By The Editors
HRO Today Releases Worker Confidence Index Study Annual Report for 2017
Worker Job Security and Trust in Leadership Wavering
Philadelphia, PA – March 8, 2018 – HRO Today announced that it released its Worker Confidence Index Study annual report for 2017.
In this study, the Worker Confidence Index (WCI) reports a decrease of 0.7 points since last quarter and 1.3 points since last year. It now stands at 103.2 after increasing for the past two consecutive quarters.
Of the four components of the WCI, trust in company leadership rose by 3.2 points, while there was a 2.5 percent decline in confidence related to job security.
Acquisition of leading SaaS payroll and HR provider based in Denmark advances Paychex’s international growth
ROCHESTER, NY – March 1, 2018 – Paychex, Inc., a leading provider of integrated human capital management solutions for small- to medium-sized businesses, today announced the acquisition of Lessor Group (Lessor), a market-leading provider of payroll and human capital management (HCM) software solutions headquartered in Denmark and serving clients in Northern Europe. Lessor provides services under two models – a SaaS and on-premise suite through its Lessor platform and Microsoft Dynamics; and a do-it-yourself, cloud-based platform branded as Danløn in Denmark and delivered under the following brands in other parts of Europe: Ilohngehalt (Germany), Norlønn (Norway), and Swelön (Sweden).
“Paychex’s international strategy has been to grow in Europe, beyond our Germany operation. This acquisition gives us significant client and revenue growth opportunities, and it will deliver value for business owners that helps make it easier for them to be efficient and compliant,” says Martin Mucci, Paychex president and CEO. “Our two organizations share a commitment to businesses in the markets we serve, and the combination of Lessor’s payroll and HCM software products and Paychex’s full-service BPO service bureau capabilities will provide a complete technology-enabled services platform in our markets.”
Acquisition Addresses Ongoing Need for Recruiting Support for Difficult-to-Find, Skilled Talent
PHILADELPHIA, PA – February 28th, 2018 – Yoh, a leading international talent and outsourcing company and part of Day & Zimmermann, announced today the acquisition of Maxsys Solutions, LLC, a Frisco, Texas-based specialty IT recruitment firm. The transaction includes Maxsys Financial Solutions, LLC, a separate finance and accounting brand. The acquisition expands Yoh’s IT specialty staffing practice area and addresses the demand from businesses of all sizes for flexible, on-demand and sustained recruiting for skilled professionals. The transaction closed on February 23, 2018; terms were not disclosed. Duff & Phelps served as the exclusive financial advisor to Maxsys Solutions on this transaction.
“Technology companies large and small continue to struggle finding highly-skilled IT, Application Development, Project Management, and Finance and Accounting professionals to meet their critical talent needs in today’s fast-moving business landscape. This acquisition is a reinforcement of our commitment to providing focused recruiting solutions to our clients,” said Emmett McGrath, President of Yoh. “Maxsys is a strong addition to our national IT recruiting practice and will allow us to deliver top IT talent to more of our customers.”
We rank the top providers based on customer satisfaction surveys.
By The Editors
HRO Today’s Baker’s Dozen Customer Satisfaction Ratings are based solely on feedback from buyers of the rated services; the ratings are not based on the opinion of the HRO Today staff. We collect feedback annually through an online survey, which we distribute both directly to buyers through our own mailing lists and indirectly by sending service providers the link to send to their clients.
Winners of the Annual North America Association Awards will be Announced
Philadelphia, PA – January 30, 2018 – HRO Today, a leading publication in the HR industry, has announced the launch of its first HRO Today Services and Technology Association Summit – a conference and training retreat for HR services and technology providers, analysts and practitioners working in or with a services partner.
This event will take place October 17-18, 2018, at the Union League in Philadelphia, Pennsylvania, with the theme of “The Greatest HR Association Show on Earth.”
Founder Succeeded as Chairman of the Board of Directors by Son and Current CEO, Bill Graebel.
DENVER – January 16, 2018 – Graebel Companies, Inc., a leading provider of workforce and workplace mobility solutions for Fortune 500 and Global 1000 firms and the largest family-owned, privately held relocation company in the world, recently announced that David (Dave) W. Graebel, 88, has been named Chairman Emeritus. He had served as Chairman of the board of directors since founding the company in 1950. Dave is being succeeded as Chairman of the board of directors by his son, William (Bill) Graebel, 56, SGMS, who continues to hold the position of Chief Executive Officer, a role he has held since 2007.
As Chairman, Bill will now guide the six-member board of directors that oversees the strategic direction of Graebel, in addition to serving as the company’s CEO. In the newly created role of Chairman Emeritus, Dave will continue to provide guidance and counsel, lending expertise gained from nearly seven decades in the relocation industry.
BROOKFIELD, WI – January 11, 2018 – Cielo, the world’s leading strategic Recruitment Process Outsourcing (RPO) partner, is making a significant investment in Talentify, a talent acquisition technology company that believes there is a simpler way to leverage technology in recruiting experiences.
Talentify is centered on quickly connecting matched applicants with hiring managers, while creating more meaningful interactions in the process. Flux by Talentify is the firm’s revolutionary first product; a results-as-a-service technology that automatically attracts, screens, and schedules high-volume hourly candidates for interviews with hiring managers. Flux by Talentify combines recruitment marketing, human psychology and experience design to deliver dramatically different results – a better velocity, quantity and quality of candidate.
“If we’re doing this right, and our investors like Cielo believe we are, our products will free up the people who work in talent acquisition to actually work with talent. We will nudge them to take the next necessary action, right when it is appropriate to achieve optimal outcomes,” says Talentify founder Othamar Gama Filho. “But it is about more than being able to reallocate precious time, our consumer-grade, mobile-first experience and programmatic sourcing capability also drives down cost by improving conversion to hire rates.”
Advances in technology, such as social media and sophisticated data-mining software, have taken a lot of the guesswork out of HR and are increasing the speed of finding the right talent. Talent acquisition is rapidly becoming more ‘science’ than ‘art,’ and HR is responding to these changes.
Nearly three-quarters of survey respondents in this report’s study believe that there will be a need for greater technical acumen within just two years, and about 82 percent indicated that integrating automation into the talent acquisition function is very important. Talent acquisition professionals who resist embracing new technology are already becoming obsolete.
Results also show that candidate experience is paramount when integrating technology. Which other factors and specific technologies do HR professionals say are trending to be the most important for the future? Find out in this report.
Philadelphia – December 19, 2017 – SharedXpertise, publisher of HRO Today, and PeopleScout, a global provider of recruitment process outsourcing (RPO), managed services (MSP) and total workforce solutions, have announced the release of their global unemployment report for the third quarter of 2017.
This report provides companies with global labor market data about employment rates, economic growth and the state of the talent pool in various countries and regions. It provides essential information for predicting high-potential locations for expansion and recruitment, allowing multinational companies to stay competitive in talent acquisition. This edition of the report also provides a regional synopsis of English proficiency for those countries where English is not the primary language.
“Global growth for the rest of the year is projected to continue moderately, and activity in advanced economies that is driven by the United States is also expected to gain momentum,” said Larry Basinait, vice president of market research at SharedXpertise. “However, we caution that comparing unemployment rates among various countries is a challenging task. We encourage you to look at all of the available perspectives in this report to help you analyze the talent environments most appropriate for your organization.”
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