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At Dayforce, we’re constantly pushing to help organisations unlock more value, operate with confidence, and realise their full people potential. For that reason, our latest release focuses on new capabilities that allow you to:
- Expand organisational learning to fill critical skills gaps with new Dayforce Learning
- Boost productivity with improvements to compliance
- Drive organisational performance with our powerful Measures and Nudges capabilities
Here’s how you can use each to impact your organisation.
Equip employees with the skills they need through the new Dayforce Learning (coming soon)
One of the biggest challenges facing organizations today is having the right people with the right skills, with nine in ten executives saying their organization lacks at least one critical skill type. In addition to closing critical skills gaps, investing in skills-based training can significantly improve retention, as 61% of workers say upskilling is a reason they would stay at their current job. That's why Dayforce is constantly working to help you manage employee learning while providing your leaders more insight into skills gaps and how to fill them.
Scale learning and development with an intuitive user experience
To meet the ever-evolving needs of both employers and employees, organizations need to offer more advanced people development capabilities to better grow, engage, and enrich their people – all while propelling their business goals forward. In our latest release, we’re proud to unveil a significant update for the evolved Dayforce Learning, which will feature a more intuitive user experience with smoother course creation, user management, enrollment management, and reporting capabilities. With these enhancements in hand, your organization will be able to provide greater:
- Career-centric learning – Embed learning throughout the HCM application, improving engagement by connecting development opportunities to key moments in the employee lifecycle, from onboarding to succession planning.
- Content discoverability and distribution – Scale learning and development programs with tools to source best-in-class content and seamlessly blend it with in-house content.
- Streamline the employee learning experience – Bridge skills gaps and connect development opportunities to key moments in the employee lifecycle – from new hires to seasoned executives. Leveraging AI, Dayforce Learning pairs learners with recommended content to help drive desired upskill or reskill outcomes.
Over time, these capabilities will allow learning to occur more naturally within the flow of work, increasing employee access to development opportunities and equipping them with the skills they need to realize their potential. Dayforce Learning can provide these benefits because it now offers the robust compliance support of a Learning Management System (LMS) and the learner engagement of a Learning Experience Platform (LXP). This latest evolution of Dayforce Talent capabilities follows our acquisition of eloomi, an industry-leading people development platform, which was announced earlier this year.
Operate with confidence with the help of our latest compliance updates
Today’s organisations are struggling with compliance and regulatory complexity due to the explosion of different types of workers and work occurring across hundreds of global jurisdictions. In response to our 2023 Executive Survey, 48% of executives believed that increasing compliance and regulatory complexity would limit their organization’s ability to achieve its business goals and priorities in the next 12 months. That's why Dayforce is constantly working to help you manage compliance and payroll while freeing up time for your team to offer more strategic value.
Over 240 new compliance updates
From navigating Australia’s award interpretation and long service leave to New Zealand’s complex Holidays Act, there’s no doubt our region has it tough when it comes to payroll compliance. That’s why our compliance-first approach provides a unique advantage compared to other HCM solutions and puts us in an industry-leading position.
So far this year, we’ve added 240+ compliance updates to address changes around the world in regional taxes, workers’ compensation, and multiple state and city rate changes. “When we zero in on the ANZ region, enhancements the local product and development teams have made and continue to make around Australia’s Long Service Leave and New Zealand Holidays Act are leaps forward compared to dated legacy systems”, notes James Saxton, VP Product at Dayforce for Asia Pacific and Japan. “Not only are they helping organisations automate processes and reduce manual work, but together with the critical benefits a unified system like Dayforce delivers, the real-time reporting and single source of truth is game changing.”
Unlock intelligent decision-making with powerful new Measures and Nudges
In a fast-evolving business environment, leaders need data to navigate complexity – to know what to respond to and whether their decisions are having a positive impact. Yet Deloitte research has found that only 3% of executives have the information needed to make sound people decisions. That's why we’ve introduced People Analytics features to help you boost performance.
Drive predictable outcomes with all-new Dayforce Measures
Our latest release has taken our People Analytics solution to the next level with the addition of Measures. This feature brings a robust set of 28+ key performance indicators (KPIs) designed to give every organisation a comprehensive view of their workforce. Whether it’s tracking retention rates or monitoring overtime pay, our Measures cover key aspects of HCM to help ensure leaders have a 360-degree view of their organisation's health.
Thresholds and Nudges to enable proactive decision-making
To deliver on our promise of enabling proactive decision-making, we've introduced a set of customisable thresholds for each Measure. Once you set specific thresholds based on your organisation’s success criteria, you’ll receive automated, real-time notifications whenever those thresholds are breached, allowing you to take critical steps to address them before they turn into bigger issues.
With this level of data-driven insight and decision support in hand, you can realise your people potential and operate with confidence, making work life better for everyone at your organisation, from workers to executives.
Moving forward
There’s no stronger foundation for organisational growth than the growth of your employees. That’s why our latest release focuses on expanding your team’s learning to fill critical skills gaps, improving payroll for higher productivity, and generating greater people performance through data-driven automation and decision support tools. With these solutions in hand, you can operate with confidence, unlock more value, and realise your full people potential to become a pacesetter in your industry.
Learn more about how to empower workers to unlock growth with our all-in-one people platform