PR Newswire | September 27, 2023
Sequoia, the pioneer in benefits and compensation, announced Sequoia Comp OS™ 2.0 on the Sequoia People Platform. This transformative solution equips companies with real-time visibility and heightened control over their organization's global people spend.
Sequoia Comp OS, which is already used by over 250 Sequoia clients, unifies HR, finance, business leaders, and employees within a single operating system, simplifying the often tedious and frequently spreadsheet-reliant compensation management process. By offering a single source of truth, Sequoia Comp OS allows HR and financial leaders to have the same insights into the past, present, and future of their people spend, enabling real-time adjustments as their workforce and business changes.
Sequoia Comp OS is a modern way for companies to:
Standardize jobs and set pay ranges to establish competitive and equitable pay.
Allocate total compensation effectively for current and future jobs with headcount planning, active hiring plans, and merit cycle planning.
Stay compliant with pay regulations and corporate governance.
Communicate successfully with employees through personalized offers, merit letters, and total rewards statements.
Leverage real-time guided analytics to track global people spend and organizational changes.
In addition, Sequoia provides strategic Compensation Advisory services through their team of compensation experts specialized in helping modern companies. This same team worked hand-in-hand with Sequoia's product organization to design the Comp OS solution so that clients can quickly operationalize their tailored advisory services.
For 22 years, our company has worked with many of the best HR leaders and finance leaders at some of the fastest growing companies in the world. Yet, a very large majority are managing their biggest investment, their people, using multiple disparate spreadsheets and old data, said Greg Golub, CEO & Founder of Sequoia Group. Our solution puts HR and finance on the same page so they can better partner together, spend less time wrangling spreadsheets and more time stewarding the people strategy at their companies. We built it so we could operationalize our compensation needs for our 1,200+ global employee-company and it's been a total game changer for us, so I am excited to bring it to all our clients.
Courtney Cherry Ellis, SVP of People at Auditboard said, "We were able to work with Sequoia as an extension of our team to create a compensation philosophy that made sense for Auditboard and our employees. With Sequoia, we were able to operationalize a fair and equitable pay structure across the company."
Matthew Kennedy, SVP of People at Tonal said, "Our partnership with Sequoia began many years ago through advisory on our executive compensation philosophy, and over the years it has evolved. Sequoia is now a key partner for all things comp and benefits."
We are bringing together data that companies would typically gather from disparate HR tools to provide business leaders with the complete picture around employee compensation and enables them to make executive decisions with confidence, said Kyle Holm, VP of Sequoia's Compensation Advisory. When you can drive the strategy with an operating system, HR and Finance leaders spend way less time crunching spreadsheets and much more time focused on stewarding the people advantage for their companies.
Sequoia Comp OS is available to all Sequoia clients today.
To learn more, visit sequoia.com/comp-os.
Sequoia is the leader in Total People Investment. We help companies create a people advantage through improving retention, attracting top talent, and increasing people-spend ROI. With expert advisory services across compensation and benefits and a powerful platform, we connect employee total comp programs with insightful people analytics so companies can manage their global people investment in real time to better meet the needs of their evolving workforce. Visit Sequoia.com or follow us on LinkedIn to learn more.
Beeline | September 15, 2023
Beeline, a leading technology solutions provider for overseeing the global extended workforce, has unveiled two new products designed to tackle workforce challenges that were previously unaddressed in the industry. These innovations, known as Beeline Professional and Global Workforce Intelligence, represent a significant step forward in the management of extended workforces.
With a wealth of experience spanning over twenty years, Beeline has played a notable role in shaping the evolution of the extended workforce industry. In recognizing two major shortcomings within the industry—vendor management systems (VMS) primarily catering to large enterprises and the untapped potential for talent visibility and compliance—Beeline has launched these additions to the Beeline Extended Workforce Platform.
Beeline Professional has been crafted to meet the specific needs of emerging and expanding extended workforce programs. It stands as the first VMS solution that can be effortlessly activated, featuring pre-configured templates, workflows, dashboards, and reports modeled after the best-in-class programs. Beeline Professional brings scalable extended workforce management, automation, and efficiency to companies with annual non-employee labor expenditures ranging from $1 million to $25 million.
Doug Leeby, Beeline's CEO, stated,
For far too long, extended workforce solutions have catered to enterprises and ignored the unique needs of mid-sized programs. Using insights from over the last 20+ years in the industry, Beeline Professional is uniquely tailored to meet the core needs of mid-sized programs without compromising quality and innovation.
[Source: PR Newswire]
Up until now, achieving complete visibility across an organization's entire extended workforce has been a challenge for enterprises. Global Workforce Intelligence, however, offers a solution by aggregating data not only from the company's VMS but also from other systems housing external workers that are not captured in the VMS. This comprehensive workforce visibility enables thorough accounting, analysis, and proactive risk management across the entire extended workforce spectrum. Importantly, Global Workforce Intelligence is compatible with any VMS, not limited to Beeline's.
Extended workers play a crucial role in an organization's overall workforce and talent strategy. Beeline's mission is to empower companies to gain a competitive edge by optimizing their extended workforce. The introduction of these two innovative products marks another milestone in Beeline's journey toward fulfilling this mission.
For over two decades, Beeline has been a competitive force in empowering global businesses to gain an edge in the industry through effective management of their extended workforce. The Beeline Extended Workforce Platform equips companies with the essential visibility needed to proactively mitigate risks, achieve cost savings, and adapt to evolving business needs.
Beeline specializes in delivering tailored solutions that specifically address the intricate challenges posed by the extended workforce. Clients benefit from a diverse range of Beeline products, designed to cater to their unique requirements. Through seamless integration capabilities, Beeline's clients can effortlessly consolidate their extended workforce data from various technology platforms, including major procurement and HR systems, enabling a comprehensive approach to workforce management.
PR Newswire | October 17, 2023
Avature, a leading provider of innovative Human Capital Management (HCM) software for recruiting and talent management, announces the beta release of its social learning solution to a select group of customers, and a general release before the end of this year.
Industry reports indicate a very low and steadily declining percentage of employees' use of their company learning management system (LMS) on a regular basis. However, HR can reverse this lack of engagement by allowing employees to learn in the same way they have on YouTube, TikTok and other channels. Avature's social learning solution creates this type of user experience by lifting proven design concepts from social media, including the easy creation of user-generated content, the generation of algorithmically driven suggestions, and the use of artificial intelligence.
Avature Learning is expected to promote organizational agility and engagement by facilitating the sharing of know-how, a company's most valuable asset. Intended to complement or replace customers' legacy LMS depending on how it is deployed, this solution allows HR leaders to compensate for the lost interaction between work-from-home employees, ensures knowledge is transferred from one generation to another and helps address the alarming declines in competencies and skills being reported across the educational spectrum.
Providing numerous opportunities to acquire knowledge, Avature Learning offers an employee-centered learning experience, where subject matter experts are able to share critical know-how that might otherwise go undocumented, and content is organically curated based on user feedback and social interaction.
Employees can easily find and recommend user-generated video and audio content as well as traditional training and courses, benchmark their progress against peers, obtain mentorships and create ad hoc meet ups and face-to-face learning sessions. With this solution, employers can effortlessly boost the value of their training programs, better facilitate internal mobility and accelerate time to productivity while lowering turnover.
We believe learning must go beyond traditional L&D programs to remain strategically relevant, shared Dimitri Boylan, Founder and CEO of Avature. The ideal technology should help mine a workforce's wealth of knowledge and facilitate its dispersion. Our customers want to uncover the 'voice of the employee' and bring learning to life, he added.
Industry analyst Josh Bersin was able to see the solution in action and highlighted the benefits of its unique social approach, "The vast amount of corporate learning that takes place is not authored by the training department. It is authored by experts, passionate professionals and peers. So, we need a "social learning" platform that lets people author and upload videos and other forms of content and then quickly and easily check it, publish it and make it easy to find. This is what Avature has built."
Avature Learning also seeks to put HR in control of its digital transformation and offers numerous tactical opportunities to design and deploy processes that grow the company's collective IQ and drive the business toward its strategic objectives. With built-in CRM functionality and real-time analytics, HR teams are provided with the best engagement toolkit to target content, measure employee's progress and ensure they're keeping pace with learning objectives.
From a business standpoint, Josh Bersin agrees the solution's features enable successful knowledge transfer, "I've always believed that 70 to 80 percent of the knowledge and intellectual property within a company is custom to that company's business. Every business process, proprietary tool, and internal procedure represents a custom, internal training need. Platforms like Avature's Learning Hub can tap into this."
Avature's learning solution can seamlessly integrate into customers' existing talent technology ecosystem using Avature's mature and configurable REST endpoints and open API framework. Data from other systems can be imported and used by Avature's workflow engine to promote learning activities for individual employees and data can be easily exported to support onboarding and internal mobility processes in other systems.
With this release, Avature bolsters its Talent Management Suite, adding yet another best-in-class solution to the portfolio that its Global 2000 customer base can implement from a single platform.
Avature is a highly configurable enterprise HCM SaaS platform for talent acquisition and talent management, and the leading provider of CRM and ATS technology for human resources globally. Founded by Dimitri Boylan, co-founder and former CEO of HotJobs.com, Avature brings consumer-grade internet technology and digital innovation to human resources departments. Avature solutions include shared services sourcing, applicant tracking, career sites, campus and events recruiting, employee referral management, social onboarding, branded employee engagement, employee mobility and workforce optimization, employee case management, performance management and learning.
Used by 110 of the Fortune 500 in more than 164 countries and 32 languages, Avature delivers its services from its private cloud, located in data centers around the world. Learn more at www.avature.net.
Business Wire | October 27, 2023
Businesses and technology workers should acquire and implement new skills, including generative AI capabilities, “cautiously but continuously” as talent acquisition power swings back to the employer, says an expert with Information Services Group (ISG) leading global technology research and advisory firm.
Speaking during the annual All Day DevOps virtual event today, Ola Chowning, partner and Digital lead for ISG North Europe, said the rise of new AI technologies and increased globalization are changing the balance of power in the global market for IT talent. Software developers and IT operations professionals, she said, are being forced to skill up or be left behind.
2023 has been the year of widespread worry about the ‘AI-apocalypse. The potential implications of generative AI, the growing maturity of the DevOps skills market and the willingness of employers to source cost-effective digital talent from new geographies like Spain, Portugal, Mexico and Vietnam, have put additional strain on an already nervous talent market.
Chowning’s comments came during her 30-minute online presentation, “DevOps Talent & Skills - 2023 Update,” today at 1 p.m., U.S. Eastern Time. This is Chowning’s sixth consecutive appearance at All Day DevOps, the largest event of its kind in the industry.
In her presentation, Chowning explored how organizations and DevOps experts are coping with a changing global market for IT talent that is being impacted by technology that can deliver dramatic increases in productivity, and at the same time, also increase employee concerns over job stability.
Chowning said organizations and DevOps practitioners need to lean into AI’s abilities to generate original ideas, designs and solutions, simulate outcomes of creative strategies, allow team members to collaborate with less friction and deliver greater insight and efficiency with cautious optimism rather than fear, uncertainty or doubt.
“We are not in an AI apocalypse,” she said. “Companies that can stay agile in the face of rapid change in technology, promote self-learning and empower talent will see a real boost in innovation, productivity and continuous transformation. The key for businesses and DevOps practitioners alike is to proceed cautiously but continuously.”
Leaders should establish an AI architecture and environment (including appropriate policies as necessary) and educate IT teams in how to recognize, access and use the right AI tools for the right job, ideally through an already established cognitive framework and environment for AI tools and capabilities, she said.
“Technology employees know that natural language processors and service provider talent and skill sets in traditional and emerging geographies are likely to be part of organizations’ labor strategies,” Chowning said. “Despite this shift in power, deep technology skills and expertise will never lose their value. Organizations should be transparent about their company and IT values to attract employees even in turbulent times.”
The eighth annual All Day DevOps 24-hour live stream event started at 3 a.m., U.S. Eastern Time, today. The conference features 180 practitioner-led sessions, across six tracks: CI/CD Continuous Everything; Modern Infrastructure; DevSecOps; Cultural Transformation, Site Reliability Engineering and the Software Supply Chain.
ISG (Information Services Group) is a leading global technology research and advisory firm. A trusted business partner to more than 900 clients, including more than 75 of the world’s top 100 enterprises, ISG is committed to helping corporations, public sector organizations, and service and technology providers achieve operational excellence and faster growth. The firm specializes in digital transformation services, including automation, cloud and data analytics; sourcing advisory; managed governance and risk services; network carrier services; strategy and operations design; change management; market intelligence and technology research and analysis. Founded in 2006, and based in Stamford, Conn., ISG employs more than 1,600 digital-ready professionals operating in more than 20 countries—a global team known for its innovative thinking, market influence, deep industry and technology expertise, and world-class research and analytical capabilities based on the industry’s most comprehensive marketplace data.