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An Update on U.S. Workforce Activity
This report explores weekly workforce data across approximately 40,000 U.S. businesses and their 4.5 million employees.
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The Workforce Institute is a think tank that curates ideas, strategies, and best practices on how to create great workplace experiences in a way that positively impacts lives, communities, and business outcomes.
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Two Big Workplace-Software Providers to Merge
The Wall Street Journal | Ultimate Software and Kronos Inc. are merging in a deal creating a big new player in workplace-software products. The all-stock deal will create a company worth roughly $22 billion including debt, the companies said Thursday, confirming an earlier Wall Street Journal report.
Media Coverage
Job Stability and Work-Life Balance: New UKG Survey Shares Top COVID-19 Concerns for the Future Workplace
Toolbox/HR Technologist | A global survey across 11 nations by The Workforce Institute at UKG (Ultimate Kronos Group) has revealed what employees and business leaders expect from the organization going forward. 43% of the employees have said that their organization’s ability to balance workloads to prevent fatigue and burnout is their top priority. It also highlights generation-agnostic concerns about job security: Gen Z and younger Millennials (35%), older Millennials (37%), Gen Xers (36%), and Boomers (34%).
Media Coverage
Anti-Racism Conversations Should Not Be Easy
TLNT | Well-intentioned conversations about racism are happening at companies across the country, but if not handled correctly, they can leave Black employees more alienated and burdened than before. While in the past, many leaders have avoided necessary conversations on race, calling them “divisive,” we in the business of equity and belonging have always explained that company culture is created, recreated, and upheld in all interpersonal interactions within an organization. It’s therefore pivotal that you encourage your leaders to be human.
Media Coverage
Kronos, Ultimate Software Rebrand as “UKG”
HR Dive | Following the February announcement of the merger between Kronos and Ultimate Software, the joint company has announced a new, unified branding as "UKG" or Ultimate Kronos Group, set to take effect Oct. 1.
Media Coverage
It's Been 6 Months of Working from Home. Here's What We've Learned
CNN + CNN International | It's been nearly six months since many companies told employees to go home and start working remotely because of the pandemic. And the shift has taught us a lot about how we work. It's made some companies rethink the concept of the 9-to-5 workday, has others realizing that remote work doesn't necessarily mean less productivity and that more meetings aren't always the answer to a problem. "This crisis has made it clear how crucial it is to bring a deep sense of empathy and understanding to the workplace."
--Cécile Alper-Leroux, vice president of product and innovation, Ultimate Kronos Group