HR STRATEGY

TriNet Enters into Exclusive Agreement with WeWork as HR Services Partner to WeWork Members in the U.S.

TriNet | February 19, 2022

TriNet, (NYSE: TNET), a leading provider of comprehensive human resources (HR) solutions for small and medium-size businesses (SMBs), today announced an exclusive partnership with WeWork (NYSE: WE), a leading flexible space provider, to become the company's professional employer organization partner (PEO) in the United States.

Through the partnership, WeWork's SMB members will be able to purchase full-service HR solutions from TriNet. Additionally, TriNet employees, as well as its 23,000 SMB clients—which span more than 600,000 people—will be provided with the option to purchase WeWork All Access memberships at a discounted rate.

"TriNet's HR solutions complement our focus on offering the exceptional experiences and resources that empower organizations to thrive and to do their best work," said Doug Smith, Head of All Access and Marketplace, WeWork. "Our partnership with TriNet will help enable our members of all sizes to focus on growing their business, while leaving such critical HR needs to the experts."

- TriNet President and CEO Burton M. Goldfield.

About TriNet   
TriNet (NYSE: TNET) provides small and medium-size businesses (SMBs) with full-service HR solutions tailored by industry. To free SMBs from HR complexities, TriNet offers access to human capital expertise, benefits, risk mitigation and compliance, payroll, all enabled by industry leading technology capabilities. TriNet's suite of products also includes services and software-based solutions to help streamline workflows by connecting HR, Benefits, Employee Engagement, Payroll and Time & Attendance. From Main Street to Wall Street, TriNet empowers SMBs to focus on what matters most—growing their business and enabling their people. TriNet, incredible starts here. For more information, visit TriNet.com or follow us on Twitter.

Spotlight

Employers will continue to face a complex regulatory landscape in the year ahead. What will organizations need to do to stay compliant? In this Workforce News Minute, ADP vice president of compliance and government affairs Pete Isberg shares two key focus points businesses should prioritize in the new year.


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WORKFORCE MANAGEMENT,HR STRATEGY

CoAdvantage Announces Acquisition of MomentumHR

CoAdvantage | November 15, 2022

CoAdvantage Corporation ("CoAdvantage"), a leading national provider of strategic human resource solutions for small to mid-sized companies, is pleased to announce it has acquired Georgia-based MomentumHR, a provider of outsourced HR services. The merger of the two companies will strengthen CoAdvantage's presence in Georgia while accelerating the company's overall growth and national footprint. "We are excited about the MomentumHR acquisition expanding our market presence as we continue to build value and deliver an exceptional customer experience powered by our proprietary HR technology and outstanding customer service, We are looking forward, with great optimism, to an exciting year in 2023 as we remain focused on driving innovation and expanding our presence nationally." -Clint Burgess, CoAdvantage President, and CEO MomentumHR, located in Savannah, Georgia, is one of the Southeast's premier private PEOs and has established a strong regional market position. Merging with CoAdvantage solidifies our leading presence in the Southeast and continues our mission to providing a high standard of service and quality of outsourced HR solutions, said MomentumHR CEO David Kindred. CoAdvantage's acquisition of MomentumHR follows the company's recent acquisition of Alabama-based SourcePointe and the opening of two additional offices in Tennessee and Oklahoma. CoAdvantage continues to pursue other acquisitions as part of the company's overall growth strategy. About CoAdvantage CoAdvantage is a leading Professional Employer Organization (PEO) that offers small and mid-sized businesses a comprehensive package of human resource solutions, enabling them to reduce their administrative burden and access affordable employee benefits. The company integrates payroll and tax processing, employee benefit plan administration, risk management, government compliance, and other human resources services into a single-vendor solution that is exceptionally efficient and effective. About MomentumHR MomentumHR is a Georgia-based Professional Employer Organization (PEO) with over 20 years of experience in providing payroll administration, workers' compensation, employee benefits, and human resource solutions to all sizes of businesses at a national level. Founded in 2000 with a focus on providing a high standard of service and quality outsourced HR solutions, MomentumHR is one of the fastest-growing private PEOs in the Southeast.

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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,RECRUITMENT & RETENTION

Crosschq Named Best in Class HR Technology for Recruitment by 2022 HRO Today Association Awards

Crosschq | December 01, 2022

Crosschq, pioneers of the Talent Intelligence Cloud™, which is powering a revolution in data-driven hiring and people analytics, today shared that it was recently named the Best in Class HR Technology for Recruitment in North America by the 2022 HRO Today Association Awards. For more than 15 years, the HRO Today Association has recognized company and individual accomplishments in human resources, technology, and leadership around the world. This year’s North America and EMEA program garnered hundreds of submissions, with 71 selected as finalists. The awards for these regions were presented during the virtual HRO Today Association Conference, which took place on November 16, 2022. Of those named as finalists, 37 companies and individuals, including Crosschq, took home awards during the ceremony. “With the HRO Today Association Awards, we aim to recognize the companies and individuals advancing the HR function. What Crosschq provides improves upon several of the challenges and pain points that talent teams frequently lament. It emphasizes transparency and collaboration while identifying process inefficiencies and delivers critical insights. Crosschq is truly a best-in-class recruitment solution, and we congratulate them on this win.” -Elliot Clark, CEO & Chairman of SharedXpertise, publisher of HRO Crosschq CEO Mike Fitzsimmons shared, As an organization, Crosschq is aligned around a common goal: to redefine hiring success. And we know that to help HR and TA leaders create diverse, winning teams, they need access to actionable data and insights that supports Quality of Hire. The solutions we deliver reflect that, and on behalf of the Crosschq team, I would like to express our gratitude to the HRO Today Association for this tremendous recognition. About Crosschq Crosschq is powering a revolution in data-driven hiring and people analytics to help companies better recruit and retain talent. Crosschq’s Talent Intelligence Cloud™ provides solutions across the new hire lifecycle to help enhance sourcing, screening, and onboarding of new hires while providing a single source of truth for customers to accurately measure Quality of Hire. The company’s AI-driven cloud-based SaaS solutions were built with a talent-first approach, prioritizing trust and transparency, minimizing bias and protecting privacy. Leading innovative companies like Pinterest, HubSpot, Snowflake, Saks Fifth Avenue, Roku, Upwork, and DISH trust Crosschq to help build diverse winning teams. Founded in 2018, Crosschq is backed by Tiger Global Management, GGV Capital, Bessemer Venture Partners, SAP.iO, Okta Ventures, Slack / Salesforce and Rocketship.vc.

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EMPLOYEE BENEFITS,WORKERS COMPENSATION

Innovation Minds announces a holistic Rewards-as-a-Service model for managing Rewards, Recognition and Redemption Programs

Innovation Minds | November 23, 2022

Innovation Minds, a Silicon Valley-based company, announced today the launch of their new Rewards-as-a-Service solution. With this solution, Innovation Minds is enabling companies to offer their employees tailored reward options in order to increase talent retention and satisfaction. Motivating and rewarding employees is one of the top challenges facing organizations today. In fact, according to a recent survey, more than 60% of respondents say their company struggles to motivate and retain top talents. The Innovation Minds team is uniquely positioned to help companies with this challenge by providing personalized rewards service that creates experiences where employees are engaged and motivated throughout the day. With this solution, companies can customize rewards based on data insights, such as reward preferences and demographics. It offers a self-service platform to let companies update or make changes to their rewards program for their employees. It also allows employees to get real-time notifications when they earn a reward and they can redeem it on their device with just a click, creating a seamless and enjoyable experience for employees. "We believe this is an important step forward in helping employers create a more elevating work environment, Innovation Minds is focused on helping businesses create positive and engaging employee experiences. By making the rewards experience easier and more enjoyable, we are helping our customers deliver more value faster." -Innovation Minds CEO Bala Balasubramaniam The Innovation Minds team integrated their patented concept ‘Earn-Your-Pride-To-Reward-Your-Peers’, an innovative framework that allows employees to exchange appreciation for each other’s contribution, encouraging employees to make deep, personal connections with their team members and see how their position affects the work of others. Mike Lella, Head of Business Development added, The idea of receiving reward from an accomplished peer is much more meaningful than simply receiving recognition from management alone. Simultaneously, this notion is also encouraging a self-sustainable culture of engagement because the awardees get to enjoy the privilege of earning AND giving. The solution features a wide range of reward options that supports 594 global brands, 45 countries and 28 currencies, customizable for each company's specific needs while being aligned with their company values. It also provides HR teams and managers with tools to measure the success of their campaign and track results. We understand that rewards are often not enough to keep your employees motivated at work. It's about more than just giving out candy it's about creating an environment that makes work rewarding in itself. This latest upgrade will allow us to support even more companies in their efforts to drive employee engagement and retention, said Maria Bolo, Head of Customer Success at Innovation Minds.

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Spotlight

Employers will continue to face a complex regulatory landscape in the year ahead. What will organizations need to do to stay compliant? In this Workforce News Minute, ADP vice president of compliance and government affairs Pete Isberg shares two key focus points businesses should prioritize in the new year.

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