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:
Erie Insurance Recognized As A ‘Best Employer For Excellence In Health And Well-Being’ By Business Group On Health
Erie Insurance (ERIE) is one of 44 large employers recognized by the Business Group on Health as a 2022 Best Employer for Excellence in Health & Well-being. The annual awards program recognizes companies across diverse sectors for advancing employee well-being through comprehensive and innovative benefits and initiatives.The awards, now in their 17th year, were announced last month at the Business Group’s annual conference in Nashville.The Business Group reimagined the award criteria this year to reflect a global perspective and to integrate and honor the importance of health equity and the employee experience. The criteria focused on leadership, culture and holistic well-being approaches, including mental health, financial security, physical health, social connectedness, job satisfaction, metrics and evaluations. Entries were reviewed by a panel of peer employer judges.According to ERIE’s Director of Benefits Jody Irwin, the expanded criteria raised the bar for employers, but ERIE has always prided itself on offering exceptional benefits that go beyond the basics as well as tools to help employees and their families maintain good health.
UpGrad KnowledgeHut Announces Job-Guarantee Programs For Skill Seekers
Taking its outcome focus to the next level, Bangalore-based short duration skilling provider UpGrad KnowledgeHut has launched a job guarantee scheme for its learners. The new scheme is currently available for the flagship Full Stack Development (FSD) course and will soon include Data Science and the remaining 300+ courses in the coming months. Towards ensuring the success of the new scheme, upGrad KnowledgeHut is leveraging the more than 4,000 enterprise customers that it has been working with since inception and is also adding new partners to strengthen the program.The new scheme has also been designed taking cognizance of the world’s workforce returning to work post the Covid-19 pandemic. There is an increased need for this workforce to upskill in the continually evolving technology space to ‘catch up’ with what is referred to as the ‘new normal’. A significant portion of the workforce was forced to quit or take deep cuts in salary over the last two years due to the pandemic.As part of the new scheme, upGrad KnowledgeHut will help participants with various aspects of the job hunt towards enabling them to get their dream job. This includes interview preparation, CV & LinkedIn profile building, soft skill training and mock assessments. KnowledgeHut will also ensure that learners get the maximum possible starting salary or salary hike. Freshers are expected to get a job with an average starting salary of Rs. 10 lakhs per year.
CareerBuilder Teams Up With BIN: Black Information Network To Launch First-Of-Its-Kind “100,000 Careers” Initiative To Connect Employers With Black American Career Seekers
BIN: Black Information Network, the first and only 24/7 national and local all-news audio service with a Black voice and perspective, and CareerBuilder, the global talent acquisition leader and job marketplace platform, announced today that they are joining forces to launch “100,000 Careers,” a first-of-its-kind career initiative platform that aims to connect employers who are seeking a highly qualified and diverse workforce with Black American job seekers who are looking to advance to higher levels or start a career. A critical step toward building wealth within the Black community is by providing resources needed to secure a career that offers stability, important benefits, and a higher income that can grow over time. The mission of the 100,000 Careers initiative is to help people in the Black community find a job and build the career of their dreams. The platform includes tools to help candidates get started, such as job listings, easy resume building, and custom content designed to help Black listeners identify their transferrable skills and discover new careers. The 100,000 Careers platform will be a one-stop-shop for connecting employers with Black American career-seekers looking to advance.
Clearlake Capital-Backed Cornerstone Completes Acquisition Of EdCast
Cornerstone OnDemand, Inc., a cloud-based talent management software provider backed by Clearlake Capital Group, L.P. (together with its affiliates, “Clearlake”), announced it has completed its acquisition of EdCast. Cornerstone and EdCast are united in a vision to create an open platform for people development, growth, and mobility, powered by AI, machine learning, and people data. The platform will enable organizations of all sizes to create a scalable learning infrastructure, extend the impact of talent technology investments, and deliver personalized growth for employees that spans learning, skill development, content, and career mobility. Together, Cornerstone and EdCast will help organizations around the world improve productivity across their businesses.“Cornerstone’s acquisition of EdCast is a significant moment for the industry. While our collective expertise and scale has the potential to transform learning, the value of the combination extends well beyond that,” said Himanshu Palsule, CEO of Cornerstone. “Combined with the EdCast team, Cornerstone is fast tracking our commitment to platform-agnostic innovation. We’re excited to accelerate our shared and complementary vision to create a more open platform for talent leaders, and an AI-powered growth experience for people. Together, we’ll help customers take their learning and talent initiatives – and the people experience at work – to a new level.”
OneTrust Launches Fully Integrated Ethics & Compliance Cloud
The OneTrust Ethics & Compliance Cloud builds the Convercent by OneTrust technology directly into the OneTrust platform, enabling compliance, ethics, HR, and legal teams to unite people, process, and technology across Ethics Program Management, Speak-Up Culture Assurance, and Third-Party Due Diligence programs in a unified cloud platform.
[To share your insights with us, please write to sghosh@martechseries.com]