Dayforce Allows Users to Predict, Quantify Employee Flight Risk
Ceridian also plans to develop Dayforce payroll capabilities in Australia and launch additional product features
Ceridian HCM Holding Inc. (“Ceridian”) (NYSE:CDAY) (TSX:CDAY), a global human capital management (HCM) technology company, has rolled out enhanced predictive analytics capabilities that analyze key factors linked to flight risk. With Dayforce Flight Risk, Dayforce customers have the tools to proactively address potential retention problems.
The modern worker is increasingly expected to jump from job to job – and even from career to career. In this recruiting environment, companies that can identify their top performers, and do what it takes to keep them, will have a competitive edge.
“Companies need the necessary tools to help identify high performers that are at risk of leaving,” said David Ossip, Chairman and CEO, Ceridian. “Going beyond data, Dayforce Flight Risk also guides managers with tips and coaching, helping them to make the right decisions for their team.”
Users will be able to leverage their internal corporate data to identify employees who are flight risks, quantify the cost of turnover, and more effectively make the case for investment in a culture of engagement and excellence that will help them attract and retain the talent they need to succeed.
Flight Risk is one of many recent product-focused announcements for Ceridian. With the goal of expanding Dayforce to deliver more value to its growing customer base, Ceridian launched UK payroll capabilities on the Dayforce platform earlier this year. Building on this momentum, Ceridian intends to continue its expansion into new global markets by developing payroll capabilities for the Australia market. It also plans to launch succession planning, surveying, and on-demand pay functionality on its Dayforce platform at its customer conference, INSIGHTS, this October.
For more information about Flight Risk and Release 54, visit www.ceridian.com/products/dayforce/release/54.
About Ceridian HCM Holding Inc.
Ceridian. Makes Work Life Better™.
Ceridian is a global human capital management software company. Dayforce, our flagship cloud HCM platform, provides human resources, payroll, benefits, workforce management, and talent management functionality. Our platform is used to optimize management of the entire employee lifecycle, including attracting, engaging, paying, deploying, and developing people. Ceridian has solutions for organizations of all sizes. Visit Ceridian.com or follow us @Ceridian.
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Media Contact:
Teri Murphy
Director, Corporate Communication
Ceridian HCM Holding Inc.
1-647-417-2117
teri.murphy@ceridian.com
Investor Contact:
Jeremy Johnson
Vice President, Finance and Investor Relations
Ceridian HCM Holding Inc.
1-844-829-9499
investors@ceridian.com