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3Sixty Insights Monthly Recap | October 2021

Recent Research: Anatomy of a Decision: Engagedly Helps Customers Provide and Manage Modern, Positive Employee Experience 3Sixty Insights spoke in depth with three SMB customers of Engagedly — Essex Bank (a local financial institution), Convergent Media Group (a digital marketing agency), and BSR (a nonprofit consultancy focused on corporate responsibility). Each was facing significant challenges in managing processes associated with tracking and measuring their employees’ performance. This was the common paint point leading them to make the decision to implement or expand their deployments of Engagedly’s solution, which, in turn, brought order, efficiency, and flexibility to their workflow. All reported making major progress in achieving their ultimate goal: to modernize the employee experience. Users reported improvements in the retention of their people and in HR’s […]

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Immedis Guest Blog Article | How the CIO Plays a Critical Role in Bringing Order to Global Payroll

It is not a surprise that getting global payroll right is a mission-critical activity. What might surprise you is that a significant share of the responsibility for ensuring that an organization successfully accomplishes this falls on the CIO. Why? Because much of an organization’s enterprise software ecosystem is tightly entwined with the intricacies of processing global payroll, it causes significant stress across enterprise software infrastructure every pay period. Plus, there are considerable data security and compliance risks for organizations to consider- most of which will come under the CIO’s remit.   However, there are other often-overlooked considerations. The impact on an organization and its people can be stressful too. According to The Workforce Institute at UKG, 49 % of employees will tolerate no more than one mistake or problem with their paycheck before looking for a new job—making the decision to upend their own lives and placing the unwanted pressure of creeping attrition on the employer. Their decision likely stems from the fact that, according to a 2020 survey by the […]

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Paying and Getting Paid — The Future Is Already Out of the Barn

“I want it all, and I want it now!” belted the late, great Freddie Mercury on a criminally underrated song by the rock band Queen. Was he channeling typical first world consumers and employees from some four decades into the future? He might as well have been. People these days, not all of them want it all, truly, but most seem to want whatever it is they do want, now. They expect every accommodation. Leeway and speed are what they want. They want what they buy to arrive as soon as possible. They want to pay in the easiest way available, in a way most accommodating to their needs and wants. And they want the pay they’ve earned so far, right now — not in […]

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Infographic: Outsourcing Global Payroll: Getting Ahead on Employee Experience, Data Security, and Compliance

Getting global payroll right is mission-critical, and a significant share of the responsibility for it falls on CIOs, naturally. Absent order for the enterprise software ecosystem touching global payroll, so much can go wrong. This profoundly affects an organization’s people. The infographic here delves into the specifics around outsourcing global payroll—the seven warning signs that you should do, the three major upsides for your organization, and more. Read the full Research Note here: Research Note: Outsourcing Global Payroll: The Impact on Data Security & Compliance. Read the full Research Note here: Research Note: Outsourcing Global Payroll: The Impact on Data Security & Compliance.

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Research Note: Outsourcing Global Payroll: The Impact on Data Security & Compliance

Payroll is a mission-critical activity. Personal fulfillment and career advancement are important, but for most people the main reason they go to work is for a paycheck. Get it wrong, and the ramifications can be swift and bruising. Nearly half (49 percent) of the workforce is willing to tolerate just two problems with their paycheck before beginning a new job search, according to The Workforce Institute at UKG. This is probably because 69 percent of individuals would experience financial difficulty if their paychecks were delayed for a week, according to results from a 2020 survey conducted by the American Payroll Association. It’s a phenomenon other data corroborate. Nearly four-fifths (78 percent) of the workforce lives paycheck-to-paycheck to make ends meet, according to CareerBuilder, whose findings […]

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3Sixty Insights Monthly Recap | September 2021

Recent Research: Case Study: Allianz Global Investors Deploys Ceridian Dayforce to Modernize the Necessities of Employing People For well over a decade, employers have been ripping out legacy deployments of software for human capital management in favor of superior, cloud-based solutions delivered via software-as-a-service (SaaS). Providing the impetus for their decision to leave these often on-premises solutions behind is, typically, some combination of factors: the desire to emancipate HCM from pernicious inefficiencies, the business rationale to lower IT-related labor expenditure and eliminate expensive yearly maintenance fees, and more. Modern technology for HCM tends to deliver automation that greatly alleviates the administrative burden associated with the last generation of software for HCM. It is unacceptable today to accept highly manual processes in payroll or anything immediately […]

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Square Meets the Moment with Afterpay

Square, the digital payments giant co-founded by Twitter CEO Jack Dorsey, has this week acquired Australian fintech company Afterpay. The announcement has already made the rounds; plenty of outlets have proffered their own predictions of the effects this acquisition will have on the market. We at 3Sixty Insights see this going far beyond the market moment: we believe that buy-now-pay-later (BNPL) will continue to increase in relevance at the point of sale. By connecting AfterPay directly to purchase transactions, this acquisition has the potential to have a profound and lasting generational effect. Pay and Payments in the Present On-demand pay (ODP) has taken the HR world by storm since DailyPay was founded in 2015. There’s Dayforce Wallet (from Ceridian). Last month, global payroll provider CloudPay […]

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