People’s Choice Credit Union improves talent management with Oracle HCM Cloud
People’s Choice Credit Union Gains Real-Time Insight Into Workforce Capability and Enhances Staff Experience with Oracle.
People’s Choice Credit Union (People’s Choice) is one of Australia’s largest member-owned financial institutions with more than 365,000 members. It provides award-winning home loans, credit cards, and personal and business loans to meet the needs of its members. People’s Choice aims to be the most trusted financial services provider in Australia.
Previously, People’s Choice relied on its payroll system and spreadsheets to capture data and manage the recruitment, onboarding, and performance review processes. Business leaders had limited visibility into workforce data. With rapid changes in the financial services industry, People’s Choice wanted to align staff performance, enhance staff experience, and improve its ability to attract and retain the right talent by moving to an HR cloud platform.
“Oracle Human Capital Management Cloud provided us with a consistent and transparent framework to ensure that staff performance aligned with our organizational strategy. The improved workforce data visibility also empowered leaders to make better decisions and staff to understand their contributions to the business.”
Business challenges
- Provide leaders with better visibility into staff data, such as the performance and skills of a home loan specialist, and enhance talent management by gaining a single view of existing workforce capability via a human capital management (HCM) platform
- Improve staff experience and engagement by empowering staff to easily view and manage their personal information, performance reviews, and career planning
- Enable business leaders to make better HR decisions by increasing the efficiency of creating management reports and receiving feedback on staff performance
- Support future growth by ensuring the alignment of staff performance and goals with organizational strategy
Why People’s Choice Credit Union chose Oracle
“Oracle Human Capital Management Cloud offered comprehensive features, such as position management and workforce compensation, and delivered a simple, engaging system for staff and business leaders. It was the best fit for our needs.”
—Bridget Jarman, Senior People Systems Specialist, People & Culture, People’s Choice Credit Union
Results
People’s Choice implemented a suite of Oracle HCM Cloud solutions in multiple phases. In the first phase, it rolled out Oracle Human Capital Management Base Cloud Service, Oracle Performance Management Cloud Service, and Oracle Goals Management Cloud Service—all within three months. People’s Choice then completed the full cycle of performance management five months later. The company took another two months to adopt Oracle Talent Acquisition Cloud for the recruitment and onboarding processes. People’s Choice went live with the new platform in 15 months, on time and within budget.
“Our experience with Oracle was positive. Our account manager and customer success manager were accessible and willing to assist when required,” Jarman said.
- Provided business leaders with deeper insight into workforce capability and assisted them to make faster and better decisions by enabling the HR team to rapidly create reports, such as staff performance ratings, with the reporting tool of Oracle Performance Management Cloud Service
- Empowered recruiters to instantly post job advertisements to various sources, including internal website, external website, and different job boards, with Oracle Talent Acquisition Cloud, in a fraction of the time it took previously
- Enabled the HR team to create and email employment contracts within minutes of making an offer and allowed candidates to accept the offer with digital signature
- Supported rapid deployment by adopting a flexible and intuitive Oracle HCM Cloud, which was utilized by 83% of staff within the first week of go live and publishing 2,500 goals, including operational and bonus-related goals in just 4 months
- Improved talent management by establishing a competency framework with Oracle HCM Cloud and enabling leaders to easily assess the competencies and the review ratings of their staff across all locations
- Improved staff experience by linking Oracle Performance Management Cloud Service with Oracle Goals Management Cloud Service and allowing users to easily view and track their performance history, review documents, and set development goals
- Supported business growth by allowing staff and leaders to provide anytime feedback on performance and track goal progress, encouraging ongoing conversation to assess the status throughout the year rather than just at the end of the year
- Improved HR productivity by automating the end-to-end HR processes—from recruitment and onboarding to performance and goal management—across all People’s Choice locations and allowing staff members to focus on value-added tasks
- Ensured data consistency and accuracy by integrating Oracle Human Capital Management Base Cloud Service with the third-party payroll system and providing a single repository of staff information
- Enhanced company image and candidate experience by building an engaging career site that aligns with corporate branding and attracts more talent to apply for jobs with Oracle Talent Acquisition Cloud
Partners
“Certus APAC really understood our business and provided us guidance throughout the project,” Jarman said. “The standout was their flexible and adaptable approach, helping us to make informed decisions, meet our timeline, and deliver on our strategic goals.”