee development and retention, and leverage skills and competencies through the use of intelligence, automation and experience. Over 100 speakers featuring customers, analysts and industry visionaries will inspire attendees during 50+ sessions including keynotes, breakouts and product demonstrations. The additional Pre-Conference Training Day (March 28) will also provide attendees with hands-on training designed to help customers maximize the Phenom Intelligent Talent Experience platform, with beginner and advanced sessions available. Attendees will be eligible to earn SHRM and HRCI credits. Fun extracurricular event activities will include a ‘Rocky Run’ culminating at the famous Philadelphia Art Museum steps, morning yoga, massages, meditation, evening entertainment and a conference gala. “IAMPHENOM is a three-day inspirational event that brings together HR professionals across industries under one roof to collaborate and learn, We welcome anyone and everyone who is part of the HR community to join us in Philadelphia — it’s going to be phenomenal.” -Jonathan Dale, vice president, Marketing at Phenom More than 500 global and diverse companies use the Phenom Intelligent Talent Experience platform to connect people, data and interactions to deliver phenomenal moments with maximum efficiency throughout the talent journey. About Phenom Phenom has a purpose of helping a billion people find the right job. Through AI-powered talent experiences, employers are using Phenom to hire employees faster, develop them to their full potential, and retain them longer. The Phenom Intelligent Talent Experience platform seamlessly connects candidates, employees, recruiters, hiring managers, HR and HRIS — empowering over 500 diverse and global enterprises with innovative products including Phenom Career Site, Chatbot, CMS, CRM, AI Scheduling, Video Assessments, Campaigns, University Recruiting, Talent Marketplace, Career Pathing, Gigs, Mentoring, and Referrals. Phenom has earned accolades including: Inc. 5000’s fastest-growing companies (3 consecutive years), Deloitte Technology's Fast 500 (4 consecutive years), five Brandon Hall ‘Excellence in Technology’ awards including Gold for ‘Best Advance in AI for Business Impact,’ Business Intelligence Group's Artificial Intelligence Excellence Awards (2021 & 2022), and a regional Timmy Award for launching and optimizing HelpOneBillion.com (2020). Headquartered in Greater Philadelphia, Phenom also has offices in India, Israel, the Netherlands, Germany and the United Kingdom.

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WORKFORCE MANAGEMENT,EMPLOYEE EXPERIENCE

UKG Earns Global Praise from Top HCM Analyst Groups for Intelligent, People-centric Workforce Management

UKG | December 07, 2022

UKG, a leading provider of HR, payroll, and workforce management solutions for all people, today announced new honors from top HCM analyst firms in North America and Europe, including NelsonHall, Nucleus Research, Constellation Research, and Fosway Group, recognizing the transformative outcomes that both people and businesses achieve with intelligent, industry-specific UKG workforce management solutions. “The global UKG workforce management suite emphasizes flexibility, autonomy, and purpose for people while providing organizations with an intelligent solution that maximizes teamwork and productivity to build workplace cultures where everyone can belong, This powerful approach, coupled with our unwavering commitment to industry-specific solutions that support people regardless of their workplace setting, creates better outcomes for all.” -Hugo Sarrazin, chief product and technology officer at UKG An Overall Leader in NelsonHall’s Workforce Management NEAT Evaluation UKG is positioned as an Overall Leader in the NelsonHall New World Workforce Management 2022 NEAT vendor evaluation. One of the world’s leading analyst firms for business process services, NelsonHall credits UKG for its focus on empowering UKG customers with the tools necessary to become an employer of choice, including artificial intelligence and an array of purpose-built industry specific solutions. Being positioned as an Overall Leader reflects the ability of UKG to meet future customer needs while also delivering immediate benefits today, Organizations have responded to challenging times with greater investments in their people and technology. Partnering with a suite provider focused on enhanced solutions that leverage innovative technology to facilitate both local and global administration, manage risk assessments, and offer flexible working while prioritizing employee engagement will be critical to reaching strategic goals,said DeeAnna Warrington, principal research analyst, HR technology and services practice, NelsonHall. Nucleus Research Further Affirms UKG Market Leadership in Workforce Management After being named the Overall Leader in the Nucleus Research HCM Technology Value Matrix 2022, UKG is also once again a Leader in the Nucleus Research Workforce Management Value Matrix 2022. Nucleus Research is an independent technology research firm focused on helping organizations build financially focused business cases for software investment. UKG continues to capitalize on its unique value proposition, leveraging a rich expertise in workforce management while staying hyper-focused on the company’s goal of meeting the needs of people, regardless of where or how they work, Next generation workforce management technology must be a cornerstone of both people planning and operational strategy for businesses to succeed going forward,said Evelyn McMullen, research manager at Nucleus Research. Driving Change and Transformation, Say Constellation Research and Fosway Group Constellation Research, a Silicon Valley-based technology research and advisory firm that delivers strategic guidance to support business transformation, recently announced UKG is included in the “Workforce Management Suites Q3 2022 Constellation ShortList.” In addition to displaying mature and innovative functionality around time and attendance, planning and forecasting, and scheduling, the global footprint of UKG also exceeded the threshold of at least 3,000 customers on four or more continents. Building on global and international strength, Fosway Group, Europe’s top HR analyst group, recognized UKG as a Core Leader (UKG Ready) and Strategic Challenger (UKG People Operations) in the 9-Grid™ for Cloud HR. The report recognizes the ability for UKG to meet the needs of a variety of organizations, especially complex, enterprise-scale global customers with a people operations suite featuring workforce management and HR service delivery. We became the world leader in workforce management because we are deeply committed to helping our customers overcome their most complex challenges, regardless of industry, while also keeping people at the center of operations, Our relentless focus on our customers and their needs is why UKG continues to be one of the most honored HCM and workforce management suite providers globally,said Chris Todd, CEO at UKG. About UKG At UKG, our purpose is people. As strong believers in the power of culture and belonging as the secret to success, we champion great workplaces and build lifelong partnerships with our customers to show what’s possible when businesses invest in their people. Born from a historic merger that created one of the world’s leading HCM cloud companies, our Life-work Technology approach to HR, payroll, and workforce management solutions for all people helps more than 70,000 organizations around the globe and across every industry anticipate and adapt to their employees’ needs beyond just work.

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EMPLOYEE EXPERIENCE

CentralSquare and UKG Partner to Bring Seamless Work Experience to Government Employees

CentralSquare Technologies | November 17, 2022

CentralSquare Technologies, an industry leader in public sector technology, today introduced a new technology partnership with UKG, a leading provider of HR, payroll, and workforce management solutions for all people. This partnership offers government agencies a more flexible and seamless technology experience via an integrated solution that allows people to focus on completing important actions related to finance and human capital management (HCM) without disturbing the flow of work. With this collaboration, CentralSquare’s Finance Enterprise and UKG Ready will fully integrate to provide municipalities and special districts a comprehensive, single-entry solution that combines administrative management of both financial and HR activities, empowering teams to achieve more by reducing the disruptions people regularly experience switching between business applications. “CentralSquare and UKG share a common commitment and it starts with people. Our public servants work tirelessly often with limited resources to improve the lives and communities they serve, By uniting two powerful GovTech solutions they can benefit from the smarter utilization of resources and real-time data to maximize their impact.” -Dara Brenner, CentralSquare’s Chief Product Officer CentralSquare Finance Enterprise provides broad, comprehensive financial software with Payroll including an integrated highly configurable general ledger, and powerful analytics. With a robust workflow engine, customers can accomplish complex tasks by automating multi-level approvals, notifications, and configuration options. In tandem, UKG Ready provides the same users with a streamlined solution for HR, talent, time and attendance, and scheduling to deliver a modern, personalized experience that increases efficiency, simplifies compliance, and unlocks happier outcomes. UKG is committed to strengthening the capacity and capability of government and does so every day by helping our public sector customers increase efficiencies for their most valuable resource – their people, Partnering together with CentralSquare is the right move as together we’ll provide an unmatched technology experience that will help local agencies better serve their communities by streamlining critical business processes and creating a seamless work experience for all employees,said Bob Lavigna, senior fellow, public sector, UKG. About CentralSquare Technologies: CentralSquare Technologies is the largest independent provider of public sector software solutions that empower local and state governments to build smarter, safer and more connected communities. Over 8,000 agency customers across North America rely on CentralSquare’s technology to deliver solutions ranging from computer-aided-dispatch systems, 911 and records management solutions which enhance public safety, to administrative products with finance, asset, compliance and case management capabilities that run government agencies more efficiently. As the market driver for advancing safety and justice with innovative technology, CentralSquare serves 3 out of 4 citizens across North America. The company is headquartered in Lake Mary, FL and has locations in North Carolina, South Dakota and British Columbia.

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Spotlight

Develop your people and drive performance with Grow, Lattice’s employee development tool. Grow helps companies make expectations crystal clear, turns managers into career coaches, and gives employees agency over their growth. With Lattice Grow, you’ll empower your employees to plan a future with you.

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