Melinda Gates' company invests $50M into women-in-tech collaborative

Pivotal Ventures, along Break Through Tech, SecondMuse, and "several leading social organizations," announced Jan. 28 a new city-based initiative to bring more women into tech. Melinda Gates' company Pivotal Ventures invested $50 million in Gender Equality in Tech Cities to engage women as college students, employees and founders and investors in city-based tech hubs nationwide. The initiative's goal is to speed up gender equality in the tech sphere by maximizing "the impact of local women-in-tech efforts, crowd in other funders, and foster local coordination" involving academia, non-profits, government, venture capital and business sectors in selected cities across the country, according to the press release. The initiative will begin in Chicago before starting work in two other cities in the next five years.

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Employee Engagement

Empathy And Carallel Partner To Empower Employers In Providing Holistic Support For Employee Caregivers

Empathy | December 15, 2023

Empathy, the comprehensive support system for loss helping families navigate all its emotional and logistical challenges, announced a new partnership with Carallel, the leading provider of holistic support, guidance and assistance for family caregivers. Progressive, family-oriented employers will gain access to a unique blend of tools and services which empower their employees to navigate the intricate landscapes of both caregiving and grief. This collaboration will provide continuity of care for both the caregiving population and those who have experienced loss. More than 53 million Americans support a loved one as a family caregiver, and 61% of them are employed. Caregiving affects every facet of an employee's life, including their mental and physical health (57% report clinically significant levels of depression, stress and anxiety), work capacity (80% of caregiving employees said caregiving impacted their work productivity) and absenteeism (missing up to 12 hours of work each month due to caregiving responsibilities). Stress intensifies when the loved one they care for passes away. Dealing with the tasks associated with loss can take families over 12 months to handle, and costs them on average $12,702. The burden is amplified for those balancing a full time job,with 43% of employees reporting difficulties concentrating at work in the period after their loss, while also suffering from symptoms such as anxiety, panic attacks, and memory issues, which can persist for months. Together, Empathy and Carallel offer a comprehensive solution to help employers reduce healthcare costs, improve productivity and effectiveness, and increase retention by addressing the holistic needs of employees through every stage of caregiving and grief. Carallel's approach seamlessly blends live support from compassionate, expert Care Advocates with comprehensive digital tools and resources to create personalized plans that boost caregiver resilience. It is through this caregiver-centered, holistic approach that Carallel is able to provide caregivers emotional support, targeted guidance and practical assistance across a wide range of caregiving needs — from disability care to elder care and beyond. With a similar approach, Empathy extends Carallel's offering, enabling employers to provide human-centered, tech-powered support to employees who have suffered a loss. Empathy's award-winning platform is complemented by a full-fledged Care Team, including on-demand Care Managers, who provide personalized step-by-step guidance through all the emotional and practical challenges of loss. This partnership will enable employers to have more streamlined contracting and a more seamless experience for employees, facilitating continuity of care for families throughout all of life's greatest challenges. "Empathy shares Carallel's core mission of making big life challenges easier by addressing them holistically — both emotionally and practically. We are committed to providing a seamless and comprehensive experience for employees navigating the challenges of caregiving and bereavement," said Shara Cohen, CEO of Carallel. "This is a truly interconnected collaboration — applying similar philosophies to intertwined life experiences. By doing so, we are reshaping the landscape of workplace well-being to elevate the overall welfare of caregivers and those in their care. "Employees juggling caregiving responsibilities with their full-time work commitments often find themselves particularly challenged when coping with the loss of a loved one," said Ron Gura, Co-Founder and CEO of Empathy. "By partnering with Carallel, a leader in providing assistance and guidance for caregivers, we empower employers to offer holistic, full-circle support that encompasses both caregiving and bereavement as integral employee benefits. With this approach, employers can ensure continuity of care through life's most difficult moments." About Empathy Empathy is the comprehensive support system for loss, offering bereaved families holistic guidance and care for all of the administrative, emotional, legal, and financial challenges they face after their loved one passes away. Empathy's award-winning app and care team are trusted by leading employers and insurance carriers to support their employees and beneficiaries through life's greatest challenges, saving them time, money, and stress. Headquartered in New York and recognized as a Top Digital Health Company by CB Insights, as well as a Most Innovative Company by FastCompany, Empathy has raised $43 million in funding from leading investors including General Catalyst, Aleph VC, and Entrée Capital.

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HR Practice

Pipefy Launches AI-Powered HR Automation Solution to Improve the Employee Experience

Pipefy | January 15, 2024

Pipefy, the global industry leader in AI-driven process automation, announced the launch of Pipefy AI for HR, with customizable chatbots that are available to help employees, 24/7. Pipefy AI for HR delivers instant and centralized access to policies, forms, data, and other information frequently requested from HR teams. Pipefy AI for HR gives employees a single portal in which they can not only find the information and documents they need, but also submit requests, such as for vacation time or reimbursements. Employees can use the chatbot to ask questions about PTO, research open roles within the company, or reference company policies. The chatbot is available in any language and accessible on any device. For HR teams, Pipefy for AI means more face time with employees, better SLA attainment, and more time to focus on HR strategy. Pipefy AI helps HR teams make data-driven decisions by providing fast access to data, process insights, and crucial metrics such as attrition and employee satisfaction. For example, HR professionals can ask Pipefy AI questions such as “What are the top factors contributing to turnover in the sales department?” “Pipefy AI for HR is all about helping HR teams deliver exceptional employee experiences,” said Alessio Alionco, CEO of Pipefy. “It does this by improving response times and giving employees more autonomy. Beyond this, Pipefy AI gives HR professionals more time for the 1:1 contact and strategic planning that truly make a difference for employees and the company as a whole. From a process automation perspective, this AI tool works like a virtual assistant, automating workflows, handling routine tasks, answering common questions, and routing incoming requests.” Alionco added, “Generative AI solutions such as ours are ideal to help HR professionals streamline their workload and improve employee experiences – and their adoption is accelerating. In fact, according to Gartner, 81% of HR leaders have explored or implemented artificial intelligence (AI) solutions to improve process efficiency within their organizations.” In a recent Pipefy survey, 79% of business and IT leaders said that they expect the combination of artificial intelligence and process automation – such as Pipefy AI – to increase efficiency by at least 25%. Importantly, Pipefy AI for HR delivers industry-leading security features and certifications, to help make sure that teams are safe, secure and in compliance. About Pipefy Pipefy delivers a leading business process automation platform that increases team productivity and efficiency, centralizes data, and standardizes processes for teams in IT, Finance, HR, Customer Operations and more. Through its no-code process automation and AI framework, Pipefy helps businesses achieve operational efficiency and optimal productivity for every team in every department. Among its many recognitions, Pipefy was named to the Deloitte Technology Fast 500™, a ranking of the 500 fastest-growing companies in North America in November, 2022.

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Payroll

Factorial Announces Partnership with Cimplx to Enhance Payroll and Benefits Management

Factorial | December 18, 2023

Factorial, a leading provider of human resources software solutions, announced its partnership with Cimplx, a provider of human resources and Affordable Care Act (ACA) cloud-based compliance solutions. The pair joins forces to provide a comprehensive suite of payroll and benefits management services to their HR customers via Factorial's unified platform. According to Factorial Co-Founder and CEO, Jordi Romero, "We are excited about our partnership with Cimplx, as it enables us to offer our customers a comprehensive, integrated solution that handles employee data, time tracking, deductions, payroll, and benefits management. We aim to empower businesses with the tools they need to navigate the complexities of HR and compliance effortlessly." The integration allows all data collected in the platform to automatically inform employee payroll, including time tracking, and ensures accurate compensation. Additionally, it secures employee data, such as bank details, tax deductions, and salary information, as well as supplements and deductions, such as bonus allocations, expense reimbursements, and benefits deductions. Factorial and Cimplx shared the key benefits of their integrated solution Compliance and Security : Achieve payroll accuracy with real-time tax regulations, mitigating risks associated with errors. Enhance data security with robust features, ensuring sensitive employee information remains secure and compliant with privacy regulations. Time Efficiency : Save time by automating manual payroll tasks and empower your workforce with self-service options, reducing the workload and fostering employee independence. Customization : Enjoy an integrated approach to human capital management and tailor solutions to your unique needs, eliminating the constraints of one-size-fits-all solutions. Industry Expertise : Gain valuable insights into payroll costs, trends, and compliance metrics through our team's industry expertise, including certified payroll professionals and experienced benefits administration enrollment services. "We recognize the evolving needs of businesses in managing their workforce. Teaming up with Factorial allows us to offer a holistic solution that combines our expertise in compliance with their advanced HR platform," said Stephen Schram, COO and President of Cimplx. About Factorial Founded in 2016, Factorial offers people-centric solutions for HR teams, automating processes so they have more time to dedicate to the people within their organization. With over 75,000 users across 65+ countries, Factorial serves clients such as KFC, Booking.com, and Whisbi. Factorial became Europe's newest Unicorn in 2022 following a Series C investment round.

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Payroll

When I Work Launches Payroll to Revolutionize Workforce Management for Small Businesses

When I Work | January 08, 2024

When I Work, a market leader in shift-based workforce management software used by more than 200,000 workplaces worldwide, is excited to announce its new product, When I Work Payroll. When I Work Payroll is designed to make it incredibly easy for small businesses to run payroll. Because the employee schedule and time tracking data are on the same platform with payroll, businesses can pay their hourly workers quickly, with a single click. There's no data entry or uploading timesheets, so there's less chance for errors, letting small business owners spend time on their customers, instead of being stuck in the back office. "It's been great to have all of our scheduling and payroll information in one place. We don't have to verify numbers in two places anymore—we're able to verify and run payroll in 10 minutes now," said Tim Hogg, owner of Tressia, a popular North Carolina restaurant. Payroll from When I Work is comprehensive. Your employees track their time by clocking in and out of the mobile app and our payroll software calculates all the data in real time, including hours, breaks, overtime, and paid time off. When I Work automates payments and tax filings to make everything transparent. Employees can update their own payroll forms and personal information through the app. The system automatically handles taxes and sends direct deposits. When I Work also files your payroll taxes with the IRS. "We consistently hear stories from small business owners about the countless hours they spend manually syncing and reconciling errors between systems," said Kavitha Radhakrishnan, Chief Product Officer at When I Work. "Our customers want an easier alternative to legacy payroll software, and they have a long history of trust with us, so we created Payroll for them. Now our small business customers can focus their valuable time on what they do best—building their teams and running their business." About When I Work When I Work is a market leader in shift-based workforce management software and delivers a powerful, employee-first experience that creates happier and more productive teams. Trusted by more than 200,000 workplaces worldwide, When I Work puts scheduling and collaboration at the center of workplace operations and brings empathy, agility, and consumer simplicity to the small business workplace.

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