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Our NEW isolved release goes live
September 13, 2024

Release v10.16 has some exciting new additions! We are working hard to provide the best tools for you and your team.

In this release:

  • Tax Calculation updates
  • Share & Perform Performance Module Enhancements

Payroll

Tax Calculation Updates

With this release, the tax calculation updates have been applied. There were several state and local rate changes. Here is a state tax change that is worthy of noting!

District of Columbia

The District of Columbia increased the employer tax rate for Paid Family Leave from .26% to .75% as of July 1, 2024. The calculation method for this tax is set to Quarterly Self-Adjust, therefore additional funds will be impounded with payrolls processed on or after 9/13. An adjustment run would need to be processed if you already ran your last payroll of the quarter.

Share & Perform

Performance Module Enhancements

Below is a list of enhancements to be made on the Share & Perform Performance Module. These should improve the usability of the software:

Block Edit Pop-Up Verbiage

Added the ability to block edits to the cycle or template once they have been used. The Edit option will still appear but the popup verbiage will be updated to the below and the “Cancel” button will be removed.

All Feedback Filter

Included praise in “All Feedback” filter in black bar to assist with comprehensive overview of information on employee being evaluated.

Sign-off Verbiage Update

Adding new verbiage to the sign-off section description: Sign-offs are an acknowledgment that the complete performance review was received and finalized. This does not mean you agree with the results of the performance review. 

Template Updates

When editing a template, you currently need to select edit and then edit again to make changes to the title, description or toggle goals/competency. This is updated so the title, description, and goals/competency are expanded upon the first edit.

Enable Section Numbers Toggle

There has been a toggle added to turn off the numbering of the template sections.

Expand All/Collapse All Toggle

Added an “Expand All” and “Collapse All” toggle to Performance Review.

Carrots to Section

Added carrot to each cycle section and added an option to expand all.

 

10.17 Sneak Peek

We are still working on new items for tentative release with v10.17. Please check the next newsletter for more information.

Platform

The following functionalities are powered by Predictive People Analytics but are available in isolved People Cloud™ at no additional cost! These can be accessed from the Report menu in Classic.

Embedded Org Chart

The Embedded Org Chart seamlessly integrates into your existing People Cloud environment, providing a holistic view of your organization’s structure without the need for external applications. The Org Chart will also be available in Adaptive Employee Experience under Personal menu.

Embedded ROI Dashboard

This new functionality empowers users with deeper insights into their return on investment (ROI) metrics, enhancing their ability to make informed decisions and drive organizational success.

Embedded KPI Dashboard

This new dashboard feature offers enhanced visibility and analytics capabilities, empowering users to make informed decisions and drive performance improvements with ease. Tailor the dashboard to meet your specific needs by selecting and configuring key performance indicators (KPIs) relevant to your organization’s objectives and priorities.

If you want to see what else Thread and isolved can do for you, contact our team today!