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What’s New Blog | July 2023
August 15, 2023
As generative AI continues to take the world by storm, Paylocity is making strides in integrating it throughout our suite. In fact, HR Brew recently highlighted our newest integration of AI in Recruiting to aid with writing job descriptions and mitigating against potential bias. In addition to our AI update, we also launched new features in July like a brand-new Market Pay experience, integrated background checks during the hiring process, and more to empower you with tools that streamline hiring and ensure competitive compensation packages.
Attract top talent, ensure fair pay, and stay compliant
In today's ever-evolving job market, the challenges of recruiting and retaining top talent are undeniable. And when navigating complex pay transparency and equal pay regulations, the task becomes even more daunting. To address these challenges, Market Pay provides real-time insights seamlessly integrated within the Paylocity platform. You'll find a wealth of local market data like salaries, highest demand locations, and frequency of job postings. With this information at your fingertips, you can easily make data-driven decisions and stay compliant with job descriptions when opening new roles.
Revolutionize the way you find and onboard talent
Use AI Assist to increase your recruiting efficiency by generating editable job descriptions in just a few clicks. Once you find a qualified candidate, choose from leading background check providers, including AccuSourceHR, AssureHire, Ministry Brands, and RSI. These new partners allow you to expand the way you initiate and manage background screenings directly in the Paylocity platform. After hiring the candidate, easily launch an onboarding event directly in Recruiting to reduce time to hire and get your new hires up to speed quickly.
Simplify benefit changes due to life events
Streamline and enhance the enrollment experience for both you and your employees with life event workflows, a powerful tool that automates the process of requesting documentation from employees enrolling in benefits due to qualifying life events. No more manual follow-ups or paperwork headaches, as our system will now automatically prompt employees to submit the necessary documents, ensuring an efficient enrollment process. All collected documentation will be securely stored on the employee's record for easy access and compliance.
And in our continuous efforts to bring you convenience at your fingertips, employees can now easily view Health Savings Account (HSA) terms and conditions directly on the Paylocity mobile app, giving them the flexibility to activate their account on the go. No need to be tied to your desk; our mobile app empowers you to manage your HSA account efficiently, anytime, and anywhere.
Empower your team with enhanced user access control
Introducing the centralized self-serve permissions experience, a game-changer that allows you to effortlessly manage and maintain user security access across your organization. Easily grant or restrict access to Benefits during key events like enrollment, employees or supervisors running reports, modifying plan configurations in compensation, and more. And with the new Search & Select feature, navigating through permissions has never been easier. Save valuable time by quickly locating the specific permission you need to update, as it will be conveniently highlighted. You can even update permissions in bulk to make identical updates to various security roles simultaneously to increase efficiency and experience a significant boost in productivity.
If you’re already a Paylocity client, visit the Product Training Catalog, or PEAK for more details:
- Market Pay: Job Insights
- Recruiting: AI Assist & Background Checks
- Onboarding: Event Launch in Recruiting
- Performance: Journal Dashboard
- Benefits: Qualifying Life Event Workflow
- User Access: Bulk Permissions Updates
The Tools You Need to Attract and Retain
Embed employee experience features from recruiting, onboarding, and beyond with tools built for the modern workforce. Kick off day one with a welcome message using video. Connect your employees with collaboration tools and peer groups. Develop your team with relevant and interesting training. Keep the conversation going with surveys. And do it all while automating and collecting data to proactively make improvements.
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