VNDLY, a leading cloud-based workforce management systems provider, announces its global expansion with a new office located in Toronto. The company, founded in 2017, is recognized by industry experts as a top-ranking technology provider in the vendor management systems category (VMS). The company raised $46 million in external funding in 2019 and supports many Fortune 500 companies as clients to help manage their non-employee workforces. HRtech News
VNDLY’s Canadian entity will be headed by Kyle Hodgson, VNDLY’s director of engineering and operations, three-time start-up CTO, and published technical author. VNDLY chose Toronto because the city has a large high-tech talent pool, offers affordability that supports rapid scaling, and was recently ranked as North America’s third-best tech city behind San Francisco and Seattle. “We’re thrilled to share the good news about our Toronto office, which is the beginning of our strategic global expansion,” said David Weiss, VNDLY’s executive vice president of sales. “We know that our move into the global arena will allow us to scale and support our clients’ growth initiatives and workforce objectives.”
This is VNDLY’s initial global expansion, with 15 additional markets scheduled to go live over the next 12 months. The application will include localization, currency, and language support to ensure fully-compliant solutions for clients, regardless of region. On June 14, VNDLY will launch its first client in the UK, with complete currency support and GDPR compliance.
“Our global expansion is an indicator of the trust and confidence our customers have shown. Our last five RFP wins require a global rollout of our software, and our solution was always built keeping global functionality in mind. We’re excited to move our solution beyond the US market, giving VNDLY’s global clients access to the modern cloud-native platform that is successfully providing innovative solutions beyond what is available through legacy VMS tools,” said Shashank Saxena, VNDLY’s co-founder and CEO. “We know with Kyle’s experience at the helm, our Toronto office is poised to bring VNDLY to the world. His experience providing large enterprises with engineering, architecture, and digital transformation strategies is the perfect resource for us and our clients.”
After once again delivering more than one million training hours to its 16,000 employees in fiscal 2019, Paychex, Inc., a leading provider of integrated human capital management solutions for human resources, payroll, benefits, and insurance services, has been recognized as one of the top 125 training organizations in the world by Training magazine.
Honored for the 19th consecutive year, Paychex occupies the number 14 spot on the 2020 list.“We have a passion for continual learning and development at Paychex, something that permeates the organization and spans the entire employee journey,” said Laurie Zaucha, the company’s vice president of human resources and organizational development.
“We design unique and creative learning solutions to help the company reach strategic goals and position our employees to grow and thrive, all while working to deliver the best possible experience for our customers.”Paychex empowers its employees to embrace a career-long approach to learning and development with:A personalized, AI-powered learning management system (LMS) which recommends courses based on an employee’s job role, professional interests, and previously completed courses.Video coaching and interactive games to increase learning retention.Personal and Professional Development sessions that help employees strengthen soft skills such as emotional intelligence, critical thinking, and their ability to navigate crucial conversations.Paychex TV, a library of more than 500 training videos.Last fiscal year, Paychex employees completed more than 280,000 instructor-led training (ILT) hours at the company’s corporate headquarters in Rochester, N.Y., and in 12 regional centers around the country, as well as 260,000 virtual training hours.
In addition, employees completed more than 73,000 self-study hours prior to ILT programs, 290,000 online module hours, and 89,000 manager-led training hours across 100-plus locations.
Only 21% of employees state that they are tracked by their employers with an employee monitoring software.
As a result of the global pandemic, the searches for employee monitoring software have spiked, which has led to businesses weighing the pros and cons of utilizing a software for tracking the productivity of their employees.Trust and morale are the top concerns with any employee monitoring software.
Merely 10% of the employees believe that their trust in their employer would be more if they were using an employee monitoring software.As per the latest Clutch report, there are both pros and cons involved with employee monitoring software.Pros –These software can be utilized by firms as an opportunity to demonstrate the good work of their employees.Organizations can prepare for their employees to become savvier about making appropriate use of their devices as younger people are making up more of the workforce.Cons –Organizations that are looking to introduce programs of employee monitoring to their staff must contend with their employees that are not so familiar with their work being tracked by a solution.Organizations must also consider the effects that an employee monitoring solution would have on the morale of the employees, since it gives screenshots of internet pages opened on the employees’ systems and how long they stay on them.Source – Clutch ReportFinal Word –Considering the aspects of employee monitoring software, the companies must carefully evaluate the advantages and disadvantages and must use it as a useful tool to not only hold the workers accountable but also to motivate them to produce.
However, at the same time, they also have to make sure that they do not make their employees uncomfortable and suspicious at work.For more such Updates follow us on Google News Hrtech News
