Our weekly roundup of deals, product announcements and other HR technology news.
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G-P and Wise announced a partnership to help organizations pay international freelancers and contractors. Through the integration, companies will have direct access within the G-P platform to a payment system that helps ensure fairness and pay transparency for all talent. In addition, the collaboration will deliver flexible payment options and a straightforward view into the payments process.
Forty-one percent of HR professionals reported their organization is struggling to address pay equity, a 10% increase over the prior year, according to Salary.com’s Employer Pay Equity Pulse Survey. The survey found that the top three challenges are getting leadership to support pay transparency, integrating their pay philosophy into corporate culture and learning how to conduct a pay equity analysis.
Chestnut Health Systems, an Illinois-based behavioral health and human services non-profit, developed a Workplace Inclusion Scale (WIS) to measure inclusiveness. The goal is to help employers measure the success of their DEI efforts. According to the organization, WIS is available for free to the general public.
Talent assessment platform Plum closed $6 million dollar growth funding round led by Pearson Ventures. The company said it will use the funding to ensure businesses are ready for the changing world of work while keeping an eye on the quality of work and how that connects the employer and employee.
Performio unveiled its new product, Analytics Studio, which will let customers get insights into their compensation data and create business recommendations. The technology leverages predictive AI to generate insights into payable and attainment trends by team, territory or products, which informs and improves territory, quota and compensation recommendations. With it, users can build reporting visualizations, create custom views into their data, gain insights into their business and use natural language questions to explore the data and easily create charts.
Relode announced the appointment of Neal Bhamre as its chief growth officer. The company said he is a staffing industry veteran who will lead go-to-market functions, including sales, marketing, and alliances.
Last Week’s Top News
Technology Takes On Greater Role in DEI Efforts
According to a recent study by RedThread Research, HR technology plays a significant role in helping companies scale their DEI initiatives. In fact, the market for DEI technology grew by 87% between 2019 and 2021, the researcher found. Read More.
Eightfold AI Adds Intelligent Experience Module to TIP
Eightfold AI released its Intelligent Experience (IX) offering as a new addition to its platform. The company said the goal of the product is to help employers and talent teams take advantage of data-driven activities and decision-making, saving them time and effort on laborious business processes. Read More.
Employers Plan Reset of Internal Communication Strategies
Only about half of employers – around 56% – believe their workforce understands the organization’s strategy, vision and purpose, according to Gallagher’s 2022/2023 State of the Sector report. So it’s not surprising that many organizations are looking to revamp their internal communications strategy in order to give their employees a better idea about their approach. Read More.
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