Freelancer Stability

Jump gives full-time contracts to freelancers who want stability and desire to reap the benefits that full-time jobs offer. Once they sign up with Jump, freelancers can bill clients through the platform at the end of every month.

The company functions as an administrative platform while maintaining the independence of contracts. It allows users to generate payslips and receive a salary. This feature empowers freelancers to define the pay that works for them throughout the year, even during slow months.

Contractors who use the platform are free to work for multiple customers and negotiate contracts directly.

Healthcare and Pension

Jump freelancer benefits include registration of freelancers with the national healthcare system. The permanent contract that contractors receive enables them to contribute to the national pension scheme. The platform also offers users health insurance contractors, meal vouchers, and employee savings schemes.

Another important Jump employee benefit that freelancers get is a mortgage. Permanent contracts are particularly useful when buying a home and negotiating mortgages with banks in France. To use Jump, freelancers have to pay €99 each month. Corporate contributions are deducted directly from the user’s earnings. To date, 2,000 freelancers use the French startup Jump.

Newbie Offer

Jump recently announced a free offer for contractors who are starting their freelancing career. The newbie offer includes a free bank account with a virtual debit card that’s linked to Google Pay or Apple Pay.

The offer also comes with several software features that enable freelancers to bill their first clients. These features include a dashboard for tracking financial performance and an in-built invoice generator.

“It’s pretty much in line with how freelancers work. They often get started with the basic French freelancer status, and then switch to another status when they begin to feel the limits of their freelancing status and they have enough revenue,” Jump’s Co-founder and CEO, Nicolas Fayon said.

Future Outlook

Moving forward, Jump is looking to support a wide range of independent contractors. Currently, the platform serves data engineers, software developers, sports coaches, project managers, and creative consultants. The French startup also plans to expand to other countries in the future, including the UK.

Like Workday and TalentQuest that leverage technology to streamline human resource functions for businesses, Jump makes it easier for freelancers to manage clients. Last month, Salesforce and Workday announced plans to launch an AI-powered service agent to automate routine tasks, offer data-driven insights, and provide personalized support to users. TalentQuest on the other hand developed an Analytic Solution that helps businesses revolutionize the way they use data to attract and retain employees.

The post Jump Raises Millions in Funding to Support Freelance Contractors appeared first on Tech Research Online.

According to Yahoo Finance, the Workday share jump was triggered by an announcement that the company would increase profitability in the coming three years.

Workday specializes in enterprise applications that help businesses, government agencies, and educational institutions manage their human and financial resources.

Workday Share Profitability

Speaking on a conference call, Workday’s Chief Financial Officer Zane Rowe said the company’s adjusted operating margins are expected to reach 30% by January 2027. Workday had set this figure at 25% last year.

Rowe said Workday’s subscriptions, which are the main source of revenue for the company, will grow by about 15% over the same period. Carl Eschenbach, Workday’s Chief Executive Officer said that emphasis on profitability provides more cash for strategic growth initiatives.

Eschenbach also said that Workday will reduce operating costs by adopting selective hiring and leveraging AI in its finance departments and call centers. The HRTech company will be hiring more workers in India and Costa Rica.

Investor Disquiet

The long term Workday profitability outlook has helped to dislodge the disquiet previously expressed by investors about the company’s in-line quarterly results and annual sales forecast.

“There were some positive nuggets in management’s outlook including a 17% increase in subscription revenue and a $1 billion share buyback program,” Running Point Capital’s Chief Investment Officer, Michael Ashley Schulman said

The US-based company also maintained its annual subscription forecast of $7.73 billion and an operating margin outlook of 25%.

“We see a macroeconomic environment consistent with last quarter,” Rowe said.

Workday executives said that the company is reviewing its medium-term plans to fast track expansion and moderate its subscription revenue growth pace. In recent years, the company has introduced new features and made attempts to grow its customer base. In July, Workday partnered with Salesforce to build a collaborative AI tool.

Corporate Spending

Despite a slowing labor market, corporate spending on payroll and human resources among small and medium sized businesses has been increasing. Workday expects reduced hirings to dip its subscription revenue in quarter three.

Prior to the results announcement, analysts had highlighted the negative effect that corporate job cuts could have on software companies that charge customers per use. Workday said its subscription backlog was $6.8 billion.

“Enterprises continue to remain in a cost-cutting mode with below-average headcount addition,” Bloomberg Intelligence Analyst, Anurag Rana said.

According to analysts, the company could also experience longer sales cycles as a result of higher inflation and cost of borrowing. Overall, Workday’s results point to a tough environment for expanding the customer base.

Workday reported a $1.75 profit per share for the period ended July 31. The company announced a 49 cents earnings per share, 10 cents more than the 30 cents announced in the same period last year.

The post Workday’s Q2 Performance Surpasses Investor Expectations appeared first on Tech Research Online.

IT Guide to
Generative AI

Part 1: Elevating Productivity with GenAI 

About RingCentral

RingCentral, Inc. is a leading provider of global enterprise cloud communications and collaboration solutions. Empowering businesses to enhance their communication capabilities, RingCentral offers a robust platform that includes messaging, video, and phone services, all integrated through a single platform. With a focus on innovation and accessibility, RingCentral is dedicated to delivering a flexible, reliable, and secure communications solution that supports businesses in their transition to the cloud. 

The post IT Guide to Generative AI appeared first on Tech Research Online.

IT Guide to Generative AI

Part 2: Embracing Strategic
Implementation of GenAI

About RingCentral

RingCentral, Inc. is a leading provider of global enterprise cloud communications and collaboration solutions. Empowering businesses to enhance their communication capabilities, RingCentral offers a robust platform that includes messaging, video, and phone services, all integrated through a single platform. With a focus on innovation and accessibility, RingCentral is dedicated to delivering a flexible, reliable, and secure communications solution that supports businesses in their transition to the cloud. 

The post IT Guide to Generative AI appeared first on Tech Research Online.

The Tech Leader's Guide
to Remote Work

Master the transition to a remote-first environment and
drive sustainable success 

The post The Tech Leader’s Guide to Remote Work appeared first on Tech Research Online.

CIOs Guide to Gen AI

Your strategic playbook to transform business
operations and drive ROI with GenAI 

The post CIOs Guide to Gen AI appeared first on Tech Research Online.

How DevOps Skills Are Evolving
to Deploy Kubernetes in the Cloud

Is Your DevOps Team Equipped for Cloud Modernization? 

The post How DevOps Skills Are Evolving to Deploy Kubernetes in the Cloud appeared first on Tech Research Online.

How Platform Engineering Principles
Can Elevate Developer Skills

Is Your Development Team Ready for Enhanced Efficiency?

The post How Platform Engineering Principles Can Elevate Developer Skills appeared first on Tech Research Online.

The Total Economic Impact
Of Andela

Cost savings and business benefits enabled by Andela 

The post The Total Economic Impact Of Andela appeared first on Tech Research Online.

Salesforce specializes in providing AI-driven customer relationship management systems. Workday is a leading HRTech company that provides solutions that enable businesses to manage employees and money.

Multiple Platforms

The Salesforce-Workday strategic partnership will see the two companies combine their platforms to enable businesses create and manage agents for varying employee service use cases. These platforms are Agentforce platform and Einstein AI by Salesforce and Workday’s AI and Workday platform.

Powered by Workday’s HR and financial data and Salesforce CRM data, the new AI employee service agent provides a trusted data foundation that allows businesses to connect with their staff in a natural, human-like way. This allows businesses to conduct onboarding processes, career development, changes to health benefits, and other tasks with ease.

“The AI opportunity for every company lies in augmenting their employees and delivering incredible customer experiences. That’s why we’re so excited about our new Agentforce platform which enables humans and AI to drive customer success together, and this new partnership with Workday, to jointly build an employee service agent. Together we’ll help businesses create amazing experiences powered by generative and autonomous AI, so every employee can get answers, learn new skills, solve problems, and take action quickly and efficiently,” Salesforce Chair and CEO, Marc Benioff said.

Unique Capabilities

The AI service agent seamlessly transfers complex cases to the right employees for remediation. It’s capable of maintaining previous contexts and history to facilitate smooth transitions. This approach allows people and AI to work together, leading to improved efficiency, higher productivity, and better employee experiences. This is facilitated by deep integration of AI models, data, and applications.

“Employees, customers, and financials are the three most fundamental elements of any business. By integrating our platforms, datasets, and powerful AI capabilities, Salesforce and Workday are empowering our customers to deliver unmatched AI-powered employee experiences that ultimately lead to happier customers and drive unprecedented business value,” Workday CEO, Carl Eschenbach said.

Key Benefits

The new AI employee service agent utilizes natural language conversations to give employees instant support. It’s capable of providing contextual support to users. It understands requests, extracts relevant insights and knowledge from unified data sources, and automates resolutions.

The service agent will make employee onboarding seamless by performing tasks such as resource provisioning, organizing paperwork, and training. Employees can get answers to HR-related questions faster, and enjoy personalized learning paths based on their roles, career interests, and skills.

“As a leading global commercial real estate services firm, we are extremely focused on ensuring our employees are supported and engaged, which has a direct impact on client service. The ability to streamline workflows across two of our most used platforms – Workday and Salesforce – and deliver more personalized AI-powered employee experiences will be a game changer for us,” Cushman & Wakefield Chief Digital and Information Officer, Sal Companieh said.

For employers, the new AI employee service agent extends workforce capabilities beyond individual staff productivity, and raises overall employee optimization, intelligence, and resilience. Businesses can use the AI tool developed through the Salesforce Workday partnership to harmonize their skill supply predictions, boost sales intelligence, and plan finances.

The post Salesforce and Workday Launch AI-Powered Employee Agent appeared first on Tech Research Online.

AI Breakthrough Awards is a prestigious market intelligence company that recognizes top technologies, firms, and products in the global AI market. The company’s Managing Director, Steve Johansson said that 2024 winners were identified through a highly competitive process.

PRNewswire reported that AI Breakthrough received thousands of submissions under various categories. After an intense review of the applications, the iCIMS Best Overall AI Solutions title was awarded to the HR tech company

Recruitment Simplified

The iCIMS AI solution helps companies to simplify recruitment processes. It allows users to make the process more engaging by matching jobs with talent and enhancing the search experience for users.

The technology also allows talent acquisition teams to give candidates more positive and personalized experiences. By scaling these experiences, businesses can find the most suitable candidates with ease. This fast-tracks the hiring process and accelerates staff growth. According to the HR tech company, businesses that use its AI solution can fill job vacancies twice as fast as those that don’t.

“HR and business leaders are always looking for new ways to improve the experience and create more efficiency – and iCIMS does just that across the talent journey. iCIMS Talent Cloud AI gives customers a competitive hiring edge to build and scale winning teams, smarter and faster, with reduced complexity and cost,” Johansson said.

Purpose-Built AI

iCIMS has embedded AI across its talent acquisition platform, eliminating the need for integration. The company has trained its AI on billions of datasets across millions of candidate profiles. The AI has also been trained on thousands of business activities from organizations that attract over 200 million job applications and make over 5.5 million hires yearly.

“There’s no doubt that AI provides a massive swath of opportunities, but it’s so important to get it right. It requires working with the right tech vendors, training and upskilling employees, and level-setting expectations. iCIMS is driving technological innovation in TA forward, without exacerbating risk for our customers, their candidates, and our own employees,”iCIMS VP of AI, Andreea Wade said.

Businesses rely on iCIMS’ responsible AI to leverage best practices, comply with global HR regulations, and facilitate third-party audits. iCIMS AI breakthrough is built on the principles of robustness, safety, fairness, inclusivity, privacy, and transparency.

Long History

iCIMS has a long history with AI-based innovations. Its AI journey was fast-tracked in 2020 when it acquired Opening.io. Early this year, the company advanced its AI program by unveiling a generative AI recruiting assistant. This tool enables recruitment teams to hire smarter and more efficiently.

Recently, the company announced that it will be launching the iCIMS Candidate Experience Management system. This next-generation CRM will allow recruitment teams to find and nurture talent using a mix of marketing automation, artificial intelligence, and engagement scoring. iCIMS will be unveiling new product innovations during a product release event later this month.

The post iCIMS HR Solution Wins ‘Best Overall AI Solution’ Award appeared first on Tech Research Online.

According to PRWeb, the tool allows companies to make data-driven decisions accurately and with ease. TalentQuest has been developing innovative talent management tools for more than 20 years. The offers cutting-edge tech solutions that help businesses realize their goals by catering to every aspect of talent management.

Data Integration

The TalentQuest Analytics Platform integrates data from different TalentQuest modules and makes it accessible from a simple source. This data includes behavioral assessments, user data, performance management, and staff check-ins. It also includes data relating to employee compensation, learning, and succession planning. Integrating data from different sources allows businesses to have a holistic view of employee development and organizational performance.

“Our Advanced Analytics solution represents a significant leap forward in talent management technology. By providing comprehensive data integration and powerful visualization tools, we are empowering organizations to unlock the full potential of their data,” TalentQuest CEO, Kevin Sessions said.

TalentQuest Analytics platform solution will also help companies stand out in the highly competitive business environments.

“This tool not only enhances operational efficiency but also drives strategic initiatives, fostering a data-driven culture that is essential in today’s competitive business landscape,” Sessions added.

Visualizing Insights

TalentQuest Analytics solution empowers HR decision-makers with visualized insights. Its advanced analytics feature can provide users with multiple dashboards. These dashboards are pre-configured to enable users to visualize data instantly. TalentQuest Analytics platform users can do this using different interactive graphs and charts.

To meet the unique needs of a business, Advanced Analytics comes with robust customization features. These features allow users to create bespoke dashboards and customize them to specific KPIs and metrics. This provides them with the accurate insights they need to inform strategic planning processes and improve operations.

User Experience

TalentQuest’s Advanced Analytics prioritizes user experience. The tool features an intuitive interface that allows users to navigate it with ease, irrespective of their technical capabilities. This ease of navigation ensures that businesses can leverage the full potential of the tool. High accessibility also means that users always have valuable insights within reach. This ensures that they can make informed decisions for their businesses on time.

The post TalentQuest Advanced Analytics Boosts Data-Driven HR Management appeared first on Tech Research Online.