Workforce Management

New products and methodologies that help companies manage both full-time employees and independent contractors, and why they may need to meld the often-competing concerns of HR and Procurement as contingent workers take on a greater role in executing business strategy. Here’s where we also look at trends related to workforce dynamics and the products that address them.

ServiceNow announced Employee Growth and Development, or EGD, an AI-powered solution to aid organizations with their skills-based workforce management. EGD is meant to help companies better understand their workforce’s strengths and build a scalable skills strategy that both closes talent gaps and improves the employee experience on a single platform,...
Eightfold AI announced skills-based talent planning is available through Eightfold Talent Planning, a solution to assist organizations in analyzing, forecasting and future-proofing their workforce by assessing skills and resourcing gaps in real-time. The company said  this is an effective way to reduce the risk of disruptive reorganizations and weather...
GoCo announced product enhancements and new features, which the company hopes will add more flexibility to its solutions and further its vision of modernizing the HR experience. The features include time tracking geofencing, AI-powered document creation, an updated workflow UI and embedded payroll. According to Chief Product Officer Michael Gugel,...
Employee experience platform LumApps launched Spaces, a new feature designed to help organizations develop the engagement of their employees. The product – which provides a central place for employees to share information and connect with co-workers – is an evolution of the company’s existing LumApps Communities. Founded in 2015, LumApps...
EY and SAP will collaborate to develop a user proficiency management solution. The companies said the offering will help companies that are adopting new IT systems and migrating software to define required proficiency levels, measure users against these targets and identify corrective actions for underperforming employees. The collaboration is part...
Legal, compliance and HR software provider Mitratech acquired two companies, Circa and Trakstar. Circa provides Office of Federal Contract Compliance Programs (OFCCP) and DEI software with the aim of helping organizations change how they approach talent acquisition and management. Trakstar is a talent acquisition management platform providing data-backed tools...
G-P announced a customizable employment product suite to help companies build and manage global teams. The product, G-P Meridian, provides a control center for global employment in the form of a single dashboard designed to fit the modern workplace. According to G-P, the current digital economy -- combined with the...
Paycom Software announced its latest product offering, Global HCM, which allows businesses, as well as and their domestic and international employees, to manage their HR needs within a single, relatively straightforward system. The company said it can now expand access to more than 180 countries, in 15 languages and...
Cornerstone OnDemand unveiled what it calls the industry’s first holistic career growth, mobility and talent marketplace. Available through the company’s Talent Experience Platform, Opportunity Marketplace combines AI with the principles of human-centered design. The goal is to unlock new possibilities for employees while helping organizations improve engagement, retention, workforce...
Eightfold AI said it’s integrating recent versions of generative AI large language models in order to create two role-specific Talent Intelligence Copilots. On top of that, Eightfold’s Talent Insights will reflect the changing skills and roles created by generative AI in the labor market. Eightfold said that with the...