Compensation Management
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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Employee Experience
KellyOCG | September 20, 2023
KellyOCG, the consulting and outsourcing arm of Kelly, has unveiled the latest iteration of the Kelly Helix technology platform. This unveiling marks the debut of two groundbreaking solutions: Kelly Helix Analytics and an upgraded Human Cloud solution, both designed to elevate user experiences and deliver enhanced value to clients.
Kelly Helix Analytics represents a significant step forward in their Talent Analytics portal's evolution. It leverages cutting-edge technical architecture to deliver real-time, customized data to clients, thereby enhancing the effective management of their external workforce.
This innovative solution introduces unparalleled transparency, providing businesses with a comprehensive view of their external workforce, encompassing global rates, performance metrics, and supply chain efficiency. The newfound clarity enables organizations to develop more agile and effective workforce strategies.
Kelly Helix Analytics offers the ability to tailor dashboards to specific user groups. This customization ensures the delivery of real-time, relevant, and actionable information to hiring managers and stakeholders. These insights enable better decision-making and increased productivity. Accessing KellyOCG's enhanced Human Cloud solution through Kelly Helix UX streamlines the process of acquiring and managing freelance talent for businesses. This simplified access empowers businesses with the confidence to identify the right individuals for their specific tasks.
Streamlining engagement, KellyOCG provides an intuitive platform for businesses to independently search for and engage with freelancers. This simplifies the talent acquisition process, making it more efficient.
Tammy Browning, President of KellyOCG, expressed her enthusiasm about the platform's evolution, stating,
I am delighted to announce the strategic progression of the Kelly Helix technology platform. When we introduced Kelly Helix UX in 2021, our objective was clear: to enhance our clients' experience and simplify their journey.
[Source: Cision PR Newswire]
The tool empowers hiring committees to actively participate in talent acquisition by directly searching for and selecting freelancers aligned with their specific needs and criteria. Furthermore, the solution offers enhanced visibility into the freelance workforce, providing businesses with valuable insights. These insights empower decision-makers and optimize resource allocation.
As industry leaders in talent management, KellyOCG ensures that clients remain at the forefront of the Human Cloud revolution. This allows organizations to confidently access the global pool of freelancers, supported by our trusted expertise.
About KellyOCG
KellyOCG connects companies with the talented people they need to fuel and grow their business through a global talent supply chain and workforce solutions, including Managed Service Provider and Recruitment Process Outsourcing. With decades of industry experience and a commitment to technology-driven solutions, KellyOCG serves a global client portfolio across various industries in North America, APAC, and EMEA.
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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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Payroll
HiBob | September 07, 2023
HiBob, the modern HR platform that powers productivity, engagement and retention, and Papaya Global, a leading HR and payroll solution provider, has partnered to offer robust HR-integrated payroll solutions for multinational companies. By integrating HiBob's HR data with Papaya's platform, organizations can streamline global payroll and payments, optimizing processes and improving operational efficiency. This partnership addresses the critical need for seamless HR and payroll solutions in today's global workforce landscape.
With this collaboration, organizations can seamlessly integrate HR, PTO (Paid Time Off), and compensation data from HiBob with Papaya Global's platform. This real-time data synchronization empowers multinational companies to consolidate and optimize their people and payroll processes. As a result, customers can unlock new opportunities, enhance operational efficiency, and maintain agility in a constantly evolving global business landscape. This partnership aims to address the specific needs of multinational organizations, ensuring they have the tools to navigate the challenges of managing a global workforce effectively.
Furthermore, the partnership ensures compliance with local tax regulations, labor laws, and data privacy requirements, facilitating smoother global expansion efforts for organizations. With Papaya Global's recognition as one of TIME Magazine's 100 Most Influential Companies of 2023 and HiBob's acknowledgment as a TIME Magazine Best Invention of 2022, customers can trust this compliant and user-friendly solution supporting their global expansion efforts.
CEO of HiBob, Ronni Zehavi, commented,
We are thrilled to announce this alliance. It will be a game changer for companies struggling with payroll complexities in managing their global workforce. This integration strengthens our commitment to providing world-class HR and payroll management solutions to multinational companies, granting them the tools they need to thrive in today's dynamic business environment.
[Source – Cision PR Newswire]
About HiBob
Founded in 2015, HiBob is a leading force reshaping contemporary workplaces with its cutting-edge HR platform, 'Bob.' The company's platform simplifies the intricacies of HR processes, introducing a revolutionary and user-friendly tool that impacts every employee throughout the organization. HiBob thrives on a culture of innovation, continuously engaging in learning loops to trigger significant cultural transformations for companies with dynamic and distributed workforces.
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