Employee engagement

1 in 3 Canadian Companies Bracing for Higher Employee Turnover in 2024

Retrieved on: 
Wednesday, February 28, 2024

TORONTO, Feb. 28, 2024 (GLOBE NEWSWIRE) -- One-third of Canadian businesses (28%) expect increased employee turnover this year, according to a new Express Employment Professionals-Harris Poll survey.

Key Points: 
  • TORONTO, Feb. 28, 2024 (GLOBE NEWSWIRE) -- One-third of Canadian businesses (28%) expect increased employee turnover this year, according to a new Express Employment Professionals-Harris Poll survey.
  • High turnover comes with high costs, as companies estimate an average cost to replace an employee of $30,674 annually (e.g., cost to rehire, lost productivity).
  • Moreover, 15% of Canadian companies report turnover costs them more than $100,000 per year.
  • Indeed, nearly two-thirds of businesses (64%) say employee turnover places a heavy burden on current employees.

Workvivo by Zoom Leverages AI-Powered Predictive Insights to Enhance Employee Experiences

Retrieved on: 
Thursday, February 29, 2024

CORK, Ireland, Feb. 29, 2024 /PRNewswire/ -- Workvivo, a Zoom company, is enabling world-leading brands to quantify employee trust and improve retention by using Artificial Intelligence through predictive insights platform Adoreboard, it was announced today.

Key Points: 
  • CORK, Ireland, Feb. 29, 2024 /PRNewswire/ -- Workvivo, a Zoom company, is enabling world-leading brands to quantify employee trust and improve retention by using Artificial Intelligence through predictive insights platform Adoreboard, it was announced today.
  • Adoreboard, a Gartner Cool Vendor, will support Workvivo's existing listening and insights capabilities to deliver actionable insights by measuring levels of emotional intensity in text feedback collected through Workvivo pulse surveys.
  • Colum Nugent, Head of Professional Services said that the new initiative will benefit customers by going beyond employee statistics to understand what really drives employee retention.
  • Adoreboard is used by some of the world's most well-known brands including Procter and Gamble, Allstate, and Amazon to analyse employee data and uncover insights which help to improve employee experiences.

Workvivo by Zoom Leverages AI-Powered Predictive Insights to Enhance Employee Experiences

Retrieved on: 
Thursday, February 29, 2024

CORK, Ireland, Feb. 29, 2024 /PRNewswire/ -- Workvivo, a Zoom company, is enabling world-leading brands to quantify employee trust and improve retention by using Artificial Intelligence through predictive insights platform Adoreboard, it was announced today.

Key Points: 
  • CORK, Ireland, Feb. 29, 2024 /PRNewswire/ -- Workvivo, a Zoom company, is enabling world-leading brands to quantify employee trust and improve retention by using Artificial Intelligence through predictive insights platform Adoreboard, it was announced today.
  • Adoreboard, a Gartner Cool Vendor, will support Workvivo's existing listening and insights capabilities to deliver actionable insights by measuring levels of emotional intensity in text feedback collected through Workvivo pulse surveys.
  • Colum Nugent, Head of Professional Services said that the new initiative will benefit customers by going beyond employee statistics to understand what really drives employee retention.
  • Adoreboard is used by some of the world's most well-known brands including Procter and Gamble, Allstate, and Amazon to analyse employee data and uncover insights which help to improve employee experiences.

One-Third of Companies Bracing for Higher Employee Turnover

Retrieved on: 
Wednesday, February 28, 2024

OKLAHOMA CITY, Feb. 28, 2024 /PRNewswire/ -- Thirty-three percent of U.S. hiring managers anticipate employee turnover at their company to increase in the next year, costing an average of $36,295 (e.g., cost to rehire, lost productivity) annually.

Key Points: 
  • Turnover not only takes a toll on the company, but also the remaining employees — nearly three-quarters of hiring managers (73%) say employee turnover places a heavy burden on existing employees.
  • From affecting productivity to engagement, excessive turnover can wreak havoc on even the most established business' ability to stay competitive.
  • The Cost of Turnover: Studies show the actual cost to replace an employee is significant.
  • Understand the Expectations of Turnover: Acknowledging that turnover is common in the employment cycle, organizations that delve into the complexity of expected turnover rates gain a pivotal advantage in proactive management.

Historic milestone for Pluxee, now listed on Euronext Paris following its spin-off from Sodexo

Retrieved on: 
Thursday, February 1, 2024

On February 1, 2024, Pluxee’s shares were distributed to Sodexo shareholders on a one-for-one basis.

Key Points: 
  • On February 1, 2024, Pluxee’s shares were distributed to Sodexo shareholders on a one-for-one basis.
  • The technical reference price of EUR 26 per Pluxee share was announced on January 31, 2024, by Euronext.
  • “By successfully completing Pluxee’s spin-off and listing on Euronext Paris, we take a further step towards the accomplishment of our longstanding vision.
  • This is the beginning of a new era and I would like to thank the entire team for their hard work.

Cooleaf Triumphs in G2 Winter 2024 Report with 26 Badges

Retrieved on: 
Wednesday, January 24, 2024

ATLANTA, Jan. 24, 2024 /PRNewswire/ -- Cooleaf , the leading employee engagement solution for high-performing teams, today announced that they achieved record-breaking performance with 26 total badges in G2's Winter 2024 evaluations.

Key Points: 
  • ATLANTA, Jan. 24, 2024 /PRNewswire/ -- Cooleaf , the leading employee engagement solution for high-performing teams, today announced that they achieved record-breaking performance with 26 total badges in G2's Winter 2024 evaluations.
  • This accomplishment underscores Cooleaf's commitment to enhancing workplace culture and employee engagement.
  • The Winter 2024 release of G2's reports ranked Cooleaf as follows:
    "Best Relationship" in Employee Engagement, Employee Recognition, Mid-Market Employee Engagement, and Mid-Market Employee Recognition Categories
    "Leader" in Mid-Market Americas Employee Recognition, Americas Employee Engagement, Mid-Market Employee Engagement, and Mid-Market Employee Recognition Categories
    "High Performer" in Americas Employee Recognition, Asia Employee Engagement, and Asia Pacific Employee Engagement Categories
    "High Performer" in Mid-Market India Employee Engagement, Mid-Market Americas Employee Engagement, Mid-Market Asia Employee Engagement, and Mid-Market Asia Pacific Employee Engagement Categories
    As the largest SaaS marketplace, G2's badges are a prestigious recognition in the tech industry, reflecting real-world user satisfaction and market presence.
  • The G2 badges reinforce Cooleaf's role in shaping effective employee engagement strategies.

Pluxee presents strategic growth plan at Capital Markets Day ahead of expected listing on February 1, 2024

Retrieved on: 
Wednesday, January 10, 2024

Pluxee is expected to become an independent public company through the distribution of 100% of its shares to Sodexo shareholders on a one-for-one basis, i.e.

Key Points: 
  • Pluxee is expected to become an independent public company through the distribution of 100% of its shares to Sodexo shareholders on a one-for-one basis, i.e.
  • “With a 45-year track record of profitable growth, Pluxee’s listing marks the next phase of our journey as a leading global provider of Employee Benefits and Engagement solutions.
  • We are confident in our ability to achieve the ambitious strategic and financial objectives we are announcing today.
  • Pluxee’s Fiscal 2024 and 2026 financial objectives focus on delivering sustainable organic revenue growth, improving its recurring EBITDA margin and maintaining high cash conversion levels.

Matterport's Annual ESG Report Highlights the Importance of its Digital Twin Technology in Reducing Carbon Footprint

Retrieved on: 
Monday, December 11, 2023

The report, based on 2022 data, builds on the company’s inaugural report last year as the company further establishes company-wide ESG goals and commitments.

Key Points: 
  • The report, based on 2022 data, builds on the company’s inaugural report last year as the company further establishes company-wide ESG goals and commitments.
  • In its second year of reporting the impact of Matterport’s digital twins on reducing carbon footprint, the findings continue to demonstrate Matterport’s technology is a highly effective alternative to completing tasks that historically required travel.
  • This has helped Matterport’s customers avoid an estimated 756,952 tonnes of carbon emissions since the company began tracking the measure in 2021.
  • Total emissions from the Pro3 are 46% less carbon intensive than the Pro2, on a per camera basis.

Europe Corporate Training Market size to increase by USD 43.03 billion during 2022-2027| Digitization of learning materials is notably driving the market growth- Technavio

Retrieved on: 
Monday, December 18, 2023

What is the projected size of the Europe Corporate Training Market in the next five years?

Key Points: 
  • What is the projected size of the Europe Corporate Training Market in the next five years?
  • The Europe Corporate Training Market is projected to reach a value of USD 43.03 billion in 2027.
  • Download Free Sample before buying
    What are some of the major companies operating in the Europe Corporate Training Market?
  • The market growth in Europe's corporate training sector is propelled by the digitization of learning materials, driven notably by the adoption of cloud-based services like CMS and corporate training platforms.

Cisive Named to HRO Today's 2023 Baker's Dozen List of Top Background Screening Providers for a Seventh Year in a Row

Retrieved on: 
Tuesday, November 28, 2023

HOLTSVILLE, N.Y., Nov. 28, 2023 /PRNewswire-PRWeb/ -- Cisive, a global leader of compliance-driven human capital management and risk management solutions, and its mid-market background screening division IntelliCorp, were named industry leaders for the seventh year in a row by HRO Today to the 2023 Baker's Dozen rankings of top Pre-Employment Screening Providers.

Key Points: 
  • Global background screening and monitoring leader Cisive recognized by HRO Today in the 2023 Baker's Dozen rankings of top Pre-Employment Screening Providers.
  • HOLTSVILLE, N.Y., Nov. 28, 2023 /PRNewswire-PRWeb/ -- Cisive, a global leader of compliance-driven human capital management and risk management solutions, and its mid-market background screening division IntelliCorp, were named industry leaders for the seventh year in a row by HRO Today to the 2023 Baker's Dozen rankings of top Pre-Employment Screening Providers.
  • We align our mission to provide the highest quality and most accurate background screening available to our customers.
  • "Cisive is honored to be recognized in HRO Today's Baker's Dozen list for the seventh consecutive year," said Larry Neal, CEO at Cisive.