There are plenty of things that human beings can do well, but at the same time, there is little we do better than pursuing growth on a rather continuous rate. This tendency to improve, no matter the situation, has fetched the world some huge milestones, with technology emerging as quite a major member of the group. The reason why we hold technology in such a high regard is, by and large, built around its skill-set, which guided us towards a reality that nobody could have ever imagined otherwise. Nevertheless, if we dig a little deeper, it should become clear how the whole runner was also very much inspired from the way we applied those skills across a real world environment. The latter component, in fact, did a lot to give the creation a spectrum-wide presence and start what was a full-blown tech revolution. Of course, this revolution then went on to scale up the human experience through many different directions, but even after achieving a feat so notable, technology will somehow keep on bringing forth the right goods. The same has turned more and more evident in recent times, and assuming one newly-launched HRM solution ends up with the desired impact, it will only put that trend on a higher pedestal moving forward.
Circa, an HRM solutions company operating out of Milwaukee, Wisconsin, has officially teamed up with LaborIQ to leverage the latter’s compensation software solution and provide HR teams with salary answers for all occupations in the U.S. According to certain reports, the partnership will empower the concerned personnel in terms of developing proactive compensation strategies without having to shoulder the burden of a dedicated full-time position. But what factors will facilitate the stated value on a more actionable level? Well, it all kicks off, like we discussed, from those comprehensive salary answers that will let you access recommended compensation and salary ranges for 20,000 job titles by location, industry, and company size. Next up, we have in-depth pay benchmarks to compare individuals or team salaries with current and future market pay rates, while also identifying any potential pay gaps. Hold on, there is more. The resulting by-product of this partnership is further expected to include talent supply and market insights. These insights will revolve mainly around key drivers of compensation demands to help the organization build a candidate pipeline in a much quicker manner.
“By offering LaborIQ, we continue to strengthen our role in AI-powered solutions so that our clients have the support to do their jobs quickly and easily,” said Patrick Sheahan, CEO of Circa. “Adding LaborIQ to our OFCCP compliance and talent acquisition technology solutions meets a much-needed demand that Circa customers have been asking for. We’re thrilled to partner with the leader in compensation and labor market analytics to help HR professionals find and attract candidates faster, while also proactively identifying pay gaps to reduce turnover.”
Founded back in 1994, Circa has risen up the ranks by giving businesses a platform to construct high-performing teams. The company’s excellence in doing so can be understood from the fact that, so far, it has served more than 5,000 customers and developed well over 15,500 community partner relationships. Another detail worth a mention here is how Circa also, during the year 2022 alone, posted 8M+ jobs through its network of 600+ online employment websites.
Moving on to Dallas-based LaborIQ, it is best known for equipping a vast number of users with record quick answers for today’s compensation requirements, salary benchmarking, retention dashboards, and job market forecasts for every possible location in the U.S. The company is able to realize such a feat using advanced AI technology, which unlocks access to over 20,000+ job titles with customization through metrics like industry, education, experience, company size, and revenue.
“We are excited to partner with Circa, the dominant presence in Workforce Recruiting & OFCCP Compliance Solutions. LaborIQ and Circa create a critical advantage for companies who need the right answers for their talent strategies, and key resources to support their longer-range growth plans,” said Claudine Zachara, President & COO of LaborIQ.
