Paycor unveils modern HCM functionality for
streamlining workforce management across diverse staffing
solutions
CINCINNATI, Nov. 16,
2023 /PRNewswire/ -- Paycor HCM, Inc. ("Paycor")
(Nasdaq: PYCR), a leading provider of human capital management
(HCM) software, today announced new HR functionality enabling
leaders to better manage their complete workforce, including
independent contractors, seasonal workers, volunteers and more.
With this cutting-edge addition, Paycor empowers its customers to
efficiently manage individuals, regardless of who initiates their
paycheck. By consolidating the complete workforce within a single
platform, leaders can seamlessly handle billing, generate workforce
rosters, and enhance team engagement.
In today's dynamic market, there's a surging demand for
non-traditional work arrangements. This growing category of workers
has become increasingly common in many key industries, and includes
nurses, contractors, temporary employees, seasonal workers, and
volunteers. In fact, according to McKinsey's American
Opportunity Survey, 36% of respondents, or 58 million Americans,
are independent contractors, an increase of 9% from seven years
ago. Non-traditional employees are typically managed through
agencies that directly pay workers and subsequently bill the
employer. With this new functionality, Paycor is streamlining
processes for leaders to effectively manage their entire staff.
"Paycor is focused on making the management of workers more
efficient so leaders can focus on key elements that drive business
performance and employee development," said Ryan Bergstrom, Chief Product Officer at Paycor.
"Paycor customers will be able to easily manage their complete
workforce from hire to retirement, receiving greater insights and
allowing for more accurate reporting and billing. As a flexible HCM
provider, we are committed to accommodating all types of workers
that our customers leverage in an ever-evolving workforce."
Whether overseeing operations or maintaining compliance-related
records via a comprehensive Forms and Document library, Paycor has
enhanced its HCM suite to provide comprehensive support for all
worker types, enabling customers to gain a holistic view of all
workers within their organization.
To learn more about all the features available in HCM Cor, visit
Paycor.com/HRSolutions.
About Paycor
Paycor's human capital management (HCM)
platform modernizes every aspect of people management, from
recruiting, onboarding, and payroll to career development and
retention, but what really sets us apart is our focus on leaders.
For more than 30 years, we've been listening to and partnering with
leaders, so we know what they need: a unified HR platform, easy
integration with third party apps, powerful analytics, talent
development tools, and configurable technology that supports
specific industry needs. That's why more than 30,000 customers
trust Paycor to help them solve problems and achieve their goals.
Learn more at paycor.com.
Paycor Media Relations:
Carly Pennekamp
513-954-7282
PR@paycor.com
Paycor Investor Relations:
Rachel White
513-954-7388
IR@paycor.com
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SOURCE Paycor