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Employee Benefits

LandrumHR Partners with Instant Financial to Provide Employees Immediate Access to Earned Tips

Landrum HR | January 07, 2022

Workplace News
Comprehensive HR solutions provider LandrumHR announces a strategic partnership and integration with the pioneer of responsible earned wage access (EWA) solutions, Instant Financial, enabling clients to provide employees with on-demand, same-day access to earned tips.

Instant Tips is an efficient, convenient, safe and secure digital solution for employees and employers alike, eliminating the need for large amounts of cash on hand for paying out tips to employees. Instant also features reporting tools for employers with back-office solutions to track daily tips, employee lists, reconciliation, and settlement reports. Additionally, the Instant Support team is available 24/7 to help employers and their employees find success with their offerings.

Instant Tips marks first phase of LandrumHR's new earned wage access offerings.

"We partnered with Instant Financial to enable our worksite employees to cash out tips directly into their accounts, with no fees, immediately after they work, We're very excited to offer this service, as access to earned income has been a pain point for many clients, particularly in the hospitality industry."

- LandrumHR President & CEO Britt Landrum III.

LandrumHR is already working on expanding its relationship with Instant in 2022 to provide same-day access to hourly and salary wages in advance of scheduled pay periods. The implementation of both Instant Tips and Instant Pay will give small and medium-sized businesses an advantage in attracting and retaining talent in a competitive labor market.

"The COVID-19 pandemic sped up an already existing shift toward employee demand for instant access to wages, and we know from recent industry surveys that demand is expected to grow, even post-pandemic, LandrumHR is a leader in providing a full range of HR services for small and medium businesses, and our partnership enables employers to provide workers with immediate access to their tips, aiding with hiring and job loyalty."

- Tal Clark, CEO, Instant Financial.

Employees who use Instant will gain easy access to their tips via the Instant Visa Card with bank transfers, a network of over 37,000 free ATMs nationwide, and a cashback option that's free with purchase at participating merchants. The Instant app also provides employees with a notification when tips are loaded in their account and ready to access.

Instant Tips is the latest addition to LandrumHR's range of PEO services, following recent new offerings like Health Advocate for wide-ranging medical support and LandrumHR Learn for professional development and HR training.

Current LandrumHR clients interested in earned wage access can contact their HR Business Partner for more information. Prospective clients are encouraged to reach out at landrumhr.com/contact-us.

About LandrumHR
LandrumHR is a professional employer organization (PEO) that provides HR services in the local Pensacola area and throughout the Southeast. LandrumHR offers PEO services for benefits, payroll, timekeeping, compliance, risk management and more. LandrumHR also helps make the business of people easier through our workforce management, staffing and HR consulting services through hrQ. To learn more about LandrumHR services, visit landrumhr.com or hrqinc.com.

About Instant Financial
Instant Financial is leading the charge to provide financial freedom and wellness to millions of workers in the United States through its earned wage access solutions. By enabling employers to allow employees to access their daily wages immediately after their shift, Instant Financial helps organizations improve retention and reduce absenteeism while helping employees take control of their financial freedom by bridging the gap between work day and payday. Learn more about Instant Financial at instant.co.

Spotlight

6 daily habits to boost Problem-Solving at Work

Problem solving is an essential skill for many professionals in today's complex work environment. However, research suggests that traditional problem-solving approaches may not be sufficient to tackle the challenges faced in organizations. To truly excel in problem solving, it is crucial to incorporate a range of "human" skills such as creativity, decision making, emotional intelligence (EQ), and persuasive tactics. In this article, we explore a set of principles that can guide you towards becoming an adept problem solver.

Get to the Root Cause: Applying the "5 Whys" Technique

One fundamental step that many individuals overlook when approaching a problem is identifying the real issue at hand. Rather than applying quick fixes that only address surface-level symptoms, it is important to delve deep into the root cause. The "5 Whys" technique can be a valuable tool in this process. By repeatedly asking "why" in response to a problem statement, one can uncover underlying factors and gain a comprehensive understanding of the situation. Often, it takes asking "why" multiple times, typically around five, to reach the core issue. Embracing this method can help you address problems more effectively.

Cultivate Curiosity and Open-Mindedness

To enhance problem-solving capabilities, it is essential to approach each situation with curiosity and an open mind. Avoid the temptation to prematurely judge or dismiss ideas that may lead to potential solutions. By fostering a mindset of exploration and receptiveness, you can tap into creative potential and uncover innovative approaches to problem solving.

If you want to cultivate curiosity, there are a few things you can do:

  • Ask questions: One of the best ways to be more curious is to ask questions. When you ask questions, you are actively seeking out new information and new experiences.

  • Be open to new experiences: Another way to be more curious is to be open to new experiences. This means being willing to try new things and to step outside of your comfort zone.

  • Pay attention to your surroundings: One of the best ways to stay curious is to pay attention to your surroundings. This means being aware of the people, places, and things around you.

  • Read widely: Reading is a great way to learn new things and to expand your horizons. When you read widely, you are exposed to new ideas and new perspectives.

Embrace Diverse Perspectives

Successful problem solving often requires considering multiple viewpoints and engaging with all parties impacted by the issue. Taking a holistic approach allows for a comprehensive assessment of the problem's implications and potential solutions. By seeking alternative perspectives, you can uncover valuable insights and generate a broader range of options to address the problem effectively.

Discover Purpose: Unveiling the "Why"

Understanding the underlying motivation behind problem solving is critical to staying committed and focused on finding solutions. You must take the time to reflect on why a particular problem is significant and how solving it aligns with your goals. By clarifying the purpose and value of problem solving, individuals can harness their intrinsic motivation to drive them towards successful outcomes.

Personal Brainstorming: An Effective Starting Point

Before presenting ideas to a group or team, it is often beneficial to engage in personal brainstorming. This approach allows individuals to explore various solutions and generate creative ideas without the pressures of immediate external judgment. By giving oneself the freedom to ideate independently, valuable insights can emerge, setting the stage for more effective collaborative problem solving.

Experimentation and Prototyping

To minimize risks and maximize the potential for success, it is advisable to test out potential solutions through small-scale experiments or prototypes. By implementing a low-impact testing phase, managers and HR professionals can assess the viability and effectiveness of their proposed solutions before fully implementing them. This approach allows for valuable insights, adjustments, and improvements, ensuring a more refined and robust resolution to the problem at hand. An approach of continuous experimentation can have many benefits, including:

  • Increased learning: When we approach life as a series of experiments, we are more likely to be open to new experiences and to learn from our mistakes. This can lead to a deeper understanding of ourselves and the world around us.

  • Increased creativity: When we are constantly trying new things, we are more likely to come up with new ideas and to think outside the box. This can lead to a more fulfilling and satisfying life.

  • Improved self-confidence: When we see ourselves as capable of learning and growing, we are more likely to feel confident in our abilities. This can lead to a more positive outlook on life and to a greater sense of well-being.

  • Reduced stress and anxiety: When we are not afraid to take risks or to make mistakes, we are less likely to experience stress and anxiety. This can lead to a more relaxed and peaceful state of mind.

By incorporating these six principles into your problem-solving approach, we can all significantly enhance our ability to address complex challenges effectively. Remember to start by identifying the root cause, approach problems with curiosity and an open mind, embrace diverse perspectives, understand your motivation, engage in personal brainstorming, and test potential solutions through experimentation. By implementing these strategies, you will be better equipped to tackle problems head-on and achieve meaningful resolutions in your professional role.


Other News
Workforce Management

Lattice Unveils HRIS to Enable HR Teams Better Manage Tech Stack

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. About Lattice 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.

Read More

Payroll

BambooHR’s New Payroll Experience Benefits Admin Solutions

BambooHR | September 13, 2023

BambooHR, a leading cloud-based human resource platform, has introduced a new Payroll experience to complement its HR and benefits administration solutions. This innovative payroll system significantly streamlines payroll processes, reduces processing time by up to 80 percent, and enhances the overall HRIS and benefits administration platform. This Payroll experience is accessible through desktop and mobile platforms, providing flexibility and convenience for HR professionals and employees alike. It aims to create an integrated, accurate, and efficient payroll process. It significantly reduces the risk of errors and ensures employees are paid correctly and on time. This not only benefits organizations but also aligns with employee financial stability, given that many Americans live paycheck to paycheck. This is supported by the research by LendingClub, reporting that 6 in 10 Americans live paycheck to paycheck. Chief of Staff, Rockford Silk Screen Process, Rachael Schau, remarked, BambooHR and payroll together have saved me almost 20 hours a week, and we've honestly saved 20,000 dollars over a year. [Source: Cision PR Newswire] The introduction of the new Payroll experience reflects BambooHR's commitment to simplifying payroll and delivering an exceptional user experience for its customers. Payroll errors can have a significant impact on employees, leading to financial stress and mistrust. BambooHR's streamlined solution addresses these concerns while enhancing the overall efficiency. The new platform simplifies the intricate payroll process by eliminating double data entry, automating time tracking, and calculating employee compensation, deductions, and taxes accurately. This user-friendly interface allows for easy management of employee records, payment tracking, and report generation and ensures compliance with federal, state, and local regulations. Employees can access pay stubs and make withholding or direct deposit changes through the BambooHR payroll portal or mobile app. Chief Product Officer at BambooHR, Brian Crofts, stated, Our goal has always been to make payroll an integrated, always accurate, and even delightful experience for our customers. [Source: Cision PR Newswire] He added that their team has worked hard to ease the intricate, outdated process and that they’ve made that quick, clean and easy for HRs. To celebrate the launch, new BambooHR customers can benefit from a 75 percent discount on Payroll implementation costs for January 2024 payroll start dates. This offer further demonstrates BambooHR's commitment to supporting organizations in their HR and payroll needs. About BambooHR BambooHR is the foremost provider of cloud-based HR software solutions, offering a robust platform that empowers HR professionals in managing, nurturing, and fostering their workforce. The core mission of the company is to liberate individuals to excel in their work by streamlining, centralizing, and interconnecting employee data within a single comprehensive system, thereby facilitating informed decision-making. Its user-friendly and thoughtfully designed suite encompasses payroll, time tracking, benefits administration, performance management, and reporting solutions, catering to the entire spectrum of HR responsibilities.

Read More

Payroll

HiBob with Papaya Global Transforms HR-Payroll for Multinationals

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.

Read More

Workers Compensation

Sequoia Launches Comp OS 2.0, the Compensation Solution that Gives HR and Finance Leaders a People Advantage

PR Newswire | September 27, 2023

Sequoia, the pioneer in benefits and compensation, announced Sequoia Comp OS™ 2.0 on the Sequoia People Platform. This transformative solution equips companies with real-time visibility and heightened control over their organization's global people spend. Sequoia Comp OS, which is already used by over 250 Sequoia clients, unifies HR, finance, business leaders, and employees within a single operating system, simplifying the often tedious and frequently spreadsheet-reliant compensation management process. By offering a single source of truth, Sequoia Comp OS allows HR and financial leaders to have the same insights into the past, present, and future of their people spend, enabling real-time adjustments as their workforce and business changes. Sequoia Comp OS is a modern way for companies to: Standardize jobs and set pay ranges to establish competitive and equitable pay. Allocate total compensation effectively for current and future jobs with headcount planning, active hiring plans, and merit cycle planning. Stay compliant with pay regulations and corporate governance. Communicate successfully with employees through personalized offers, merit letters, and total rewards statements. Leverage real-time guided analytics to track global people spend and organizational changes. In addition, Sequoia provides strategic Compensation Advisory services through their team of compensation experts specialized in helping modern companies. This same team worked hand-in-hand with Sequoia's product organization to design the Comp OS solution so that clients can quickly operationalize their tailored advisory services. For 22 years, our company has worked with many of the best HR leaders and finance leaders at some of the fastest growing companies in the world. Yet, a very large majority are managing their biggest investment, their people, using multiple disparate spreadsheets and old data, said Greg Golub, CEO & Founder of Sequoia Group. Our solution puts HR and finance on the same page so they can better partner together, spend less time wrangling spreadsheets and more time stewarding the people strategy at their companies. We built it so we could operationalize our compensation needs for our 1,200+ global employee-company and it's been a total game changer for us, so I am excited to bring it to all our clients. Courtney Cherry Ellis, SVP of People at Auditboard said, "We were able to work with Sequoia as an extension of our team to create a compensation philosophy that made sense for Auditboard and our employees. With Sequoia, we were able to operationalize a fair and equitable pay structure across the company." Matthew Kennedy, SVP of People at Tonal said, "Our partnership with Sequoia began many years ago through advisory on our executive compensation philosophy, and over the years it has evolved. Sequoia is now a key partner for all things comp and benefits." We are bringing together data that companies would typically gather from disparate HR tools to provide business leaders with the complete picture around employee compensation and enables them to make executive decisions with confidence, said Kyle Holm, VP of Sequoia's Compensation Advisory. When you can drive the strategy with an operating system, HR and Finance leaders spend way less time crunching spreadsheets and much more time focused on stewarding the people advantage for their companies. Sequoia Comp OS is available to all Sequoia clients today. To learn more, visit sequoia.com/comp-os. About Sequoia Sequoia is the leader in Total People Investment. We help companies create a people advantage through improving retention, attracting top talent, and increasing people-spend ROI. With expert advisory services across compensation and benefits and a powerful platform, we connect employee total comp programs with insightful people analytics so companies can manage their global people investment in real time to better meet the needs of their evolving workforce. Visit Sequoia.com or follow us on LinkedIn to learn more.

Read More

Workforce Management

Lattice Unveils HRIS to Enable HR Teams Better Manage Tech Stack

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. About Lattice 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.

Read More

Payroll

BambooHR’s New Payroll Experience Benefits Admin Solutions

BambooHR | September 13, 2023

BambooHR, a leading cloud-based human resource platform, has introduced a new Payroll experience to complement its HR and benefits administration solutions. This innovative payroll system significantly streamlines payroll processes, reduces processing time by up to 80 percent, and enhances the overall HRIS and benefits administration platform. This Payroll experience is accessible through desktop and mobile platforms, providing flexibility and convenience for HR professionals and employees alike. It aims to create an integrated, accurate, and efficient payroll process. It significantly reduces the risk of errors and ensures employees are paid correctly and on time. This not only benefits organizations but also aligns with employee financial stability, given that many Americans live paycheck to paycheck. This is supported by the research by LendingClub, reporting that 6 in 10 Americans live paycheck to paycheck. Chief of Staff, Rockford Silk Screen Process, Rachael Schau, remarked, BambooHR and payroll together have saved me almost 20 hours a week, and we've honestly saved 20,000 dollars over a year. [Source: Cision PR Newswire] The introduction of the new Payroll experience reflects BambooHR's commitment to simplifying payroll and delivering an exceptional user experience for its customers. Payroll errors can have a significant impact on employees, leading to financial stress and mistrust. BambooHR's streamlined solution addresses these concerns while enhancing the overall efficiency. The new platform simplifies the intricate payroll process by eliminating double data entry, automating time tracking, and calculating employee compensation, deductions, and taxes accurately. This user-friendly interface allows for easy management of employee records, payment tracking, and report generation and ensures compliance with federal, state, and local regulations. Employees can access pay stubs and make withholding or direct deposit changes through the BambooHR payroll portal or mobile app. Chief Product Officer at BambooHR, Brian Crofts, stated, Our goal has always been to make payroll an integrated, always accurate, and even delightful experience for our customers. [Source: Cision PR Newswire] He added that their team has worked hard to ease the intricate, outdated process and that they’ve made that quick, clean and easy for HRs. To celebrate the launch, new BambooHR customers can benefit from a 75 percent discount on Payroll implementation costs for January 2024 payroll start dates. This offer further demonstrates BambooHR's commitment to supporting organizations in their HR and payroll needs. About BambooHR BambooHR is the foremost provider of cloud-based HR software solutions, offering a robust platform that empowers HR professionals in managing, nurturing, and fostering their workforce. The core mission of the company is to liberate individuals to excel in their work by streamlining, centralizing, and interconnecting employee data within a single comprehensive system, thereby facilitating informed decision-making. Its user-friendly and thoughtfully designed suite encompasses payroll, time tracking, benefits administration, performance management, and reporting solutions, catering to the entire spectrum of HR responsibilities.

Read More

Payroll

HiBob with Papaya Global Transforms HR-Payroll for Multinationals

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.

Read More

Workers Compensation

Sequoia Launches Comp OS 2.0, the Compensation Solution that Gives HR and Finance Leaders a People Advantage

PR Newswire | September 27, 2023

Sequoia, the pioneer in benefits and compensation, announced Sequoia Comp OS™ 2.0 on the Sequoia People Platform. This transformative solution equips companies with real-time visibility and heightened control over their organization's global people spend. Sequoia Comp OS, which is already used by over 250 Sequoia clients, unifies HR, finance, business leaders, and employees within a single operating system, simplifying the often tedious and frequently spreadsheet-reliant compensation management process. By offering a single source of truth, Sequoia Comp OS allows HR and financial leaders to have the same insights into the past, present, and future of their people spend, enabling real-time adjustments as their workforce and business changes. Sequoia Comp OS is a modern way for companies to: Standardize jobs and set pay ranges to establish competitive and equitable pay. Allocate total compensation effectively for current and future jobs with headcount planning, active hiring plans, and merit cycle planning. Stay compliant with pay regulations and corporate governance. Communicate successfully with employees through personalized offers, merit letters, and total rewards statements. Leverage real-time guided analytics to track global people spend and organizational changes. In addition, Sequoia provides strategic Compensation Advisory services through their team of compensation experts specialized in helping modern companies. This same team worked hand-in-hand with Sequoia's product organization to design the Comp OS solution so that clients can quickly operationalize their tailored advisory services. For 22 years, our company has worked with many of the best HR leaders and finance leaders at some of the fastest growing companies in the world. Yet, a very large majority are managing their biggest investment, their people, using multiple disparate spreadsheets and old data, said Greg Golub, CEO & Founder of Sequoia Group. Our solution puts HR and finance on the same page so they can better partner together, spend less time wrangling spreadsheets and more time stewarding the people strategy at their companies. We built it so we could operationalize our compensation needs for our 1,200+ global employee-company and it's been a total game changer for us, so I am excited to bring it to all our clients. Courtney Cherry Ellis, SVP of People at Auditboard said, "We were able to work with Sequoia as an extension of our team to create a compensation philosophy that made sense for Auditboard and our employees. With Sequoia, we were able to operationalize a fair and equitable pay structure across the company." Matthew Kennedy, SVP of People at Tonal said, "Our partnership with Sequoia began many years ago through advisory on our executive compensation philosophy, and over the years it has evolved. Sequoia is now a key partner for all things comp and benefits." We are bringing together data that companies would typically gather from disparate HR tools to provide business leaders with the complete picture around employee compensation and enables them to make executive decisions with confidence, said Kyle Holm, VP of Sequoia's Compensation Advisory. When you can drive the strategy with an operating system, HR and Finance leaders spend way less time crunching spreadsheets and much more time focused on stewarding the people advantage for their companies. Sequoia Comp OS is available to all Sequoia clients today. To learn more, visit sequoia.com/comp-os. About Sequoia Sequoia is the leader in Total People Investment. We help companies create a people advantage through improving retention, attracting top talent, and increasing people-spend ROI. With expert advisory services across compensation and benefits and a powerful platform, we connect employee total comp programs with insightful people analytics so companies can manage their global people investment in real time to better meet the needs of their evolving workforce. Visit Sequoia.com or follow us on LinkedIn to learn more.

Read More

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Spotlight

6 daily habits to boost Problem-Solving at Work

Problem solving is an essential skill for many professionals in today's complex work environment. However, research suggests that traditional problem-solving approaches may not be sufficient to tackle the challenges faced in organizations. To truly excel in problem solving, it is crucial to incorporate a range of "human" skills such as creativity, decision making, emotional intelligence (EQ), and persuasive tactics. In this article, we explore a set of principles that can guide you towards becoming an adept problem solver.

Get to the Root Cause: Applying the "5 Whys" Technique

One fundamental step that many individuals overlook when approaching a problem is identifying the real issue at hand. Rather than applying quick fixes that only address surface-level symptoms, it is important to delve deep into the root cause. The "5 Whys" technique can be a valuable tool in this process. By repeatedly asking "why" in response to a problem statement, one can uncover underlying factors and gain a comprehensive understanding of the situation. Often, it takes asking "why" multiple times, typically around five, to reach the core issue. Embracing this method can help you address problems more effectively.

Cultivate Curiosity and Open-Mindedness

To enhance problem-solving capabilities, it is essential to approach each situation with curiosity and an open mind. Avoid the temptation to prematurely judge or dismiss ideas that may lead to potential solutions. By fostering a mindset of exploration and receptiveness, you can tap into creative potential and uncover innovative approaches to problem solving.

If you want to cultivate curiosity, there are a few things you can do:

  • Ask questions: One of the best ways to be more curious is to ask questions. When you ask questions, you are actively seeking out new information and new experiences.

  • Be open to new experiences: Another way to be more curious is to be open to new experiences. This means being willing to try new things and to step outside of your comfort zone.

  • Pay attention to your surroundings: One of the best ways to stay curious is to pay attention to your surroundings. This means being aware of the people, places, and things around you.

  • Read widely: Reading is a great way to learn new things and to expand your horizons. When you read widely, you are exposed to new ideas and new perspectives.

Embrace Diverse Perspectives

Successful problem solving often requires considering multiple viewpoints and engaging with all parties impacted by the issue. Taking a holistic approach allows for a comprehensive assessment of the problem's implications and potential solutions. By seeking alternative perspectives, you can uncover valuable insights and generate a broader range of options to address the problem effectively.

Discover Purpose: Unveiling the "Why"

Understanding the underlying motivation behind problem solving is critical to staying committed and focused on finding solutions. You must take the time to reflect on why a particular problem is significant and how solving it aligns with your goals. By clarifying the purpose and value of problem solving, individuals can harness their intrinsic motivation to drive them towards successful outcomes.

Personal Brainstorming: An Effective Starting Point

Before presenting ideas to a group or team, it is often beneficial to engage in personal brainstorming. This approach allows individuals to explore various solutions and generate creative ideas without the pressures of immediate external judgment. By giving oneself the freedom to ideate independently, valuable insights can emerge, setting the stage for more effective collaborative problem solving.

Experimentation and Prototyping

To minimize risks and maximize the potential for success, it is advisable to test out potential solutions through small-scale experiments or prototypes. By implementing a low-impact testing phase, managers and HR professionals can assess the viability and effectiveness of their proposed solutions before fully implementing them. This approach allows for valuable insights, adjustments, and improvements, ensuring a more refined and robust resolution to the problem at hand. An approach of continuous experimentation can have many benefits, including:

  • Increased learning: When we approach life as a series of experiments, we are more likely to be open to new experiences and to learn from our mistakes. This can lead to a deeper understanding of ourselves and the world around us.

  • Increased creativity: When we are constantly trying new things, we are more likely to come up with new ideas and to think outside the box. This can lead to a more fulfilling and satisfying life.

  • Improved self-confidence: When we see ourselves as capable of learning and growing, we are more likely to feel confident in our abilities. This can lead to a more positive outlook on life and to a greater sense of well-being.

  • Reduced stress and anxiety: When we are not afraid to take risks or to make mistakes, we are less likely to experience stress and anxiety. This can lead to a more relaxed and peaceful state of mind.

By incorporating these six principles into your problem-solving approach, we can all significantly enhance our ability to address complex challenges effectively. Remember to start by identifying the root cause, approach problems with curiosity and an open mind, embrace diverse perspectives, understand your motivation, engage in personal brainstorming, and test potential solutions through experimentation. By implementing these strategies, you will be better equipped to tackle problems head-on and achieve meaningful resolutions in your professional role.

Resources

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