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According to HireVue, conventional hiring practices are ineffective and out of date, a belief shared by employees and job seekers globally.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Traditional "Rearview Recruiting," which bases recruiting decisions on resumes and qualifications, is based on outdated procedures.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.
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.
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.
AllianceHCM | September 11, 2023
AllianceHCM, a leading human capital management (HCM) software provider, has unveiled its latest software update, featuring artificial intelligence enhancements designed to streamline the recruitment process. These innovations aim to assist organizations in building their dream team’s efficiently.
The AI job description builder accelerates the recruitment process by reducing the time spent crafting compelling job descriptions, addressing a critical need in today's competitive hiring landscape. The AI resume summary generator enhances efficiency by providing concise candidate summaries, aiding recruiters and hiring managers in identifying suitable candidates.
AllianceHCM is one of the nation's agile and innovative HCM software providers, catering to HR professionals and organizations seeking efficient talent acquisition solutions. Its software update is accessible to its user base, including HR professionals and businesses across the United States.
Chief Technology Officer at AllianceHCM, Paul Fleischman, remarked,
Customers always tell us that hiring the right people quickly is a top priority. We're committed to pushing the envelope to help HR and business leaders, and using AI in recruiting minimizes some of the biggest pain points of hiring.
[Source: Cision PR Newswire]
Paul further emphasized other innovative customer-driven enhancements that their team will release in the near future.
This update introduces an AI-powered job description builder, enabling HR professionals to swiftly create precise and engaging job descriptions. This tool leverages AI to incorporate industry trends, HR best practices, and job requirements, resulting in descriptions that resonate with potential candidates. Additionally, AllianceHCM introduces an AI-driven resume summary generator, which automatically extracts essential qualifications, experiences, and achievements from submitted resumes, simplifying the initial screening process. These AI-driven enhancements are seamlessly integrated into the existing AllianceHCM platform, benefiting current users and furthering the company's dedication to supporting efficient and effective recruitment practices.
AllianceHCM is committed to delivering a comprehensive human capital management system tailored to the specific requirements of our valued customers. Its technology is designed to address the essential needs of managers, payroll experts, and HR professionals, offering a seamless solution for hiring, compensating, and effectively managing employees. What sets the company apart is its commitment to exceptional customer service, ensuring that its clients receive the same level of support that its founding customers enjoyed over 30 years ago when HR technology was in its infancy. Currently, AllianceHCM products provide a unified and secure solution that seamlessly integrates with the existing platforms, granting the freedom to redirect focus towards serving the businesses' own customers.
PR Newswire | September 29, 2023
HiBob, the company behind Bob, the HR platform transforming how organizations operate in the modern world of work, is pleased to announce the integration of notable benefits administration provider bswift, into its versatile Payroll Hub. This much anticipated collaboration marks a significant advancement in the HR landscape, offering US customers flowing and efficient solutions to manage all their benefits administration needs.
The eagerly awaited feature - Payroll and BenAdmin - allows HR professionals to unify all benefits administration activities in one convenient place. This includes monitoring ongoing staff or policy changes, updating vendors with employee data, and ensuring that all employee details are up-to-date. Customers will benefit from having a single source of truth that easily and quickly connects to other essential systems used for administration. By eliminating duplication and reducing human error, these solutions promise to increase efficiency and enhance accuracy for HR professionals and organizations alike.
bswift is thrilled to partner with HiBob to enhance the experience for our shared customers. We value the seamless integration that allows data to move swiftly between our platforms, streamlining processes and reducing manual tasks. This collaboration exemplifies the commitment of both companies to prioritize our customers, says Don Garlitz, Senior Vice President of Partnerships at bswift.
The benefits administration integration marks a significant step towards HiBob's overarching goal of enhancing the overall function and value of its Payroll Hub. By incorporating benefits administration solutions into the platform, HiBob aims to provide HR professionals with comprehensive and coherent experience particularly for those managing multi-site or global workforces.
"The importance of a comprehensive benefits administration solution cannot be overstated, particularly in the United States, where managing employee benefits is crucial for companies to attract and retain top talent. The integration allows for quicker payroll processing, reducing manual work, and guaranteeing data accuracy," says Ronni Zehavi, CEO at HiBob.
"Just like running a payroll hub pay cycle, our integration simplifies the process of bringing in demographic information to expedite enrollments including medical insurance and many other employee benefits. It provides quick and automated access to select people data, providing a hassle-free and secure experience for end users and employees," Zehavi concluded.
For more information about HiBob's Payroll Hub and the new BenAdmin Hub feature, please click on here.
HiBob is at the forefront of HR innovation, transforming the way organizations operate in the modern world of work with its award-winning HCM 'Bob'. Its modular approach caters to the needs of multinational companies seeking agile technology and robust analytics to support operations across distributed workforces in the ever-evolving economic and workplace landscape. Companies using Bob are able to accelerate hiring, retain the best talent, upskill and elevate employee experience.
More than 3,400 global businesses serving hundreds of thousands employees worldwide - including Uala, SugarCRM, The Josh Bersin Company Fiverr, The&Partnership, and VaynerMedia - appreciate its ease of use, high configurability and the ability to customize based on business requirements. The platform's high adaptability and focus on people engagement and community creation are seen in its consumer-grade user interface, providing easy access to HR processes while fostering engagement.
Awarded one of the best places to work in 2023, HiBob's global team of "Bobbers"come together to build the exceptional in an inclusive and empowering culture.
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.
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.