Compliance

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Mineral & the AI Revolution in HR Compliance

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A notable development within the HR and compliance technology sector emerged in 2024 when Mitratech acquired Mineral, a leader in predictive HR and compliance services for growing businesses. With this acquisition, Mineral released ARIES, its AI-powered HR Compliance assistant infused with the data of over one million clients and years of experience. Designed to tackle the complexities of HR compliance, ARIES is one of the many AI compliance tools posed to reshape how organizations manage compliance and workforce-related challenges. One of ARIES’s key features is its ability to process natural language queries against an extensive database of federal and state laws, providing conversational-level guidance. This is backed by Mineral’s team of HR and legal experts, who curate information and can validate high-stakes situations, ensuring the […]

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Monthly Research Recap | December 2024

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Recent Research: Market Alert: ADP Closes Gaps and Expands Capabilities with WorkForce Software Acquisition In October 2024, ADP acquired WorkForce Software for $1.2 billion, enhancing its HR software offerings with complementary workforce management solutions. The acquisition strengthens ADP’s capabilities in areas like time and attendance, scheduling, and employee communications, while expanding its reach to enterprise-level customers. This strategic move supports ADP’s growth and innovation, aligning with its mission to deliver dynamic, compliance-focused workforce solutions. Benchmark Report: HR Misalignment Costs You More Than You Think – Here’s Why It Matters A staggering 82% of HR leaders report misalignment between their department and overall business strategies, contributing to a global economic loss of $8.9 trillion annually—9% of GDP. This misalignment impacts employee satisfaction, which sits at just […]

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Rethinking Workforce Strategies: Insights from UKG’s Latest Innovations

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3Sixty Insights’ CEO, Nicholas Biron, attended UKG’s Aspire event in Las Vegas last month, and I was fortunate enough to have him share some of his findings and takeaways with me. After looking through some of UKG’s materials, one thing I noticed was how vendors like UKG are trying to help businesses simplify their navigation through the complexities of workforce solutions. For many of them, solutions prioritizing employee wellbeing and operational efficiency are paramount. UKG’s announcements at their 2024 Aspire event highlighted several advancements aimed at transforming the WFM customer experience. From AI-driven compliance tools to global payroll transformations, these solutions underscore the critical role of technology in reshaping the future of work. One of the standout developments is the UKG Bryte AI agents, which […]

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Monthly Research Recap | November 2024

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Upcoming Events: HR Executive Webinar: Aligning the Path Forward – How Talent Intelligence Brings HR and Business Strategy Together | December 11th, 2024 @ 1pm Eastern Misalignment between talent strategies and business objectives creates barriers to achieving both employee satisfaction and organizational success. Join us for an exclusive look at new research on the real impacts of HR-business misalignment, featuring insights from industry experts. We’ll explore how AI-driven talent intelligence can bridge these gaps, highlighting real-world examples of companies aligning talent strategies to support broader business goals. Discover how a cohesive approach can transform employee experiences and drive greater organizational impact. Recent Research: Benchmark Report: HR Misalignment Costs You More Than You Think – Here’s Why It Matters A staggering 82% of HR leaders report […]

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isolved’s Comprehensive Approach to Workforce Optimization

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More and more businesses today find workforce management, labor productivity, and operational efficiency mandatory for sustaining a competitive advantage. At the same time, though, companies have to juggle the challenges of talent acquisition, compliance, employee engagement, and retention while staying agile and efficient. At their recent Connect customer and partner conference, I was fortunate to sit in on isolved’s showcasing of their new suite of solutions and services, including the People Cloud. The modular platform is designed to streamline HR, payroll, benefits, and talent management functions, providing businesses with a powerful solution to reach the full potential of their workforce. isolved also mentioned that they built this with scalability in mind, giving businesses the flexibility to grow while maintaining seamless connectivity in their workflows backed […]

#HRTechChat: John Sumser on Compensation, Pay Transparency, and the Future of Work

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John Sumser, VP of Marketing at Salary.com and a seasoned industry analyst with over 30 years of experience, joins Dylan Teggart for this episode of #HRTechChat. Together, they explore the shifting landscape of compensation and the profound ways pay transparency and AI are shaping the future of work. From his beginnings analyzing the job board industry at the dawn of the internet, John offers a wealth of knowledge on HR technology and the critical role compensation plays in business strategy. In this episode, John shares his unique perspective on key trends transforming the workforce, from navigating an aging labor market to the challenges of integrating vast amounts of data into actionable insights. With a thoughtful approach to ethics, technology, and innovation, John provides listeners with […]

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Eightfold Blog: What Talent Misalignment Might Be Costing Your Business

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Our new talent survey with 3Sixty Insights explored the top concerns and challenges among HR leaders today. Only 18% of HR leaders surveyed said they are fully involved in business strategy, regularly collaborating with the C-suite, and that their talent strategy aligns with business objectives. This disconnect extends beyond the C-suite level with 71% of HR leaders saying they struggle with staffing challenges. A staggering 82% of employees told us they’ve looked for a new job within the past 12-18 months. HR disconnects and inefficiencies are contributing to $8.9 trillion lost due to low employee engagement, according to Gallup. HR leaders must devote more resources to understanding their current employees’ skills and capabilities, enabling them to better align work to business goals and achieve desired […]

#HRTechChat: Unlocking Behavioral Insights Through AI with Ben Mones of FAMA

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Ben Mones, CEO and Founder of FAMA, joins Dylan Teggart for this episode of #HRTechChat to discuss the evolving landscape of AI in HR technology and talent assessment. With over a decade of experience leading FAMA, a company dedicated to providing behavioral insights through digital footprints, Ben shares his journey from launching FAMA via an accelerator program to becoming a leader in the field. He recounts the company’s origin story, inspired by an incident of workplace misconduct, and discusses FAMA’s role in helping employers identify potential risks through online behavior analysis. Ben and Dylan explore the broader trends shaping HR tech, including the increasing sophistication of AI procurement processes, the impact of societal movements on hiring practices, and the challenges of integrating AI into decision-making […]

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Enhancing HR and Administrative Efficiency: Key Takeaways from Dayforce’s Discover Event

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Last week, I had the opportunity to attend Dayforce’s Discover event, and once again, it was evident that the world of HR technology continues to evolve rapidly. Much like other organizations we’ve engaged with, Dayforce has been making impressive advancements in refining its software and solutions. It’s an exciting time for organizations looking to improve operations through technology. As we continue to witness, technology is making a significant impact on how businesses function, and it’s increasingly clear that the integration of software solutions is helping organizations streamline operations, reduce costs, and ultimately, work better. At the event, two key takeaways from Dayforce’s messaging really stood out to me: 1. Enabling HR Professionals to Do the Work They Were Meant to Do Dayforce’s tagline, “Allow professionals […]

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Case Study: Peabody Saves Cost & Time Entrusting Benefits Administration to Empyrean

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What if your team could truly free up time to focus on your core business? That’s what leading coal producer Peabody experienced. A global enterprise headquartered in St. Louis, Missouri, Peabody operates 17 mines and serves customers in more than 20 countries. In her 30 years at Peabody, Vice President of Total Rewards, Julie Nadolny has helped build a strong HR team, many with 20+ years’ tenure, to administer health & welfare plans, retirement programs, executive and broad-based compensation programs, and more. But how could they most effectively administer varied benefit plans to Peabody’s 3,500 U.S. employees? Peabody emerged from tough economic conditions in 2017 committed to downsizing legacy costs associated with the 141-yearold business. As Peabody examined its expenses, Nadolny and her team sought […]

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3Sixty Insights Named to Fama’s 35 Favorite Influencers in Q3 2024

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  We are thrilled to announce that 3Sixty Insights has been recognized alongside our own Nicholas Biron and Dylan Teggart as part of the esteemed Fama’s 35 Favorite Influencers in Q3 2024! This honor underscores our commitment to providing actionable insights and research that shape the future of HR and talent acquisition. View the full list of Fama’s 35 Favorite Influencers in Q3 2024 here: Fama’s 35 Favorite Influencers in Q3 2024

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Monthly Research Recap | September 2024

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Recent Research: Research Note: Enriching the Relationship: Insurance Brokers, Their Customers, and HCM Solution Vendors In this report 3Sixty Insights will explore the changing nature of the relationship between insurance brokers and their customers as the demands from customers evolve and the range of financial service and consulting offerings from large brokers grow to match. We met with leaders from three of the nation’s largest brokers, and with leadership from isolved, a human capital management (HCM) solution vendor who works closely with brokers to meet the expanding needs of businesses. Recent Articles: How Insurance Brokers Are Evolving to Meet the Changing Needs of Businesses in a Rapidly Shifting Landscape As businesses face rising healthcare costs, compliance challenges, and increasing employee expectations, insurance brokers are evolving […]

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The Shift to Cashless Tips and What It Means for Workers

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Recently, I came across a feature that caught my attention—Dayforce’s new cashless tip functionality, which is integrated into their Dayforce Wallet. In a world that’s rapidly moving toward cashless transactions, the tradition of cash tips is starting to fade. This change is significant, especially for tipped workers who have historically relied on cash for immediate, untaxed earnings. Let’s be real: for many in the service industry, cash tips have long provided a bit of relief from the tax burden. When you’re barely scraping by, that extra bit of cash—off the books—can feel like a lifeline. Whether it was for a sandwich on the way home or a drink after a long shift, cash tips offered something immediate and untouchable by the taxman. For decades, this […]

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Maximizing Private Equity Performance: The Role of PEOs in Strategic Human Capital Management

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Private equity (PE) firms face several challenges in their quest for high-potential investments, including rising capital costs, extended holding periods, and economic unpredictability. However, an often-overlooked factor in their evaluations of their portfolio companies is the importance of effective human capital management. The success of most companies is intricately tied to the presence of skilled and talented employees. In 2024, this is becoming more crucial than ever, especially as the best employees look towards companies that value employee well-being. A study by FTSE Russell found that companies focusing on effectively managing their human capital have significantly higher productivity, revenue, and profitability, with revenue-per-employee growth nearly double the average rate. These can be untapped gains for a new acquisition, especially given the higher attrition rates during […]

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Research Note: Enriching the Relationship: Insurance Brokers, Their Customers, and HCM Solution Vendors

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The Changing Landscape for Small Businesses The last few years have been some of the most tumultuous in living memory, especially for small businesses trying to navigate the effects of the pandemic and a rapidly changing workforce. Generational shifts, technology innovations, and legislative changes have put enormous pressure on business leaders to adapt and respond and much of that pressure has fallen to HR leaders to manage. An explosion in complexity of compliance requirements, changing expectations from the workforce, and a need to move ever faster has left HR departments struggling to stay on top of even day-to-day tasks. As a result, business leaders are leaning more and more heavily on their existing relationship with their insurance broker for help. Brokers Today Insurance brokers often […]

#HRTechChat: Navigating Global Payroll Challenges with Remi Champeix

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Rémi Champeix is a global payroll transformation lead with over 15 years of experience. His expertise includes global payroll strategy, process design, governance frameworks, and system implementations. He is adept at simplifying payroll landscapes, centralizing tasks, and managing vendor relationships. Rémi sits down with Dylan Teggart for this HRTechChat, and they discuss Rémi’s passion for enabling people, simplification, and inclusive leadership. Rémi also addresses the challenges of EU tax compliance and discusses emerging payroll models and the limitations of AI in the European market. Our #HRTechChat Series is also available as a podcast on the following platforms: Apple iTunes: https://podcasts.apple.com/us/podcast/3sixty-insights/id1555291436?itsct=podcast_box&itscg=30200 Spotify: https://open.spotify.com/show/7hXSgrFWXwvJqPbnKunztv SoundCloud: https://soundcloud.com/user-965220588 YouTube: https://www.youtube.com/channel/UC6aDtrRPYoCIrnkeOYZRpAQ/ iHeartRadio: https://www.iheart.com/podcast/269-3sixty-insights-78293678/ Amazon Music & Audible: https://music.amazon.com/podcasts/7e7d809b-cb6c-4160-bacf-d0bb90e22f7c Pandora: https://www.pandora.com/podcast/3sixty-insights/PC:1000613511 PlayerFM: https://player.fm/series/3sixty-insights Instagram: https://www.instagram.com/3sixtyinsights/ Pocket Casts: https://pca.st/iaopd0r7 blubrry: https://blubrry.com/3sixtyinsights/ Castbox: https://castbox.fm/channel/id4113025 ivoox: https://www.ivoox.com/en/perfil-3sixty-insights_a8_listener_25914379_1.html Podchaser: https://www.podchaser.com/podcasts/3sixty-insights-1718242 Pocket Cast: https://pca.st/iaopd0r7 Deezer: https://www.deezer.com/us/show/3029712 Listen Notes: https://www.listennotes.com/podcasts/3sixty-insights-3sixty-insights-DgeU6AW42hn/ TUNE IN: https://tunein.com/podcasts/Business–Economics-Podcasts/3Sixty-Insights-TechChat-p1529087/ PodBean: https://www.podbean.com/podcast-detail/9nugf-1e0a27/3Sixty-Insights-Podcast Audacy: https://www.audacy.com/podcast/3sixty-insights-hrtechchat-1ccab […]

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Case Study Vignette: Streamlining HR Operations for Growth – Calibre Scientific’s Strategic Partnership With Insperity

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Fostering a highly innovative small business or start-up can require a visionary founder, a great product, and substantial investment, but it is predicated on having the right workforce supporting it with top talent and expertise to drive continued success. However, when most entrepreneurs start their businesses, they don’t envision being bogged down in the HR administrative details. They want to remain hyper-focused on advancing their products and achieving growth milestones. At Calibre Scientific, CEO Ben Travis needed a solution to alleviate the burden of HR and payroll, allowing him to focus on his business strategy and execution. His company was growing, and it needed help to maintain this growth trajectory without the people side of the business falling off the rails. For firms like his […]

#HRTechChat: Ray Walker on Navigating Contingent Workforce Compliance and the Future of Work

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In today’s workforce landscape, Ray Walker stands out as a leading expert in contingent workforce compliance. A seasoned professional who ensures compliance with both general and immigration laws, Walker’s primary focus is maintaining business integrity while adhering to complex regulations. Contingent workers, defined as non-standard, off-payroll employees engaged on a project basis, have become a significant part of the labor market, constituting one-fifth of the UK labor market. Walker categorizes contemporary workers into three main types: traditional full-time employees, gig workers, and professional service providers. Each group faces unique legislative challenges, especially in a globalized economy where misclassification and multi-jurisdictional issues are common. Walker’s expertise is precious in navigating these complexities, ensuring businesses remain compliant without hindering operational efficiency. His insights into the future of […]

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Workforce Software Guest Blog: Organizational Change Management (OCM) Meets Workforce Management: A Guide

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As businesses and enterprises contend with the constant drive for technological innovation, economic turmoil from geopolitical tensions, and multiple generations working side by side in the workforce, no one would argue that this era is characterized as one of “maximum change and unpredictability.“  Similarly, few would challenge the notion that this operating landscape brings challenges and opportunities, with the latter being enjoyed by those businesses that excel in one competency area in particular: managing change or the domain commonly known as Organizational Change Management (OCM).  Why OCM is Vital for Large Enterprises A recent Boston Consulting Group study revealed that during the past two decades, only 26% of corporate transformations successfully created value in both the short and long terms. Then, we have the oft-cited McKinsey findings that only 30% of organizational change initiatives are considered highly successful afterward.    Effective change management is even more vital when more stakeholders (e.g., employees, managers, HR and […]

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Monthly Research Recap | June 2024

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Recent Research: Case Study: Transforming HR Operations: Kendall Hunt’s Journey to Modernization and Efficiency Kendall Hunt Publishing partnered with isolved to modernize their outdated, manual HR systems. By incrementally implementing isolved’s HCM solutions, they automated payroll, benefits onboarding, and timekeeping, significantly reducing errors and workload. This transformation enabled the HR team to focus more on enhancing employee experience and engagement, reflecting Kendall Hunt’s commitment to their employees. Case Study Vignette: Transforming Recruitment – One Non-Profit’s Journey to Building the Best Onboarding NLETS, a U.S.-based non-profit providing secure access to law enforcement information, transformed its recruitment and onboarding process under the leadership of HR Manager Suzanne Church. Facing outdated, manual systems and long wait times, Suzanne partnered with HCM platform vendor isolved to implement an automated, […]