December Product Updates: Ethnicity and Custom Fields
December 22, 2022
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Introducing support for custom fields, and ethnicity, which employers can use to track progress on initiatives such as DEIB.
This month’s updates include support for custom fields, which unlocks a multitude of use cases, and ethnicity, which employers can use to track progress on initiatives such as DEIB.
Custom fields unlocks edge cases
Custom fields has consistently been one of our most requested features with a multitude of use cases, ranging from capturing employee t-shirt sizes, to recording eligibility for fringe benefits, to storing data such as variable compensation targets. Finch defines custom fields as fields created by employers which do not yet exist in the system, and we’re happy to announce that custom field support is now available for the following systems with expanded availability across more platforms later next year:
ADP Workforce Now
Paylocity (support for both credential & API auth)
Zenefits (support for both credential & API auth)
While the range of data in these fields can vary, we already see multiple use cases leveraging common fields to drive a better employer experience.
Compensation management platforms gather variable compensation and OTE to build more comprehensive compensation benchmarks for roles that are commission based.
Learning management systems use education and certification data to recommend various training modules that better fit the skill levels of each individual employee.
Benefits administrators review benefits selection data to better understand utilization across an organization.
Expense managers track travel and expense (T&E) allowances and build approval flows when spend exceeds those amounts with minimal manual input.
Performance management systems match project data with goals and internal objectives to identify key stakeholders across the team.
Ethnicity data provides insight into organizational diversity
Ethnicity is a valuable datapoint that organizations aim to track to provide leadership and HR teams insights into workplace metrics such as diversity, hiring (recruitment, applications, interviews, and job offers), compensation, performance, and employee engagement. And now, it is also a field that is supported by Finch in the following HRIS systems:
ADP Workforce Now
Similar to custom fields, developers use ethnicity data to deliver deeper insights into an organization. Here are a few use cases that benefit from the additional granularity Finch provides:
Compensation management platforms layer on ethnicity data to equity of compensation across an organization and identify potential biases.
DEIB solutions track ethnicity across the entire organization, departments, and individual teams to hold hiring managers accountable to targets.
Performance management systems monitor ethnicity and compare it against career development to gain insight into equitable career growth paths and potential biases within teams.