RECRUITMENT & RETENTION
Compete and Globalization Partners | September 21, 2022
Compete, developers of the leading SaaS platform for real-time compensation and benefits benchmarking, has announced that it will be partnering with (G-P), the leading Global Employment Platform™ that makes it fast, simple, and compliant for companies to hire anyone, anywhere. Together, they will enable companies to hire talent in over 187 countries smartly and competitively.
This announcement follows the launch earlier this year of G-P Recruit by Globalization Partners. G-P Recruit provides G-P Customers with exclusive access to an unrivaled network of global recruiting specialists to find the perfect talent based on their unique requirements, including industry, location, prior roles, and more. Given how benchmarking salaries and benefits is one of the most significant components of the hiring process, Globalization Partners was looking for an organization capable of integrating this data into its global employment platform. This is essential to enable companies to quickly identify and hire new team members in key locations globally.
Compete provides immediate insights into complete compensation package data and enables organizations to develop more effective workforce management strategies. Compete empowers leaders with analysis of over 50 types of benefits, real-time benchmarking data, advanced analytics, and tailored insights to support hiring decisions, identify risks, improve retention, and develop informed compensation policies.
"Companies are trying to navigate the challenges of hiring talent as employee motivations have shifted beyond monetary benefits to include things such as more flexible remote working environments, more accommodating leave policies, and the like, We are excited about this integration with Compete to empower customers worldwide with insights on the compensation packages unique to each region and to support their ability to hire talent with just a few clicks via our platform.”
-Nick Adams, Director EMEA at Globalization Partners
The real-time benchmarking of compensation data provided by Compete reflects a dynamic talent environment. This is one where organizations are reliant on accessing the right data to make smart decisions around talent acquisition to reduce the pay and equity gap many organizations are experiencing.
Partnering with an industry leader like Globalization Partners reinforces our value proposition of providing organizations with a 360-degree understanding of real-time compensation benchmarking data, Our data, when combined with the global footprint of Globalization Partners, enable any organization regardless of location to gain a competitive advantage in the job market,said Amit Rapaport, CEO and Co-Founder of Compete.
Visibility into common compensation and benefits practices is a must for developing workforce management strategies. Taking the guess out of guesswork, Compete gives an unfair advantage with immediate insights into complete compensation package data, including parental leave, work from home policies, and health benefits. An easy-to-use SaaS solution, Compete provides real-time data and instant analysis with advanced filtering capabilities perfectly tailored for tech companies. Founded in 2020 and headquartered in Israel, Compete is trusted by hundreds of leading tech companies around the world.
About Globalization Partners
Hire international talent quickly and easily. Use our AI-driven, automated, Global Employment Platform™ supported by our in-house, worldwide HR experts. Trust the named industry leader that consistently attains 98% customer satisfaction ratings. Globalization Partners: Succeed Faster.
HR ANALYTICS, HR STRATEGY
Paylocity | October 19, 2022
As organizations navigate tight labor markets and increasing employee expectations, one thing is clear: The role of HR continues to expand. HR teams need to bridge the gaps across their respective organizations to fuel collaboration and help employees connect with their work and each other. That was the dominant discussion theme at Elevate, Paylocity’s 14th annual customer conference where nearly 4,000 attendees representing HR, Finance, IT, and Operations functions gathered to explore trends, share best practices, and learn more about Paylocity’s latest platform enhancements that help HR serve as the hub of a more connected organization.
Taking place over two days, Elevate featured more than 100 sessions with industry influencers, Paylocity leaders, and peer meetups where attendees could share experiences, ask questions, and keep up with the rapid evolution of the HR function.
Connected HR is a Key Driver to Unlocking Business Potential
At this year’s conference, the underlying buzz centered around “Connected HR” – the concept that because HR sits at the intersection of employees, leaders, and their organizations, modern HR teams need technology that’s as connected to the business as they are to solve big challenges. For example, fragmented processes and systems prevent true automation and streamlining of manual tasks throughout the business. Another issue is ineffective communication and collaboration across the organization, made even more difficult by geographically dispersed teams and varying communication preferences. Still another challenge, especially in the era of “quiet quitting,” is creating a strong culture and shared purpose across the organization.
Paylocity Highlights Platform Capabilities to Address Today’s HR Challenges
At Elevate, Paylocity highlighted modern solutions and recent enhancements that address these challenges:
Streamlining and connecting companywide processes with enhanced Paylocity Workflows. Paylocity has expanded the functionality of Workflows, the process automation engine in the Paylocity platform that improves efficiency and data accuracy. Customizable Workflows can automatically collect employee information, assign recurring training, collect documentation and certifications, and get supervisor sign-off for completion of courses in the Learning Management System—all while syncing automatically to a single employee record.
Ensuring the availability of accurate employee data and insights across the organization for better decision making. My Insights, released earlier this year, provides customizable, shareable dashboards that simplify analysis and exporting of real-time data and performance metrics contained in Data Insights, Paylocity’s data visualization and reporting engine. More than 6,000 clients already use My Insights, including Listerhill Credit Union, a financial services company with hundreds of employees in multiple states. Using Data Insights, Listerhill identified more than $200K in annual operational efficiencies.
Improved communication with employees and collaboration across teams. Paylocity continues to add features to Community, its online social collaboration hub. New announcement templates and scheduling capabilities simplify one-to-many communication from leaders and enable employees’ voices to be heard. And a new Video Hub centralizes all the video content created by the company and employees in one place—making it easy to share engaging content companywide and track engagement. Paylocity has also added more capabilities into its mobile app, including chat and video to support recruiting, onboarding, and ongoing communications; as well as access to all company communications and every module in the Paylocity platform from employee smartphones. Usage of the Paylocity mobile app continues to grow—with a 27% increase in mobile users since the beginning of 2022.
Building culture and a sense of purpose with tools to support the modern workforce. Unlike legacy HRIS tools, Paylocity differentiates its platform with features that enable better communication, connection, and collaboration. Employee-centric features are even embedded in core HR functionality. To help employees connect with their peers in more meaningful ways, the traditional organizational chart has been reimagined to not only show reporting structures but also foster connection and collaboration by including social profiles and 1:1 chat. Enhancements to Paylocity’s LMS provide opportunities for employees to create content by recording their own training videos and easily share them via Community.
Martin Resorts which owns and operates five boutique hotels in California—uses Community to help educate employees on employee benefits and build connection across its diverse employee population. “Paylocity provides our staff with a single platform that allows them to access so much information, from feedback surveys to their pay stub to their W-2. Community is a tool where they can communicate and collaborate with each other, their managers, and leadership,” says Sara Kennedy, Director of People and Culture.
The improved awareness and communication helped Martin Resorts improve employee engagement as well as 401(k) participation. By using Community to promote the benefits of its 401(k)-match program, Martin Resorts saw sign-up rates triple, which will ultimately impact employee satisfaction and retention.
“Given HR’s broadening scope, modern HR technology must evolve beyond streamlining HR processes to become a hub for the whole company—a single employee system of record and capabilities that unify people and processes across the organization around a common purpose, With those goals in mind, HR is now touching every part of an organization. That means HR systems need to not only drive automation but also drive greater connection among teams and every employee to help the modern organization reach its full potential.”
-Steve Beauchamp, Co-CEO of Paylocity
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.
HR STRATEGY,EMPLOYEE BENEFITS
UKG | November 25, 2022
UKG, a leading provider of HR, payroll, and workforce management solutions for all people, today announced winners of the UKG Aspire 2022 Innovation Awards, which celebrate customers using UKG people technology in innovative ways to solve complex problems, create empowering workplaces, and drive exceptional business outcomes.
The Innovation Awards are a longstanding UKG tradition that recognizes the achievements of customers going above and beyond to create meaningful and connected experiences for their people, including past winners BJ’s Wholesale Club, Clif Bar and Company, City of Oklahoma City, FIRST Premier Bank and Premier Bankcard, and Trexon.
“Customers are at the heart of everything we do. They are the driving force behind our ‘Partner for Life’ promise, as well as our commitment to constant innovation, This year’s award winners represent the incredible successes of our customers worldwide, across our solutions. We celebrate their accomplishments and applaud their innovative spirit.”
-Bob Hughes, chief customer and strategy officer at UKG
This year’s UKG Aspire Innovation Awards winners include:
TravelBrands and Coast Mental Health in the Product Suite category, for their innovative use of the UKG suite of human capital management and workforce management solutions. One of the largest travel companies in Canada, TravelBrands is leveraging UKG to scale its continued growth. Since rolling out its full-suite solution, the company has experienced a 10% decrease in employee turnover, a 50% decrease in time spent creating financial reports, and a total first-year savings of $150,000. Meanwhile, Coast Mental Health, a provider of housing, support, and services to people in Canada with mental health challenges, is using UKG to manage its complex union workforce. Managers no longer have to spend hours calculating premiums related to collective agreements, and its finance center doesn’t have to allocate cost centers and percentages.
Bethpage Federal Credit Union and Hamadeh Educational Services, for their successes in HR Transformation. With UKG Pro, managers at Bethpage have a more active role in the recruitment process. The company has automated offer letters and transfer forms, and eliminated spreadsheets previously used for compensation planning. With UKG Ready, Hamadeh has moved from paper to a fully electronic system, dramatically cutting its carbon footprint and saving several hours each week that had been spent on filing, scanning, copying, and shredding.
Co-Operators, for ROI achieved through its use of Pro. The Canadian-owned insurance co-operative is leveraging data and insights from its UKG solution to create dozens of easily accessible dashboards and reports, saving more than $300,000 in productivity improvements and system savings.
Greenville County Schools, TTCU Federal Credit Union, and Community Healthcare System, for their innovative use of UKG Life-work Technology, in the Innovation Evangelist category. With UKG Wallet, all 11,000 employees at Greenville County Schools have early access to their earned wages as well as payroll cards, discounts, and financial wellness tools, providing an additional measure of financial stability. Community Healthcare System is using UKG Dimensions employee self-scheduling, which allows workers to select their preferred shifts — leading to greater autonomy, satisfaction, and overall engagement. And with UKG HR Service Delivery, authorized employees of TTCU Federal Credit Union can access documents from anywhere, dozens of manual tasks have been moved to a digital workflow, and the organization’s service desk is administering more than a dozen types of actions and requests.
The results we’ve experienced with our full-suite UKG solution, in just one year, are simply remarkable, Not only have we gained significant efficiencies, but we’re also providing a more empowering and engaging experience for our employees in support of the important, people-centric mission we share with UKG,said Diana Valler, chief human resources officer at TravelBrands.
Championing great workplaces and helping to create purposeful work through the use of innovative technology are central to who we are, Our purpose is to create meaningful experiences for organizations and their people, and we are proud of, and humbled by, the outstanding results UKG technology delivers every day to our award winners and all our customers across the globe,said Chris Todd, CEO at UKG.
At UKG, our purpose is people. As strong believers in the power of culture and belonging as the secret to success, we champion great workplaces and build lifelong partnerships with our customers to show what’s possible when businesses invest in their people. Born from a historic merger that created one of the world’s leading HCM cloud companies, our Life-work Technology approach to HR, payroll, and workforce management solutions for all people helps more than 70,000 organizations around the globe and across every industry anticipate and adapt to their employees’ needs beyond just work.
WORKFORCE MANAGEMENT,EMPLOYEE EXPERIENCE
SilkRoad Technology | November 11, 2022
SilkRoad Technology has been named one of the Chicago Tribune’s 2022 Top Workplaces, first among HR technology providers of all sizes. Results are based entirely on an anonymous employee feedback survey conducted by a third party, Energage, from April to July 2022. The survey measures 15 drivers of engaged work cultures, including connection, alignment, and execution. This year, SilkRoad ranked 25th on the list of smaller organizations, defined as having under 249 employees.
“We are proud to continue to be recognized as a top workplace in Chicago for our approach to engaging and retaining talent, As Chicago continues to see interest and investments as a tech hub and prized talent pool, competition will increasingly heighten. We will continue to invest in employees, encourage them to commit to their craft and provide opportunities for new benefits and a rewarding work-life balance.”
-Kate O’Neill, Chief Financial and People Officer of SilkRoad Technology
As an HR technology provider, it’s important that we practice what we preach to our clients in terms of delivering compelling experiences to our employees, Now more than ever, people want to work for a culture that exemplifies excellence. We look forward to continuing to set the bar in Chicago and abroad,said Robert Tsao, Chief Executive Officer of SilkRoad Technology.
About SilkRoad Technology
Since 2003, SilkRoad has set the standard for talent acquisition innovation with scalable, configurable, branded experiences that attract, retain and align people to their business. SilkRoad delivers personalized experiences for employees to drive engagement across the employment lifecycle, enabling measurable and improved business outcomes.