Our weekly roundup of deals, product announcements and other HR technology news.
Modern Hire launched a self-service reporting system to help companies identify opportunities for improvement in their candidate recruiting and hiring funnel with analytics. Through visualizations and data exports the product allows clients to access the number, conversion rates and timing of candidates moving from the initial invite to the final stages of hiring. The company hopes the offering will help companies to get insight into their hiring processes and adjust for better outcomes.
CodeSignal announced the release of a new scoring system and custom AI-generated insights designed to help companies evaluate skills for technical hiring. The company said the system uses a two-tiered scoring report, analyzing data from its pool of candidates, to provide insight into a candidate’s proficiency level in each skill assessed.
Ninety-two percent of HR professionals are just as or more willing to hire someone who was laid off, according to a new study from BambooHR. In fact, more than half of the survey’s respondents said they believe that uncertainty in the economy provides a larger talent pool of qualified candidates (55%) and an opportunity to pick up quality hires from other companies after downsizing (52%).
Contact center platform UJET partnered with Alvaria and Google Cloud. The partnership will help enterprise contact centers to use Alvaria’s compliant outbound and workforce engagement management (WEM) capabilities through Google Cloud contact center AI platform. According to the company, Alvaria WEM solutions provide employees with flexible scheduling options, gamification, performance tracking and automated workflows – aiming to increase engagement and reduce attrition.
Evolia, a workforce management platform previously known as Voilà!, unveiled an “employer-powered” talent pool for finding and hiring frontline workers. With it, the company said it hopes to help increase user flexibility and place the worker at the center of the operational process.
Finally, SmartRecruiters welcomed Michael DeSimone as the company’s new CEO. He was previously the CEO of ShopKeep, a cloud-based point-of-sale system provider, and Borderfree, an e-commerce platform provider.
Meantime, ExecOnline, an online leadership development company, announced that Jennifer Brannigan has joined its senior leadership team as chief sales officer.
Last Week’s Top News
HR Technology Helps Most Enterprises Achieve Cost Savings, But Can’t Demonstrate Value
While a majority of enterprise companies have realized cost savings from their HR technology investments, fewer than half are able to demonstrate clear business value from that investment, according to a survey by Information Services Group.The 2023 ISG Survey on Industry Trends in HR Technology and Service Delivery found that 87% of organizations have achieved savings of 10% or more on total HR administration costs from their HR Software as a Service platform. Read More.
EY, SAP Collaborate for User Proficiency Management
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. Read More.
WorkLLama Joins SAP Store, Integrates with SuccessFactors
WorkLLama has made its platform available on SAP Store, the online marketplace for SAP and partner offerings. The company’s products integrate with SAP SuccessFactors to help organiations tap into a diverse pool of candidates across all categories, and enable them to outperform their competitors in the highly dynamic labor market. Read More.
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