First of its kind system for real-time outplacement performance tracking and analysis takes top billing
SAN JOSE, Calif., October 2, 2017 — RiseSmart, the leading provider of contemporary career transition services, today announced that the solution it developed for corporate HR teams, RiseSmart Insight™, has been named a Top HR Product of 2017 by Human Resource Executive®. RiseSmart Insight was selected amongst a vast pool of new HR products and is the first and only outplacement solution with transparency throughout the entire process—not only improving oversight, but giving HR teams the ability to track the return on their outplacement investment. The award recognizes products based on level of innovation, ease of use and value added to the HR profession.
“Human Resource Executive has been evaluating HR products and conducting this competition for 29 years," explained David Shadovitz, editor of Human Resource Executive. "Our goal has always been to identify products and services that clearly offer value to the HR community while demonstrating innovation. We felt that RiseSmart Insight filled an unmet need for HR professionals to understand exactly what happens to their employees after a layoff, protect their employer brand, and prove ROI on their outplacement investment.”
“We’re honored that RiseSmart Insight has been recognized as a top HR product by a group as well-versed in HR solutions as Human Resource Executive,” said RiseSmart Founder, President and CEO Sanjay Sathe. “Insight was created to fill a market void by giving HR professionals transparency into what is happening with transitioning employees. Before Insight – and currently in other outplacement models -- HR professionals sent a list of impacted employees to an outside vendor through insecure channels such as email, hoping they’ll land a new job. With Insight, companies can track and analyze outplacement performance in real time and in a secure environment, helping business leaders make important business decisions quickly.”
“RiseSmart Insight is the only platform that allows employers to measure the impact of outplacement services on their employer brand and calculate the ROI on their outplacement investment,” said Shri Iyer, senior director, product management at RiseSmart. “RiseSmart’s Alumni Sentiment Rating (ASR) calculates a net score, similar to a net promoter score, making it easy for companies to view and understand the positive and negative sentiment of former employees after a layoff.”
About RiseSmart InsightTM
RiseSmart Insight is the industry’s first HCM software solution to provide HR professionals with a complete system of record for real time outplacement performance tracking and analysis. It gives HR teams visibility into all aspects of outplacement activity at their fingertips to drive business decisions and calculate ROI.
- Reporting and Analysis offers full transparency into all aspects of outplacement, including engagement and landing rates, satisfaction scores, program distribution and more. Current and actionable outplacement metrics also allows HR teams to compare their employees’ results with Bureau of Labor Statistics (BLS) data directly from the platform.
- Secure Workbench enables secure transmission of sensitive HR data, simplifies management of outplacement eligibility lists with one-touch activation capabilities and provides a collaborative workspace for centrally managing metrics, comments, and documents – all with bank-level encryption.
- Alumni Sentiment Rating (ASR) measures how former employees feel about the company and provides a view into the net promoters and detractors among alumni employees. RiseSmart’s ASR helps organizations measure their outplacement ROI while taking action to improve alumni sentiment, if necessary.
- Collaboration and Internal Communication features allow teams to ask and answer questions without leaving the platform. A chat function allows HR personnel with access to the data to add comments next to data, lists, and reports.
RiseSmart, a Randstad company, is the leading provider of contemporary career transition services for organizations in more than 40 industries and 70 countries. The first outplacement and redeployment provider to recognize, and respond to, the new Employee Relationship Economy, RiseSmart’s “beginning to beginning” approach combines dedicated career coaching and personal branding with patented technology and tools to support transitioning employees. RiseSmart partners with HR teams and provides onsite support, specialized training and secure reporting in a results-oriented approach. Founded in 2007, RiseSmart delivers landing rates exceeding 80 percent and time-to-placement 60 percent faster than national averages. The company has earned awards and recognition from more than a dozen organizations, including Bersin by Deloitte, Gartner Inc., the Brandon Hall Group and Fortune magazine. For more information, visit www.risesmart.com