DIVERSITY AND INCLUSION
UKG | October 14, 2022
UKG, a leading provider of HR, payroll, and workforce management solutions for all people, today announced its new UKG Diversity Accelerator Program, which funnels highly targeted and meaningful support and resources to the diverse-owned and diversity-focused technology ecosystem while helping to maximize supplier diversity in the human capital management (HCM) market.
Technology partners accepted into the Diversity Accelerator Program pay no annual fee to join one of the world’s largest and most collaborative partner networks wholly focused on the HCM industry, and receive free engineering and architectural support, go-to-market strategy planning, marketing resources, and business and leadership coaching to help grow their businesses. Partners additionally gain access to more than 70,000 UKG customers worldwide through the UKG Marketplace, an expansive hub that connects customers with innovative solutions and services to create more inclusive employee experiences for all.
“Diversity, equity, inclusion, and belonging are critical to driving innovation and growth, By accelerating our investment in this area to empower our ecosystem and expose partners to new opportunities that will help their solutions thrive, our customers gain expansive access to solutions and services to help kickstart or advance their DEI&B initiatives. We’re giving our customers and partners a clear runway to create a culture where every single person can thrive at work.”
-Brian K. Reaves, chief belonging, diversity, and equity officer at UKG
The first of many companies to enter the UKG Diversity Accelerator Program include:
Clovers, an interview intelligence platform that analyzes video interview conversations and pulls out key insights for faster hiring, team collaboration, and more data-backed hiring decisions;
Diverst, a mobile-enabled DEI&B culture platform that helps organizations create and manage employee resource groups (ERGs), build an engaging workplace culture, and manage, grow, and track the progress of their diversity and inclusion programs;
Employee Cycle, an HR analytics dashboard that pulls together disconnected employee data across multiple HR systems into one real-time, centralized, and shareable view;
Hive Learning, a programmatic peer learning platform that helps enterprise companies run digital culture change programs at scale, embedding behavior change by getting everyone on the same page about what good behavior looks like and giving people the tools to hold one another accountable;
HourWork, a recruitment and retention platform that helps employers who employ hourly workers increase applicant flow by engaging past applicants and former employees, uncover what matters most to their employees, and improve retention through automated check-ins at key milestones;
Textmetrics, a smart writing assistant platform that helps HR managers write effective and accurate content and remove biased language from job postings, improving organizational communications overall; and
WayUp, a recruitment platform that empowers organizations to build a diverse talent network by sourcing qualified candidates, primarily from underrepresented groups, for entry-level roles and internships.
All seven inaugural partners will exhibit at UKG Aspire, live in Las Vegas, November 6-9.
We are in a unique position to help companies around the world build healthy, diverse organizations and unlock their greatest potential, Today, we are accelerating this journey to help every one of our customers adopt a technology-enabled Life-Work philosophy that empowers their people to achieve a sense of belonging and sustains individual and business performance through diversity, equity, and inclusion initiatives. The Diversity Accelerator Program is uniquely positioned to lift up the diverse-owned and diversity-focused technology ecosystem and supports our purpose to make the working world a better place for all,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.
ChartHop | November 16, 2022
ChartHop, the leader in people analytics transforming the way companies manage and support their people, has recognized 10 People leaders redefining the HR discipline in its 2nd Annual People Pioneers Award. ChartHop created the People Pioneers Award to honor HR professionals who have positively impacted their companies and employees via company growth, cultural change, new benefits programs, and more.
"This past year we've seen a people-first revolution and People leaders have been tasked with developing programs for the whole employee lifecycle to create a true sense of workplace belonging, We celebrate this year's group of talented People Pioneers for their ability to drive change, embrace the future of HR, and pave the way for future leaders."
-said Ian White, founder and CEO of ChartHop
The 2nd Annual People Pioneers Award winners were nominated by their peers and selected by a rigorous judging process evaluating their impact on implementing people-first initiatives to positively influence both their people and business' bottom line. Winners earned their accolades for their success in establishing fair compensation policies, scaling company growth, increasing employee net promoter scores, and implementing DEI initiatives. This year's recipients are:
Adrianne Court, CHRO at Tealium
Aleksandra Paszkiewicz, Head of People at Netguru
Chad MacRae, VP of Talent at Tinder
JaNaye Norman, VP of People at Modo Labs
Jen Paxton, VP of People at Smile.io
Joanna Wise, SVP of People at Whip Media
Larry Indovina, Chief People Officer at Top Hat
My Doan Cong, Head of People at ALT
Natalie Rast, Director of People Operations at Stensul
Noah Warder, Head of People at Guusto
Chad MacRae, VP of Talent at Tinder, earned a spot on the list for bringing strategic foresight to his company's talent team and overseeing triple headcount growth over the last three years. Tinder hired 70% of its current employees under MacRae's leadership. Other key initiatives MacRae introduced to support this dynamic growth include creating workshops, moving to true scenario planning, and implementing the "Be Your Best Self-Education Reimbursement" program.
I help my team to lean into the current state of the business and examine the external drivers affecting a business and its headcount growth, With this focus, the Talent team has been able to plan for multiple scenarios while scaling through a global pandemic and launching hybrid work possibilities across North America,said MacRae.
My Doan Cong, Head of People at ALT, a champion for inclusivity and employee wellbeing, was chosen for her tremendous impact in creating an empathetic environment for all ALT employees. Since joining the company in early 2022, Doan Cong has rolled out several people-first initiatives: she authored employee leveling and raise structures, increased events and communication to promote belonging, and developed an employee wellness program addressing physical, mental, and financial health.
We've heard a lot of talk about driving efficiency across different tech companies, At ALT, we approach efficiency through a people-first lens by asking ourselves, 'How can I get folks to do their best work?' Engagement and feedback culture is really important, especially in companies with remote workers,said Doan Cong.
ChartHop is transforming the way companies manage and support their people. By consolidating people data into one employee-centric platform to visualize, discover, and act on insights, ChartHop creates more informed, empowered, and connected organizations. From executives to individual contributors to every employee in between, ChartHop is designed for everyone in the organization. ChartHop plays well with dozens of platforms through robust integrations across the HR tech stack, and serves companies like 1Password, BetterCloud, and Starburst. Founded in 2019 by Ian White, ChartHop is backed by Andreessen Horowitz.
beqom and SEB | November 18, 2022
beqom—a provider of cloud-based total compensation and continuous performance management solutions today announced the successful deployment of its total compensation solution at Skandinaviska Enskilda Banken AB (SEB), one of Europe’s oldest and most prestigious financial institutions.
The bank selected beqom to replace their partly spreadsheet-based processes and manage total compensation for their 16,000 employees across 20 countries. They sought to align global rewards processes, reduce time spent on administrative tasks, and compile compensation data from many different sources that could be accessed as needed by managers and other stakeholders to support informed decisions on a daily basis.
“We have a diverse, growing, and highly regulated business and needed a comp system that could cater to our needs, handling both global and local requirements. Our previous system relied on many exceptions and manual workarounds that were time consuming, introduced risk, and created compliance challenges. We’ve been running our total compensation processes on beqom for over a year now, and it has saved our HR comp team a lot of time, reduced risk, helped standardize and align our processes, and provided a great experience for our users. The feedback from stakeholders—managers, HR partners, CFOs in the businesses—has all been very positive.”
-Mattias Bergman, Process Owner Variable Remuneration C&B at SEB
beqom is a cloud-based provider of continuous compensation and performance management solutions that deliver personalized total rewards aligned with meaningful behaviors, goals, and skills. The solutions transform how companies reward and recognize their people, attract and retain top talent, and address pay equity and transparency. Managing all forms of employee compensation, beqom unifies all performance and reward processes to create a meaningful, people-centric experience across employee touchpoints, providing feedback, coaching, and rewards. beqom’s fully configurable solution integrates seamlessly into core HR suites, providing companies of any size and industry, such as Mercedes Benz, PepsiCo, Golub Capital, and DHL, with the flexibility needed to execute their performance and reward strategies and make the most of their human capital.
Founded in 1856, SEB divisions include Large Corporates & Financial Institutions; Corporate & Private Customers; Baltic; Life; and Investment Management. Profits in 2021 totaled SEK 30.9bn (3.17b USD, 2.97b EUR), with assets under management of SEK 2.6 trillion (275b USD, 256b EUR).
HR ANALYTICS, HR STRATEGY
Wisq | October 07, 2022
Wisq, the first platform designed for the social connection needs of employees, announced the launch of two new plans to help businesses foster personal connections and belonging in their organizations. With the new Free and Plus plans, Wisq enables more organizations to help their remote and in-office employees connect, discover and share interests, and create a greater sense of belonging.
As hybrid, remote and distributed work structures grow more popular, companies and teams of all sizes face the challenge of building personal connections. Wisq is creating a space in which employees can connect, discover common interests, create employee-led groups like employee resource groups (ERGs) and share experiences.
The tiered pricing model with two new plans, in addition to the current Wisq Enterprise plan for teams of more than 500, makes Wisq accessible to everyone:
Wisq Free:Designed for core groups just getting started, this no-cost offering supports a single administrator and up to 50 team members with unlimited groups, posts and messages. This option is ideally suited for small companies or divisions of larger employers that would like to try Wisq before a broader deployment.
Wisq Plus: For growing teams that want more functionality, this option supports up to five administrators and teams of up to 500 people while offering more robust administrative tools and reporting at a cost of $5 per individual each month.
These new plans are in addition to the core Wisq Enterprise version, which offers greater functionality tailored to companies' unique needs, including advanced admin and reporting capabilities, security assertion markup language (SAML)-based single sign-on for added security, priority inbox support, and dedicated customer success and account management teams.
"With this announcement, Wisq is responding to a clear market need for personal connection at work, Any team, big or small, can greatly benefit from the kind of connection that Wisq makes possible. Our customers' experiences have shown us that offering employees a distinct space for connection can deepen ties, enrich relationships and support a sense of belonging, community and happiness."
-Wisq co-founder and CEO Jim Barnett
The Importance of Belonging and Connection in the Workplace
As companies seek to retain and hire workers in a competitive job market, a sense of belonging to an organization is equally as important as pay and benefits. Happier employees are not only less likely to leave a company, but also are healthier, have lower rates of absenteeism, are highly motivated to succeed and have better relationships with their peers, according to MIT Sloan. Additionally, by increasing the feeling of belonging at work, companies have seen a 56% increase in job performance, a 50% drop in turnover risk and a 75% reduction in sick days, Harvard Business Review reported.
Companies that thrive socially and support a sense of belonging build resilience to disengagement. Trends like quiet-quitting, or choosing to not go above and beyond in a role, reflect a low sense of connection and belonging in an organization.
The day-to-day relationships that individuals establish with their co-workers play an important role in belonging, which is why Wisq has built its platform to support employee-driven communication. By carving out a specific space for belonging and connection in the workplace, Wisq is strengthening personal development and interpersonal relationships, which help individuals grow and thrive, and play a role in building a healthy, vibrant organization.
Hear what companies using Wisq have to say:
While we have a great culture, Torch employees have voiced difficulties connecting with people outside of their immediate team. Wisq helps us bring the amazing and unique stories of all our employees together to build a stronger foundation for our culture, as well as our individual and collective success, said Amy Lavoie, vice president of People Success, Torch.
FICO uses Wisq to strengthen relationships throughout our 3,500-person, globally distributed company. Our team was looking for a way to recreate in-person water cooler conversation and casual, fun moments of socialization. Through Wisq, we're meeting this need and getting to know colleagues across teams, departments and time zones like never before, Richard Deal, executive vice president, chief human resources officer, FICO
By utilizing Wisq, our team can get to know each other without the pressure or stress of getting a task done or trying to solve a problem. Even the smallest moments of connection can move mountains for our relationships, helping our team get to know each other on a more personal level, Alex Jones, vice president for Institutional Advancement, Roberts Wesleyan University
Wisq is a space for life at work. The Wisq platform helps employees improve social well-being by enabling them to connect, share and build relationships at work. Organizations increase employee engagement, improve belonging and retention and build happy work cultures. Wisq enables smart profiles, intuitive sharing, community building and audio lounges for informal hangouts. Based in Redwood City, CA, the company was founded by three former Glint executives: Jim Barnett, chief executive officer; Goutham Kurra, chief product officer; and Chih-Po Wen, chief technology officer. Wisq has raised more than $40 million and is backed by True Ventures, Norwest Venture Partners and Shasta Ventures.