Employee Experience

LumApps to Expand its Employee Experience Platform with Acquisition of HeyAxel

LumApps, a leading Employee Experience Platform, announced that it has signed an agreement to acquire HeyAxel, a powerful no-code HR automation and employee onboarding solution. The acquisition builds upon LumApps' continued growth and promises to accelerate the delivery of LumApps' unique vision: an entirely personalized experience for each employee.

The HeyAxel solution will be fully integrated with LumApps' Employee Experience Platform. The integration of the two products and teams will accelerate LumApps' employee journeys roadmap with an additional team of experts plus an adaptable, omnichannel orchestration engine, broadcast capabilities, quizzes, surveys, and HeyAxel's out-of-the-box journey builder.

"The acquisition of HeyAxel allows us to take an innovative step forward in our product development by adding an easy-to-use journey engine that makes it simple to create personalized, smart, and integrated journeys. Our customers will be able to deliver tailored information and insights to their employees at every stage of their tenure to improve engagement and promote positive experiences,"

- Sébastien Ricard, CEO at LumApps.

An Employee Journey is an orchestrated set of communications, information, and activities that are designed to inspire action, promote engagement and maximize the Employee Experience at a certain point in the employee lifecycle. Personalized communications throughout the employee lifecycle can have a significant positive impact on engagement, motivation, and long-term success in the workplace.

With HeyAxel's no-code tooling, LumApps will develop additional prebuilt journeys making it simple for enterprises to tailor their journeys at each step of the entire employee lifecycle. LumApps customers will also be able to quickly and easily develop their own employee journeys to fit the unique needs of their employees and organizations.

"HeyAxel's no-code platform enables HR managers to easily create specific journeys like onboarding and career milestones, Joining LumApps will enable us to create additional components for all the various stages throughout an individual's tenure. This merger signifies the clear convergence in our vision of putting employees at center stage and ensuring cutting-edge and best-in-class journeys in an employee experience platform."

- Arnaud Weiss, CEO and Co-founder at HeyAxel.

"HeyAxel provides great value by improving the onboarding journey for our new employees and streamlining work automation. LumApps has been positioned as a leader in its industry by well-known analysts, powering internal communications for many large, global enterprises throughout the world. We are convinced LumApps and HeyAxel together will strengthen the digital employee experience by providing a personalized and holistic solution."

- Laura Nepert, Head of Recruiting at Renault Digital.

About LumApps
LumApps is a leading Employee Experience Platform first launched in 2015 to unify the modern workforce through better communication, engagement, and instant access to information. Integrated with Google Workspace and Microsoft 365, LumApps intelligently connects people, information, and business applications to empower employees and enhance productivity. The product tailors each experience to the unique needs of the employee, from executives and managers to frontline workers. LumApps is a true SaaS platform designed to scale to the needs of today's largest enterprises and is easily accessible across any device or language. With over 250 people in 7 offices located on three continents, LumApps serves prominent companies like Veolia, Airbus, Valeo, Air Liquide, The Economist and Electronic Arts, supporting more than 4 million users worldwide. To fuel its continued rapid growth and enhance the capabilities of its platform, LumApps has raised $70M in a Series C round in 2020.

Spotlight

Other News
Compensation Management

Pequity Announces Upcoming Launch of Employee Total Compensation Overview and Employee Portal

Newswire | October 04, 2023

Pequity, a leading innovator in compensation planning solutions, is excited to unveil its latest offerings designed to revolutionize the way organizations manage and communicate employee compensation. In recent months, Pequity has been at the forefront of developing cutting-edge HR solutions, and now, it is set to introduce the Employee Total Compensation Overview and a brand-new Employee Portal. Key Features of Pequity's Total Compensation Overview and Employee Portal: Empowering Employee Portal-The portal will enable employees to access their personalized compensation overview by simply signing up for a Pequity account. This user-friendly interface makes it effortless for employees to gain insights into their total compensation package. Clear Equity Display- Pequity eliminates the confusion surrounding equity compensation by presenting it at the grant level. This approach simplifies understanding and offers a real-time view of an employee's current equity status, enhancing transparency. Comprehensive Admin View- Administrators will have access to a comprehensive view of all components of an employee's total compensation. This includes a breakdown of equity and vesting schedules, providing a holistic understanding of compensation elements. This information is invaluable as it offers both administrators and employees a snapshot of their current standing and future earning potential as vested shares accumulate. Equity compensation has become increasingly vital in today's workforce. However, it remains a complex concept that is often poorly understood. Pequity's Total Compensation Overview provides a detailed snapshot of critical equity statistics, including total granted, vested, and unvested shares, as well as estimated values for each. The new employee portal takes transparency to the next level by offering a comprehensive breakdown of every compensation component. This empowers employees with unprecedented resources for negotiating raises, better financial planning, and ensuring they receive a comprehensive total compensation statement. The compensation overview also serves as a powerful tool for administrators and managers. It breaks down salary, equity, and bonuses, making compensation discussions more accessible and transparent. Administrators can also customize the displayed employee data to suit their needs. Pequity's Employee Compensation Overview and Employee Portal are set to launch in mid-October, marking a significant milestone in the realm of compensation management. To stay informed about the release and for early access, sign up for notifications. About Pequity Pequity is a leading provider of compensation management solutions designed to simplify the complexities of employee compensation. With a commitment to transparency and innovation, Pequity empowers organizations to make informed compensation decisions, driving employee engagement and organizational success. Learn more at pequity.com.

Read More

Employee Engagement

Avature Announces the General Release of its Social Learning Solution

PR Newswire | October 17, 2023

Avature, a leading provider of innovative Human Capital Management (HCM) software for recruiting and talent management, announces the beta release of its social learning solution to a select group of customers, and a general release before the end of this year. Industry reports indicate a very low and steadily declining percentage of employees' use of their company learning management system (LMS) on a regular basis. However, HR can reverse this lack of engagement by allowing employees to learn in the same way they have on YouTube, TikTok and other channels. Avature's social learning solution creates this type of user experience by lifting proven design concepts from social media, including the easy creation of user-generated content, the generation of algorithmically driven suggestions, and the use of artificial intelligence. Avature Learning is expected to promote organizational agility and engagement by facilitating the sharing of know-how, a company's most valuable asset. Intended to complement or replace customers' legacy LMS depending on how it is deployed, this solution allows HR leaders to compensate for the lost interaction between work-from-home employees, ensures knowledge is transferred from one generation to another and helps address the alarming declines in competencies and skills being reported across the educational spectrum. Providing numerous opportunities to acquire knowledge, Avature Learning offers an employee-centered learning experience, where subject matter experts are able to share critical know-how that might otherwise go undocumented, and content is organically curated based on user feedback and social interaction. Employees can easily find and recommend user-generated video and audio content as well as traditional training and courses, benchmark their progress against peers, obtain mentorships and create ad hoc meet ups and face-to-face learning sessions. With this solution, employers can effortlessly boost the value of their training programs, better facilitate internal mobility and accelerate time to productivity while lowering turnover. We believe learning must go beyond traditional L&D programs to remain strategically relevant, shared Dimitri Boylan, Founder and CEO of Avature. The ideal technology should help mine a workforce's wealth of knowledge and facilitate its dispersion. Our customers want to uncover the 'voice of the employee' and bring learning to life, he added. Industry analyst Josh Bersin was able to see the solution in action and highlighted the benefits of its unique social approach, "The vast amount of corporate learning that takes place is not authored by the training department. It is authored by experts, passionate professionals and peers. So, we need a "social learning" platform that lets people author and upload videos and other forms of content and then quickly and easily check it, publish it and make it easy to find. This is what Avature has built." Avature Learning also seeks to put HR in control of its digital transformation and offers numerous tactical opportunities to design and deploy processes that grow the company's collective IQ and drive the business toward its strategic objectives. With built-in CRM functionality and real-time analytics, HR teams are provided with the best engagement toolkit to target content, measure employee's progress and ensure they're keeping pace with learning objectives. From a business standpoint, Josh Bersin agrees the solution's features enable successful knowledge transfer, "I've always believed that 70 to 80 percent of the knowledge and intellectual property within a company is custom to that company's business. Every business process, proprietary tool, and internal procedure represents a custom, internal training need. Platforms like Avature's Learning Hub can tap into this." Avature's learning solution can seamlessly integrate into customers' existing talent technology ecosystem using Avature's mature and configurable REST endpoints and open API framework. Data from other systems can be imported and used by Avature's workflow engine to promote learning activities for individual employees and data can be easily exported to support onboarding and internal mobility processes in other systems. With this release, Avature bolsters its Talent Management Suite, adding yet another best-in-class solution to the portfolio that its Global 2000 customer base can implement from a single platform. About Avature Avature is a highly configurable enterprise HCM SaaS platform for talent acquisition and talent management, and the leading provider of CRM and ATS technology for human resources globally. Founded by Dimitri Boylan, co-founder and former CEO of HotJobs.com, Avature brings consumer-grade internet technology and digital innovation to human resources departments. Avature solutions include shared services sourcing, applicant tracking, career sites, campus and events recruiting, employee referral management, social onboarding, branded employee engagement, employee mobility and workforce optimization, employee case management, performance management and learning. Used by 110 of the Fortune 500 in more than 164 countries and 32 languages, Avature delivers its services from its private cloud, located in data centers around the world. Learn more at www.avature.net.

Read More

Workers Compensation

LaborIQ and Paycor Unveil Compensation Solutions Referral Partnership

Paycor | September 18, 2023

LaborIQ, an emerging tech firm specializing in market compensation software, and Paycor, a prominent supplier of human capital management (HCM) software, have unveiled a referral partnership aimed at assisting HR leaders in talent recruitment, management, compensation, and professional development with market-competitive salary insights for all job roles across the US. The strategic referral alliance is geared towards equipping Paycor clients with the most competitive salary recommendations tailored to today's job market demands. Additionally, it offers solutions for employee retention, fostering growth within their organizations. Claudine Zachara, President & COO of LaborIQ, expressed her delight in partnering with Paycor, acknowledging their dominant position in HCM solutions for HR teams. She stated, LaborIQ’s compensation software, together with Paycor, creates an advantage for companies who need today’s answers for reducing pay gaps and hiring. Technology, methodology and speed have significantly evolved in the HR tech space. [Source: BusinessWire] Paycor clients will now enjoy exclusive advantages from LaborIQ's software. This collaboration offers unrestricted access to salary recommendations and pay benchmarks for a vast database of over 20,000 job positions. About LaborIQ LaborIQ is at the forefront of modernizing how US organizations access market-competitive compensation recommendations. The company believes that to compete for talent and achieve success, organizations must have access to unparalleled salary data quality, supported by rigorous labor market research, analysis, and validation. LaborIQ empowers HR teams to expedite hiring processes, reduce turnover, and ensure precise compensation decisions, earning the trust of thousands of users who rely on them for salary recommendations, pay gap closure, and streamlined pay transparency strategies. About Paycor With over three decades of experience, Paycor has established itself as a leader in human capital management. The entity’s HCM platform revolutionizes all facets of people management, encompassing recruitment, onboarding, payroll processing, career development, and talent retention. What truly distinguishes Paycor is its unwavering focus on leaders, stemming from more than 30 years of listening to and collaborating with leadership teams. This extensive experience has equipped Paycor to understand leaders' unique needs, resulting in a unified HR platform with seamless integration capabilities, robust analytics, talent development resources, and adaptable technology tailored to meet specific industry requirements. Trusted by a community of over 30,000 customers, Paycor is the preferred partner for addressing HR challenges and achieving organizational goals.

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