SkillSurvey Appoints Ward Schultz as Chief Financial Officer

SkillSurvey | July 22, 2020

SkillSurvey, the leading provider of cloud-based solutions that help organizations find and retain great talent today announced the appointment of Ward Schultz as Chief Financial Officer. Ward brings a long track record of successful financial leadership guiding transformation, development and revenue generation across Fintech, SaaS and transaction-based organizations ranging from startup to enterprise level.

“We’re very excited to welcome Ward to SkillSurvey as we expand our platform of solutions that help organizations assess skills, hire the best individuals and leverage post-hire data and analytics to retain top talent,“ said Ray Bixler, Chief Executive Officer at SkillSurvey. “Ward’s deep experience and history of driving optimization and innovation within financial management will support SkillSurvey’s growth, efficiency and performance.”

Spotlight

Employee engagement continues to be a priority for organizations. However, as much as HR professionals focus on it, workplaces are not moving the needle. Current studies show that fewer than 1 in 3 employees are engaged worldwide. And on a related topic, only 45 percent of U.S. employees are “satisfied” at work. Not only do organizations face disengagement by large numbers of employees, there’s a cost to the bottom line. According to The Engagement Institute, disengaged employees cost organizations between $450 and $550 billion annually. For the purposes of simple math, if you consider the number of full-time workers in the U.S. is approximately 125 million, the cost of disengagement is roughly $4,000 per employee.


Other News
EMPLOYEE BENEFITS

Betterleave Bereavement Launches Exclusive, Bereavement Benefit for Employees

Betterleave | April 04, 2022

Betterleave Bereavement announced the launch of its bereavement care platform for employers and health plans, built to support employees experiencing the death of a family member, friend, colleague, pet or pregnancy loss. Companies use Betterleave to help employees navigate the complex bereavement landscape with the help of care coordinators and top death care experts, products & services together in one place, saving time and money. Betterleave's program delivers bereavement care through personalized funeral, memorial and estate coordination, life & financial planning, and integrated grief resources. "Betterleave is addressing a critical gap in employer support by offering a platform that equips HR partners and managers with the tools & insights to support employees experiencing bereavement" -Tracy Desmond, Head of Global Benefits, Wellbeing & Mobility at Airbnb. Betterleave is the only comprehensive bereavement benefit for employees, disrupting how the market and employers are approaching bereavement leave & support for working families. By offering tech-enabled, personalized coordination through the Betterleave platform, companies are able to support the wellbeing of their employees. "At a time when the best talent is looking for more, Betterleave is offering employers a way to demonstrate that they truly care about their employees, We are excited to be part of Betterleave's quest to modernize the death care industry." -Dana Zachgo Wright, Managing Director at MATH Venture Partners. While the death care industry continues to take steps forward, the majority of providers are still stuck in the past. The experience individuals have today is fragmented, expensive and time consuming–taking over 500 hours to settle affairs after the death of a loved one. Driven by the mission to make understanding and navigating death care effortless, Betterleave has created a platform to help with the administrative, financial, and emotional impact of bereavement. "We believe that bereavement care is a core and essential component of health and wellbeing, We are not solving for a temporary need or trend, but a fact of life. Bereavement impacts all of us and we plan to drive meaningful, digital & sustained change to the industry." -Cara McCarty, Founder & CEO, Betterleave. Founded in 2022, Betterleave is backed by HR Leaders, Strive Ventures, Math Venture Partners, and The Fund.

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TALENT MANAGEMENT

Successful Early Stage HR Tech Founder & High Growth Sales Leader Joins PredictiveHire to Lead Expansion into North America

PredictiveHire | January 06, 2022

PredictiveHire, creator of the world's first Smart Interviewer, today announced Nick Bosch is joining the company as its Head of Growth, North America. In this new role Bosch will lead sales, partnerships and customer success within North America. The appointment of Bosch is off the back of a huge year for PredictiveHire, with the Australian-headquartered company growing by 300% in the last 12 months, with 25% of that growth coming from the US and EMEA. They have helped over 1.2million candidates apply for jobs across 47 countries. "There is simply no other interview-product like ours in the US and given the current intense need for talent at all levels there we're truly excited to show what our Smart Interviewer, Phai, is capable of, Bosch was the perfect person to help lead the charge into the US market with his background in HR Tech, as both a co-founder of Reschedge, overseeing its rapid growth leading to the acquisition by HireVue, and having been a key sales leader at Beamery. " -PredictiveHire CEO Barb Hyman Bosch said he signed on to the role as soon as he saw the product and spoke to customers about the impact it was having in their organizations. "This is the simplest yet most sophisticated way to deliver quality candidates to companies - while saving time and money. Companies short of talent don't need to sacrifice quality if they use Phai. I'm looking forward to being part of PredictiveHire transforming how talent decisions are made in the US and Canada." - Bosch Hyman said PredictiveHire addressed three big challenges facing many US companies right now - it creates a fair hiring experience helping companies deliver on Diversity, Equity and Inclusion ; it lives up to the market expectations of a candidate-centric approach; and it solves for the need-for-speed in hiring. About PredictiveHire PredictiveHire's mission is to help companies unlock and engage talent at scale. Aiming to deliver the world's Smartest Interviewer, Phai, powered by the world's largest source of 1st party proprietary text data and advanced Natural Language Processing, we turn simple text conversations into unprecedented talent intelligence enabling organisations. We interrupt hiring bias at scale, get to the right talent fast and give every candidate an experience they love.

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HR PRACTICE

Cynet Systems Earns Supplier Excellence Award from KellyOCG® for Delivering Unrivaled Workforce Solutions

Cynet Systems | June 02, 2022

Cynet Systems was one of 28 suppliers recently recognized at a virtual ceremony by KellyOCG®, the outsourcing and consulting group of Kelly, with a Supplier Excellence Award for providing superior workforce solutions with a focus on service, results, and a strategic partnership that made a significant positive impact on the KellyOCG business. Award winners represent top-performing suppliers across North America, EMEA and APAC and are less than 1% of the total KellyOCG supply chain, which includes 3,000 active partnerships across 140 countries. The tenth annual event celebrated this year's honorees, which included four diversity-owned suppliers within the KellyOCG Supplier Excellence and Going the Extra Mile award categories and a Rookie of the Year award recipient. Cynet Systems was one of 26 Supplier Excellence Award winners. Winners in this category are evaluated on performance across several programs for hires, and response and hit rates, legal compliance, and operational partnerships with Kelly stakeholders. "Our global supplier community is essential to supporting our customers with talent solutions that solve their most challenging workforce needs to move their business forward. We congratulate all our 2021 Supplier Award winners and thank them for their ongoing partnership and support, Cynet Systems is among an elite group of high-performing suppliers who are critical to the work of the future. We're honored to recognize them for their exceptional performance to connect customers with the full spectrum of top talent around the world." -Pam Sands, Vice President of Product Management and Partnerships for Kelly. About Cynet Systems Headquartered in the Washington DC Metro Area, Cynet Systems is one of the most awarded Staffing firms in the US successfully adding value to various Fortune companies as a trusted diversity supplier. Since our humble inception in 2010, Cynet today spans 4 countries and employs over 3000 members. We continue to resolve our valued clients' challenges across technical and engineering disciplines, as well as many professional verticals. At Cynet, we have invested heavily in our tech stack and have implemented data & analytics-driven recruiting strategies, including heat maps and predictive analysis to pipeline effectively, reduce turn-around-time and improve quality. Many of our processes are automated to increase speed, without compromising quality. We are millennial-friendly with 100% digital & mobile-friendly recruitment and onboarding processes. About KellyOCG® KellyOCG connects companies with the talented people they need to fuel and grow their business through our unrivaled global talent supply chain and leading workforce solutions including Managed Service Provider (MSP) and Recruitment Process Outsourcing (RPO). We combine decades of people industry experience with proprietary insights and a continued focus on technology to produce world-class programs that meet an organization's unique workforce needs and can start them on their journey to total talent management. Our ability to anticipate what's next for talent solutions drives us to challenge the status quo making us a trusted partner for our global client portfolio, which spans leading industries across North America, APAC and EMEA.

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HR STRATEGY

BrightPlan Unveils Strategy and New Solutions to Address Top Business and HR Challenges

BrightPlan | January 20, 2022

BrightPlan, a leader in Total Financial Wellness, today unveiled its strategy and first phase of new solutions for addressing four top challenges business and HR leaders continue to face in 2022: attracting and retaining talent, driving employee experience and engagement, supporting employees' holistic well-being and fostering a culture of diversity, equity and inclusion (DE&I). BrightPlan's integrated strategy encompasses new and enhanced product capabilities including the Total Rewards Statement, financial wellness check-up and data and insights that support employer DE&I efforts. Close to two years into the pandemic, the war for talent rages on as a substantial number of workers continue to fuel the Great Resignation. In November 2021, a record number of 4.5 million Americans voluntarily quit their jobs. Lack of engagement and burnout is common: 67% of employees are disengaged at work and 85% say their well-being has declined. Inclusion is also important in this mix with 51% of employees who quit did so because they did not feel a sense of belonging. At the heart of these issues is the employee experience: talent acquisition, engagement, wellness and DE&I challenges all stem from disconnected or unhappy employee experiences that impact the way we work. "The long, anticipated future of work is now, By supporting our customers, listening closely and responding to their evolving needs, we are providing tangible solutions that enable them to address these business challenges, further establishing our commitment as a trusted partner to employers and HR leaders nationwide." -Marthin De Beer, founder and CEO of BrightPlan. BrightPlan's multi-phased strategy outlines the company's approach to solving four pressing challenges faced by businesses today: Attracting & Retaining Talent: To win in this competitive talent market, employers need to create a reputation for stellar culture and a great place to work. In the quest for hiring top talent, recruiters aren't always well-equipped to sell the value of an employer's Total Rewards offering and current employees may not fully understand the benefits that are already available to them, putting employers at a disadvantage in competing for top talent. BrightPlan's new Total Rewards Statement, is an easy-to-use tool customized by company and job candidate that explains the value of total rewards. Additionally, BrightPlan is developing more financial education courses integrated with employer benefits that are relevant to different life stages, like Investing 101 and BrightPlan Guides to getting married, buying a home and more. Employee Experience & Engagement: In our new work reality, employers need to provide their people with the services and support they need to be well, engaged and productive by bringing empathy, care and a more human experience into the workplace. This is core to the employee experience as workers increasingly demand support from their employers. For example, the employee experience is compromised when benefits are inconsistent across geographies and spread across multiple, disjointed platforms. With BrightPlan's recently announced global support for employees of US-based companies working in Canada, the U.K., Australia and New Zealand, as well as expanded services for tax planning and preparation, estate planning, student loan optimization and investing enhancements, BrightPlan's Total Financial Wellness solution helps create a more cohesive experience that addresses all aspects of employees' financial lives. Holistic Well-Being: Holistic well-being recognizes the need to care for the "whole person," including their physical, mental, financial and social well-being, but many employee wellness programs are incomplete, generic and obscured. They ignore the top cause of employee stress – finances. Nearly 65% of workers reported they were stressed about finances, leading to worsened mental and physical health. With BrightPlan's new financial wellness check-up —a series of questions to gauge employees' financial wellness—employers receive aggregated insights on the financial well-being of their employees. In addition, BrightPlan provides quarterly reports and dashboards that bring clarity into the adoption and success of employee holistic well-being initiatives. "Supporting employee holistic well-being means meeting people where they are physically, mentally and financially, BrightPlan helps us empower our associates to bring their best selves to work. We are excited they continuously listen to our feedback and develop capabilities to further support our associates in achieving their financial goals." -Lindsay Madaras, LivingWell manager at Alliance Data. Diversity, Equity & Inclusion: Fostering a culture of inclusiveness and belonging where every individual feels welcome can be challenging. There is no one-size-fits-all solution and many employer programs do not adequately address the unique needs of underrepresented groups. Financial wellness is key to DE&I since true diversity, equity and inclusivity in the workplace is about recognizing each employee's unique background and supporting them in their well-being journey. Due to the wealth gap for underrepresented groups, inclusion in the workplace should also focus on fostering a sense of financial security through equal pay, equal opportunity and access to resources such as financial wellness benefits. BrightPlan partners with HR teams to address the unique needs of different employee populations through employee resource groups (ERGs). In addition to providing quarterly engagement reports and dashboards, BrightPlan's strategy includes working with each employer to bring DE&I-specific insights into the equation, enabling HR leaders to drive customization and improved decision-making. Further, BrightPlan is adding Spanish-speaking financial advisors to make financial wellness more accessible to diverse employee populations. Amid continued accelerated change in the workplace and in employees' lives, BrightPlan's strategy is a blueprint equipped with tangible solutions for addressing key challenges faced by businesses today and provides takeaways for shaping the future of work. For more information on BrightPlan's strategy and solutions in these four areas, please visit this link. About BrightPlan BrightPlan is a leader in Total Financial Wellness. BrightPlan provides a comprehensive solution that addresses all aspects of employees' financial health at every stage of life, and empowers HR teams to enhance the employee experience and better attract, retain and engage talent. Its unique combination of digital platform and human advisors enables employers to deploy at scale while delivering personalization for employees. The company is the first financial wellness solution certified for fiduciary excellence by the Centre for Fiduciary Excellence (CEFEX).

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Spotlight

Employee engagement continues to be a priority for organizations. However, as much as HR professionals focus on it, workplaces are not moving the needle. Current studies show that fewer than 1 in 3 employees are engaged worldwide. And on a related topic, only 45 percent of U.S. employees are “satisfied” at work. Not only do organizations face disengagement by large numbers of employees, there’s a cost to the bottom line. According to The Engagement Institute, disengaged employees cost organizations between $450 and $550 billion annually. For the purposes of simple math, if you consider the number of full-time workers in the U.S. is approximately 125 million, the cost of disengagement is roughly $4,000 per employee.

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