Our weekly round of deals, product announcements and other HR technology news.
ServiceNow launches Azimuth, an open-source software application that helps AI practitioners better understand their dataset and model predictions by conducting thorough dataset and error analysis. The application uses a variety of tools, including stability tests, semantic similarity analysis and salient maps, unified concepts such as smart tags and suggested actions. The most relevant Azimuth application will be a significant upgrade to ServiceNow’s Now Platform.
The Covid-19 pandemic disproportionate women workers, according to data from the ADP Research Institute, and as a result many have been slow to return to the workforce. In 2019, women made up 46% of the employee base but accounted for 53% of unemployment. Other reasons why their recovery and/or return to work are delayed is that women need to be social institutions compromised by the pandemic. They need to be health care providers, and step in as educators when the children in school are completely estranged.
Research looking the effects of working in VR have been determined to lead to more frustration and anxiety, and less productivity. Cornell University-sponsored thesis, titled “Evaluating the Effects of Working in VR for One Week,” compared 16 participants working in a virtual reality setup for five days (eight hours a day). ) in a physical work environment. Key findings: self-rated task load was significantly higher in VR (approximately 35%), as well as frustration (42%), negative impact (11%), anxiety (19%) and fatigue. eyes (48%).
Eighty -seven percent of people identified as LGBTQ+ said they conducted research on their company before applying to make sure the organizations were LGBTQ+ friendly, according to a Indeed survey. The result suggests that perceived inclusivity is a key factor in the application process for members of the LGBTQ+community. In addition, the survey suggests that progress is being made toward greater inclusiveness, making it safer for employees to bring their “true selves” to work.
Alight Solutions launched Alight Digital. This app-based solution will enable organizations to help employees meet their financial needs and improve financial well-being using a flexible payment strategy. The app includes two flexible payment options: The pay card, which offers an alternative to physical checks or direct deposits, and gets wage access that allows employees instant access to a portion of the their wages or salary before pay day.
Announced by Transfr VR $ 35 million in Series B funding as it expands into regions and industries severely affected by skills shortages and unemployment. The round was led by Lumos Capital Group. Nearly 300 organizations now use Transfr simulations as a platform for skills training and career exploration.
HiBob launched a redesign the Help Center, giving users the resources they need according to their role in the organization. Resources are modified to simplify navigation, and users can switch directly to the resources associated with them.
The lever launched the two new Dynamic Approval features as part of its spring release. The platform’s new offer approval functionality for job requests and postings can be configured to match the recruitment and hiring processes of customers. In addition, many offers can now be made.
Top Stories last Sunday
Velocity Global Raises $ 400 Million in Series B Funding
Velocity Global raised $ 400 million in a Series B round, raising the company’s valuation by seven orders from this period last year. Read more.
ServiceNow Adds Hitch to Provide More Practices Data
ServiceNow is acquiring Hitch Works in a deal that is expected to close in Q2 2022. The terms of the deal were not disclosed. Hitch uses AI tools to map people’s capabilities across projects. Upon acquisition, Hitch’s features will be made available across the ServiceNow platform. Read more.
SmartRecruiters Aims to Redefine Onboarding With This New Solution
SmartRecruiters, an enterprise recruitment software provider, has launched SmartOnboard, a native solution it says will deliver “a seamless onboarding experience” for newly hired employees. The new product enables HR teams to reduce the time required to give new workers a “simple, tailored” onboarding experience. Read more.
Podcast: The Technology Behind Performance Management
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