SAP, Microsoft Teams, Textio, the joint employer rule, overtime, ageism, and plenty of funding

SAP, Microsoft Teams, Textio, the joint employer rule, overtime, ageism, and plenty of funding - This is what we look at today on this episode of the BARF. This weeks takeaways: SAP SuccessFactors and Microsoft Teams Partnership: Now, Microsoft Teams users can access performance management features through the app, thanks to the partnership with SAP SuccessFactors. Textio Layoffs: Textio's recent layoffs highlight the challenges HR tech companies face in a competitive market, emphasizing the importance of adapting to changing trends and technologies. Overtime Threshold Increase: With the overtime threshold rising, more employees will be eligible for overtime pay, providing increased protection for workers. Portable Benefits for Gig Workers: Offering benefits not tied to a specific job or employer, portable benefits for gig workers provide flexibility and security. NVIDIA Stock Awards: NVIDIA's provision of stock awards to employees showcases its efforts to retain talent and provide additional benefits to its workforce. Acquisitions in HR Tech: Companies like Multiverse and Cadient are being acquired, indicating ongoing consolidation in the HR tech industry. Identity Verification Importance: With AI's rise, verifying individuals' authenticity becomes increasingly crucial. Resources for HR Acronyms: For those confused by HR acronyms, resources like the A to Z guide of HR acronyms by AIHR are available. Ageism in the Workplace: Both younger and older candidates face biases, highlighting ageism's prevalence. Employee Engagement Decline: Engagement levels are at an 11-year low, signaling a potential shift in engagement's definition in modern workplaces. Racial Gaps in Recruitment: Racial gaps in recruitment processes vary among companies, affecting applicants' experiences. Name Changes Impact: Name changes introduce multivariable analysis in job applications, making it harder to pinpoint rejection reasons. Humility in Leadership: Leadership humility fosters informality and mentor-mentee relationships, enhancing career success. Recent Funding Rounds in HR Tech: Companies like Sprinto, Steps Connect, and Veremark have recently raised significant funds for their HR tech solutions. JFF Ventures Fundraising: JFF Ventures, focused on education and workforce, raised $15 million in its second fund. Role of Background Check Companies: Background check companies play a crucial role in managing hiring risks and ensuring compliance, with their services expanding globally. Learn more about your ad choices. Visit megaphone.fm/adchoices