Ceridian Launches Dayforce Alumni Network for Enhanced Talent Pool
Ceridian HCM Holding Inc., a global leader in human capital management technology, has unveiled the Dayforce Alumni Network, a new solution that enables organizations to connect with employees even after they leave the company.
Addressing the Need for Diverse Talent Pools
In today's dynamic labor market, organizations require innovative approaches to communicate and engage with diverse talent pools. Ceridian's 2023 Executive Survey revealed that 86% of global business leaders find employee alumni networks successful in filling labor and skills gaps. The Dayforce Alumni Network aims to tap into this opportunity by extending Dayforce functionality to departing employees, expanding talent pools, facilitating instant hiring of vetted talent, and nurturing alumni through a trusted communication channel.
Announcement at INSIGHTS 2023 Conference
The launch of the Dayforce Alumni Network was announced at the company's annual customer conference, INSIGHTS 2023, held in Las Vegas. The conference, centered around the theme "A Brand New Dayforce," provides attendees with sessions and experiences to drive success. Ceridian also revealed plans to unify its brand to Dayforce, effective from January 2024.
Benefits for Organizations and Alumni
According to Joe Korngiebel, Chief Product and Technology Officer at Ceridian, the Dayforce Alumni Network allows organizations to access a previously untapped talent pool of individuals who are already familiar with the company's culture and operations. Alumni can engage with their former employers, access self-service functionalities, and opt-in to receive relevant communication, including job openings, company news, pension information, charitable giving, and alumni networking.
Part of the Talent Exchange within Dayforce Exchange
The Dayforce Alumni Network is an integral part of the Talent Exchange within Dayforce Exchange, which is an open marketplace extending the Dayforce experience across applications, data, content, and the workforce. This allows organizations to scale their workforce based on business needs while providing flexibility for workers. Dayforce Alumni Network is available to Dayforce customers and can be further activated through shift marketplaces like Ideal Talent.
In conclusion, the Dayforce Alumni Network offers organizations a valuable tool to maintain connections with former employees, expand talent pools, and foster ongoing engagement. This innovative solution aligns with the evolving needs of the labor market and provides mutual benefits for organizations and alumni alike.
Impact of Ceridian's Dayforce Alumni Network on New Businesses
Ceridian's launch of the Dayforce Alumni Network could revolutionize the way new businesses approach talent management. In today's dynamic labor market, maintaining connections with former employees and leveraging their skills and experience can be a key strategy for filling labor and skills gaps.
Expanding Talent Pools
For new businesses, the Dayforce Alumni Network offers an innovative approach to expanding talent pools. By extending Dayforce functionality to departing employees, businesses can tap into a previously untapped talent pool of individuals who are already familiar with the company's culture and operations.
The announcement of the Dayforce Alumni Network at the INSIGHTS 2023 Conference underscores Ceridian's commitment to driving success for its customers. For new businesses, this innovative solution offers a valuable tool to maintain connections with former employees, expand talent pools, and foster ongoing engagement.
Aligning with Evolving Labor Market Needs
In conclusion, the Dayforce Alumni Network aligns with the evolving needs of the labor market and provides mutual benefits for organizations and alumni alike. By offering a flexible and scalable solution to workforce management, Ceridian is empowering businesses to navigate the complexities of the modern business environment and drive success.