Our weekly roundup of deals, product announcements and other HR technology news.
Cornerstone OnDemand said it’s built a skills engine into its portfolio of products. The Cornerstone Skills Graph is meant to help organizations implement “strategic skilling,” Cornerstone’s description of matching skills and people, learning content and job roles. The technology draws on the work of Clustree, a French company Cornerstone acquired in January.
Lattice launched a new career development product within its platform. Called “Grow,” the product surfaces advancement paths and development plans for employees while providing managers with trackable data. With it, leaders can view, set up and track development metrics and key growth areas for each member of their team, the company said.This week in #HRTech: @CornerstoneInc incorporates skills engine into its platform; @LatticeHQ adds career-development tools. #HR Click To Tweet
More employees are actively researching their benefits as open enrollment approaches, considering the Covid-19 pandemic to be “a wake-up call,” according to research by Aflac. Nearly half, 49%, said the pandemic has led them to invest more time researching and selecting coverage options, a significant shift in behavior since the majority of employees, 92%, choose the same benefits year after year. One-third of employees either don’t feel confident or are unsure if their health benefits will protect them in the event they’re COVID-19. In addition, more than two-thirds have experienced at least a minor financial impact because of the pandemic, and a third say they’ve experienced moderate to major impacts.
Oslo-based learning platform Kahoot acquired Actimo, a Danish employee engagement platform. Kahoot said the acquisition is part of the strategy to strengthen its platform with culture-building tools.
CareerBuilder began a three-year, $300 million upgrade of its talent acquisition suite in response to the job market’s changing dynamics. Included in the effort are further integration between CareerBuilder’s Talent Discovery Platform and employer career sites, simpler posting of remote jobs and SMS communication tools.
Oyster, a remote-work automation company that helps companies manage their remote workforce, said its platform is now available in 50 countries, covering 90% of the world’s knowledge worker population.
Cornerstone OnDemand named Ajay Awatramani as its chief product officer. Previously, he head of product and GTM at Adobe. He’s also worked at Marketo, Oracle and Siebel.
Rich Halbert joined WorkJam as chief strategy officer. Previously, he worked at Microsoft, where he served as firstline worker subject matter expert for Microsoft Teams.
Last Week’s Top Stories
New HireVue Feature Takes Aim at Code Test Cheating
HireVue, the provider of video-interview and assessment tools, released a new version of its CodeVue product that help technology managers and recruiters uncover cheating in pre-hire coding tests. Read more.
Ultimate Software, Kronos Unveil Combined Brand
Ultimate Software and Kronos, who closed their merger in April, unveiled their new corporate identity and began hinting at plans for their combined future. Read more.
Reskilling Solutions Lie in Approach More than Tech, Report Says
For all the attention reskilling gets, and all the money employers have invested in reskilling solutions, workers apply just 54% of the new skills they learn, Gartner says. And the landscape has become so unsettled that nearly two-thirds of HR leaders find themselves taking reactive, rather than proactive, approaches to addressing their organization’s skills needs. Read more.
Podcast: HR Expects to Put More Money Into Technology This Year
Most HR departments expect bigger budgets this year, and plan to put of that money into workforce technology solutions. Listen here.
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