HR Talent Management Solutions - Wipro

Skillsoft Corporation (“Skillsoft” or the “Company”), a global leader in learning and talent management solutions, today announced that the U.S. Bankruptcy Court for the District of Delaware has confirmed the Company’s Plan of Reorganization.

The Company expects to successfully complete its financial restructuring process and emerge from Chapter 11 in the coming weeks with a right-sized capital structure, stronger balance sheet and significant additional liquidity.Upon emergence, the Company will reduce its total debt by approximately $1.5 billion, eliminating approximately $100 million in annual interest payments, and have approximately $50 million in liquidity and leverage of approximately 3.5x net debt-to-LTM EBITDA.

This comprehensive de-leveraging includes reducing first and second lien debt to $410 million from approximately $2.0 billion, with total net debt aggregating approximately $525 million.

Skillsoft’s financial restructuring and new financing will enable the Company to continue its focus on investing in new products, solutions and content to drive value for its customers and growth in the business.“We look forward to emerging as a stronger organization with a right-sized capital structure and significant financial flexibility, making us well-positioned to continue providing best-in-class digital learning and talent management solutions to thousands of customers around the world,” said John Frederick, Skillsoft’s Chief Administrative Officer.

The leadership team and I look forward to working closely with them as we continue expanding our suite of products, solutions and support resources and providing exceptional service to our customers.

I also want to thank our dedicated employees, who have been unwavering in their focus and commitment to serving our customers without interruption during this process, all while operating seamlessly through the COVID-19 pandemic.”Mr.

The human resource department is at the core of any organization; because it lay the foundation for their business.

It is a very challenging, time-consuming, and tedious task to execute human resource operations manually.

Small and medium-sized businesses in India can make the most out of implementing the right HR system in their operations.

The HR department manages sensitive confidential information about your organization and employees.

The human resource software which you choose should have the following features.

Employee Onboarding:  Businesses need to have an efficient, fast, and digitized onboarding process to have a positive impact; on the new hires.

Compensation refers to the reward given by a firm/business to its employees for their outstanding work or services in the form of bonuses or incentives.Compensation management software helps HR to manage their work easily.

It is very difficult for HR to analyze a large amount of data from a well-structured compensation plan.

Compensation management software reduces HR stress and allows the organization to plan & execute a compensation strategy.Here I' m going to highlights the top 10 most popular & best compensation management software for Business and Enterprises.CompportOracle HCM CloudWorkdayCommissionlyPeopleStreme RemunerationPaycaleCuroPeopleFactorsUltimate Software’s UltiProPayfactorsVisit https://www.business2community.com/human-resources/best-compensation-management-or-hr-softwares-in-2020-02268475 to read the complete article.

JGA HR Recruitment specialise in attracting the top 15% of HR talent for its clients.

Our 24/7/365 one-to-many digital approach to talent has changed. 

CerpassRx, a Texas-based pharmacy benefit management company, announced a partnership with GoodRx and the launch of the Employee Relief Program to assist businesses impacted by COVID-19.

CerpassRx and GoodRx understand that during these uncertain times businesses are looking to offer discounted healthcare options to their employees.

CerpassRx took this opportunity to team up with GoodRx to create an employer program that provides GoodRx Gold at no cost for 90 days, saving members up to 90% on their prescriptions and 1 free doctor experience using HeyDoctor.“Rather than sitting on the sidelines while our clients and other businesses lacked options, we decided to take action,” said Eric Yonkus, President and Chief Operating Officer of CerpassRx.

“We joined forces with our friends at GoodRx and created a solution that benefits employees now rather than later.”Beyond providing assistance to businesses, CerpassRx is offering a member experience that will allow members overall satisfaction with the pharmacy benefit.

Some of the specific highlights of the member experience that the CerpassRx Employee Relief Program offers are:Streamlined enrollment process that allows businesses to enroll a large population with ease.Using their membership card, enrolled members have access to over 1,000 prescriptions for under $10 that yields a savings of up to 90% at nationwide pharmacies.Easy to use website and mobile app for enrolled members to see their exact prescription at nearby pharmacies and to view prescription history to track medications.Detailed reporting that will show the value of the program.“We are always looking to build creative solutions that will bring a positive experience to our clients and members.

We are hoping that other healthcare companies will take note and follow our precedence as we blaze this trail within our industry to delivery meaningful cost containment solutions at a time when every American needs them.” said B. Greg Buscetto, Chief Executive Officer of CerpassRx.

To combat high employee turnover, small businesses are taking steps to boost employee retention through benefits.More than 163,000 U.S. businesses have closed since the beginning of the pandemic, according to the last Yelp Economic Average report.

Over 1,000 small business owners revealed a 20% uptick in turnover rates over the past 12 months, according to a new survey from Principal Financial Group.

Almost all believe the pandemic impacted the turnover.Benefits are one way to recruit and retain top talent, yet small businesses often avoid offering employee benefits due to the cost.

When considering employee benefits, small businesses rank affordability (50%) and their ability to attract and retain employees (42%) as most important, according to the Principal Financial Group survey.“It’s encouraging to hear from so many business owners who are taking the time to better understand why their employees are leaving so they can proactively address these concerns for current and prospective workers,” Mark West, national vice president of business solutions for Principal, said in a release.

“We’re committed to working with employers to ensure we have benefit offerings that are targeted to their employee needs, especially as they evolve in the wake of COVID-19.”More than half of the small business owners served by Principal say they want to reward their key employees with more benefits.

Seventy-four percent have a plan in place to add voluntary benefits and 59% plan to add qualified retirement plans, according to the Principal data.Financial wellness benefits and HR and legal services are also in demand among small businesses.

From off-the-shelf onboarding software to customized learning management systems, there is plenty of options available when it comes to human resources.Such software is used to automate primary HR responsibilities, but every organization's HR needs are unique, especially when hiring.

That said, there is a growing need for cloud-based and customizable and software solutions.

With that, let's take a look at the features the best HR management software offer when it comes to hiring:Automates existing processA good HR software maps the current processes, hierarchy, and requirements.

The software automates processes without disrupting the existing system.Zero hidden costsYour customized talent acquisition software comes to you with all the tweaks and quirks suited for your organization.

Instead of investing in an off-the-shelf product and then modifying it, a customized software comes to you with all costs paid for.BrandingA customized talent acquisition tool is built with your organization's logo, brand colors, and flavor.

The uniqueness of your software lets you have a tech-savvy and professional approach to interview processes.

Our Leadership Coaching Services provides unique Coaching Programs for Senior Executives, Managers and Leaders.

We support Learning and Development and HR departments in Talent Management and Development Programs for Corporates.

For more information visit us - https://coachjohncey.com/for-corporates/

When we talk about purchasing HR related software for our business, and then you’ll find a ton of software that is available in the market.

As there plethora of options available with you, it could be literally difficult for a business to choose one out of them based on the reliability, cost and simple interface.

In addition to this, so as to confuse more, you can find a wide variety of HR software that is used for different purposes like HRMS, Workforce Management, Talent Management, Labor Monitoring, and more.There are wide ranges of software available for multiple purposes - how feasible is it?According to BISP Trainings, each of the HR solutions is vital as each of them comes with different specialties.

But this fact can’t be denied as well that not all the business enterprises and organizations would be able to afford them.

Even if they’re able to afford it, it could turn out to be very tedious for the HR professional to run a number of software at a time and monitor them.

By doing this, the HR professional won’t be able to concentrate on the other main HR activities.How PeopleSoft Human Capital Management Software comes to the rescue?If we compare to the other software that are available in the market, PeopleSoft Human Capital Management allows the use to work on the multiple fronts, store HR data, and enhance business processes.