Ventana Research Presented on Maximizing the Value of Compensation for Diversity and Talent Management at PeopleFluent Global User Conference WISDOM 2016
CEO and Chief Research Officer Mark Smith Led Breakout Session on Best Practices for Ensuring Organizations are Compensating Fairly and in Compliance with Diversity Requirements
WALTHAM, Mass. – April 19, 2016 – PeopleFluent®, a leading human capital management technology company, today announced discussion highlights from the company’s global user conference WISDOM 2016 breakout session “Maximizing the Value of Compensation for Diversity and Talent Management,” featuring CEO and Chief Research Officer Mark Smith at Ventana Research. Smith presented on how proactive compensation management can support compliance and inclusion initiatives, such as ensuring organizations are compensating fairly and in compliance with diversity requirements, including gender and race.
Smith presented findings that show in order to be truly successful in supporting these initiatives, compensation needs to be available to and managed by finance, and it should provide the team the information it needs to execute on financial governance initiatives, performance processes, and overall workforce planning and analytics needs. Smith also discussed how compensation management should provide availability to workers through total compensation statements that represent what an organization is compensating and what an employer is providing to workers. The interactive session offered insight into the new generation of requirements for compensation management, and why organizations will be at significant risk without a dedicated system that can meet a broad set of needs and also be integrated with their financial and talent management processes.
Mark Smith, CEO and Chief Research Officer at Ventana Research, is an industry veteran with more than 23 years of experience. In his current role, he is responsible for the overall direction of Ventana Research and drives the global research agenda, covering both business and technology areas. He defined the blueprint for Information Management and Performance Management as the linking together of people, processes, information and technology across organizations to drive effective results. Mark has held CMO, product development and research roles at companies such as SAP, META Group, Oracle and IRI Software and has experience across a vast array of industries.
PeopleFluent, the leading total workforce HCM technology company, redefines Talent Management with an innovative Talent Engagement Cloud that is built around people and not HR processes. By deeply integrating pervasive video, strategic analytics and collaborative social technologies into its complete suite of Talent Management applications, PeopleFluent redefines employee engagement to address productivity loss and diminished financial results due to an increasingly disengaged workforce. With PeopleFluent, companies can change at the speed of business without costly IT interventions through intuitive, highly configurable software that is built upon the right data. Spanning across an organization’s entire global workforce with one talent cloud, PeopleFluent equips leaders with the meaningful talent data and strategic analytics necessary to make better business decisions.
PeopleFluent has worked with over 5,100 organizations in 214 countries and territories to engage employees to drive better business results. Today, 80 percent of the Fortune 100 relies on PeopleFluent as part of their talent management delivery strategy, helping them successfully achieve their talent aspirations.
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