Welcome to the HR Tech Roundup. We have gathered the top HR trends for 2021 with different HR categories like Employee Engagement, e-Learning, Training and Development, Employee wellness, Career Development and Artificial Intelligence.
Catch more in this HR and HR Tech highlight:
New Paychex Research Reveals The Impacts Of Unpredictable Work Schedules, Especially Among Part-Time Workers, Younger Generations, And Hybrid Workers
New research from Paychex, Inc., a leading provider of integrated human capital management software solutions for human resources, payroll, benefits, and insurance services, reveals the adverse impacts of unpredictable work schedules on full-time and part-time employees. Given the pressures of the COVID-19 pandemic and related staffing challenges, three-in-ten respondents reported having slightly or extremely unpredictable work schedules. The research was conducted in partnership with Future Workplace, an Executive Networks member company.
UKG Partners With Leading Cancer Center To Deliver World-Class Employee Experience
UKG, a leading provider of HR, payroll, and workforce management solutions for all people, announced it is partnering with Dana-Farber Cancer Institute, a world-renowned leader in adult and pediatric cancer treatment and research, to deliver a world-class employee experience.
Dana-Farber selected UKG Dimensions and UKG EZCall to automate manual people processes and scheduling practices for its 6,000 physicians, nurses, and other hospital staff across its two main campuses and five satellite locations, as well as to deliver deep operational insights to benefit its clinical and research divisions.
Wagestream Announces $175 Million Series C To Expand Its Financial Wellbeing App
Wagestream, the financial wellbeing app founded by charities and designed for frontline workers, announced it has closed a $175 million Series C funding round as it prepares to scale up support for underserved, financially stressed workers across North America and beyond.
Historically, frontline workers have been excluded or forced to pay more for the financial services they need compared to those making a set salary or higher wages. With a social charter at its core, Wagestream was founded in 2018 by Peter Briffett (CEO), Portman Wills (CTO) and a group of leading financial charities to solve this problem by giving people access to a set of fairer financial services, delivered through their employer, and built around flexible pay (also known as earned wage access). Originally launched in the UK, the Series C capital primarily will be used to scale up Wagestream’s presence in new markets such as the U.S. – the company’s fastest-growing market.
USI Insurance Services Acquires Benefits 7
USI Insurance Services, a world leader in risk management, employee benefit and retirement consulting, announced the acquisition of Vincennes, Indiana-based employee benefits brokerage and advisory firm, Benefits 7, Inc. Terms of the transaction were not disclosed.
Commenting on the announcement, Benefits 7 Partner, James Franklin, stated: “This exciting partnership with USI further strengthens our ability to help employers optimize their benefit plans by offering access to USI’s expanded suite of industry-leading solutions and expertise.”
Verizon Raises Its Minimum Wage To $20 An Hour
In recognition of the hard work and dedication of its V Teamers, Verizon is raising the minimum wage for new employees to $20 an hour for Customer Service and $20 an hour (when base salary plus target commission are combined) for its Retail and Inside Sales employees. Existing employees on any of these teams who currently receive less than $20 an hour will be raised to this new rate automatically. And it’s adding premium pay differentials for assistant managers who work on holidays, Sundays and for those who are bilingual.
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