Employee Benefits

Betterleave Bereavement Launches Exclusive, Bereavement Benefit for Employees

Workplace News
Betterleave Bereavement announced the launch of its bereavement care platform for employers and health plans, built to support employees experiencing the death of a family member, friend, colleague, pet or pregnancy loss. Companies use Betterleave to help employees navigate the complex bereavement landscape with the help of care coordinators and top death care experts, products & services together in one place, saving time and money. Betterleave's program delivers bereavement care through personalized funeral, memorial and estate coordination, life & financial planning, and integrated grief resources.

"Betterleave is addressing a critical gap in employer support by offering a platform that equips HR partners and managers with the tools & insights to support employees experiencing bereavement" 

- Tracy Desmond, Head of Global Benefits, Wellbeing & Mobility at Airbnb.
 

Betterleave is the only comprehensive bereavement benefit for employees, disrupting how the market and employers are approaching bereavement leave & support for working families. By offering tech-enabled, personalized coordination through the Betterleave platform, companies are able to support the wellbeing of their employees.

"At a time when the best talent is looking for more, Betterleave is offering employers a way to demonstrate that they truly care about their employees, We are excited to be part of Betterleave's quest to modernize the death care industry."

- Dana Zachgo Wright, Managing Director at MATH Venture Partners.
 

While the death care industry continues to take steps forward, the majority of providers are still stuck in the past. The experience individuals have today is fragmented, expensive and time consuming–taking over 500 hours to settle affairs after the death of a loved one. Driven by the mission to make understanding and navigating death care effortless, Betterleave has created a platform to help with the administrative, financial, and emotional impact of bereavement.

"We believe that bereavement care is a core and essential component of health and wellbeing, We are not solving for a temporary need or trend, but a fact of life. Bereavement impacts all of us and we plan to drive meaningful, digital & sustained change to the industry."

- Cara McCarty, Founder & CEO, Betterleave.

Founded in 2022, Betterleave is backed by HR Leaders, Strive Ventures, Math Venture Partners, and The Fund.

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Other News
Compensation Management

Pequity Announces Upcoming Launch of Employee Total Compensation Overview and Employee Portal

Newswire | October 04, 2023

Pequity, a leading innovator in compensation planning solutions, is excited to unveil its latest offerings designed to revolutionize the way organizations manage and communicate employee compensation. In recent months, Pequity has been at the forefront of developing cutting-edge HR solutions, and now, it is set to introduce the Employee Total Compensation Overview and a brand-new Employee Portal. Key Features of Pequity's Total Compensation Overview and Employee Portal: Empowering Employee Portal-The portal will enable employees to access their personalized compensation overview by simply signing up for a Pequity account. This user-friendly interface makes it effortless for employees to gain insights into their total compensation package. Clear Equity Display- Pequity eliminates the confusion surrounding equity compensation by presenting it at the grant level. This approach simplifies understanding and offers a real-time view of an employee's current equity status, enhancing transparency. Comprehensive Admin View- Administrators will have access to a comprehensive view of all components of an employee's total compensation. This includes a breakdown of equity and vesting schedules, providing a holistic understanding of compensation elements. This information is invaluable as it offers both administrators and employees a snapshot of their current standing and future earning potential as vested shares accumulate. Equity compensation has become increasingly vital in today's workforce. However, it remains a complex concept that is often poorly understood. Pequity's Total Compensation Overview provides a detailed snapshot of critical equity statistics, including total granted, vested, and unvested shares, as well as estimated values for each. The new employee portal takes transparency to the next level by offering a comprehensive breakdown of every compensation component. This empowers employees with unprecedented resources for negotiating raises, better financial planning, and ensuring they receive a comprehensive total compensation statement. The compensation overview also serves as a powerful tool for administrators and managers. It breaks down salary, equity, and bonuses, making compensation discussions more accessible and transparent. Administrators can also customize the displayed employee data to suit their needs. Pequity's Employee Compensation Overview and Employee Portal are set to launch in mid-October, marking a significant milestone in the realm of compensation management. To stay informed about the release and for early access, sign up for notifications. About Pequity Pequity is a leading provider of compensation management solutions designed to simplify the complexities of employee compensation. With a commitment to transparency and innovation, Pequity empowers organizations to make informed compensation decisions, driving employee engagement and organizational success. Learn more at pequity.com.

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Hr Analytics

Fisher Phillips Launches fpSOLUTIONS

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.

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Workforce Management

Lattice Unveils HRIS to Enable HR Teams Better Manage Tech Stack

Lattice | September 22, 2023

Lattice, an innovator in people management software, has announced the introduction of Lattice HRIS, a cutting-edge human resources information system designed to oversee employee records seamlessly and integrate with Lattice's existing suite of talent products. This integration empowers customers to analyze vital metrics, unearth invaluable insights about their workforce, substantiate the success of their HR initiatives, and automate change management processes throughout their organization. Lattice HRIS has been developed to assist growing enterprises in linking essential performance, engagement, compensation, and employee development initiatives with the data, policies, and procedures essential for their triumph. Companies can join an exclusive early access program waitlist today, affording them the opportunity to explore Lattice HRIS and provide input on the product prior to its public release next year. Jack Altman, CEO and co-founder at Lattice, shared his perspective on this milestone, stating, Lattice has spent eight years building products that assist HR leaders create enhanced employee experiences to build more meaningful careers, from performance management to employee engagement surveys to career development to compensation management — all based on the idea that people are the central asset for any company. [Source – Cision PR Newswire] He added that they had identified an opportunity to build upon the achievements of their talent suite and establish connections between high-impact talent programs and the necessary policies, documents, and reporting tools required by HR leaders to obtain a comprehensive insight into their employees. He noted that the initiative also aimed to streamline their HR technology stack. A recent survey underscores the growing desire among CEOs for HR to assume a central role in their businesses, with 90% expressing this sentiment. However, only 45% reportedly believe that they are effectively nurturing conditions for HR's success. As a result, HR leaders are actively seeking innovative HR tools that will position their teams for success, elevate performance, and drive business outcomes while supporting the growth and engagement of employees, managers, and teams. As the first HRIS in the market to operate alongside a top-rated, adaptable talent management suite, Lattice stands uniquely positioned to deliver an HR platform tailored to the needs of today's strategic HR leaders. Lattice HRIS empowers HR teams to enhance efficiency, effectiveness, and excellence across their organization through features that enable them to: Facilitate seamless onboarding experiences that not only ensure the capture of accurate employee information but also empower employees to hit the ground running on their respective projects. Analyze people metrics with precision, enabling HR leaders and executives to save, schedule, and share crucial people-related reports. Enable teams to track and manage attendance, holiday calendars, and leave effectively, with intuitive visualizations of time off balances to proactively address burnout. Visualize, compare, and unearth actionable people insights that inform strategic decision-making, enhancing employee engagement, reducing turnover, and advancing diversity initiatives. Seamlessly integrate with globally renowned payroll, hiring, benefits, and identity management companies, guaranteeing a seamless HR experience that caters to the comprehensive needs of HR teams. Construct workflows that automate employee communications and mitigate change fatigue by ensuring the right information reaches employees at the right time. Sarah Walker, who serves as the Head of People at LTSE and has experience as a Lattice HRIS beta user, emphasized the significant potential for transformation offered by Lattice HRIS. She observed that integrating strategy and performance is the pivotal role HR can fulfill within a company. According to her, there is a need to establish greater efficiencies to support the efforts of their people leaders in this regard. Sarah Walker pointed out that Lattice HRIS provides a consolidated platform for their people leaders to address these requirements and facilitate the deeper integration of HR into the business. Mid-sized US-based entities can now enroll in the early access program. About Lattice Lattice's people management platform offers an interconnected and intuitive suite of HR tools designed to drive excellence and nurture people-centric cultures. Combining an HRIS with continuous performance management, employee engagement surveys, compensation management, and career development tools, Lattice's platform empowers HR teams to invest in their people and accelerate business outcomes. With a presence in North America, the UK, and Europe, Lattice serves over 5,000 customers worldwide, including Gusto, Slack, Ramp, Intercom, Tide, and many more. The company has earned a spot on the Inc. 5000 list of the fastest-growing private companies for four consecutive years and boasts a 99% Great Place to Work rating among its employees.

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Recruitment & Retention

HireVue's 'Human Potential Intelligence' Revolutionizes Recruitment

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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