Technology

PaperCut: How to assess the performance of your hybrid workforce

Published

2 years ago

February 29, 2024

PORTLAND, Ore., Feb. 29, 2024 /PRNewswire/ — Laura White, PaperCut Head of Talent, provides industry insights:

The Covid-19 pandemic pushed hybrid working into the mainstream, and it looks like the trend is here to stay. While employees are slowly starting to return to office, many prefer to continue working from home for at least part of the week.

I felt deeply during Covid that we were going to swing back to office work very quickly. But people have built their life on being at home five days a week for about two years. They’ve moved away, there are cost of living rises and family care for children to consider, so employers must manage the expectations of how feasible that is.

But with traditional talent evaluation based on visibility and performance, how can organizations assess their employees’ commitment and leadership in a hybrid working environment?

Understanding the challenges

According to my colleague Caz Butcher, Global Head of People and Culture at PaperCut, one of the key challenges in a hybrid working environment is employee engagement. For a global organization like PaperCut, it’s important not only to connect people with their direct team but across functions as well.

“The engagement element is about how you share knowledge and bring people together – getting people aligned outside of individual teams is a big thing,” Caz says. “If your business is growing, you need to build those foundational elements of communication and connection when people are new. That’s much harder in a global and hybrid business, so things take longer, and your expectations might need to change.”

Particularly when organizations have employees around the world and across time zones, effective communication is critical to ensuring everyone is on the same page. “From the business perspective, it’s how you communicate your strategy, your purpose, and your values so that it lands, even though people are all working at different times,” Caz says.

From performance reviews to feedback loops

While the move towards remote work has accelerated since the pandemic, a broader shift was already taking place in how companies review and assess talent. There was a school of thought that was evolving prior to hybrid: some people are throwing out the annual review process altogether and instead having more regular feedback though consistent check-ins.

Because hybrid working has limited face-to-face time between managers and direct reports, this has impacted on the ability to provide immediate feedback and to ensure people are prioritizing the right work. Says Caz: “Feedback is always difficult but it’s even harder over a virtual meeting. In a global hybrid business, giving feedback is something you really have to work at.”

In a hybrid environment, managers may also be at home for much of the week – forcing a change to their approach to assessing performance. They rely on a lot of virtual connection with the team, measuring output through deliverables and milestones, and really optimizing their time when they do come into the office.

For many organizations, this has actually led to a more structured approach to feedback. PaperCut is working on putting systems in place such as 360-degree feedback surveys to determine a more holistic performance rating. With hybrid working, businesses need to be more intentional in creating feedback because they can’t just grab someone at any time of the day in the office and have a chat.

Nurturing talent in a hybrid environment

Although hybrid working has become commonplace, not all workers are impacted equally. There’s a combination of lifestyle and economic factors that make it easier for senior leaders to come into the office more often. They’re more likely to live closer to the city because they can afford it; they may be older and have children already at school, so care isn’t as big of an issue.

In fact, people seeking remote-only roles will find themselves competing among the highest level of job applications – putting them at an immediate disadvantage for career opportunities. But even employees who are in the office only part of the week run the risk of being less visible than their peers, which is a more significant issue for those who are in junior positions or new to the business.

Work is still very much a relationship-driven environment. The more junior you are in your career and the newer you are in your organization, the more time you realistically need to spend in the office, to build up those capabilities and contacts.

But employers can take steps to nurture hybrid talent through coaching and mentorship programs that connect workers with more senior team members. If you have relationships at all levels, then you have multiple people looking out for you. That must be more prevalent in this environment because we don’t learn by osmosis from having people around us every day like we used to.

The next generation of hybrid workers

So where is hybrid work headed? A generational shift is also underway as Millennials start taking on senior management roles and Gen Z move up in the workforce. The greater role played by younger talent is driving a change in attitudes towards both work and technology.

Young people understand that you can stay highly connected without being face-to-face. At the same time, they’re requesting more flexibility than any previous generation. They’re forcing us to adapt to their needs because we already have a talent shortage, and we don’t want to lose out on great talent.

As the baton for executive leadership is handed between generations over the coming years, we’re likely to see a greater push for new models of talent evaluation. I think we have an opportunity to evolve how we assess the quality of someone’s output.

We’ll get better at understanding that just because you can’t see someone physically, doesn’t mean they aren’t a huge asset to the organisation – and therefore would be great for promotion or leadership position or investment in their development.

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SOURCE PaperCut Software

Technology

Bloomberg Introduces Spread-to-Benchmark Quoting for EUR and GBP Portfolio Trading Baskets

Published

14 hours ago

June 2, 2026

LONDON, June 2, 2026 /PRNewswire/ — Bloomberg today announced the launch of Spread-to-Benchmark quoting and trading for Euro (EUR) and Sterling (GBP) denominated portfolio trades through its Portfolio Trading Basket Builder (PTBB). The new functionality expands the range of quoting protocols available for European credit portfolio trading and reflects growing client demand for spread-based execution workflows, alongside increased dealer support for the convention across EUR and GBP markets.

Spread-to-Benchmark quoting is a well-established protocol for USD credit portfolio trades and is used by market participants to evaluate and execute portfolio trades. By extending this workflow to EUR and GBP portfolio trades, Bloomberg enables clients and dealers to transact using a familiar spread-based methodology across additional credit markets.

The introduction of Spread-to-Benchmark quoting for EUR and GBP baskets reflects increased client interest in evaluating portfolio trades through a spread-based lens and the growing adoption of spread-based execution workflows in European credit markets. The workflow provides market participants with an additional framework for assessing the relationship between credit spread risk and underlying government bond yields when pricing and executing portfolio trades.

Additional Workflow Flexibility 
The workflow complements Bloomberg’s existing portfolio trading capabilities, which support the full range of market-standard quoting conventions, including Price, Yield, Spread-to-Benchmark and Spread based workflows that reference Bloomberg’s evaluated pricing service (BVAL). This gives clients flexibility to compare and execute portfolio trades using the quoting methodology that best aligns with their investment objectives, execution preferences and internal risk management processes.

“European credit clients continue to look for execution workflows that reflect how they evaluate risk and monitor portfolio trading outcomes,” said Harry Street, Global Head of Credit and Equities Trading Product at Bloomberg. “By expanding dealer support for Spread-to-Benchmark quoting for EUR and GBP baskets, Bloomberg is broadening the range of workflow options available to clients trading European credit portfolios.”

“Portfolio trading workflows in fixed income continue to become more sophisticated as institutional investors look for ways to evaluate execution quality in changing market conditions,” said Kevin McPartland, Head of Market Structure & Technology Research at Crisil Coalition Greenwich. “Spread-based quoting helps market participants more clearly distinguish between the impacts of credit spread and underlying rates movements when determining how best to execute a portfolio trade.”

Bloomberg’s Electronic Markets solutions are used by leading financial institutions to trade efficiently in over 175 markets around the world. More than 9,000 client firms use Bloomberg Electronic Markets to access industry-leading depth and breadth of liquidity across asset classes from over 800 dealers globally. Bloomberg Electronic Markets provides market participants with comprehensive solutions across the trading lifecycle, including robust price transparency, analytics, automation and execution, powered by Bloomberg’s high-quality, multi-asset class data and tools.

About Bloomberg
Bloomberg is a global leader in business and financial information, delivering trusted data, news, and insights that bring transparency, efficiency, and fairness to markets. The company helps connect influential communities across the global financial ecosystem via reliable technology solutions that enable our customers to make more informed decisions and foster better collaboration. For more information, visit Bloomberg.com/company or request a demo.

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SOURCE Bloomberg L.P.

Technology

Dr. Sunho Kang, a senior battery-technology executive with leadership experience at major global battery and EV manufacturers, joins TeraWatt Technology as Head of Product and Technology

Published

14 hours ago

June 2, 2026

SAN FRANCISCO, June 2, 2026 /PRNewswire/ — TeraWatt Technology Inc. (Headquartered in California, USA) is pleased to announce that Dr. Sunho Kang has joined the company as Head of Product and Technology.

Dr. Kang is a globally recognized battery-technology executive with more than 25 years of leadership experience spanning the United States, Asia, and Europe, and a distinguished track record of advancing innovations from laboratory research through gigafactory-scale production. He has held senior executive positions at world-leading organizations including Samsung SDI, Apple, and Volkswagen Group of America, and brings deep expertise in lithium-ion battery materials, cell engineering, and product industrialization across a broad range of applications, including electric vehicles and energy storage systems.

At TeraWatt, Dr. Kang will lead global product development and the commercialization of TeraWatt’s battery technology platform, aiming to accelerate the delivery of TeraWatt’s competitive products as well as the technology and commercialization roadmap including manufacturing scale-up.

Dr. Kang commented:

“I am thrilled to join TeraWatt Technology as Head of Product and Technology. TeraWatt’s innovative battery platform presents a tremendous opportunity to push the boundaries of lithium-ion technology, and I look forward to working with the team to accelerate product development and commercialization to deliver meaningful impact.”

TeraWatt Technology founder CEO Ken Ogata, Ph.D. commented:

“We are thrilled to welcome Dr. Kang as our Head of Product and Technology. His deep expertise in battery materials, cell engineering, and productization will be instrumental in accelerating TeraWatt’s product roadmap and technology leadership. Together with Dr. Kang, we will continue to drive our mission forward.”

About TeraWatt Technology Inc.
TeraWatt Technology Inc. is a California-based company that produces lightweight, high-power, and safe next-generation lithium-ion batteries.

Company Overview
Name: TeraWatt Technology Inc.
Representative: Co-founder and CEO Ken Ogata
Headquarters: 28 Geary St, Suite 650, San Francisco, CA 94108, United States
Founded: January 2020
Established: December 2019
URL: https://www.terawatt-technology.com/

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SOURCE TeraWatt Technology Inc.

Technology

Tencent Cloud and Soniox Announce Strategic Partnership: Combining Advanced Speech-to-Text (STT) Technology with Global Real-Time Infrastructure

Published

14 hours ago

June 2, 2026

HONG KONG, June 2, 2026 /PRNewswire/ — Tencent Cloud, the cloud business of global technology company Tencent, today announced a strategic partnership with Soniox, a San Francisco-based speech AI company that specializes in developing high-accuracy, low-latency speech AI solutions. The collaboration integrates Soniox’s speech-to-text (STT) technology with Tencent Cloud’s Real-Time Communication (TRTC) enterprise-grade global infrastructure, enabling enterprises to build and deploy multilingual voice AI applications across 200+ countries and regions.

Elevating Enterprise Voice AI at a Global Scale

In enterprise voice AI deployments, latency directly affects user experience and application reliability. The integration of Soniox’s high-accuracy, low-latency STT with TRTC’s global transmission infrastructure reduces latency across the entire pipeline, creating a comprehensive end-to-end solution for enterprises deploying conversational AI applications worldwide.

Soniox is the voice platform for every language. Unlike legacy speech AI, which was built primarily for English-speakers, Soniox delivers native-speaker accuracy across 60+ languages. Its technology can handle mid-sentence language switching — a user can switch between English and Chinese in a single utterance, and Soniox will capture every word with complete accuracy. All of this works through a single API that works for both speech-to-text and text-to-speech.

By integrating TRTC, the partnership leverages an enterprise-grade real-time communication backbone featuring more than 3,200 global nodes, sub-300 ms worldwide latency, and advanced capabilities such as AI noise suppression and weak-network resilience. These capabilities enable conversational AI applications to operate reliably across diverse network environments, including regions such as Southeast Asia and Africa.

With the roll out of this partnership, developers can integrate the Soniox STT API directly within the Tencent Cloud console. Whether targeting English-speaking markets or supporting languages such as Arabic, Hindi, and Malay, enterprises can build global voice applications — including intelligent customer service, voice assistants, real-time translation, and meeting transcription — to address the demands of expansion into emerging markets and multilingual scenarios.

Wison Xie, Head of Product at Tencent RTC, stated: “Tencent RTC has always been committed to providing reliable real-time communication infrastructure for global enterprises. Our partnership with Soniox brings together our strengths in enterprise-grade audio transmission and Soniox’s advanced speech recognition technology. Together, we are making it easier for businesses to deploy accurate, low-latency voice AI applications across any language and any market.”

Klemen Simonic, CEO at Soniox Inc., stated “At Soniox, our mission is to help businesses understand every word, in any language, with native speaker accuracy and exceptional speed. Partnering with Tencent Cloud combines our speech AI with world-class real-time infrastructure, enabling enterprises to build voice AI experiences that scale globally with low latency and reliability.”

About Tencent Cloud:

Tencent Cloud, one of the world’s leading cloud companies, is committed to creating innovative solutions to resolve real-world issues and enabling digital transformation for smart industries. Through our extensive global infrastructure, Tencent Cloud provides businesses across the globe with stable and secure industry-leading cloud products and services, leveraging technological advancements such as cloud computing, Big Data analytics, AI, IoT, and network security. It is our constant mission to meet the needs of industries across the board, including the fields of gaming, media and entertainment, finance, healthcare, property, retail, travel, and transportation.

About Tencent RTC:

Tencent RTC provides real-time communication solutions, including audio/video calling, live streaming, and in-game voice. With enterprise-grade security, AI-powered enhancements, and a global network of over 3,200 nodes, Tencent RTC powers mission-critical communication for customers worldwide.

About Soniox:

Soniox is a next-generation voice AI company bringing about the end of English-first speech AI. Most people on the planet did not grow up speaking English and often mix languages mid-sentence; and yet legacy speech AI was built for just English. Soniox is different: native-speaker accuracy across 60+ languages, true mid-sentence language switching, and flawless alphanumeric recognition that legacy providers still can’t match. For developers building global apps, Soniox is the only option. Try it for yourself at soniox.com.

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SOURCE Tencent Cloud