Fuel50’s Ability to Improve Employee Engagement and Retention Is Highlighted in New HCM Technology Industry Report
New York, NY (PRWEB) June 06, 2016 -- Fuel50, a career pathing solution that drives individual employee engagement and enriches the entire workforce, was named a “next-generation solution” within talent management.
Fuel50’s career pathing was prominently included in the 2016 Employee Engagement Vendor Brandscape Report™ and recognized for its proven ability to drive employee engagement within an emerging HCM technology category valued at $74.3 billion.
The industry report said of career pathing and its ability to improve employee engagement: “… career pathing remains a rarity in many organizations. With its U.S. base in Los Angeles, Fuel50 has built a software platform that activates career pathing and has demonstrated giant leaps in employee engagement scores among clients.”
“Career pathing has a high potential to impact employee engagement, and we see talent management platforms increasingly adopting career pathing point solutions like Fuel50 that significantly move the needle on employee engagement and retention,” said Steve Smith, partner at The Starr Conspiracy and one of the authors of the brandscape.
Fuel50 is the 2015 winner of the prestigious Gold Award for Best Advance in Career Management or Planning Technology in the 2015 Brandon Hall Group Excellence in Technology Awards for its career pathing software.
Fuel50 was recognized for its work with Z Energy, a New Zealand-based company that supplies fuel to retail customers and large commercial customers. After engagement data analysis indicated that career development needed to become a key area of focus, Z Energy partnered with Fuel50 to create a shift in personal career ownership among employees and give them greater insight into “what’s in it for them.” After three years of helping map out potential career paths for employees and tailoring individual support for leaders, Z Energy increased engagement from 66 percent to 78 percent and also experienced increased equity value, return of capital employed, and a 34 percent increase in Net Promoter Score (NPS).
“We believe that any talent platform that hopes to improve employee engagement should include Fuel50 to provide a proven career pathing solution,” said Anne Fulton, CEO and co-founder of Fuel50.
Fuel50 held a unique position in the 2016 Employee Engagement Vendor Brandscape Report™ by being named one of the few solutions that effectively improves engagement and retention outside of rewards and recognition, wellness, or analytics.
About Fuel50
Fuel50 is a career pathing solution that helps organizations inspire employees and increase engagement, retention, and productivity. Our data-rich, science-based career solution empowers employees and organizations to better match talents with workforce needs in an agile way. Fuel50 is the only solution that helps employees find greater fulfillment in their work while creating agile, proactive organizations capable of answering any talent or business challenge.
Anne Fulton, Career Engagement Group, +1 2137006884, [email protected]
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