HR ANALYTICS

Paylocity Teams Up With Deloitte to Launch Modern Workforce Research

Paylocity | April 29, 2021

Paylocity, the main supplier of cloud-based HR and finance programming arrangements, today declared the arrival of a broad autonomous investigation by Deloitte that uncovers critical freedoms for organizations to set aside time and cash in their HR and finance measures, opening up assets to put resources into workers and culture.

As organizations across numerous states resume and the work market acquire steam, HR groups are exploring new representative assumptions for post-pandemic workplaces alongside complex and advancing consistency principles. The pandemic heightened patterns that were at that point arising as recent college grads moved into dynamic jobs and Gen Z entered the labor force. Interfacing topographically scattered and versatile representatives, expanded accentuation on worker tuning in and criticism, and speeding up learning and development were turning out to be business needs. Presently, to help groups getting back to work, 90% of respondents to a Gartner review said they expect proceeding with the mixture work model and 44% will offer extra advantages like emotional well-being and childcare depart.

Notwithstanding these progressions and the extra exertion that they will require, finance and HR experts are tested to explore the most significant enactment to businesses since the Affordable Care Act was passed 10 years prior, with a remarkable number of duty changes, paid debilitated time, family and clinical leave, and even representative security. Recognizing wasteful cycles and computerizing them is currently table-stakes as organizations can presently don't bear to have their HR groups devoured by asset concentrated assignments.

About Paylocity

Paylocity is a main supplier of cloud-based HR and finance programming arrangements settled in Schaumburg, IL. Established in 1997 and traded on an open market since 2014, Paylocity offers a natural, simple to-utilize item suite that assists organizations with handling the present difficulties while pushing them toward the guarantee of tomorrow. Known for its exceptional culture and reliably perceived as probably the best work environment, Paylocity goes with its customers on the excursion to make extraordinary work environments and assist individuals with accomplishing their best through computerization, information-driven experiences, and commitment.

About Deloitte

Deloitte gives industry-driving review, counseling, expense, and warning administrations to a significant number of the world's most appreciated brands, including almost 90% of the Fortune 500® and above 7,000 privately owned businesses. Our kin meets up for everyone's benefit and work across the business areas that drive and shape the present commercial center — conveying quantifiable and enduring outcomes that help build up open trust in our capital business sectors, motivate customers to consider difficulties to be freedoms to change and flourish, and help lead the path toward a more grounded economy and a better society. Deloitte is glad to be essential for the biggest worldwide expert administrations network serving our customers in the business sectors that are generally critical to them. Expanding on over 175 years of administration, our network of part firms traverses more than 150 nations and regions.

Spotlight

Your company has a lot on the line and one bad hire can jeopardize everything. The impact of a bad hire can spread through your company and leave a trail of harmful consequences behind. Your company faces damages to its assets, brand, reputation and employee morale. While some of these things can be replaced, certain results of a bad hire are irreparable. Getting ahead of a negligent hiring claim or recovering from a serious incident of workplace violence is almost unimaginable. Your company has more at risk than you might think.


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EMPLOYEE BENEFITS

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

Landrum HR | January 07, 2022

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.

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DIVERSITY AND INCLUSION

PeopleScout's Affinix™ Wins Award for Diversity and Inclusion Innovation in Brandon Hall Group's Fall 2021 Excellence in Technology Program

PeopleScout | January 12, 2022

PeopleScout's proprietary talent acquisition technology, Affinix™, has been named a Bronze winner for Best Advance in Diversity and Inclusion Innovation in Brandon Hall Group's Fall 2021 Excellence in Technology Awards Program. Affinix is a mobile-first, cloud-based platform that creates a consumer-like candidate experience and streamlines the recruiting process through intelligent automation. Affinix brings together applicant tracking systems (ATS), candidate relationship management (CRM) systems, artificial intelligence, machine learning, digital marketing, predictive analytics and digital interviewing, providing a seamless experience for candidates, rapidly supplying a qualified talent pool to hiring leaders, and driving efficiencies through innovation. "With the criticality of diversity, equity and inclusion initiatives for organizations around the world, PeopleScout recognized the need for enhancements to our Affinix Analytics dashboards to better help our clients attract a diverse pool of applicants, This recognition from Brandon Hall is strong validation of the value of this important work, which we will continue as we partner with our clients to deliver the solutions they need to further their DE&I objectives and accurately and efficiently measure their progress towards their goals." -Taryn Owen, PeopleReady and PeopleScout President & COO. PeopleScout was recognized for expanding strategic insights in Affinix Analytics—the company's data and reporting tool that includes job seeker analytics and operational metrics—to support the organization's overall focus on diversity and inclusion. With a new standard dashboard for client diversity initiatives, employers can better understand progress toward diversity goals and determine where to focus their efforts. PeopleScout continues to lead the talent acquisition industry with its innovative talent technology and solutions. Previous recognition for Affinix includes: Affinix was named a winner for Best Analytics, Measurement, and Business Impact Solution in the 2021 HR Tech Awards Affinix won two Silver Awards in Brandon Hall Group's 2021 Excellence in Future of Work Awards Affinix won Platinum in the 2021 Titan Business Awards for Superior Product Innovation About Brandon Hall Group Brandon Hall Group is a research and analyst firm, with more than 10,000 clients globally and 25 years of delivering research-based solutions that empower excellence in organizations around the world through our research and tools each and every day. Our vision is to inspire a better workplace experience. Our mission is to empower excellence in organizations around the world through our research and tools each and every day. About PeopleScout PeopleScout, a TrueBlue (NYSE:TBI) company, is a leading RPO provider managing talent solutions that span the global economy, with end-to-end MSP and talent advisory capabilities supporting total workforce needs. PeopleScout boasts 97% client retention managing the most complex programs in the industry. The company's thousands of forward-looking talent professionals provide clients with the edge in the people business by consistently delivering now while anticipating what's next. Affinix™, PeopleScout's proprietary talent acquisition platform, empowers faster engagement with the best talent through an AI-driven, consumer-like candidate experience and optimizes the talent process through data and actionable insights. Leveraging the power of data gleaned from engaging millions of candidates and contingent associates every year, PeopleScout enhances talent intelligence for clients across more than 70 countries with headquarters in Chicago, Sydney and London and global delivery centers in Toronto, Montreal, Bristol, Krakow, Gurgaon and Bangalore.

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WORKFORCE MANAGEMENT

CrossCountry Consulting Announces Spin-Off of Workday Practice into Standalone Technology Company CrossVue

CrossCountry Consulting | April 27, 2022

CrossCountry Consulting, a leading business advisory firm, announced a spin-off of its Workday practice into a standalone company, CrossVue, dedicated exclusively to the Workday ecosystem. As a full-service Workday deployment partner, CrossVue will remain committed to providing exceptional Workday services and solutions to drive business transformation. CrossCountry will continue to deliver business advisory and technology solutions that enable companies to transform operations, minimize risks, and achieve future growth. Backed by RLH Equity Partners, CrossVue will further develop its position in the industry with a powerful go-to-market strategy led by CEO Jill Jones, CrossCountry's former Workday Practice Lead. As a contemporary consulting firm that provides the blueprint for modernizing client operations and processes through Workday, CrossVue will continue to provide advisory, deployment, and post-production support to clients throughout a wide range of industries including medium to large enterprise, healthcare, financial services, private equity, and nonprofit. "Over the past 11 years, we've built a strong reputation for being fast and nimble in order to reach our goals and to serve our customers, Today's announcement clearly marks another significant accomplishment in our firm's history, and we look forward to continued growth and success across our advisory services and technology solutions. Both CrossCountry and CrossVue will continue our strategic relationship and partnership as we utilize the complementary strengths of both firms to support our clients." -Erik Linn, Co-Founder and Managing Partner of CrossCountry Consulting. CrossCountry's Advisory business has a demonstrated record of excellence and performance over the past 11-years. The strategic focus on advisory and technology-enabled solutions will position CrossCountry to continue to capitalize on favorable industry trends, better serve its clients, and enhance its growth. CrossCountry Consulting is a trusted business advisory firm that provides comprehensive solutions encompassing business transformation, technology, accounting, risk, and cybersecurity. We partner with our clients to help them navigate complex business challenges and achieve goals related to improving operations, minimizing risks, and enabling future growth. AboutCrossVue CrossVue is a contemporary consulting firm providing the blueprint for modernizing client operations and processes through Workday. As a leading Workday advisory, deployment, and post-production support firm, we drive critical results for our clients and help them reach their transformation goals through the Workday platform.

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RECRUITMENT & RETENTION

IT Workers Will Be Hard to Find and Keep in 2022

SHRM | December 14, 2021

Three recently published reports suggest that while the demand for technology will remain high in 2022, skilled IT workers will be hard to find and difficult to keep. These trends will disrupt technology projects, but they will also close the gap between technology and HR leaders according to a survey report titled The Impact of Technology in 2022 and Beyond: an IEEE Global Study. The report reveals that 97 percent of IT leaders agree that their team is working more closely than ever with human resource leaders to implement workplace technologies—though it may take longer than usual due to the staffing shortages. The Institute of Electrical and Electronics Engineers (IEEE) report, which was published in November, relied on 350 chief information officers, chief technology officers, IT directors and other technology leaders in the U.S., China, U.K., India and Brazil who work at organizations with more than 1,000 employees across multiple sectors. The IT leaders shared their views on the state of HR technology as the impact of COVID-19 continues to change the workplace. Respondents predict that in 2022 they'll have a plethora of difficult IT problems to solve: Maintaining strong cybersecurity for a hybrid workforce of remote and in-office workers (83 percent). Managing return-to-office health and safety protocols, software, apps and data (73 percent). Deciding what technologies are necessary for their company in the post-pandemic future (68 percent). Recruiting technologists and filling open tech positions will be difficult to do in the year ahead (73 percent). A survey published in October by TalentLMS, part of the Epignosis Group of Companies, and recruiting software company, Workable, suggests there's more trouble ahead. The companies polled 1,200 IT workers for its report and found 72 percent of respondents in the U.S. said they are thinking of quitting their jobs in the next 12 months. Respondents cited several reasons to quit, with 41 percent saying their jobs had limited career progression, 40 percent noting a lack of flexibility in working hours, and 39 percent citing a toxic work environment. "The percentage of IT workers [who] are thinking about quitting their jobs is higher than I would imagine," - Periklis Venakis, chief technology officer at Epignosis. Venakis said employers will have to adapt to remote work, which will continue after the pandemic ends. He added that HR should see this as an opportunity because companies can find employees in markets that were closed to them prior to the pandemic. One company that is watching its IT staff turnover rates is Cloudflare Inc., an infrastructure and website security company based in San Francisco. According to Janet Van Huysse, Cloudflare's senior vice president and chief people officer, since the pandemic began, the company's employee turnover rate peaked in May 2021. Cloudflare has more than 2,200 employees and an IT organization of 964 workers globally. "Since March 2020, the IT organization accounted for approximately 30 percent of all our terminations, most of which were voluntary, Primarily, these were due to either career progression, opportunities elsewhere, or because of performance or capabilities fit," -Janet Van Huysse, Cloudflare's senior vice president and chief people officer She agreed with the 2021-2023 Emerging Technology Roadmap for Large Enterprises report from Gartner Inc., published in September, in which 64 percent of IT executives cite talent shortages as the most significant barrier to the adoption of emerging technology, compared with only 4 percent in 2020. Gartner's survey also showed that among the technology areas affected by IT talent shortages are computer infrastructure and platform services, network, security, digital workplace, IT automation, storage and database systems. IT executives cited talent availability as the main adoption risk factor for the majority of IT automation technologies (75 percent) and nearly half of digital workplace technologies (41 percent). Yet across all technology domains, 58 percent of respondents reported either an increase or a plan to increase emerging technology investment in 2021, compared with 29 percent in 2020. As companies seek IT skills, Huysse said HR leaders need to be open-minded about where talent comes from and embrace unconventional paths to tech by using more inclusive hiring strategies. She added that looking in unconventional areas for talent also means seeking applicants from more geographies. While a larger talent pool diversifies the candidate pipeline, it also creates more complexities for organizations. HR leaders must be flexible in their approach and be ready to support teams and leaders as they make this transition.

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Spotlight

Your company has a lot on the line and one bad hire can jeopardize everything. The impact of a bad hire can spread through your company and leave a trail of harmful consequences behind. Your company faces damages to its assets, brand, reputation and employee morale. While some of these things can be replaced, certain results of a bad hire are irreparable. Getting ahead of a negligent hiring claim or recovering from a serious incident of workplace violence is almost unimaginable. Your company has more at risk than you might think.

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