Workforce Management
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.
Chowning said.
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.
[Source:Business Wire]
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.
About ISG
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.
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Hr Analytics
Business Wire | October 31, 2023
Fisher Phillips, an international law firm representing employers, is proud to announce the launch of fpSOLUTIONS, a new venture offering easy access to cost-effective HR solutions, including customizable documents, checklists, forms, handbooks and compliance toolkits powered by Fisher Phillips and backed by a comprehensive suite of consulting services including human resource support.
said John Polson, Fisher Phillips’ Chairman and Managing Partner.
fpSOLUTIONS will leverage Fisher Phillips’ decades of experience in employment law to offer HR compliance solutions without a full-service law firm engagement. This new venture allows us to offer various forms of comprehensive and accessible support to help companies navigate everything from HR operations and compliance to training and performance improvement and everything in between.
[Source:Business Wire]
fpSOLUTIONS currently offers turn-key but adaptable products for today’s HR leaders, including
International Remote Work support
Reduction in Force tools
CAL/OSHA Compliance products
Arbitration agreements and support
Wage and hour compliance products
fpSOLUTIONS also offers various services, available specifically to US organizations of the same size, which include
Affirmative Action Plans and Compliance
Compensation Consulting and Research
Data Privacy Compliance
Cyber Security Assessments
The company will be led by CEO Mark Wilbur, a 30-year HR and strategic management consulting veteran. Wilbur previously served as CEO and President of Employers Group, where he transformed the 125-year-old leading advocacy and professional services organization into EverythingHR. He was also a successful Partner at Andersen Consulting where he provided strategic and operational management consulting services to national and global Fortune 1000 companies.
“We designed fpSOLUTIONS to be the go-to resource hub offering an array of fully customizable products and services to best fit a company’s specific needs based on industry, location and size,” said Wilbur. "We aim to provide easy access to practical solutions companies need to streamline day-to-day HR compliance and optimize success."
About Fisher Phillips
With nearly 600 attorneys across the United States and Mexico, and a vast network of attorneys in jurisdictions around the globe, Fisher Phillips advises and advocates for employers on an international scale. Through our technology-driven approach and commitment to diversity and inclusion, we partner with companies to achieve their business objectives, anticipate potential disruption, and provide the legal guidance to navigate and resolve the workplace matters critical to their success.
About fpSOLUTIONS
fpSOLUTIONS provides customizable documents, checklists, forms, handbooks and compliance toolkits powered by Fisher Phillips and backed by a comprehensive suite of consulting services including human resources support, human capital management, and change management. fpSOLUTIONS combines technology with experienced professional support to deliver a robust and practical solution to HR compliance and management.
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Employee Engagement
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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Compensation Management
Newswire | October 04, 2023
Pequity, a leading innovator in compensation planning solutions, is excited to unveil its latest offerings designed to revolutionize the way organizations manage and communicate employee compensation. In recent months, Pequity has been at the forefront of developing cutting-edge HR solutions, and now, it is set to introduce the Employee Total Compensation Overview and a brand-new Employee Portal.
Key Features of Pequity's Total Compensation Overview and Employee Portal:
Empowering Employee Portal-The portal will enable employees to access their personalized compensation overview by simply signing up for a Pequity account. This user-friendly interface makes it effortless for employees to gain insights into their total compensation package.
Clear Equity Display- Pequity eliminates the confusion surrounding equity compensation by presenting it at the grant level. This approach simplifies understanding and offers a real-time view of an employee's current equity status, enhancing transparency.
Comprehensive Admin View- Administrators will have access to a comprehensive view of all components of an employee's total compensation. This includes a breakdown of equity and vesting schedules, providing a holistic understanding of compensation elements.
This information is invaluable as it offers both administrators and employees a snapshot of their current standing and future earning potential as vested shares accumulate.
Equity compensation has become increasingly vital in today's workforce. However, it remains a complex concept that is often poorly understood. Pequity's Total Compensation Overview provides a detailed snapshot of critical equity statistics, including total granted, vested, and unvested shares, as well as estimated values for each.
The new employee portal takes transparency to the next level by offering a comprehensive breakdown of every compensation component. This empowers employees with unprecedented resources for negotiating raises, better financial planning, and ensuring they receive a comprehensive total compensation statement.
The compensation overview also serves as a powerful tool for administrators and managers. It breaks down salary, equity, and bonuses, making compensation discussions more accessible and transparent. Administrators can also customize the displayed employee data to suit their needs.
Pequity's Employee Compensation Overview and Employee Portal are set to launch in mid-October, marking a significant milestone in the realm of compensation management. To stay informed about the release and for early access, sign up for notifications.
About Pequity
Pequity is a leading provider of compensation management solutions designed to simplify the complexities of employee compensation. With a commitment to transparency and innovation, Pequity empowers organizations to make informed compensation decisions, driving employee engagement and organizational success. Learn more at pequity.com.
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