Paylocity Holding (PCTY) Rolls Out New Product Features

By Dan Anderson • Jul 10, 2020
  • Paylocity Holding Corp (NASDAQ: PCTY) — a leading provider of cloud-based HR and payroll software solutions — announced it launched new COVID-19 Return to Work products

Paylocity Holding Corp (NASDAQ: PCTY) — a leading provider of cloud-based HR and payroll software solutions — announced recently that it has launched new COVID-19 Return to Work products to help businesses and employees navigate the unprecedented complexity of re-opening and re-energizing the workforce.

Paylocity has launched several new product features and resources to keep employees safe while ensuring business continuity. And even as organizations return to work, social distancing requirements and contactless processes will be the new normal. In order to help organizations keep employees safe while complying with CDC guidelines, Paylocity launched the following features:

1.) Mobile attestation – Paylocity’s new mobile attestation prompt enables employers to configure their punch-in prompt whether it is punch-in is on kiosks, web, portal or mobile. And Paylocity asks employees if they are feeling specific COVID-19 symptoms before clocking-in to maintain safe work environments. Based on responses, employees can clock-in normally or not be able to clock-in and their manager will be notified.

2.) Mobile photo punch – The platform’s mobile punch now features photo capture, which allows employees to use their mobile devices to take photos as they punch in for their workday. And managers and administrators can review photos on time cards and in the punch photo gallery to ensure the correct person is clocking in.

3.) Time & labor scheduling reinforcement – Administrators can now manage shift capacity to abide by CDC social distancing guidelines. And Paylocity’s platform enforces limits on staff, start and end times and employee availability.

The new tools within the Paylocity platform help clients implement a seamless recruiting and onboarding process as they seek new candidates or bring back furloughed employees. And with the Recruiting and Onboarding modules, organizations can launch virtual rehire events by automatically changing the status of furloughed employees and inviting past employees to submit applications for rehire.

Clients can also easily invite candidates to apply for specific jobs, aiding in expanding talent pools. And to expedite the onboarding process for rehires, Paylocity rolled out geolocation enhancements to immediately validate state and local taxes based on employees’ home and work addresses.

The enhanced module — which is powered by Paylocity’s Learning Management System (LMS) — also offers auto-assigned training courses on company policies/procedures. And Paylocity offers engagement surveys for new hires to keep them engaged and informed during their onboarding process. Employers are able to gauge new hires’ feedback and engagement during the onboarding process through the Utilization Dashboard.

While the pandemic continues to cause financial stress for organizations, Paylocity eases the burden through its updated labor cost dashboard. The dashboard’s expanded features provide insights on labor cost and overtime trends on a monthly, quarterly, and yearly basis.

Paylocity launched new resources, toolkits, and training to keep employees connected, inspired, and productive during a time where engagement looks different. And with new Survey templates for soliciting employee feedback and Journal templates for assisting with virtual performance management, Paylocity facilitates ongoing communication among workforces.

In order to support remote engagement for managers, Paylocity also launched new courses within its LMS – including keeping virtual employees engaged and collaborating in virtual meetings.

In addition, new courses around mindfulness and managing stress are now available in the LMS. And managers and employees can stay connected in real-time through Community, Paylocity’s tool for improving and maintain employee engagement and communication.

Plus Paylocity offers toolkits, webinars, and podcasts available to organizations looking for guidance on recruiting, rehiring and engaging employees in today’s landscape.

Key Quote:

“The future of the workplace looks vastly different than it did a few months ago, and it’s crucial that organizations rethink the way they recruit, rehire, and engage their workforces. Our new solutions and educational resources will help organizations meet employee expectations for safe and flexible work environments.”

-Paylocity CEO Steve Beauchamp