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:
DE&I Critical To Talent Retention, Especially Among Younger Employees, According To Buck HR Survey
Almost a third of employees think their employer lacks a sufficient commitment to Diversity, Equity, and Inclusion (DE&I), and there is a direct connection between DE&I concerns and intent to quit, according to a new survey from Buck, an integrated HR, pensions, and benefits consulting, technology, and administration services firm.
Buck’s 2022 Wellbeing and Voluntary Benefits Survey used data analysis to measure employee attitudes towards their employer to identify factors that impact employee retention. The findings indicate that employees are less likely to be looking for a new job if they have a positive perception of their employers’ commitment to DE&I. Among millennials, 60% expect an employer to demonstrate commitment to DE&I, significantly higher than among older employees.
HourWork Raises Additional $2.5 Million, Increasing Series A Round Fund Raise To $12.5 Million
HourWork, a SaaS recruitment and retention platform for quick-serve restaurant (QSR) franchise owners, announced the closing of $2.5 million in additional Series A funding led by MassMutual’s MM Catalyst Fund (MMCF), which joins a noteworthy list of investors including Morgan Stanley’s Next Level Fund, Positive Sum Ventures, and RelishWorks. This new funding complements HourWork’s oversubscribed $10 million Series A funding round completed last month and brings the total Series A raise to $12.5 million.
PTO Exchange Introduces Technology Partnership With UKG
PTO Exchange, the leading benefits platform that allows employees to self-direct the value of their unused paid time off (PTO) for other needs and causes, introduced a new technology partnership with UKG, a leading provider of HR, payroll, and workforce management solutions for all people. With 250 technology and services partners, UKG provides one of the largest and most collaborative partner ecosystems in the HCM industry focused on creating better employee experiences for all people to improve business outcomes.
Syntax Announces New Global Flex Program To Promote Employee Well-Being
Syntax, a leading multi-cloud and mission-critical applications managed cloud provider, announced its Global Flex Program. This new policy gives Syntax employees the flexibility to create personalized working conditions that enable them to perform their best work. The goal of the Global Flex Program is to encourage Syntax employees to prioritize themselves by giving them the freedom to build their careers around their lives.
Mix Talent And American Negotiation Institute Announce Partnership
Mix Talent and ANI, two rapidly growing Columbus-based businesses, have announced a partnership that will pair Mix’s expertise in assessments and measurement with ANI’s negotiation, conflict resolution, and leadership training and coaching.
Having worked with several fortune 500 companies, some of the largest governmental agencies like NASA and the United States Senate, and several prominent universities, ANI believes their partnership with Mix will add significant value to their client engagements. “We want to be at the forefront of negotiation and the data and measurement capabilities we get by partnering with Mix will be the difference. We can answer the question, ‘What is your track record of success?’ with specificity, and currently no one else can do that,” said Kwame Christian, Esq., M.A., the Managing Director at ANI.
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