PAYCOM NAMED ONE OF GLASSDOOR’S BEST PLACES TO WORK FOR 2020

Paycom | December 12, 2019

Paycom Software, Inc., (NYSE:PAYC), a leading provider of comprehensive, cloud-based human capital management software, has again been recognized with an Employees’ Choice Award as one of Glassdoor’s 2020 Best Places to Work among large-sized U.S. companies. “This honor is especially significant, considering it is based on the cumulative opinions of those who are and have been a part of the Paycom family,” said Paycom’s founder and CEO, Chad Richison. “Receiving this recognition is a testament to the culture we work hard to develop. We remain committed to fostering a workplace that’s attractive to today’s workforce, so we are continuously looking at new benefits to further enhance the employee experience.” At No. 65 on this year’s list, Paycom is one of the top-ranked technology providers and the top-ranked Oklahoma company. The honor marks Paycom’s fifth appearance on the popular careers website’s annual list. Currently, Paycom has an overall rating of 4.5 out of five stars on Glassdoor, while Richison boasts a CEO approval rating of 96%. Paycom employees enjoy numerous workplace perks and benefits, including social events; paid parental leave; an employee stock purchase program; $1 per-pay-period health insurance; a free, on-site gym with fitness classes; and subsidized lunches catered daily.

Spotlight

95% of Americans think it should be mandatory to determine whether a person has a criminal background before taking a new job. This is one of the many insights from our latest research with Kelton Research. Our survey was designed to better understand how American citizens feel when it comes to employment background checks and the impact they have on their professional and personal lives. With more than 1,000 participants involved in the study, this is the largest survey ever conducted among the American population on the subject – and the results may surprise you.


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HR STRATEGY,EMPLOYEE BENEFITS

UKG Announces 2022 Innovation Award Winners at UKG Aspire

UKG | November 25, 2022

UKG, a leading provider of HR, payroll, and workforce management solutions for all people, today announced winners of the UKG Aspire 2022 Innovation Awards, which celebrate customers using UKG people technology in innovative ways to solve complex problems, create empowering workplaces, and drive exceptional business outcomes. The Innovation Awards are a longstanding UKG tradition that recognizes the achievements of customers going above and beyond to create meaningful and connected experiences for their people, including past winners BJ’s Wholesale Club, Clif Bar and Company, City of Oklahoma City, FIRST Premier Bank and Premier Bankcard, and Trexon. “Customers are at the heart of everything we do. They are the driving force behind our ‘Partner for Life’ promise, as well as our commitment to constant innovation, This year’s award winners represent the incredible successes of our customers worldwide, across our solutions. We celebrate their accomplishments and applaud their innovative spirit.” -Bob Hughes, chief customer and strategy officer at UKG This year’s UKG Aspire Innovation Awards winners include: TravelBrands and Coast Mental Health in the Product Suite category, for their innovative use of the UKG suite of human capital management and workforce management solutions. One of the largest travel companies in Canada, TravelBrands is leveraging UKG to scale its continued growth. Since rolling out its full-suite solution, the company has experienced a 10% decrease in employee turnover, a 50% decrease in time spent creating financial reports, and a total first-year savings of $150,000. Meanwhile, Coast Mental Health, a provider of housing, support, and services to people in Canada with mental health challenges, is using UKG to manage its complex union workforce. Managers no longer have to spend hours calculating premiums related to collective agreements, and its finance center doesn’t have to allocate cost centers and percentages. Bethpage Federal Credit Union and Hamadeh Educational Services, for their successes in HR Transformation. With UKG Pro, managers at Bethpage have a more active role in the recruitment process. The company has automated offer letters and transfer forms, and eliminated spreadsheets previously used for compensation planning. With UKG Ready, Hamadeh has moved from paper to a fully electronic system, dramatically cutting its carbon footprint and saving several hours each week that had been spent on filing, scanning, copying, and shredding. Co-Operators, for ROI achieved through its use of Pro. The Canadian-owned insurance co-operative is leveraging data and insights from its UKG solution to create dozens of easily accessible dashboards and reports, saving more than $300,000 in productivity improvements and system savings. Greenville County Schools, TTCU Federal Credit Union, and Community Healthcare System, for their innovative use of UKG Life-work Technology, in the Innovation Evangelist category. With UKG Wallet, all 11,000 employees at Greenville County Schools have early access to their earned wages as well as payroll cards, discounts, and financial wellness tools, providing an additional measure of financial stability. Community Healthcare System is using UKG Dimensions employee self-scheduling, which allows workers to select their preferred shifts — leading to greater autonomy, satisfaction, and overall engagement. And with UKG HR Service Delivery, authorized employees of TTCU Federal Credit Union can access documents from anywhere, dozens of manual tasks have been moved to a digital workflow, and the organization’s service desk is administering more than a dozen types of actions and requests. The results we’ve experienced with our full-suite UKG solution, in just one year, are simply remarkable, Not only have we gained significant efficiencies, but we’re also providing a more empowering and engaging experience for our employees in support of the important, people-centric mission we share with UKG,said Diana Valler, chief human resources officer at TravelBrands. Championing great workplaces and helping to create purposeful work through the use of innovative technology are central to who we are, Our purpose is to create meaningful experiences for organizations and their people, and we are proud of, and humbled by, the outstanding results UKG technology delivers every day to our award winners and all our customers across the globe,said Chris Todd, CEO at UKG. About 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.

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HR ANALYTICS

ChartHop Honors People-First HR Leaders Through 2nd Annual People Pioneers Award

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. About ChartHop: 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.

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HR PRACTICE,EMPLOYEE BENEFITS

Nucleus Research Identifies HiBob as a 'Hot Company' to Watch in 2023

HiBob | December 08, 2022

HiBob, the company behind Bob, the HR platform transforming how organizations operate in the modern world of work, today announces it has been named to Nucleus Research's Hot Companies to Watch list for 2023. In identifying the hot companies, Nucleus considered each vendor's current market position and their potential for impressive growth, justifying inclusion based on the vendor's momentum and recent successes. Some vendors on the list typify innovative approaches or new applications of technology; other companies are on the cutting-edge of their respective markets, delivering novel technology capabilities to customers and seeking to unseat incumbent solutions. All vendors featured in this research note have moved towards driving customer value amid an uncertain economic landscape. HiBob was recognized by Nucleus for its ability to deliver a high ROI and support a wide range of verticals and organizations with large remote workforces. In addition, Nucleus cited HiBob's new Workforce Planning module that introduces strategic future people planning and lets companies easily determine hiring needs to reduce instances of over- and under-staffing and be better prepared for changing business conditions. "The tech industry is facing headwinds as we go into 2023, but a number of vendors offer exceptional value for their customers, The vendors in the hot companies to watch list are companies that stand out for their unique, industry-leading, and high value solutions." -Ian Campbell, CEO of Nucleus Research The 2023 Hot Companies to Watch List includes many vendors whose capabilities have become even more crucial as businesses continue to streamline processes or make transitions due to the economic uncertainty, and HiBob fulfills all our criteria in this respect, he concluded. With another year of financial uncertainty looming, Nucleus Research looks to identify companies that address the world's shifting priorities, and to rising and falling trends as end-user organizations further discern what parts of their technology stack actually deliver value. CFOs are expecting to take a closer look at their balance sheets next year and filter out "nice-to-haves" in favor of critical applications. Helping customers leverage their data to modernize the way businesses manage and look after their people drives our entire organization each and every day, Being named to Nucleus' 2023 Hot Companies to Watch list testifies to HiBob's mission of enabling businesses to put employee data to work in new ways that shape the workplace of the future. We aim to help create work environments where both people and businesses can thrive,said Ronni Zehavi co-founder and CEO at HiBob. About HiBob HiBob is on a mission to transform how organizations operate in the modern world of work with its HR platform 'Bob'. Leading the way for the future workplace, Bob offers resilient, agile technology that wraps all the complexities of HR processes into a game changing, user-friendly tool that touches every employee across the business. HiBob is used by more than 3,000 multinational companies - including Cazoo, Gong, Hopin, Monzo, Happy Socks, Fiverr, and VaynerMedia. Organizations using Bob are able to accelerate hiring, retain the best talent, upskill and elevate employee engagement.

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HR PRACTICE,HR STRATEGY

Cognizant to Expand Workday Expertise and Services with Acquisition from OneSource Virtual

OneSource Virtual and Cognizant | November 03, 2022

Cognizant (NASDAQ: CTSH) has entered into an agreement to acquire the professional services and application management practices of OneSource Virtual, a Workday partner based in Dallas, Texas. Acquiring these practices will complement Cognizant's existing finance and HR advisory implementation services with Workday, expanding capabilities in consulting, deployment, and post-deployment support across North America and the United Kingdom. "Adoption and migration to the cloud to manage workflows is only accelerating, and the Workday platform ecosystem continues to be embraced as a critical tool to provide finance, HR, and other functions greater resiliency and agility. Acquiring the professional services and application management practices from OneSource Virtual enables Cognizant to expand our client offerings and provide end-to-end support in the business transformation journey, We are pleased to be welcoming the talented professionals from OneSource Virtual who will join Cognizant in growing and expanding our Workday capabilities globally." -Rob Vatter, Executive Vice President of Cognizant's Enterprise Platform Services Cognizant will gain nearly 400 new employees upon closing of the acquisition, enhancing its expertise and number of professionals holding certifications in Workday implementation and support. Located throughout the United States, Canada, and the United Kingdom, these individuals will join Cognizant as part of its Collaborative Solutions team, the hub of Cognizant's Workday practice. Acquired by Cognizant in 2020, Collaborative Solutions is one of the longest-tenured Workday Services Partners. We believe that our shared value of customer centricity makes Cognizant the ideal home for our professional services and application management services businesses while we concentrate on the Business Process as a Service (BPaaS) division going forward, We also believe customers will appreciate the way this sharpens the focus of the professional services, application management, and BPaaS teams and enables them to operate independently to speed up investment in new products and geographical expansion. In the end, what we are all about is providing growth and innovation for our customers, and we are confident that this will enhance our ability to do that more effectively,said Trey Campbell, Chief Executive Officer, OneSource Virtual. We are excited about Cognizant's acquisition of OneSource Virtual's professional services and application management practices, We look forward to continue partnering to help our customers embark on their digital transformation journeys and equip leaders with the finance and people insights they need to respond to shifting business needs,said Sam Alkharrat, Chief Partner Officer, Workday. The acquisition is anticipated to close by year-end 2022, subject to satisfaction of closing conditions. Financial details were not disclosed. About OneSource Virtual OneSource Virtual is a leading provider of Workday Services, Solutions, and Products. Founded in 2008 in Dallas, Texas, OSV operates in North America and Europe to deliver outcomes that boost productivity, improve compliance, and increase internal capacity for over 1,300 customers around the world. Since its founding, OSV has been awarded numerous accolades and has a 98% retention rate. OSV's leadership teams are composed of highly experienced professionals in their respective fields. Together they offer the expertise and deep knowledge of the global marketplace to deliver comprehensive solutions and services for HR and Finance and Accounting. About Cognizant Cognizant (Nasdaq: CTSH) engineers modern businesses. We help our clients modernize technology, reimagine processes and transform experiences so they can stay ahead in our fast-changing world. Together, we're improving everyday life.

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Spotlight

95% of Americans think it should be mandatory to determine whether a person has a criminal background before taking a new job. This is one of the many insights from our latest research with Kelton Research. Our survey was designed to better understand how American citizens feel when it comes to employment background checks and the impact they have on their professional and personal lives. With more than 1,000 participants involved in the study, this is the largest survey ever conducted among the American population on the subject – and the results may surprise you.

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