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:
Beqom Study Reveals American Job Seekers Are Easily Swayed Into New Roles, Craving Flexibility, Transparency And Pay Equity
As the Great Resignation persists, workforces are ravaged and employers are bewildered about how to retain and recruit top talent. In fact, 65 percent of American workers have looked for a new job in the past year, and that number is even higher for Millennials (75%). While looking for a new job, key factors that caught the attention of job seekers include if a job description listed employee benefits and perks (81%), salary (79%), and clear requirements on hybrid, remote or full-time in office work (74%). These findings are according to beqom’s 2022 Compensation and Culture Report, which uncovered how the changing workplace landscape has altered employee perceptions around benefits, total rewards, transparency and pay equity in the last year.
Ceridian a global leader in human capital management (HCM) technology, announced the results of a study revealing 83% of surveyed North Americans wish their employer offered non-health benefits, such as on-demand pay and flexible work arrangements, and – if offered – 82% would feel more loyal to their employers.
Increased employee expectations are particularly evident among the millennial and Generation Z populations in North America (between the ages of 18-34), especially as many of them are newer entrants to the workforce. Nearly 9-in-10 of these workers who experienced trouble covering expenses between pay periods over the past 6 months (88%) say it had a negative impact on work. Moreover, 82% in this age group expect a current or future employer to play a role in supporting their financial security and well-being.
Pathlight, the leader in Performance Intelligence,unveiled at CCW Las Vegas new additions to their platform including AI-enabled Quality Assurance (QA) and Workforce Management (WFM) to help businesses improve customer experience and maximize team productivity. The intelligent, easy-to-deploy QA platform leverages AI to automate quality assurance processes across email, chat and phone conversations to ensure customer service interactions meet company standards and customer expectations. The new Workforce Management capability will simplify scheduling and attendance to help businesses stay on top of support volume and meet demand at scale.
B9, a financial technology company that provides payroll solutions aimed at promoting creditworthiness for underbanked, widens its reach by leveraging Fintel Connect’s network and AI-powered influencer marketing platform.
B9, a fintech that offers app-based payroll solutions to underbanked communities, has launched its affiliate program in partnership with Fintel Connect, the leading specialist in performance marketing solutions for financial brands.
In the US, young workers new-to-credit, including gig workers, make up a large proportion of underbanked customers, and B9 aims to help them build creditworthiness out of their daily earning and spending patterns. Founded by fintech veterans with extensive consumer finance experience, the B9 app offers day-to-day payroll solutions and a full suite of banking products, including the B9 Visa Card. The credit card features up to 4% cashback and early wage access of up to 100% of a customer’s next paycheck, enabling new-to-credit customers to build their creditworthiness and navigate daily financial needs.
Granite Telecommunications, a $1.75 billion provider of communications services to multilocation businesses and government agencies,announced plans to expand its workforce as a result of the company’s strong sales and financial performance in 2022. The company is seeking to immediately fill 250 high-wage jobs, including 70 tech positions at its headquarters near Boston and 11 regional offices throughout the U.S.
Granite has grown steadily since the company was founded 20 years ago in June 2002. As the Granite team kicked off a month full of 20-year anniversary festivities, the company reported it has exceeded its 2022 fiscal goal of $1.75 billion in annualized revenue and rewarded all Teammates with $500 bonuses. The company’s 20-year celebrations include a birthday party in downtown Boston, along with satellite celebrations at each of the company’s regional offices.
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