Workers Compensation
Paycor | September 18, 2023
LaborIQ, an emerging tech firm specializing in market compensation software, and Paycor, a prominent supplier of human capital management (HCM) software, have unveiled a referral partnership aimed at assisting HR leaders in talent recruitment, management, compensation, and professional development with market-competitive salary insights for all job roles across the US.
The strategic referral alliance is geared towards equipping Paycor clients with the most competitive salary recommendations tailored to today's job market demands. Additionally, it offers solutions for employee retention, fostering growth within their organizations. Claudine Zachara, President & COO of LaborIQ, expressed her delight in partnering with Paycor, acknowledging their dominant position in HCM solutions for HR teams.
She stated,
LaborIQ’s compensation software, together with Paycor, creates an advantage for companies who need today’s answers for reducing pay gaps and hiring. Technology, methodology and speed have significantly evolved in the HR tech space.
[Source: BusinessWire]
Paycor clients will now enjoy exclusive advantages from LaborIQ's software. This collaboration offers unrestricted access to salary recommendations and pay benchmarks for a vast database of over 20,000 job positions.
About LaborIQ
LaborIQ is at the forefront of modernizing how US organizations access market-competitive compensation recommendations. The company believes that to compete for talent and achieve success, organizations must have access to unparalleled salary data quality, supported by rigorous labor market research, analysis, and validation. LaborIQ empowers HR teams to expedite hiring processes, reduce turnover, and ensure precise compensation decisions, earning the trust of thousands of users who rely on them for salary recommendations, pay gap closure, and streamlined pay transparency strategies.
About Paycor
With over three decades of experience, Paycor has established itself as a leader in human capital management. The entity’s HCM platform revolutionizes all facets of people management, encompassing recruitment, onboarding, payroll processing, career development, and talent retention. What truly distinguishes Paycor is its unwavering focus on leaders, stemming from more than 30 years of listening to and collaborating with leadership teams. This extensive experience has equipped Paycor to understand leaders' unique needs, resulting in a unified HR platform with seamless integration capabilities, robust analytics, talent development resources, and adaptable technology tailored to meet specific industry requirements. Trusted by a community of over 30,000 customers, Paycor is the preferred partner for addressing HR challenges and achieving organizational goals.
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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.
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Workforce Management
Beeline | September 15, 2023
Beeline, a leading technology solutions provider for overseeing the global extended workforce, has unveiled two new products designed to tackle workforce challenges that were previously unaddressed in the industry. These innovations, known as Beeline Professional and Global Workforce Intelligence, represent a significant step forward in the management of extended workforces.
With a wealth of experience spanning over twenty years, Beeline has played a notable role in shaping the evolution of the extended workforce industry. In recognizing two major shortcomings within the industry—vendor management systems (VMS) primarily catering to large enterprises and the untapped potential for talent visibility and compliance—Beeline has launched these additions to the Beeline Extended Workforce Platform.
Beeline Professional has been crafted to meet the specific needs of emerging and expanding extended workforce programs. It stands as the first VMS solution that can be effortlessly activated, featuring pre-configured templates, workflows, dashboards, and reports modeled after the best-in-class programs. Beeline Professional brings scalable extended workforce management, automation, and efficiency to companies with annual non-employee labor expenditures ranging from $1 million to $25 million.
Doug Leeby, Beeline's CEO, stated,
For far too long, extended workforce solutions have catered to enterprises and ignored the unique needs of mid-sized programs. Using insights from over the last 20+ years in the industry, Beeline Professional is uniquely tailored to meet the core needs of mid-sized programs without compromising quality and innovation.
[Source: PR Newswire]
Up until now, achieving complete visibility across an organization's entire extended workforce has been a challenge for enterprises. Global Workforce Intelligence, however, offers a solution by aggregating data not only from the company's VMS but also from other systems housing external workers that are not captured in the VMS. This comprehensive workforce visibility enables thorough accounting, analysis, and proactive risk management across the entire extended workforce spectrum. Importantly, Global Workforce Intelligence is compatible with any VMS, not limited to Beeline's.
Extended workers play a crucial role in an organization's overall workforce and talent strategy. Beeline's mission is to empower companies to gain a competitive edge by optimizing their extended workforce. The introduction of these two innovative products marks another milestone in Beeline's journey toward fulfilling this mission.
About Beeline
For over two decades, Beeline has been a competitive force in empowering global businesses to gain an edge in the industry through effective management of their extended workforce. The Beeline Extended Workforce Platform equips companies with the essential visibility needed to proactively mitigate risks, achieve cost savings, and adapt to evolving business needs.
Beeline specializes in delivering tailored solutions that specifically address the intricate challenges posed by the extended workforce. Clients benefit from a diverse range of Beeline products, designed to cater to their unique requirements. Through seamless integration capabilities, Beeline's clients can effortlessly consolidate their extended workforce data from various technology platforms, including major procurement and HR systems, enabling a comprehensive approach to workforce management.
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HR Strategy
Newswire | October 20, 2023
Arcoro®, a proven provider of human resources (HR) management solutions for the construction industry, announced several exciting new partner relationships as well as the launching of its own payroll solution. The announcements occurred at the 2023 Partner Conference and Arizona Construction Workforce Management Summit held in Phoenix, AZ, on Oct. 17.
Arcoro is adding HCSS and ABC Insurance Trust to its trusted partner network as well as expanding its partnership with Aktion & Associates. Arcoro is also launching its own payroll solution to complement the company’s Core HR module, simplifying the payroll process even more for current and prospective customers. The solution has been made for construction, which includes payroll processing, the filing of taxes, and, if needed, providing certified payroll reporting to maintain compliance.
Arcoro is extremely excited to announce our very own Construction Certified Payroll Module and our partnership with HCSS and the ABC Insurance Trust. In addition, we are excited to expand our relationship with Aktion & Associates in being our first true reseller within the Sage and Acumatica eco-systems, says Chad Mathias, Senior Vice President of Sales & Strategy. These four key announcements reflect Arcoro’s commitment to our clients and the construction industry. We anticipate a warm reception from the construction marketplace and look forward to an exciting 2024.
About Arcoro’s newest partners:
HCSS is the trusted leader in construction software for estimating, field entry, project management, safety, digital plans, fleet management and telematics. For 35 years, the company has used annual user group meetings to listen to customers resulting in innovative software to manage every part of the project lifecycle. With 24/7 instant support and a proven implementation process, HCSS has helped improve operations for over 3,500 companies ranging from $1M to billions in revenue across the United States and Canada.
ABC Insurance Trust and its subsidiary ABC Insurance Services, Inc. provide employee benefits, plans and services to ABC (Associated Builders and Contractors) member companies and chapters. The Trust has more than 60 years of experience helping construction companies navigate the ever-changing benefits landscape. The Trust staff includes noted experts on employee benefit design, compliance, prevailing wage regulations and other benefits issues that impact the construction industry. The Trust is well known for its unique proprietary plans, top-shelf customer service and commitment to helping ABC members improve their benefits offerings.
Aktion Associates, Inc. is a national software reseller and IT infrastructure provider focused on the architectural, engineering & construction and distribution and manufacturing industries. Aktion Associates delivers industry-specific and market-leading application solutions coupled with application solutions with proven business process transformation skills that deliver the best Net Promoter Scores in the ERP industry for small and medium-sized businesses.
About Arcoro
A rapidly growing SaaS company, Arcoro offers proven modular HR solutions for the construction and contracting industries. The company’s leading product suite and software platform offer end-to-end HR functionality to help drive business outcomes. With Arcoro’s flexible solutions, customers select the modules that meet their needs for talent acquisition, talent management, core HR, benefits administration, time, and attendance tracking and more. Learn more at arcoro.com.
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