HR Strategy,Employee Experience

Triton Benefits & HR Solutions Delivers Affordable Group Health Insurance to Companies Who Struggle to Meet Participation Requirements

Triton Benefits & HR Solutions Delivers Affordable Group Health
Triton Benefits & HR Solutions, a national employee benefits broker and HR consulting firm, is helping small businesses achieve their employee retention goals. An employer-sponsored group medical plan is the most sought-after employee benefit. Unfortunately, due to high participation requirements, many organizations are not able to provide a bona fide, major medical plan to their most valuable asset, their employees.

As the end of the year draws near, Employee Health Benefits are at the forefront of HR departments. With the 2023 enrollment season on the horizon, many small businesses face complex challenges.

A recent study by the Kaiser Family Foundation found that businesses with fewer than 50 employees are less likely to offer an employer-sponsored group medical plan to their employees. As a result of unrealistic participation requirements, many small businesses struggle to find affordable, quality healthcare coverage for their workers.

Triton Benefits & HR Solutions deliver affordable group health plans that have traditionally been nearly impossible to underwrite when low employee participation is a challenge

"If you're looking for a group medical plan, and only 5 out of 50 employees want to participate, typically no insurance carrier wants to write your policy. However, Triton offers businesses in these situations a 'Golden Ticket' with an insurance solution when only a small portion of the employees are looking to opt into the company's benefits plan,"

- Triton's CEO, Steve Rosenthal

Triton manages over $500 Million in group health insurance premiums and works with all major carriers nationwide. Their ability to leverage long-standing relationships with major health insurance carriers and their in-depth industry knowledge to create unique and customized healthcare options sets them apart from other employee benefits brokers. In addition, they offer a concierge-style service which means they are extremely hands-on with every client relationship and provide a personalized touch that is hard to find anywhere else.

If you're a business facing a low participation issue among your workforce and need quality and affordable Group Health Benefits, don't hesitate to contact Triton Benefits & HR Solutions by visiting their website or calling them at 1-800-OK-TRITON.

About Triton Benefits & HR Solutions
Triton Benefits & HR Solutions is a national group health benefits brokerage and human resource consulting firm. Triton is committed to helping organizations navigate the complexities of employee benefits and human resources. The company has offices in New York, Texas, and Philadelphia, headquartered in Woodbridge, NJ.

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Recruitment & Retention

HireVue's 'Human Potential Intelligence' Revolutionizes Recruitment

HireVue | October 09, 2023

A new category for recruiting has been introduced by HireVue, the industry innovator and leader in human potential intelligence. This represents a departure from traditional hiring procedures and the introduction of a cutting-edge paradigm that evaluates candidates based on their expertise. HireVue upends conventional wisdom in order to put the emphasis precisely where it belongs: on human potential. According to HireVue, conventional hiring practices are ineffective and out of date, a belief shared by employees and job seekers globally. More than 3000 people were surveyed for the recent HireVue Hiring Experience Report 2023, and the results revealed widespread dissatisfaction with the hiring environment. Lack of feedback (40%), reliance on resume evaluations rather than skill and potential assessments (30%), the necessity of more simplified procedures to accommodate changing requirements (37%), and the prevalence of erroneous job descriptions (31%), are all sources of aggravation. Traditional "Rearview Recruiting," which bases recruiting decisions on resumes and qualifications, is based on outdated procedures. By relying largely on profile scraping and resume screening, Legacy HR Tech exacerbates the problem. Focusing just on a person's past accomplishments rather than their potential causes blind spots and makes it more difficult to identify future skill requirements. The soulless, laborious, opaque, too drawn-out, limited communication, and lack of feedback in this old approach further irritate candidates. A fresh approach is provided by HireVue's Human Potential Intelligence, which goes beyond customary methods and puts fairness and impartiality first. It eliminates guessing and replaces it with a deep understanding of each candidate by utilizing AI to evaluate individuals based on potential, abilities, and interests. This innovative strategy positions HR as a strategic talent incubator rather than just a cost center, ushering in a new era in which the hiring process is transformed into a human journey of empowerment and progress for all parties. Founder & Chief Analyst at Aptitude Research, Madeline Laurano, said, HireVue's introduction of 'Human Potential Intelligence' represents a groundbreaking shift in the traditional landscape of hiring. Relying on the constructs of the past like job descriptions and resumes falls short in identifying potential. Our innovative approach brings together both the art and science of hiring by design. It’s supported by their industry-leading AI and stands out as a beacon of change. By focusing on the potential and skills of the humans in the hiring process, this new category redefines hiring criteria and opens doors for companies to hire for the needs of today and ensure they have the right talent for the future. [Source: GlobeNewswire] The introduction of Find My Fit, a pioneering service leveraging HireVue's experience in AI-driven personnel assessment, is at the vanguard of this transformational plan. This program fills the gap between job seekers and openings by enabling them to find positions that match their abilities, passions, and untapped potential. Precision job matching is at the core of the Find My Fit program, ensuring that candidates are not only pointed in the direction of open positions but also to roles that are actually compatible with their individual abilities and potential. This strategy improves candidates' overall job-search experiences while also extending their horizons. The Find My Fit Application effectively addresses key challenges in today's competitive job market. It empowers job seekers who often struggle to identify suitable roles or doubt their qualifications. With this application, candidates can discover positions that match their skills and potential, expanding their job search possibilities. In a job market marked by frequent career changes, candidates often feel uncertain. The application offers guidance by directing individuals toward roles where they can succeed, even with differing prior experiences. Conventional hiring methods typically focus on resumes and qualifications, often overlooking candidates' true potential. However, the Find My Fit Application shifts the focus towards matching candidates with jobs based on their skills and interests, breaking free from rigid job title requirements. Additionally, it fosters inclusion by suggesting roles tailored to candidates' interests. This encourages individuals to consider positions they may not have explored otherwise, contributing to increased diversity. About HireVue HireVue’s expertise in science, artificial intelligence, and data, helps employers get potential candidates to designations where they can succeed, while also pointing them in the direction of the future. HireVue has hosted more than 70 million video interviews and 200 million chat-based candidate engagements for over 1,150 trailblazing clients throughout the world, including more than 60% Fortune 100 companies.

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Employee Experience

Marrying Form and Function, PrismHR Unveils New Unified Employee Experience (UEX)

GlobeNewswire | October 19, 2023

PrismHR, a Vensure Employer Solutions company and the leading HR technology software innovator for PEOs, ASOs and HCM providers across the U.S., today announced the launch of its Unified Employee Experience (UEX) update. Inspired by the award-winning Namely UI, PrismHR UEX leverages established design principles that make user tasks intuitive in any situation, and it includes new manager and employee views, expanded configuration options, higher levels of accessibility and improved responsiveness. Kevin Andrews, president of PrismHR, said, “With PrismHR UEX, we wanted to bring a more modern, responsive, and accessible experience to our users, which include HR outsourcers and their small and medium-sized business (SMB) clients. To do this, Rob Roberts, our director of user experience, and his team leveraged interaction design to redesign the steps in the flow. His team analyzed what our users are trying to do and identified their priorities before designing the steps in the flow, so it’s very natural for them. And this is just the start. There’s much more to come.” As such, highlights of the initial PrismHR UEX rollout include: New employee/manager split views to give the right people the right information at the right time. Customized branding via the Employee Experience Configuration Tool to reflect titles, headers, primary links, buttons, and accent colors. Accessibility capabilities that align with Web Content Accessibility Guidelines (WCAG) 2.0 Level AA requirements to improve the experience for people with disabilities. Unified navigation, guided workflows, and responsive views for desktop, tablet and mobile. Alex Campos, CEO of Vensure Employer Solutions, said, Tackling a design project of this magnitude allowed the PrismHR team to think this through with fresh eyes. In doing so, we were able to marry form and function and present a greatly improved user experience that sets a new standard of excellence across the entire industry. PrismHR UEX doesn’t just look nicer—it also helps our customers’ clients accomplish their most important HR tasks easily and more efficiently. To learn more and experience PrismHR UEX, visit https://info.prismhr.com/unified-employee-experience. About PrismHR PrismHR’s mission is to fuel the growth of small and medium-sized businesses (SMBs) across the U.S. Our HR software, combined with our ecosystem of HR service providers, enables SMBs to manage payroll, benefits and HR, leveling the playing field with large enterprises. Today, PrismHR delivers world-class HR services to thousands of organizations and continues to invest heavily in technology as the HR innovation frontrunner. A Vensure Employer Solutions company, PrismHR is located in Hopkinton, Massachusetts. For more information, visit www.prismhr.com. About Vensure Employer Solutions Vensure Employer Solutions is the largest privately held organization in the HR technology and service sector, providing a comprehensive portfolio of solutions, including HR/HCM technology, managed services, and global business process outsourcing (BPO). The company and its service providers collectively serve over 95,000 businesses and process over $135B in annual payroll. As a “One Employer Solution” headquartered in Chandler, Arizona, Vensure helps thousands of businesses streamline and grow their operations with custom strategies that benefit both employers and employees. Find out more by visiting www.vensure.com.

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Hr Analytics

Sequoia Partner with Typeface to Assist HR Leaders with Generative AI

Sequoia | October 12, 2023

Sequoia, a leader in benefits and compensation, and Typeface, an emerging generative AI platform for enterprise content creation, announced the launch of powerful new features designed to help HR leaders adapt to the fast-changing and disruptive workforce landscape. This collaboration allows Sequoia clients to integrate Typeface Generative AI technologies into their operational processes. This enhances key areas such as developing job descriptions for role clarity and unbiased hiring, as well as creating effective employee communications for distributed workforces and promoting program engagement. The newly introduced features utilize Typeface's AI model, enriched by Sequoia's extensive experience with companies of varying sizes. Sequoia, having worked with over 2000 clients ranging from 20 to 200,000 employees, understands the guidance and support required by finance and HR professionals to implement strategic decisions concerning their total workforce expenditure. Collaborative efforts between Sequoia and Typeface will persist, introducing more AI-powered enhancements to the Sequoia People Platform later this year. Greg Golub, Founder and CEO of Sequoia, stated, Workplace and economic dynamics are putting huge pressure on HR to do more with less and despite being essential for establishing an engaged culture, timely, and effective communication with both recruits and employees is a time-consuming challenge for HR. We are excited to provide these integrated Generative-AI capabilities on our platform to empower HR to concentrate on their strategic influence and meaningfully boost the efficiency of their work. [Source – Cision PR Newswire] About Sequoia Sequoia, recognized as a leader in Total People Investment, assists companies in establishing a competitive edge by enhancing employee retention, attracting high-caliber talent, and optimizing people-spend ROI. Their expert advisory services encompass compensation and benefits, complemented by a robust platform. Sequoia seamlessly integrates employee total compensation programs with in-depth people analytics, enabling companies to manage their global workforce investments dynamically. About Typeface Typeface operates as an enterprise-grade generative AI application, revolutionizing personalized content creation for businesses. With a unique blend of content velocity, brand personalization, and control, Typeface enables enterprises to generate exceptional, on-brand content effortlessly and efficiently. Their pioneering self-serve solutions facilitate complete content development throughout its lifecycle, empowering every employee to produce compelling content seamlessly, swiftly, and in alignment with the brand's authenticity.

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Employee Engagement

Paylocity Introduces New Products Designed to Further Engage Today's Modern Workforce

GlobeNewswire | October 25, 2023

Paylocity (NASDAQ: PCTY), a leading provider of cloud-based HR and payroll software solutions, today introduces two new products, Recognition & Rewards and Employee Voice, to help business leaders and HR teams build culture and employee engagement while attracting and retaining talent more effectively. Building on the company’s track record of innovation, including integrating generative AI in multiple areas of its HCM platform and delivering Community, a social collaboration hub, the two new products announced today bolster strong workplace connections in an environment where employees feel both valued and heard. To drive employee engagement, Paylocity has announced a comprehensive solution that bridges the recognition and rewards gap, further enhancing productivity and retention. Paylocity’s new Recognition & Rewards product builds on popular peer recognition capabilities that are already part of the Paylocity platform. Recognition & Rewards includes automation to recognize common moments that matter like birthdays or anniversaries, and customization to tailor rewards programs with cash redemption. Employees can also socially celebrate everyday moments of achievement with emojis and likes. We got a sneak peek at Paylocity's Recognition & Rewards, and it really impressed us. This new feature isn't just about rewards; it's about showing our employees they're valued. It helps bring our team together, beyond just tracking milestones, said Courtney Guppy, Senior Vice President of Human Resources for Crafton Tull. We're excited to incorporate it into our workplace culture, and we believe it will have a positive impact on our team and organization. Paylocity has done a great job with this one! Unlocking the Power of Employee Feedback Today, five different generations coexist in the workforce, bringing diverse mindsets and expectations to the office. Paylocity recognizes the pivotal role of organizational culture in talent retention. According to the 2022 Ernst & Young U.S. Generation Survey, more than 90% of employees consider culture a significant factor in their decision to stay with a company. Balancing the diverse interests and opinions of a multi-generational workforce presents a challenge for leaders, where effective communication is key to creating a harmonious workplace. To address the critical issue of talent retention, Paylocity has introduced Employee Voice, which goes beyond traditional surveys by offering a unique approach to employee engagement and retention. Building on the Paylocity platform’s existing AI capabilities, Employee Voice combines cutting-edge technology with rigorous scientific principles, underpinned by a proprietary, statistically validated engagement model developed by Paylocity's Data Science team. Any organization, regardless of size, can leverage AI to automatically delve into employee sentiment. The resulting data and insights are easily made available to executives and managers to identify key drivers of engagement without overburdening HR teams. Employee Voice offers a foundation of best-practice action items, built from the experiences of more than 36,000 Paylocity clients, to help leaders track progress as they address the needs of their organizations. Empowering Workers in a Mobile-First World With today's workforce being more distributed and increasingly reliant on mobile devices, the need for seamless and intuitive mobile access continues to be critical. Acknowledging this shift, Paylocity has rolled out its next-generation mobile app. Building on the success of previous versions, this update includes a modern, intuitive home screen that unifies the information most relevant to each employee—new messages, tasks to complete, timesheets, and even an online hub where they can get important updates from leaders and connect with their peers. Customizable navigation ensures access to individuals’ most-used features via a single tap. At Paylocity, we are focused on providing innovative solutions that not only envision but deliver the future of HCM today, said Steve Beauchamp, co-CEO of Paylocity. We understand the workplace is evolving, and with it, the needs of employees and organizations. These latest advancements reflect our mission to stay at the forefront of this transformation and push the boundaries of modern HR. Availability Recognition & Rewards and Employee Voice will be available in early 2024 for an additional cost. Users can download the new mobile app today at Google Play and App Store. For more information about these products and features, please visit www.paylocity.com. About Paylocity Headquartered in Schaumburg, IL, Paylocity (NASDAQ: PCTY) is an award-winning provider of cloud-based HR and payroll software solutions. Founded in 1997 and publicly traded since 2014, Paylocity offers an intuitive, easy-to-use product suite that helps businesses automate and streamline HR and payroll processes, attract and retain talent, and build culture and connection with their employees. Known for its unique culture and consistently recognized as one of the best places to work, Paylocity accompanies its clients on the journey to create great workplaces and help all employees achieve their best. For more information, visit www.paylocity.com.

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