JobApp Unveils Bold New Look, Redesigned Website, Revised Product Lineup…from JobApp

May 5, 2012

 

If you are looking for a new Talent Management System, or any HR system, don’t rely solely on “recommendations” or published reports. Do yourself a huge favor and talk to HRchitect first. After 15 years, HRchitect has unparalleled knowledge of the HR and Talent Management vendor community and can save you time and money in selection and implementation. Simply put, do not invest in any kind of HR technology without consulting with the experts first. HRchitect is always available to help!

 

JobApp, the talent management solution that makes it easier and faster for companies to hire the best person for the right job, right now, has changed the game for how talent management companies represent themselves.

JobApp’s recently unveiled new website applies the bright, bold look and feel of classic graphic novels, and it features superheroes to engage site visitors. The new JobApp website also reveals a new, streamlined organization and nomenclature for the company’s products and services.

The new look and feel embodies and evokes how JobApp’s technology and services help companies quickly, seamlessly and cost-effectively find, assess, hire, onboard and engage the best person for the right job; eliminate HR paperwork; efficiently and confidently meet hiring compliance and tax credit concerns; and effortlessly employ performance management to determine a new employee’s best next move in the company.

“Since our inception, JobApp has been known as an industry leader and innovator, with our unique phone and online candidate-application systems, our at-a-glance five-star candidate rating system, and our seamless technology for streamlining and automating HR processes,” said Blake Helppie, JobApp CEO.

“Today,” Helppie said, “we’re upping the ante on all of that. We’re presenting a new way of representing talent management to the world — as being bold, heroic and powerful.”

“Just as life is for the companies we represent in myriad lines of business, the world of talent management is fast-paced, exciting and constantly moving,” Helppie said. “We wanted a new look and feel that would project that sense of speed, power and dexterity.”

The new organization of JobApp’s products and services more logically follows the HR processes of the employee life cycle. Most noticeably on the new site, a primary navigation window for Solutions includes second-level windows for Find, Hire,Manage, Training and The Salaried Solution.

For more information on JobApp, please visit www.jobappnetwork.com

To learn more about HRchitect and how we can help your organization, please visit www.HRchitect.com. HRchitect is the leader in HR systems strategic consulting.  As the premier Human Capital Management (HCM) and Talent Management Systems consulting firm, we offer end-to-end HR technology consulting services focused around strategic planning, evaluation/selection, project management and implementation of HR systems, Talent Management Systems, Talent Acquisition Systems, and Workforce Management software. After more than 15 years in business working on over 1800 successful engagements for more than 800 clients across the globe, HRchitect is a name you can trust as your one-stop shop for all your HR technology consulting needs.

 
Matt Lafata, HRchitect

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Retail Hiring Down in April; Partly a Result of Early Warm Weather Hiring in February…from Kronos

May 5, 2012

 

HRchitect includes Kronos in our list of top Talent Acquisition Systems that organizations should consider. If you are looking for a new Talent Management System, or any HR system, don’t rely solely on “recommendations” or published reports. Do yourself a huge favor and talk to HRchitect first. After 15 years, HRchitect has unparalleled knowledge of the HR and Talent Management vendor community and can save you time and money in selection and implementation. Simply put, do not invest in any kind of HR technology without consulting with the experts first. HRchitect is always available to help!

 

Kronos Incorporated today announced the May release of the Kronos® Retail Labor Index™, a family of metrics and indices that characterize the current state of the demand and supply sides of the labor market within the U.S. retail sector. The May report includes data for April 2012. The analysis and write-up are prepared by Macroeconomic Advisers LLC, and are available on the Kronos Retail Labor Index website.

News Facts

The Kronos Retail Labor Index: (This index is defined as the ratio of hires to applications within a given month, expressed as a percentage. A level of 3.0 percent means that for every 100 applications received, three hires occurred). The Kronos Retail Labor Index edged down to 3.8 percent in April from a March level that was revised three-tenths lower. Even with declines over the last two months, the Retail Labor Index remains above levels seen over the last few years, averaging 4.0 percent over the first four months of this year, up from 3.5 percent last year.

Retail Hiring Level: The retailers representing 18,362 distributed locations across the U.S. that make up the Kronosdata sample made 31,862 hires (seasonally adjusted) in April down from 33,209 in March. The two months of declining numbers followed a strong, nearly 11 percent gain in hires in February to the highest level since October 2008. The February reading may have been in part boosted by unseasonably mild winter weather. If the mild winter weather led firms to pull hires forward into February, this could explain some of the weakness seen in subsequent months.

Retail Applications Level: The number of applications received by retailers included in the Kronos sample rose 1.6 percent to 843,653 in April from an upwardly revised 830,668 in March, all on a seasonally adjusted basis. Even with the small gain, the level of applications in April was down roughly 145,500 from its level one year ago.

Retail 60-Day Retention Rate: The 60-day retention rate, measured as the number of hires who remain employed for at least the first 60 days divided by the total number of hires made in that month, rose to 84.0 percent (seasonally adjusted) in December 2011 from 83.0 percent in November 2011. (Note: There is a four-month lag on this indicator as two months are required to measure whether a hire remained employed for 60 days and Kronos customers have two months to return data on separations.)

Supporting Quotes

Chris Varvares, senior managing director and co-founder, Macroeconomic Advisers
“The Kronos Retail Labor Index edged down two-tenths to a still solid 3.8 percent in April, reflecting a moderate decline in hires and a small gain in applications. This was the second consecutive decline in hires, following a strong, nearly 11 percent gain in February. Hiring in February may have been boosted by the unseasonably warm weather experienced this winter, pulling some spring hires forward and helping to explain some of the subsequent declines in March and April. In addition, readings on retail sales and chain-store sales through March were strong and above expectations, suggesting business conditions for retail firms are improving. We look for the pace of hiring at retail firms to pick up in the coming months as this sector continues to strengthen.”

To learn more about Kronos, please visit www.kronos.com

To learn more about HRchitect and how we can help your organization, please visit www.HRchitect.com. HRchitect is the leader in HR systems strategic consulting.  As the premier Human Capital Management (HCM) and Talent Management Systems consulting firm, we offer end-to-end HR technology consulting services focused around strategic planning, evaluation/selection, project management and implementation of HR systems, Talent Management Systems, Talent Acquisition Systems, and Workforce Management software. After more than 15 years in business working on over 1800 successful engagements for more than 800 clients across the globe, HRchitect is a name you can trust as your one-stop shop for all your HR technology consulting needs.

 
Matt Lafata, HRchitect

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First Advantage Announces New Solution in Response to EEOC Guidance Update…from First Advantage

May 4, 2012

 

If you are looking for a new Talent Management System, or any HR system, don’t rely solely on “recommendations” or published reports. Do yourself a huge favor and talk to HRchitect first. After 15 years, HRchitect has unparalleled knowledge of the HR and Talent Management vendor community and can save you time and money in selection and implementation. Simply put, do not invest in any kind of HR technology without consulting with the experts first. HRchitect is always available to help!

 

First Advantage, a Symphony Technology Group (STG) company and a leading provider of talent acquisition and electronic data solutions, announced recently the successful implementation of e-signature capability for Work Opportunity Tax Credit (WOTC) screening, available the first day allowed by the Internal Revenue Service. First Advantage began proactively working to release this enhancement that allows applicants and employers to digitally sign 8850 forms since the Internal Revenue Service issued Notice 2012-13 in February. Since the beginning of March, First Advantage has successfully processed thousands of electronically signed 8850 forms and employer adoption is growing steadily.

“We have been strong advocates for the use of electronic signature and are excited to deliver an enhancement that will drive significant benefits for our customers,” stated Dan Filby, executive vice president and managing director of tax consulting at First Advantage. “It eliminates a number of time-consuming steps in the process to certify an employee’s WOTC credit eligibility as well as offering our customers cost savings by reducing shipping costs associated with hard copy forms. The overall benefit to employers will be substantial, and we are thrilled to have been able to deliver it to our clients on the first day.”

For the past 10 years, thousands of companies have relied on First Advantage’s extensive expertise in navigating the tax credit landscape and providing significant opportunities for employers to positively affect their communities as well as their own bottom line.

For more information on First Advantage, please visit www.fadv.com

To learn more about HRchitect and how we can help your organization, please visit www.HRchitect.com. HRchitect is the leader in HR systems strategic consulting.  As the premier Human Capital Management (HCM) and Talent Management Systems consulting firm, we offer end-to-end HR technology consulting services focused around strategic planning, evaluation/selection, project management and implementation of HR systems, Talent Management Systems, Talent Acquisition Systems, and Workforce Management software. After more than 15 years in business working on over 1800 successful engagements for more than 800 clients across the globe, HRchitect is a name you can trust as your one-stop shop for all your HR technology consulting needs.

 
Matt Lafata, HRchitect

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Peoplefluent Makes Leadership Investment in Socialtext…from Peoplefluent

May 1, 2012

 

Combined Social Talent Management Platform Empowers HR to Transform Business Processes into Enterprise Enlightenment

 

HRchitect includes Peoplefluent in our list of top Talent Acquisition Systems vendors and top Talent Management Systems vendors that businesses should consider. If you are looking for a new Talent Management System, or any HR system, don’t rely solely on “recommendations” or published reports. Do yourself a huge favor and talk to HRchitect first. After 15 years, HRchitect has unparalleled knowledge of the HR and Talent Management vendor community and can save you time and money in selection and implementation. Simply put, do not invest in any kind of HR technology without consulting with the experts first. HRchitect is always available to help!

 

Peoplefluent™, offering a unique combination of best-of-breed social, mobile and cloud-based suite solutions for Talent Management, Vendor Management and Workforce Compliance and Diversity, today announced a strategic investment in Socialtext™, a leading enterprise social software provider.  With this strategic investment, Peoplefluent, a Bedford Funding portfolio company, is dramatically reshaping the impact and value of Talent Management within organizations.  The combined technologies of Peoplefluent and Socialtext deliver powerful enterprise collaboration capabilities and a broad new spectrum of employee engagement initiatives to customers.

“In today’s fast-paced collaborative corporate environments, where informed and timely decisions have a meaningful impact on efficiency and profitability, social platforms lead the way.  Together, Peoplefluent and Socialtext bring an organization’s best minds and solutions to the forefront with digitized social environments and, for the first time, enable clients to share experiences, knowledge and innovations among themselves,” said Charles S. Jones, Chairman and CEO of Peoplefluent.  “We are changing the landscape of Talent Management with an unmatched knowledge transfer platform that is not simply about shared information and data, but about the true exchange and acquisition of deep collaborative corporate wisdom.  It is the next generation of decision-making on the move.”

“At the recent IDC Directions Conference, I presented that social business would be one of the most important growth areas for human capital management over the next few years,” said Lisa Rowan, IDC Program Director, HR, Learning and Talent Strategies.  “Socialtext’s capabilities will complement Peoplefluent’s other innovative initiatives, including their mobile application suite, gamification and workforce planning and analysis, to offer customers next generation HCM software capabilities in addition to their best-of-breed Talent Management suite.”

Through social communities of aligned interests and goals, Peoplefluent will now help corporations share knowledge, experiences and ideas to inform the best thinking inside their organizations and, as important, across the ecosystems in which individual businesses operate.  The thought leadership shared among organizations, industry luminaries, Peoplefluent experts and its large Fortune 100 customer base, enabled by the Socialtext platform, delivers collective and continuously improved business acumen and outcomes across the extended enterprise.  Today’s news further defines the leadership role of Human Resources in transforming individual knowledge into corporate wisdom to inspire innovation and to accelerate leadership for organizations around the world.

Mr. Jones continued, “We are dramatically changing the opportunity for HR within the organization by providing the underlying technology to migrate from business process to enterprise enlightenment.  Knowledge fuels action.  We intend to help businesses extract and cultivate valuable and transformative thinking by engaging and uniting their employees with a next generation social collaboration platform.  In this new world, any individual, at any level, has the ability to have a profound impact – and the outcome of this collective and collaborative  inspiration will change the way organizations grow and innovate from this point forward.  Today, we are helping HR transform their businesses by inspiring emotional connections between people and the work they do and the organization for which they do it.”

Over the last year, Peoplefluent’s investment, development and innovation strategies have been squarely focused on building solutions to foster employee engagement across the enterprise.  Today’s integration of the industry’s leading Talent Management solutions and workforce analytics with advanced collaboration and social technologies transforms organizations to Engage, Enlighten and Enable their workforces around the world.  With deployment of Socialtext technology within the Peoplefluent business, the Company advances its opportunities and methodologies in customer support, service, education and ongoing dialog and connection.  The new social infrastructure offers Peoplefluent customers a powerful collaboration environment and real-time access to information throughout the implementation and support processes, and it offers Peoplelfuent’s internal team collaborative wisdom in their selling, marketing and product development endeavors.

Through proven technology that has earned breakthrough user adoption rates, Socialtext delivers a broad range of applications that make existing enterprise software intrinsically more social.  This social layer brings social networking tools, microblogging capabilities, dashboards, social profiles, private and public workspaces and wikis, among a range of features, to multiple organizations, staff levels and functions, as well as to prospects, clients and customers, serving to break down traditional organizational hierarchies and foster collaboration.  This prolific, familiar and easy-to-use social platform fuels best ideas and innovation through social collaboration that meets employees in their own user environments, whether that is on their smart phones or on their desktop, in an airplane or in a conference room.  With this news, Peoplefluent introduces an embedded social layer that extends far beyond Talent Management processes to engage the entire workforce and extended enterprise in every aspect of an enterprise’s workflow – - in a secure, cloud-based Open or Closed environment, satisfying the security needs of any enterprise.

Socialtext will continue to serve and expand its customer base under the current company brand.  Peoplefluent, which has already deployed Socialtext technology within its own organization, will provide its customers with a standalone social platform and will also deliver every product within its existing suite optimized with embedded and integrated social capabilities.

Based in Palo Alto, California, Socialtext provides a meaningful west coast presence to further support Peoplefluent’s global business.  To expedite integration and knowledge transfer and to expand customer service, support and implementation efforts, key Peoplefluent technology and customer-facing employees will transfer immediately to the California location.  Eugene Lee will remain as Chief Executive Officer of Socialtext, reporting to Mr. Jones.

To learn more about Peoplefluent, please visit www.peoplefluent.com

To learn more about HRchitect and how we can help your organization, please visit www.HRchitect.com. HRchitect is the leader in HR systems strategic consulting.  As the premier Human Capital Management (HCM) and Talent Management Systems consulting firm, we offer end-to-end HR technology consulting services focused around strategic planning, evaluation/selection, project management and implementation of HR systems, Talent Management Systems, Talent Acquisition Systems, and Workforce Management software. After more than 15 years in business working on over 1800 successful engagements for more than 800 clients across the globe, HRchitect is a name you can trust as your one-stop shop for all your HR technology consulting needs.

 
Matt Lafata, HRchitect

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SourceRight Solutions and Randstad Managed Services Change Names to Randstad Sourceright…from Randstad Sourceright

May 1, 2012

 

New Identity Reflects Company’s Global Influence as Leading Provider of RPO, MSP, Blended Workforce and Contingent Workforce Solutions

 

If you are looking for a new Talent Management System, or any HR system, don’t rely solely on “recommendations” or published reports. Do yourself a huge favor and talk to HRchitect first. After 15 years, HRchitect has unparalleled knowledge of the HR and Talent Management vendor community and can save you time and money in selection and implementation. Simply put, do not invest in any kind of HR technology without consulting with the experts first. HRchitect is always available to help!

 

SourceRight Solutions and Randstad Managed Services announced today that their companies have changed their names to Randstad Sourceright to reflect their operations as one single company. The identity reflects Randstad Sourceright’s position as one global organization drawing on its deep talent solutions experience, global reach and extensive resources to drive value as a strategic talent partner to companies around the world.

Randstad Sourceright’s expertise spans all facets of talent acquisition, including employee talent acquisition, as well as the management of free-agent workers and the contingent workforce supply chain.  As more companies break down the barriers between employee talent acquisition and contingent workforce engagement, they need a unified and coordinated method across all talent operations. Through its extensive capabilities, including Recruitment Process Outsourcing (RPO), Managed Services Provider (MSP) solutions, Contingent Workforce Services and Blended Workforce solutions, Randstad Sourceright provides the resources and expertise to meet these needs.  Applying expertise and broad capability, Randstad Sourceright acts as a strategic talent advisor to its clients, helping them align their talent strategy with business outcomes by managing talent acquisition across the entire workforce.

A key strength in today’s RPO and MSP market is a global capability. The rapid increase of RPO and MSP adoption in EMEA, combined with economic growth in APAC, has created a significant increase in demand for a high-quality solutions partner. In the global business environment, an effective solutions provider partner must have the broad capability to accommodate local needs while delivering global governance.  With offices in 43 countries, 30,000 employees, and over 4,500 locations, Randstad is a leader in its industry. Randstad Sourceright applies Randstad’s extensive operational footprint to deliver truly global RPO and MSP solutions, providing both local capability and global governance, and driving business success for clients around the world.

“Our clients trust us to provide the resources, knowledge and capability to keep them ahead in all facets of talent acquisition,” said Rebecca Callahan, president of RPO Solutions at Randstad Sourceright. “As Randstad Sourceright, we are committed to delivering that strategic capability, while continuously improving our service offerings and applying innovation to help our customers align talent acquisition and business goals.”

“The ability to manage the complexities of both the variable and fixed workforce is crucial to the success of our clients,” said Teresa Creech, president of MSP Solutions at Randstad Sourceright. “While we are proud of the world-class services and solutions we provide, we also understand the importance of a talent advisor relationship in driving strategic value for our clients.  As Randstad Sourceright, we will continue in the role that clients have come to expect from us—as market experts with the resources and experience to help them drive business success.”

Reflecting the name change, the company can now be found online under a new web site at http://www.randstadsourceright.com/

To learn more about HRchitect and how we can help your organization, please visit www.HRchitect.com. HRchitect is the leader in HR systems strategic consulting.  As the premier Human Capital Management (HCM) and Talent Management Systems consulting firm, we offer end-to-end HR technology consulting services focused around strategic planning, evaluation/selection, project management and implementation of HR systems, Talent Management Systems, Talent Acquisition Systems, and Workforce Management software. After more than 15 years in business working on over 1800 successful engagements for more than 800 clients across the globe, HRchitect is a name you can trust as your one-stop shop for all your HR technology consulting needs.

 
Matt Lafata, HRchitect

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SilkRoad Technology Named Finalist for 2012 Illinois Technology Association CityLIGHTS Award…from SilkRoad Technology

April 29, 2012

 

13th Annual CityLIGHTS Awards honor top performers in technology whose innovation and success drive growth in Illinois

 

HRchitect featured SilkRoad in our release of The Suite Life of Integrated Talent Management and also includes them in our list of top Talent Acquisition Systems vendors that businesses should consider. SilkRoad competed in the HRchitect Beauty Pageant on Onboarding Systems in January 2009, and the HRchitect IRONMAN on Mid-Marketing Talent Acquisition Systems on June18, 2010, where they were crowned the winner of each. Brian Platz, EVP and COO of SilkRoad also appeared on the HRchitect WebMingle on March 20, 2009. Finally, HRchitect attended the SilkRoad user conference, SilkRoad Connections, in May 2010 and May 2011.

If you are looking for a new Talent Management System, or any HR system, don’t rely solely on “recommendations” or published reports. Do yourself a huge favor and talk to HRchitect first. After 15 years, HRchitect has unparalleled knowledge of the HR and Talent Management vendor community and can save you time and money in selection and implementation. Simply put, do not invest in any kind of HR technology without consulting with the experts first. HRchitect is always available to help!

 

SilkRoad technology, inc., a leading provider of social talent management solutions, has been named a finalist in the 2012 Illinois Technology Association (ITA) CityLIGHTS Awards in the Rising Star category. In this category, SilkRoad has been recognized for its innovation in products and business approach, which has led to its growth as a leading competitor in the Human Capital Management (HCM) marketplace.

As the only cloud-based HCM provider of a full suite of talent management solutions, SilkRoad expects rapid growth in 2012. SilkRoad was founded on the idea that companies can build a self-motivating culture by empowering employees with the tools needed to drive their own careers and work relationships. In 2011, as the Human Capital Management market continued to accelerate, SilkRoad expanded its global footprint with additional offices in London, France and Japan; deployed HRMS solution, SilkRoad HeartBeat, to a record number of new customers; announced a revolutionary new social matrix solution, SilkRoad Point; and welcomed almost 400 new customers.

“The talent management marketplace is the next battleground for competitiveness,” said Flip Filipowski, executive chairman and CEO of SilkRoad technology. “The recent acquisitions of cloud-based talent management providers by the SAPs and Oracles of the world prove this, and we are proud at SilkRoad to be continuing down a path of innovation. By enhancing and building upon our award-winning product suite with platforms like Point, we will continue to grow our footprint in Illinois, nationally and globally.”

The ITA received a record-setting number of nominations this year, with the ITA’s panel of judges selecting the top entries in each of nine award categories. Public voting is online now through April 25. Winners are determined by a blended score based equally on public voting and the judges’ panel in all categories except the CityLIGHTS award, which is selected by the ITA Board of Directors, and will be announced at the CityLIGHTS Awards Gala on Thursday, May 10, 2012.

“It was no easy feat for the judges to determine the finalists for each award,” said ITA CEO Fred Hoch. “The past 12 months have been a time of unprecedented growth, accomplishments and innovation in Illinois, and this energy is reflected in the quantity and quality of CityLIGHTS awards nominees.”

For more information on SilkRoad Technology, please visit www.silkroad.com

To learn more about HRchitect and how we can help your organization, please visit www.HRchitect.com. HRchitect is the leader in HR systems strategic consulting.  As the premier Human Capital Management (HCM) and Talent Management Systems consulting firm, we offer end-to-end HR technology consulting services focused around strategic planning, evaluation/selection, project management and implementation of HR systems, Talent Management Systems, Talent Acquisition Systems, and Workforce Management software. After more than 15 years in business working on over 1800 successful engagements for more than 800 clients across the globe, HRchitect is a name you can trust as your one-stop shop for all your HR technology consulting needs.

 
Matt Lafata, HRchitect

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NuView Systems, Inc. Named the Recipient of the 2012 IHRIM Partners Award…from NuView Systems

April 28, 2012

NuView Will Also Speak on Global HR Technology at the HRMS Strategies Conference and Expo

 

HRchitect includes NuView in our list of top HRIS vendors that organizations should consider. If you are looking for a new Talent Management System, or any HR system, don’t rely solely on “recommendations” or published reports. Do yourself a huge favor and talk to HRchitect first. After 15 years, HRchitect has unparalleled knowledge of the HR and Talent Management vendor community and can save you time and money in selection and implementation. Simply put, do not invest in any kind of HR technology without consulting with the experts first. HRchitect is always available to help!

NuView Systems, Inc., a global provider of Human Capital Management (HR) & Payroll solutions, announced recently the company was named the recipient of the 2012 IHRIM Partners Award — an honor presented to organizations which have made significant contributions to the practice of HRIM and/or in support of the mission and goals of the Association.

“We are thrilled to receive this honor, and are pleased to be recognized as a long term supporter of IHRIM as well as a contributor to IHRIM in various capacities,” said Shafiq Lokhandwala, CEO and Founder of NuView Systems, Inc. “We are particularly pleased to be chosen for this award in the light of the upcoming IHRIM HRMS Strategies Conference and Technology Expo where we have been regularly exhibiting and speaking.”

NuView Systems will be honored with the 2012 Partners Award at the HRMS Strategies Opening General Session on May 1 in Chicago where the Conference is being held April 30 – May 3, 2012 at the Hilton Chicago. NuView Systems will be exhibiting in the Exhibition Hall at Booth #1002.

Shafiq Lokhandwala, along with Richard Pummell, VP of Professional Service Operations at NuView Systems, will be giving a presentation for IHRIM attendees titled “Aligning the Global Organization Through HR Technology” on Wednesday, May 2nd at 1:30 pm.

For more information on NuView, please visit www.nuviewinc.com

To learn more about HRchitect and how we can help your organization, please visit www.HRchitect.com. HRchitect is the leader in HR systems strategic consulting.  As the premier Human Capital Management (HCM) and Talent Management Systems consulting firm, we offer end-to-end HR technology consulting services focused around strategic planning, evaluation/selection, project management and implementation of HR systems, Talent Management Systems, Talent Acquisition Systems, and Workforce Management software. After more than 15 years in business working on over 1800 successful engagements for more than 800 clients across the globe, HRchitect is a name you can trust as your one-stop shop for all your HR technology consulting needs.
Matt Lafata, HRchitect

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Ultimate Reports Q1 2012 Financial Results…from Ultimate Software

April 24, 2012

 

  • Record Recurring Revenues of $60.9 Million, Up by 22%
  • Record Total Revenues of $78.3 Million, Up by 21%

 

HRchitect includes Ultimate Software in our list of top HRIS vendors that organizations should consider. If you are looking for a new Talent Management System, or any HR system, don’t rely solely on “recommendations” or published reports. Do yourself a huge favor and talk to HRchitect first. After 15 years, HRchitect has unparalleled knowledge of the HR and Talent Management vendor community and can save you time and money in selection and implementation. Simply put, do not invest in any kind of HR technology without consulting with the experts first. HRchitect is always available to help!

 

Ultimate Software (Nasdaq:ULTI), a leading cloud provider of people management solutions, announced today its financial results for the first quarter of 2012. For the quarter ended March 31, 2012, Ultimate reported recurring revenues of $60.9 million, a 22% increase, and total revenues of $78.3 million, a 21% increase, both compared with 2011’s first quarter. GAAP net income for the first quarter of 2012 was $1.0 million, or $0.04 per diluted share, versus GAAP net income of $0.3 million, or $0.01 per diluted share, for the first quarter of 2011.

Non-GAAP net income, which excludes stock-based compensation and amortization of acquired intangible assets, was $3.7 million, or $0.13 per diluted share, for the first quarter of 2012 compared with non-GAAP net income of $2.8 million, or $0.10 per diluted share, for the first quarter of 2011. See “Use of Non-GAAP Financial Information” below.

“We had a strong first quarter for 2012 across all our key areas. Sales, activation of new customers, and recurring revenues all exceeded our expectations. This performance gives us momentum and better visibility into our full-year 2012 results while keeping us solidly on track for achieving our 2013 goals,” said Scott Scherr, CEO, president, and founder of Ultimate. “Our new Enterprise and Workplace customers continued the trend of attaching talent management products, such as our Recruitment, Onboarding, Performance Management, and Time Management, to their core purchases in significant numbers, indicating that the HR market remains motivated by a desire to unify HCM processes under one umbrella.

“We had our most successful Connections customer conference ever at the end of March this year. More than 1,200 people attended to learn about Ultimate’s strategic roadmap, industry best practices, and technology trends and to share ideas while networking with peers, analysts, and Ultimate leaders. Ninety-six percent of those who completed our satisfaction survey rated the conference as ‘excellent’ or ‘good’.”

Financial Highlights

  • Recurring revenues grew by 22% for the first quarter of 2012 compared with 2011’s first quarter. The increase was primarily attributable to revenue growth from our Software-as-a-Service (“SaaS”) offering. Recurring revenues for the first quarter of 2012 were 78% of total revenues as compared with 77% of total revenues for the same period of last year.
  • The operating income (or operating margin), on a non-GAAP basis, for the first quarter of 2012 was $6.4 million, or 8.2%, as compared with $4.9 million, or 7.6%, for the same period last year.
  • Ultimate’s annualized retention rate was 96% for its existing recurring revenue customer base as of March 31, 2012.
  • The combination of cash, cash equivalents, and marketable securities was $67.0 million as of March 31, 2012, compared with $55.3 million as of December 31, 2011. Cash flows from operating activities for the quarter ended March 31, 2012 were $14.5 million, compared with $8.8 million for the same period last year.
  • Days sales outstanding were 59 days at March 31, 2012, representing a reduction of twelve days compared with days sales      outstanding at December 31, 2011.

Financial Outlook

2012 Financial Guidance:

Ultimate provides the following financial guidance for the second quarter ending June 30, 2012, and full year 2012:

For the second quarter of 2012:

  • Recurring revenues of approximately $64.0 million,
  • Total revenues of approximately $79.0 million, and
  • Operating margin, on a non-GAAP basis (discussed below), of approximately 10%.

For the year 2012:

  • Recurring revenues to increase by approximately 25% over 2011,
  • Total revenues to increase by approximately 23% over 2011, and
  • Operating margin, on a non-GAAP basis (discussed below), of approximately 15%.

Operating margin expectations were determined on a non-GAAP basis using the methodologies identified under the caption “Use of Non-GAAP Financial Information” in this press release. Non-cash equity-based compensation expense for 2012 is expected to be approximately $20.0 million.

For more information on Ultimate Software, please visit www.ultimatesoftware.com

To learn more about HRchitect and how we can help your organization, please visit www.HRchitect.com. HRchitect is the leader in HR systems strategic consulting.  As the premier Human Capital Management (HCM) and Talent Management Systems consulting firm, we offer end-to-end HR technology consulting services focused around strategic planning, evaluation/selection, project management and implementation of HR systems, Talent Management Systems, Talent Acquisition Systems, and Workforce Management software. After more than 15 years in business working on over 1800 successful engagements for more than 800 clients across the globe, HRchitect is a name you can trust as your one-stop shop for all your HR technology consulting needs.

 
Matt Lafata, HRchitect

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Workday Named #1 Best Place to Work in the Bay Area…by Workday

April 24, 2012

 

If you are looking for a new Talent Management System, or any HR system, don’t rely solely on “recommendations” or published reports. Do yourself a huge favor and talk to HRchitect first. After 15 years, HRchitect has unparalleled knowledge of the HR and Talent Management vendor community and can save you time and money in selection and implementation. Simply put, do not invest in any kind of HR technology without consulting with the experts first. HRchitect is always available to help!

 

Workday, Inc., the leader in SaaS-based enterprise solutions for global human resources (HR), payroll, and financial management, today announced that the San Francisco Business Times and theSilicon Valley / San Jose Business Journal ranked Workday #1 for large companies on its annual list of Best Places to Work in the Bay Area. This is the fifth consecutive year Workday has received recognition on the list.

Employees from more than 250 Bay Area companies participated in an independent, third-party survey, ranking their companies on topics including team effectiveness, alignment of goals, trust with coworkers, individual contribution, manager effectiveness, trust in senior leaders, feeling valued, work engagement, and people practices.

Founded by Workday Co-CEOs Dave Duffield and Aneel Bhusri in 2005, Workday now has more than 1,200 employees and 280 customers. Workday plans to hire more than 600 employees in 2012.

“We’ve grown our team and business substantially over the last year, and our ability to continue to live our core values and reinforce a culture where employees love what they do is our most important focus,” said Dave Duffield, Workday co-founder and co-CEO. “Being recognized as a best place to work is significant, because it’s the employees who decide, and they are the people who make the difference in our business every single day.”

To learn more about Workday, please visit www.workday.com

To learn more about HRchitect and how we can help your organization, please visit www.HRchitect.com. HRchitect is the leader in HR systems strategic consulting.  As the premier Human Capital Management (HCM) and Talent Management Systems consulting firm, we offer end-to-end HR technology consulting services focused around strategic planning, evaluation/selection, project management and implementation of HR systems, Talent Management Systems, Talent Acquisition Systems, and Workforce Management software. After more than 15 years in business working on over 1800 successful engagements for more than 800 clients across the globe, HRchitect is a name you can trust as your one-stop shop for all your HR technology consulting needs.

 
Matt Lafata, HRchitect

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Kronos Retail Labor Index Shows Fewer People Applying for Retail Jobs…from Kronos

April 6, 2012

 

HRchitect includes Kronos in our list of top Talent Acquisition Systems that organizations should consider. If you are looking for a new Talent Management System, or any HR system, don’t rely solely on “recommendations” or published reports. Do yourself a huge favor and talk to HRchitect first. After 15 years, HRchitect has unparalleled knowledge of the HR and Talent Management vendor community and can save you time and money in selection and implementation. Simply put, do not invest in any kind of HR technology without consulting with the experts first. HRchitect is always available to help!

 

Kronos Incorporated today announced the April release of the Kronos® Retail Labor Index™, a family of metrics and indices that characterize the current state of the demand and supply sides of the labor market within the U.S. retail sector. The April report includes data for March 2012. The analysis and write-up are prepared by Macroeconomic Advisers LLC, and are available on the Kronos Retail Labor Index website.

News Facts

The Kronos Retail Labor Index: (This index is defined as the ratio of hires to applications within a given month, expressed as a percentage. A level of 3.0 percent means that for every 100 applications received, three hires occurred). The Kronos Retail Labor Index was down slightly in March to a still solid 4.3 percent. This was the second consecutive reading above 4.0 percent and only the third reading of 4.0 or higher since October 2008.

Retail Hiring Level: The retailers representing 18,362 distributed locations across the U.S. that make up the Kronos data sample made 33,684 hires (seasonally adjusted) in March 2012, down 11.6 percent from February. While the level of hires in March was below the recent pace of hires (roughly 35,000 over the last six months), it was broadly consistent with the 2011 average and remains above levels seen in 2009 and 2010.

Retail Applications Level: The number of applications received by retailers included in the Kronos sample fell 10.0 percent to 784,941 in March 2012 from an upwardly revised 872,341 in February 2012, all on a seasonally adjusted basis. The level of applications in March was down nearly 250,000 from its level one year ago, when applications reached a near record high. Applications have been trending downward since the second half of last year, and the sharp decline in March brought them to their lowest level since September 2007, just prior to the onset of the recession.

Retail 60-Day Retention Rate: The 60-day retention rate, measured as the number of hires who remain employed for at least the first 60 days divided by the total number of hires made in that month, rose to 83.7 percent (seasonally adjusted) in November 2011 from 82.2 in October 2011.  (Note: There is a four-month lag on this indicator as two months are required to measure whether a hire remained employed for 60 days and Kronos customers have two months to return data on separations.)

Supporting Quotes

Chris Varvares, senior managing director and co-founder, Macroeconomic Advisers
“The Kronos Retail Labor Index edged down one-tenth to a still solid 4.3 percent in March, reflecting sharp declines in both hires made and applications received. However, the decline in hires this month followed a strong increase in February to the highest level since October 2008. The strength in February hiring may have contributed to the March drop in applications, as job seekers who found employment did not apply for additional positions in March. In addition, with overall labor market conditions  improving, potential applicants are likely seeking job opportunities in sectors outside of retail, consistent with the recent declining trend in applications for retail positions.”

To learn more about Kronos, please visit www.kronos.com

To learn more about HRchitect’s expertise in HR technology strategy, selection and implementation services, please visit www.HRchitect.com

 
Matt Lafata, HRchitect

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SikRoad Technology Reveals Recruiting Source Effectiveness in New Report…from SilkRoad Technology

April 6, 2012

 

Hard Data Uncovers Top Sources of Interview and Hire, Provides Talent Acquisition Professionals with Recruitment Marketing Strategy

 

HRchitect featured SilkRoad in our release of The Suite Life of Integrated Talent Management and also includes them in our list of top Talent Acquisition Systems vendors that businesses should consider. SilkRoad competed in the HRchitect Beauty Pageant on Onboarding Systems in January 2009, and the HRchitect IRONMAN on Mid-Marketing Talent Acquisition Systems on June18, 2010, where they were crowned the winner of each. Brian Platz, EVP and COO of SilkRoad also appeared on the HRchitect WebMingle on March 20, 2009. Finally, HRchitect attended the SilkRoad user conference, SilkRoad Connections, in May 2010 and May 2011.

If you are looking for a new Talent Management System, or any HR system, don’t rely solely on “recommendations” or published reports. Do yourself a huge favor and talk to HRchitect first. After 15 years, HRchitect has unparalleled knowledge of the HR and Talent Management vendor community and can save you time and money in selection and implementation. Simply put, do not invest in any kind of HR technology without consulting with the experts first. HRchitect is always available to help!

 

SilkRoad technology, inc., a leading provider of social talent management solutions, today released its applicant tracking data that revealed the top sources of hire in a report, Recruiting Marketing Effectiveness: Meaningful Metrics Straight from the Source.  Using automated data from SilkRoad’s OpenHire, its applicant tracking system (ATS), SilkRoad aggregated information from more than 700 of its customers.

“The goal of this research is to help companies reveal new ways for their Organizations to better optimize recruitment advertising budgets, and discover new sources of hire that other companies are successfully utilizing,” said Thomas Boyle, director of product marketing, SilkRoad technology.  “The information in this report will aid HR in becoming more savvy and strategic in its recruitment marketing.”

With millions of dollars in job advertising spend annually, talent acquisition professionals need access to factual information on the most effective sources of recruitment marketing to build strategies that will attract top talent and convert it into hires.  This report provides insights into how forward-looking organizations focused on attracting the right candidates can strategically spend recruitment dollars to maximize return on investment.  In Recruiting Marketing Effectiveness: Meaningful Metrics Straight from the Source, the most significant findings were:

  • Of external sources, 94 percent of interviews and 86 percent of hires came from online sources
  • External and internal sources result in about the same share of interviews (43.5 and 46.7 percent, respectively)
  • 63 percent of hires came from internal sources, which were more than twice the share of external sources (27 percent)
  • 15.6 percent of interviews and 11.6 percent of hires, among internal and external online sources, come from company career sites
  • 36 percent of all external interviews and almost 34 percent of all external hires came from job search engines, proving far more effective than job boards
  • Indeed is the leading external source of hires, providing 72 percent more hires than the next largest source.
  • In six of seven job categories, internal sources were more likely than others to deliver the largest share of both interviews and hires in every sector (Healthcare, Financial Services, Customer Service, Administrative Services, Sales, Engineering and IT)

Combined, the data in the report gave insight into 222,308 job postings, 9.3 million applicants and 94,155 hires during the year of 2011.  To learn more about the top 10 online recruitment marketing sources,download the full report here.

For more information on SilkRoad Technology, please visit www.silkroad.com

To learn more about HRchitect’s expertise in HR technology strategy, selection and implementation services, and how HRchitect can help your organization, please visit www.HRchitect.com

 
Matt Lafata, HRchitect

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iCIMS Reports Record Q1 Results…from iCIMS

April 5, 2012

 

Fresh off growth equity transaction, SaaS HR solution provider significantly grows client base and staff; accelerates investment in product development

 

HRchitect featured iCIMS in our release of The Suite Life of Integrated Talent Management and also includes them in our list of top Talent Acquisition Systems vendors that businesses should consider. Adam Feigenbaum and Susan Vitale from iCIMS previously appeared on the HRchitect WebMingle.

If you are looking for a new Talent Management System, or any HR system, don’t rely solely on “recommendations” or published reports. Do yourself a huge favor and talk to HRchitect first. After 15 years, HRchitect has unparalleled knowledge of the HR and Talent Management vendor community and can save you time and money in selection and implementation. Simply put, do not invest in any kind of HR technology without consulting with the experts first. HRchitect is always available to help!

 

iCIMS, a leading provider of Software-as-a-Service (SaaS) talent acquisition software solutions for growing businesses, released its Q1 results, reporting major client growth in small business and mid-market segments. This growth is indicative of the expansion forecasted in early 2012 when the company announced that it secured a minority investment from Susquehanna Growth Equity, LLC.

New subscriptions grew by more than 100% versus Q1 2011, with particular strength in new customer acquisitions in the healthcare, energy, and retail verticals. Results compared with Q1 2011 metrics are as follows:

• A 71% increase in healthcare clients signed
• A four-fold increase in energy clients signed
• Double the number of retail customers signed

Some top names among iCIMS’ new clients include:  Hooters of America, LLC, Therapeutic Alternatives, TAS Energy Inc., and Sunbelt Rentals, Inc. Another noteworthy achievement was marked by a 55% increase in new small business customer acquisitions and a 50% gain in mid-market clients as compared to 2011.

To accommodate the needs of iCIMS’ growing client base, in Q1 iCIMS released version 11.3 of its flagship product, the Talent Platform. This new release features Social Apply and Social Resume, which allow candidates to apply for positions using their social media profiles and enables recruiters to view candidates’ dynamic resume details within the applicant tracking solution.  When paired with iCIMS’ Social Recruit technology, clients can easily post jobs to hundreds of social media outlets with a click of a button.  Additionally, iCIMS rolled out a newly integrated I-9 and E-Verify solution for clients leveraging its Onboard product. The technology powers automated and paperless preparation, signing, management, auditing, and storage of I-9s forms, as well as automatic E-Verify submission.

To support its aggressive growth trajectory, the company plans to invest further in marketing, product development, and personnel. In Q1 alone, iCIMS filled more than 30 positions, a 60% increase from Q1 2011 and a 14% increase from the staff count in Q4 2011. The new hires are concentrated in the company’s technology, marketing, and account management departments. To accommodate current and future staff as well as the organization’s expected growth plans, iCIMS relocated the corporate headquarters to a larger, “Class A” facility in nearby Matawan, NJ in March.

“The impressive stats that we have attained in quarter one are not just great start to the New Year, but are also an amazing introduction to our new home here in Matawan,” said Colin Day, Chief Executive Officer, iCIMS, Inc. “The competitive landscape has changed, but our results this quarter illustrate clients’ continued interest in easy-to-use, best-of-breed Talent Acquisition software that is backed by a commitment to an excellent customer experience. With a start like this, we’re optimistic this will be iCIMS’ best year yet,” Day concluded.

For more information on iCIMS, please visit www.icims.com

To learn more about HRchitect’s expertise in HR technology strategy, selection and implementation services, and how HRchitect can help your organization, please visit www.HRchitect.com

 
Matt Lafata, HRchitect

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First Advantage Implements E-Signature for WOTC Screening…from First Advantage

April 5, 2012

 

If you are looking for a new Talent Management System, or any HR system, don’t rely solely on “recommendations” or published reports. Do yourself a huge favor and talk to HRchitect first. After 14 years, HRchitect has unparalleled knowledge of the HR and Talent Management vendor community and can save you time and money in selection and implementation. Simply put, do not invest in any kind of HR technology without consulting with the experts first. HRchitect is always available to help!

 

First Advantage, a Symphony Technology Group (STG) company and a leading provider of talent acquisition and electronic data solutions, announced recently the successful implementation of e-signature capability for Work Opportunity Tax Credit (WOTC) screening, available the first day allowed by the Internal Revenue Service. First Advantage began proactively working to release this enhancement that allows applicants and employers to digitally sign 8850 forms since the Internal Revenue Service issued Notice 2012-13 in February. Since the beginning of March, First Advantage has successfully processed thousands of electronically signed 8850 forms and employer adoption is growing steadily.

“We have been strong advocates for the use of electronic signature and are excited to deliver an enhancement that will drive significant benefits for our customers,” stated Dan Filby, executive vice president and managing director of tax consulting at First Advantage. “It eliminates a number of time-consuming steps in the process to certify an employee’s WOTC credit eligibility as well as offering our customers cost savings by reducing shipping costs associated with hard copy forms. The overall benefit to employers will be substantial, and we are thrilled to have been able to deliver it to our clients on the first day.”

For the past 10 years, thousands of companies have relied on First Advantage’s extensive expertise in navigating the tax credit landscape and providing significant opportunities for employers to positively affect their communities as well as their own bottom line.

For more information on First Advantage, please visit www.fadv.com

To learn more about HRchitect’s expertise in HR technology strategy, selection and implementation services, and how HRchitect can help your organization, please visit www.HRchitect.com

 
Matt Lafata, HRchitect

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SmartSearch® recruiting software new v16 release features S.M.A.R.T. – Social Media And Recruiting Toolbox…from Advanced Personnel Systems

April 4, 2012

 

Advanced Personnel Systems adds search/import integration with LinkedIn, Facebook and Twitter for sourcing, promoting jobs, and networking

 

If you are looking for a new Talent Management System, or any HR system, don’t rely solely on “recommendations” or published reports. Do yourself a huge favor and talk to HRchitect first. After 14 years, HRchitect has unparalleled knowledge of the HR and Talent Management vendor community and can save you time and money in selection and implementation. Simply put, do not invest in any kind of HR technology without consulting with the experts first. HRchitect is always available to help!

 

Advanced Personnel Systems, Inc. (APS), the maker of SmartSearch® recruiting business software announces that its new Version 16 upgrade is scheduled for release on April 30, 2012. Version 16 features a new S.M.A.R.T.® (Social Media And Recruiting Toolbox) menu that consolidates a number of existing features and adds new functions to a toolkit that can be displayed on the built-in Work-In-Progress (WIP) dashboard.  The S.M.A.R.T.® menu brings new and existing social media integrations together in one convenience place.

The S.M.A.R.T.®  menu features a new LinkedIn search/import function that allows users to search, view and import LinkedIn connections either one at a time or in bulk, as either candidates or contacts for business development, sourcing, and referral networking. The candidate search/import function is similar to existing SmartSearch® integrations with major job boards such as Monster, CareerBuilder and DICE for creating or updating candidate records and profiles. When adding an individual candidate or contact, users will have the option to enter a LinkedIn URL to create a new record. When viewing an existing candidate or contact record, SmartSearch® auto-searches for a corresponding LinkedIn profile and can display recent LinkedIn posts all on one screen.

In addition, when viewing a candidate or contact profile, SmartSearch® stores associated Twitter account information, allowing users to view recent Tweets from within the profile.

SmartSearch® customers can also use the S.M.A.R.T.® menu to post jobs and status updates to their LinkedIn, Twitter, and Facebook profiles, and view their profile “wall” from within the application.

The SmartSearch® recruiting software is best known for the ability to seamlessly integrate with existing systems and applications for managing all employment-related information from one easy to use interface.

For more information on SmartSearch, please visit www.smartsearchonline.com

To learn more about HRchitect’s expertise in HR technology strategy, selection and implementation services, and how HRchitect can help your organization, please visit www.HRchitect.com

 
Matt Lafata, HRchitect

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SikRoad Technology Receives Netexplo 2012 Award for Digital Innovation…from SilkRoad Technology

April 4, 2012

 

SilkRoad Point Recognized for Transforming Talent Management

 

HRchitect featured SilkRoad in our release of The Suite Life of Integrated Talent Management and also includes them in our list of top Talent Acquisition Systems vendors that businesses should consider. SilkRoad competed in the HRchitect Beauty Pageant on Onboarding Systems in January 2009, and the HRchitect IRONMAN on Mid-Marketing Talent Acquisition Systems on June18, 2010, where they were crowned the winner of each. Brian Platz, EVP and COO of SilkRoad also appeared on the HRchitect WebMingle on March 20, 2009. Finally, HRchitect attended the SilkRoad user conference, SilkRoad Connections, in May 2010 and May 2011.

If you are looking for a new Talent Management System, or any HR system, don’t rely solely on “recommendations” or published reports. Do yourself a huge favor and talk to HRchitect first. After 15 years, HRchitect has unparalleled knowledge of the HR and Talent Management vendor community and can save you time and money in selection and implementation. Simply put, do not invest in any kind of HR technology without consulting with the experts first. HRchitect is always available to help!

 

SilkRoad technology, inc., a leading provider of social talent management solutions, has been honored with a Netexplo 2012 Award for SilkRoad Point.  One of only ten companies recognized worldwide, SilkRoad was selected for Point’s contribution to digital innovation. Point is a revolutionary new social enterprise solution that transforms talent management and performance management in particular, improving how organizations and employees work together.

Netexplo is an independent observatory that studies the impact of digital technology on society and business. Through a global network of lecturers at leading universities, Netexplo discovers and monitors new, innovative companies. Each year, Netexplo selects 100 of the world’s most promising companies and honors just 10 of them with a Netexplo Award. Previous award winners include Twitter and Siri.

“We’re honored to have been recognized by Netexplo, the global leader and authority in innovation and digital technology,” said Brian Platz, co-founder and COO, SilkRoad. “With Point, and all of our talent management solutions, we set out to solve HR and talent challenges facing organizations with our intuitive, scalable, cloud-based technologies. We’re thrilled to be recognized for our innovation and commitment to improving the employee experience alongside the world’s very best companies.”

For more information on SilkRoad Technology, please visit www.silkroad.com

To learn more about HRchitect’s expertise in HR technology strategy, selection and implementation services, and how HRchitect can help your organization, please visit www.HRchitect.com

 
Matt Lafata, HRchitect

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