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Why the ELMO (ASX:ELO) share price will be on watch this morning

Why the ELMO (ASX:ELO) share price will be on watch this morning Aaron Teboneras | May 3, 2021 9:29am | More on: Image source: Getty Images ELMO Software Ltd(ASX: ELO) shares will be in focus today after the company announced it has launched another new product. At Friday’s close, the ELMO share price finished the week at $5.70. Let’s take a closer look at what the cloud-based human resources and software solution provider announced.  New module launch ELMO shares could be on the move today as investors digest the company’s latest new release. Developed in collaboration with the University of Technology Sydney, the module uses artificial intelligence to predict employee behaviour. This includes identifying such things as a high-performing employee who might represent a ‘flight risk’.

iTWire - Predictive People Analytics foretells employee flight risk

iTWire Monday, 03 May 2021 13:03 Predictive People Analytics foretells employee flight risk Shares Predictive People Analytics module, a collaboration between Elmo Software and the University of Technology, Sydney, provides businesses a combination of artificial data intelligence and machine learning to help human resources and payroll professionals understand an organisation’s workforce and predict which positions are prone to vacancy. Businesses can now gain invaluable workforce insights to help prevent top quality employees from resigning through a development “that combines artificial intelligence and machine learning with human resources data.” Elmo Software’s Predictive People Analytics module provides employers with fresh insights regarding the company’s workforce, specifically “employee flight risk.”

iTWire - IT workers more likely to be looking for new jobs

iTWire Friday, 23 April 2021 17:09 IT workers more likely to be looking for new jobs Shares The Elmo Employee Sentiment Report shows that workers in the information, media and technology (IMT) industry are twice as likely to be actively looking for a new job – inside or outside their current employer – than those in other industries. Furthermore, those IMT workers are twice as likely to be looking for that new role outside their current company (46%) as they are to be looking internally (24%). More generally, 34% of Australian workers feel burnt-out (compared with 19% among IMT workers), possibly because 25% of them took on more responsibility at work in the first quarter of 2021.

Kiwi workers upbeat about their jobs and industry - survey

Kiwi workers upbeat about their jobs and industry - survey
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