New updates to Oracle Fusion Cloud HCM help managers better engage and support their teamsHR Technology Conference, Las Vegas, Nevada—September 13, 2022
Extending its commitment to helping organizations improve the employee experience, Oracle has introduced a series of new updates within Oracle Fusion Cloud Human Capital Management (HCM). The new portal for team skills, performance evaluation capabilities, and an employee listening solution will help managers engage and empower teams to achieve their fullest potential.
Over the past few years, employees around the world have reevaluated their needs, and as a result, expectations for what they want from employers have changed. A steady paycheck is no longer enough; today, individuals want to work for organizations that promote work-life balance, provide career growth opportunities, and make them feel engaged and heard. A critical part of addressing these concerns is supporting the manager-to-employee relationship. According to Gallup, as much as 70% of an employee’s engagement is determined by their manager. But with managers facing evolving workplace challenges for themselves and their employees, they need better visibility and tools to understand the needs of their teams and support their success.
“Organizations and employees are demanding more of their managers than ever before. To meet these demands, these leaders need to know their teams better than anyone else in order to prevent burnout, identify skill gaps and opportunities, and provide growth and career guidance,” said Yvette Cameron, senior vice president of global product strategy, Oracle Cloud HCM. “With the latest updates to Oracle Cloud HCM, we’re giving employees a stronger voice and empowering managers with advanced visibility into their teams so they can take the actions needed to better guide their teams to success.”
The latest updates to Oracle Cloud HCM provide managers with the ability to quickly identify and close skills gaps, equitably evaluate team performance, and support their teams’ needs. Together these updates give managers the tools they need to empower their teams to deliver their best work. The updates include:
Natively built for the cloud, Oracle Cloud HCM is a complete solution connecting every human resource process from hire to retire. By connecting all employee data on a single platform, HR teams have access to a single source of truth to help inform their people strategy. To help HR teams further improve business operations, built-in AI acts as an advisor to help analyze workforce data and surface recommendations.
“The best models for implementing a positive employee experience start at the top with full buy-in from C-level executives, but to be successful these programs need active participation from managers at all levels. Where many of these programs fall short is when managers don’t have the insights they need to fully support each of their employees individually,” said Holger Mueller, vice president and principal analyst, Constellation Research, Inc. “These updates in Oracle Cloud HCM demonstrate a commitment to helping organizations overcome the challenges they are facing as employee expectations shift around the world.”
To learn more about how Oracle Cloud HCM is empowering managers to elevate the employee experience, please visit: https://www.oracle.com/ca-en/a/ocom/docs/applications/hcm/emet-thought-leader-solution-brochure.pdf
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