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Product News

BerniePortal Introduces New Recruiting Feature to Empower Small Businesses in the War for Talent

BerniePortal   has introduced a new Recruiting feature tailored for small businesses, designed to enhance their competitive edge in attracting top talent. This feature includes API integrations with major job boards like Indeed and ZipRecru

Aug 30, 2024
Product News

Aon Advances Data and Analytics Capabilities for Human Capital Clients with Launch of Integrated Radford McLagan Compensation Database

Aon plc   has unveiled its   Radford McLagan Compensation Database,  a comprehensive platform that integrates the company's extensive compensation and talent insights across various sectors including financial services, life sciences, and t

Aug 29, 2024
Venture Capital

Tilt Raises 15M in Series B to Revolutionize Leave Management Technology

Tilt , a leader in leave management solutions, has successfully raised $15 million in Series B funding led by Bramalea Partners, with contributions from HearstLab, Firework Ventures, Origin Ventures, and Techstars. The funding will enable T

Aug 27, 2024
Company News

Alight Names Dave Guilmette as Chief Executive Officer

Alight , Inc. has announced the appointment of Dave Guilmette as Chief Executive Officer, effective immediately. Guilmette, who will retain his position as Vice Chair of the Board of Directors, succeeds Stephan Scholl. Scholl will transitio

Aug 26, 2024
Venture Capital

NYC-Based Thera Secures $4M Seed Funding to Revolutionize Global Payroll and Payments

Thera , a New York City-based payroll and payments platform, has secured $4 million in seed funding, led by Y Combinator and other prominent investors. Founded by former Amazon engineer Akhil Reddy, Thera aims to simplify global payroll man

Aug 23, 2024
Venture Capital

Avionté Fortifies Market Leadership with Strategic Acquisition of AkkenCloud

Avionté has acquired AkkenCloud , strengthening its leadership in the staffing software industry. This acquisition enables AkkenCloud clients to benefit from Avionté’s comprehensive enterprise staffing platform, which includes a full front

Aug 22, 2024
Product News

The Josh Bersin Company Launches HR Career Navigator: The World's First AI-Powered Development Coach for HR Professionals

The Josh Bersin Company has launched the HR Career Navigator™, the world’s first AI-powered development coach specifically designed for HR professionals. This platform leverages over 25 years of research combined with Eightfold’s Talent Int

Aug 22, 2024
Product News

Fama Announces New Instagram Reels as a Source Feature

Fama Technologies has introduced "Instagram Reels as a Source," a new feature in their AI-driven candidate screening platform. This innovation allows employers to analyze publicly available video content from Instagram Reels to detect workp

Aug 21, 2024
Product News

bswift Launches Emma EnrollPro: Mindful AI Revolutionizes Employee Benefits Enrollment

bswift ® , a leader in cloud-based benefits administration, has launched Emma EnrollPro, an AI-powered decision support tool designed to revolutionize employee benefits enrollment. Emma EnrollPro offers a personalized, intuitive experience

Aug 20, 2024
Company News

Paychex Launches Digital Employee Benefits Marketplace

Paychex has launched Paychex Flex® Perks, a digital marketplace offering a range of employee benefits tailored to today's diverse workforce. This integrated e-commerce platform allows employees to self-select benefits like early access to e

Aug 19, 2024
Venture Capital

CuraLinc Healthcare Secures Strategic Investment to Expand Mental Health Services

CuraLinc Healthcare, a leading provider of workforce mental health and employee assistance programs (EAP), has secured a strategic investment from Lightyear Capital, a New York-based private equity firm. This partnership aims to fuel CuraLi

Aug 12, 2024
Venture Capital

UK's CloudPay Secures $120M to Revolutionize Global Payroll with AI and Automation

CloudPay , a leading global payroll and payment solutions provider, has secured $120 million in funding led by Blue Owl Capital, with participation from existing investors Rho Capital Partners, The Olayan Group, and Hollyport Capital. This

Aug 8, 2024
Company News

Upwork Shatters Financial Records with $22.2M Net Income in Q2 2024

Upwork Inc.  (Nasdaq: UPWK), reported its financial results for Q2 2024, showcasing a robust performance with a record GAAP net income of $22.2 million and a 15% year-over-year revenue growth to $193.1 million. The company achieved a dilute

Aug 7, 2024
Company News

Netchex Launches Community: An Employee Recognition & Engagement Platform to Build Team Cohesion

Netchex has launched Community, an innovative employee recognition and engagement platform aimed at boosting morale and fostering connections within organizations. Integrated into the Netchex application, Community offers features like pers

Aug 6, 2024
Product News

NFP Launches Totalis Benefits - Life, Absence and Disability Expertise for Employers - and Welcomes Nate Schoedel to Lead It

NFP , an Aon company and a prominent broker and consultant in the insurance and benefits sector, has introduced Totalis Benefits, a new national employee benefits practice. Totalis Benefits will provide specialized expertise in life, absenc

Aug 6, 2024
Company News

TrueBlue Reports Second Quarter 2024 Results

TrueBlue reported its second quarter 2024 results, highlighting a challenging market environment marked by economic uncertainty and client caution. Revenue for the quarter was $396 million, down 17% from the previous year. The company incur

Aug 5, 2024
Company News

Paylocity Announces Fourth Quarter and Full Fiscal Year 2024 Financial Results

Paylocity announced strong financial results for Q4 and FY 2024, with notable increases in revenue and profitability. Q4 2024 saw a 16% rise in total revenue to $357.3 million and a 15% rise in recurring revenue to $324.7 million. For FY 20

Aug 1, 2024
Company News

Insperity Achieves 16% Gross Profit Growth in Q2 2024 Amid Economic Challenges

Insperity , Inc. reported strong financial results for Q2 2024, despite a slight decrease in the average number of worksite employees (WSEEs). Gross profit increased by 16% to $260 million due to strong pricing and lower benefits costs. Net

Aug 1, 2024
Company News

Paycom Reports Robust Q2 2024 Results: Revenue Growth and Strong Cash Position

Paycom   Software, Inc. reported its financial results for the second quarter of 2024, with total revenues reaching $438 million, marking a 9% increase from the previous year. The GAAP net income was $68 million, equivalent to $1.20 per dil

Jul 31, 2024
Earnings

ADP Reports Fourth Quarter and Fiscal 2024 Results; Provides Fiscal 2025 Outlook

ADP , a global leader in human capital management solutions, reported strong financial results for Q4 and fiscal 2024, with revenues increasing by 7% to $19.2 billion and net earnings rising by 10% to $3.8 billion. The company saw an 11% gr

Jul 31, 2024
Venture Capital

WorkJam Announces $20 Million Investment from Export Development Canada to Expand International Operations

WorkJam , a global leader in digital frontline workplace solutions, has secured a $20 million investment from Export Development Canada to accelerate its growth in the EMEA region. This funding will support WorkJam's efforts to equip hourly

Jul 31, 2024
Venture Capital

LightBay Capital Makes Strategic Investment in Questco, a National Leader in Outsourced HR Services

LightBay Capital has made a strategic investment in Questco, a leading professional employer organization (PEO) specializing in outsourced HR services. This partnership aims to support Questco’s growth through direct sales efforts, acquisit

Jul 31, 2024
Product News

Netchex Unveils 'Insights' -- Transforming HCM Data Effortlessly into Actionable Stories for HR & Finance Teams

Netchex has launched 'Insights,' a data platform designed to simplify data analysis for HR and Finance professionals. This tool enables users to transform raw data into actionable insights without requiring technical expertise. 'Insights' f

Jul 29, 2024
Earnings

TriNet's Q2 2024 Highlights: Revenue Growth, Strong Sales, and Positive Customer Retention

TriNet Group, Inc. reported its financial results for the second quarter of 2024, highlighting a 1% growth in total revenues to $1.2 billion and a 5% increase in professional service revenues to $186 million. The net income per diluted shar

Jul 26, 2024
Product News

Aya Healthcare Introduces LotusOne, a Complete Technology Platform to Manage External Labor and Optimize Employed Talent

Aya Healthcare , the largest healthcare talent software and staffing company in the U.S., has launched LotusOne, a comprehensive workforce optimization platform designed to enhance the management of external labor and the planning, sourcing

Jul 25, 2024
Earnings

Robert Half Reports $68M Net Income in Q2 2024 Amid Macroeconomic Pressures

Robert Half Inc. reported its second-quarter financial results for 2024, revealing a net income of $68 million, or $0.66 per share, on revenues of $1.473 billion. This reflects a decrease from the same period in 2023, which saw a net income

Jul 24, 2024
Company News

Salesforce and Workday Form Strategic Partnership, Unveil New AI Employee Service Agent

Salesforce and Workday have announced a strategic partnership to develop an AI-powered employee service agent that enhances productivity, lowers costs, and improves employee experiences. By integrating Salesforce's CRM data with Workday's H

Jul 24, 2024
Product News

Fiverr Shows Its Transformation From a Services Marketplace to a Hiring Platform With Its 2024 Summer Product Release

Fiverr is expanding its platform from a services marketplace to a comprehensive hiring solution with its new summer product release. This includes deeper AI integration with Fiverr Neo, a new professions catalog, hourly rate options, and sa

Jul 23, 2024
Venture Capital

CultureAI Secures $10M to Transform Human Risk Management in Cybersecurity

CultureAI, a leading Human Risk Management Platform, secured $10 million in Series A funding led by Mercia Ventures and Smedvig Ventures, with continued support from Passion Capital and Senovo. Despite extensive investments in security trai

Jul 19, 2024
Earnings

ManpowerGroup Q2 2024: Navigating Challenges, Showcasing Resilience with $4.5B in Revenues

ManpowerGroup reported its Q2 2024 results, revealing a 7% year-over-year decline in revenues to $4.5 billion, affected by a challenging environment in North America and Europe, yet solid demand in Latin America and the Asia-Pacific. The co

Jul 18, 2024
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