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According to HireVue, conventional hiring practices are ineffective and out of date, a belief shared by employees and job seekers globally.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Traditional "Rearview Recruiting," which bases recruiting decisions on resumes and qualifications, is based on outdated procedures.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.
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.
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.
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.
GlobeNewswire | October 25, 2023
Paylocity (NASDAQ: PCTY), a leading provider of cloud-based HR and payroll software solutions, today introduces two new products, Recognition & Rewards and Employee Voice, to help business leaders and HR teams build culture and employee engagement while attracting and retaining talent more effectively. Building on the company’s track record of innovation, including integrating generative AI in multiple areas of its HCM platform and delivering Community, a social collaboration hub, the two new products announced today bolster strong workplace connections in an environment where employees feel both valued and heard.
To drive employee engagement, Paylocity has announced a comprehensive solution that bridges the recognition and rewards gap, further enhancing productivity and retention. Paylocity’s new Recognition & Rewards product builds on popular peer recognition capabilities that are already part of the Paylocity platform. Recognition & Rewards includes automation to recognize common moments that matter like birthdays or anniversaries, and customization to tailor rewards programs with cash redemption. Employees can also socially celebrate everyday moments of achievement with emojis and likes.
We got a sneak peek at Paylocity's Recognition & Rewards, and it really impressed us. This new feature isn't just about rewards; it's about showing our employees they're valued. It helps bring our team together, beyond just tracking milestones, said Courtney Guppy, Senior Vice President of Human Resources for Crafton Tull. We're excited to incorporate it into our workplace culture, and we believe it will have a positive impact on our team and organization. Paylocity has done a great job with this one!
Unlocking the Power of Employee Feedback
Today, five different generations coexist in the workforce, bringing diverse mindsets and expectations to the office. Paylocity recognizes the pivotal role of organizational culture in talent retention. According to the 2022 Ernst & Young U.S. Generation Survey, more than 90% of employees consider culture a significant factor in their decision to stay with a company. Balancing the diverse interests and opinions of a multi-generational workforce presents a challenge for leaders, where effective communication is key to creating a harmonious workplace.
To address the critical issue of talent retention, Paylocity has introduced Employee Voice, which goes beyond traditional surveys by offering a unique approach to employee engagement and retention. Building on the Paylocity platform’s existing AI capabilities, Employee Voice combines cutting-edge technology with rigorous scientific principles, underpinned by a proprietary, statistically validated engagement model developed by Paylocity's Data Science team. Any organization, regardless of size, can leverage AI to automatically delve into employee sentiment. The resulting data and insights are easily made available to executives and managers to identify key drivers of engagement without overburdening HR teams. Employee Voice offers a foundation of best-practice action items, built from the experiences of more than 36,000 Paylocity clients, to help leaders track progress as they address the needs of their organizations.
Empowering Workers in a Mobile-First World
With today's workforce being more distributed and increasingly reliant on mobile devices, the need for seamless and intuitive mobile access continues to be critical. Acknowledging this shift, Paylocity has rolled out its next-generation mobile app. Building on the success of previous versions, this update includes a modern, intuitive home screen that unifies the information most relevant to each employee—new messages, tasks to complete, timesheets, and even an online hub where they can get important updates from leaders and connect with their peers. Customizable navigation ensures access to individuals’ most-used features via a single tap.
At Paylocity, we are focused on providing innovative solutions that not only envision but deliver the future of HCM today, said Steve Beauchamp, co-CEO of Paylocity. We understand the workplace is evolving, and with it, the needs of employees and organizations. These latest advancements reflect our mission to stay at the forefront of this transformation and push the boundaries of modern HR.
Recognition & Rewards and Employee Voice will be available in early 2024 for an additional cost. Users can download the new mobile app today at Google Play and App Store. For more information about these products and features, please visit www.paylocity.com.
Headquartered in Schaumburg, IL, Paylocity (NASDAQ: PCTY) is an award-winning provider of cloud-based HR and payroll software solutions. Founded in 1997 and publicly traded since 2014, Paylocity offers an intuitive, easy-to-use product suite that helps businesses automate and streamline HR and payroll processes, attract and retain talent, and build culture and connection with their employees. Known for its unique culture and consistently recognized as one of the best places to work, Paylocity accompanies its clients on the journey to create great workplaces and help all employees achieve their best. For more information, visit www.paylocity.com.
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.