Paylocity’s New Products Aim at Culture, Engagement, Retention

▤ Summary

Paylocity launched two new products, Recognition & Rewards and Employee Voice, to tackle efforts designed to improve culture and engagement and boost recruiting and retention. Employee Voice builds on Paylocity’s existing AI capabilities to combine technology and scientific principles on top of a proprietary statistically validated engagement model. Employers can use it to automatically delve into employee sentiment, with the resulting data and insights helping executives and managers to identify key drivers of engagement. The Market Pay product provides data in real time, within the Paylocity platform. At the same time, the company extended its generative AI capabilities to help create “compelling and compliant” job descriptions.

▦ Linked Companies

Paylocity

$1B+