Bonusly, the platform for employee recognition, raises $9 million Series A

Bonusly | June 01, 2020

Bonusly, a platform that involves the entire organization in recognizing employees and rewarding them, closed on a $9 million Series A financing round led by Access Venture Partners. Next Frontier Capital, Operator Partners and existing investor FirstMark Capital also participated in the round.

Spotlight

Almost every business leader will say that people are their most important asset, but few do anything about it. If you are going to take this principle seriously then human capital planning is crucial. The Human Capital Plan is an important tool that organizations use to drive focused actions that can ensure goal achievement and business success. It allows organizations to assess, plan for, and respond proactively to its human capital challenges and needs. It helps shape the organization by building a plan to develop the workforce and practices needed to meet an organization’s vision, mission, and goals. Human capital challenges such as having capable leaders, building workforce skills, driving high performance, and ensuring retention of top talent can be addressed through effective human capital planning. The Human Capital (HC) Plan will establish a framework of policies, practices, and actions that guide your efforts in meeting these workforce needs.


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HR PRACTICE

Cynet Systems Earns Supplier Excellence Award from KellyOCG® for Delivering Unrivaled Workforce Solutions

Cynet Systems | June 02, 2022

Cynet Systems was one of 28 suppliers recently recognized at a virtual ceremony by KellyOCG®, the outsourcing and consulting group of Kelly, with a Supplier Excellence Award for providing superior workforce solutions with a focus on service, results, and a strategic partnership that made a significant positive impact on the KellyOCG business. Award winners represent top-performing suppliers across North America, EMEA and APAC and are less than 1% of the total KellyOCG supply chain, which includes 3,000 active partnerships across 140 countries. The tenth annual event celebrated this year's honorees, which included four diversity-owned suppliers within the KellyOCG Supplier Excellence and Going the Extra Mile award categories and a Rookie of the Year award recipient. Cynet Systems was one of 26 Supplier Excellence Award winners. Winners in this category are evaluated on performance across several programs for hires, and response and hit rates, legal compliance, and operational partnerships with Kelly stakeholders. "Our global supplier community is essential to supporting our customers with talent solutions that solve their most challenging workforce needs to move their business forward. We congratulate all our 2021 Supplier Award winners and thank them for their ongoing partnership and support, Cynet Systems is among an elite group of high-performing suppliers who are critical to the work of the future. We're honored to recognize them for their exceptional performance to connect customers with the full spectrum of top talent around the world." -Pam Sands, Vice President of Product Management and Partnerships for Kelly. About Cynet Systems Headquartered in the Washington DC Metro Area, Cynet Systems is one of the most awarded Staffing firms in the US successfully adding value to various Fortune companies as a trusted diversity supplier. Since our humble inception in 2010, Cynet today spans 4 countries and employs over 3000 members. We continue to resolve our valued clients' challenges across technical and engineering disciplines, as well as many professional verticals. At Cynet, we have invested heavily in our tech stack and have implemented data & analytics-driven recruiting strategies, including heat maps and predictive analysis to pipeline effectively, reduce turn-around-time and improve quality. Many of our processes are automated to increase speed, without compromising quality. We are millennial-friendly with 100% digital & mobile-friendly recruitment and onboarding processes. About KellyOCG® KellyOCG connects companies with the talented people they need to fuel and grow their business through our unrivaled global talent supply chain and leading workforce solutions including Managed Service Provider (MSP) and Recruitment Process Outsourcing (RPO). We combine decades of people industry experience with proprietary insights and a continued focus on technology to produce world-class programs that meet an organization's unique workforce needs and can start them on their journey to total talent management. Our ability to anticipate what's next for talent solutions drives us to challenge the status quo making us a trusted partner for our global client portfolio, which spans leading industries across North America, APAC and EMEA.

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EMPLOYEE ENGAGEMENT

PCG Announces New Employee Support and Engagement Efforts as Pandemic Continues

Public Consulting Group | December 20, 2021

Public Consulting Group (PCG) announced new action and additional measures to support and engage employees as the pandemic continues. This week, the firm provided a $1,000 stipend to each of its nearly 3,000 employees to assist with COVID-related personal, family, or living expenses. This marks the second time PCG has provided financial resources to all employees to offset the impacts of COVID. The stipend is in addition to the traditional Holiday bonus employees receive. Full office openings have also been postponed indefinitely as PCG prioritizes safety and flexibility for its nearly 3,000 employees. Specifically, the firm is using technological resources to identify and support new options to design and sustain a hybrid workplace for its workforce. These options include a desk reservation system that enables employees to decide when and how they physically go into a PCG office to work, and to facilitate social distancing. PCG is taking the celebration of its 35th year in business fully virtual and providing every employee with $35 toward the lunch of their choice during the virtual event. "The safety and well-being of our people is our first priority. The pandemic has created new personal and professional responsibilities for our employees and we have responded with creativity to support our people at home and at work. The past 18 months have tested many long-held assumptions at PCG, and one we now recognize as a fact is that PCG's sense of community and culture of innovation do not rely on the physical presence of our people, they are activated wherever our people are. We will continue to support that. PCG employees work effectively from everywhere, "There's no reason we cannot also come together in celebration from everywhere." -PCG Founder and CEO William Mosakowski Founded in 1986, PCG has grown over 35 years to nearly 3,000 people across the U.S., Canada, and Europe and has galvanized them around a commitment to helping public sector organizations make life better for people. The company marks its 35-year anniversary this month. An in-person celebration had been planned for the event, but the company decided to take the celebration virtual in the wake of a new pandemic strain. Ripplematch recently named PCG among the Next Gen 100 Top Workplaces, featuring companies and organizations that invest in programs, benefits, and culture that promote personal and professional success. In conjunction with the ranking, Ripplematch issued What GenZ Wants, a report on what GenZ values in a workplace. Flexibility is chief among valued benefits. PCG has made significant contributions to combatting COVID-19 as a trusted partner to public health authorities for contact tracing services in several states: New York, Wisconsin, New Jersey, Ohio, Pennsylvania, Arkansas, and South Carolina. About Public Consulting Group Public Consulting Group LLC (PCG) is a leading public sector solutions implementation and operations improvement firm that partners with health, education, and human services agencies to improve lives. Founded in 1986 and headquartered in Boston, Massachusetts, PCG employs over 2,500 professionals worldwide—all committed to delivering solutions that change lives for the better. The firm has extensive experience in all 50 states, clients in six Canadian provinces, and a growing practice in Europe. PCG offers clients a multidisciplinary approach to meet challenges, pursue opportunities, and serve constituents across the public sector.

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TALENT MANAGEMENT

Staffing Employment Rebounds in Third Quarter

American Staffing Association | December 21, 2021

U.S. staffing companies employed an average of 2.7 million temporary and contract workers per week in the third quarter of 2021, according to data released today by the American Staffing Association—up approximately 90,600 from the second quarter. Staffing employment and sales have historically seen quarter-to-quarter gains following first quarter declines. While the second quarter of 2021 diverged from this trend, third quarter data showed a return to growth—with staffing jobs increasing by 3.5% quarter-to-quarter and temporary and contract staffing sales growing 3.1%. "U.S. businesses are turning to the staffing industry for help in filling millions of current job openings, The staffing industry is playing an increasingly important role in today's labor market by providing talent sourcing expertise and workforce flexibility to employers in need of workers, and helping candidates find roles that are the right fit." -Richard Wahlquist, ASA president and chief executive officer. On a year-to-year basis, staffing jobs rose 15.2% in the third quarter of 2021 from the same period in 2020—which was still early in the economy's recovery from the initial hit of the Covid-19 pandemic. Temporary and contract staffing sales totaled $36.1 billion in the third quarter, an increase of 21.8% from the third quarter of 2020. Staffing firms are optimistic about the fourth quarter of 2021, projecting their revenue to grow 9% year-to-year and anticipating an increase of 19% for the full year of 2021 compared with 2020. About the American Staffing Association The American Staffing Association is the voice of the U.S. staffing, recruiting, and workforce solutions industry. ASA and its state affiliates advance the interests of the industry across all sectors through advocacy, research, education, and the promotion of high standards of legal, ethical, and professional practices.

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HR STRATEGY

SIA Honors Leo Russell in Staffing 100 North America List

Pride Global | March 07, 2022

In recognition of his continued leadership and innovative approach to human capital solutions, Pride Global Founder and CEO Leo Russell has been honored with inclusion on the 2022 Staffing 100 North America list published by Staffing Industry Analysts (SIA). Previously named to the 2021 list, Russell's bold approach to navigating a dynamic employment market and establishing his company's new Decidedly Diverse initiative secured his spot for the second year running. In its announcement of the list's publication, SIA highlighted the unique challenges faced by staffing industry leaders in 2021. "Working relentlessly to move their companies and the workforce solutions ecosystem forward," said SIA editor and publisher Subadhra Siriam, "these intrepid professionals have done what it takes to ensure the workforce solutions ecosystem continues to thrive." "Helping people find work in America—and now, around the globe—is truly as good as it gets, I'm honored to be included among so many incredible professionals in our industry, and I'm looking forward to doing my part to ensure we're helping the world work in every possible way." -CEO Leo Russell Russell launched Pride Global in 1983 as Pride Technologies, initially focusing on providing IT services to the financial industry. In the decades since, Russell oversaw the company's transformation to an international enterprise with more than 4,500 associates across 10 brands. In addition to his work with Pride Global, he has founded Pride in Education, a 501(c)(3) nonprofit organization that offers a full range of vocational training and educational opportunities for diverse communities, as well as the Diversified Staffing Alliance trade association, which provides firms with diverse ownership access to business opportunities with leading corporate clients. About Pride Global Pride Global is a minority-owned integrated human capital solutions firm that helps companies solve complex human resource challenges from its headquarters in Manhattan. The Pride Global network of companies operates throughout the U.S., U.K., India, and Brazil, offering a comprehensive range of human resources solutions, including managed services, vendor management, payroll programs, business process optimization and staffing for both direct hire and contingent labor, among others.

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Spotlight

Almost every business leader will say that people are their most important asset, but few do anything about it. If you are going to take this principle seriously then human capital planning is crucial. The Human Capital Plan is an important tool that organizations use to drive focused actions that can ensure goal achievement and business success. It allows organizations to assess, plan for, and respond proactively to its human capital challenges and needs. It helps shape the organization by building a plan to develop the workforce and practices needed to meet an organization’s vision, mission, and goals. Human capital challenges such as having capable leaders, building workforce skills, driving high performance, and ensuring retention of top talent can be addressed through effective human capital planning. The Human Capital (HC) Plan will establish a framework of policies, practices, and actions that guide your efforts in meeting these workforce needs.

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