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Company News

Announcing Our 2024 Workday Partner Innovation Award Winners

These awards honor select services and software partners for their commitment to our customers’ success, demonstrated by their innovative extensions of Workday solutions. Read on to learn this year’s winners. In this article we discuss: Wor

May 1, 2024
Earnings

ADP's Q3 Report: Analyzing the Impact of Strategic Investments and Client Growth

ADP reported a robust fiscal third quarter for 2024 with significant growth across key financial metrics. Revenues rose by 7% to $5.3 billion, driven by solid performance in both Employer Services and PEO Services. Net earnings increased by

May 1, 2024
Earnings

Insperity Q1 2024 Earnings: Strong Performance Despite Economic Slowdown

Insperity, Inc.   reported its Q1 2024 financial results, highlighting a 4% increase in gross profit to $345 million, driven by strong pricing and favorable benefits costs, despite a 1% decrease in average worksite employees paid. Net incom

May 1, 2024
Product News

Phenom Releases Massive Wave of HR Tech Innovation: Talent Experience Engine, Next-GenAI Agents, New Platform Experiences, and Updates for Talent Acquisition and Talent Management

Phenom has unveiled a significant update to its HR tech offerings during the IAMPHENOM 2024 Product Innovation Keynote in Philadelphia. The update introduces several new features aimed at enhancing talent acquisition and management. These i

Apr 26, 2024
Earnings

TriNet Announces First Quarter 2024 Results

TriNet Group, Inc. reported its Q1 2024 financial results, highlighting a modest revenue increase to $1.3 billion and a 4% growth in professional service revenues. Despite challenging economic conditions, the company achieved a net income o

Apr 26, 2024
Venture Capital

Handl Health secures $2.5M in Seed Funding to drive innovation for the employer-sponsored benefits ecosystem

Handl Health , an innovative AI platform designed to assist benefits consultants in creating affordable health plans, announced a successful $2.5 million Seed funding round led by Mucker Capital and Everywhere VC. The company aims to transf

Apr 25, 2024
Product News

Perceptyx Launches Activate, HR’s Missing Link Between Employee Insight and Impact

Perceptyx has unveiled "Activate," a groundbreaking AI-powered platform, merging insights from employee feedback with actionable strategies through behavioral science. This solution integrates the expertise of Humu into Perceptyx's offering

Apr 24, 2024
Venture Capital

401GO Raises $12M Series A to Fuel Next Phase of Growth

401GO , a fintech company specializing in modern retirement solutions, has successfully secured $12 million in Series A funding led by Next Frontier Capital, with participation from Rally Ventures, Impression Ventures, and Stout Street Capi

Apr 23, 2024
Venture Capital

ShiftMed Acquires CareerStaff Unlimited MSP to Expand Leading Digital On-Demand Nursing Platform

ShiftMed, a leader in on-demand workforce technology, announced the acquisition of CareerStaff Unlimited from Genesis HealthCare. This move expands ShiftMed's digital healthcare staffing capabilities and includes a seven-year exclusive agre

Apr 22, 2024
Product News

Workhuman Revolutionizes Workplace Insights, Launches Industry-First AI Assistant Powered by Unique Employee Recognition Data

Workhuman® has introduced a revolutionary feature to its Workhuman iQ platform – a generative AI assistant. This tool leverages AI to provide HR and business leaders with dynamic, real-time organizational insights derived from unique, propr

Apr 16, 2024
Product News

Visier Ships "Vee," an Industry First Generative AI Digital Assistant for People Insights

Visier has officially launched its generative AI assistant, Vee, which is now available to all customers. Powered by Microsoft Azure OpenAI Service, Vee integrates with Microsoft Teams, allowing users to obtain reliable and accurate workfor

Apr 16, 2024
Product News

meQ Introduces Pioneering, Proprietary sparQ™ Generative AI Technology Into Its Workforce Resilience Platform

meQuilibrium (meQ) announces the launch of sparQ, a revolutionary generative AI technology aimed at transforming workforce engagement, performance, and well-being. Utilizing a vast global database of human cognitive and behavioral data, spa

Apr 11, 2024
Venture Capital

Inverness Graham Revolutionizes Employee Engagement with BenefitHub Acquisition

Inverness Graham, a prominent Philadelphia-based buyout firm known for its strategic investments in technology-driven companies, has recently announced its acquisition of BenefitHub . Founded in 1999, BenefitHub stands out as a leading plat

Apr 10, 2024
Venture Capital

Cadient has been acquired by Basis Vectors Capital

Cadient , a frontrunner in talent acquisition for the hourly hiring sector, has been acquired by Basis Vectors Capital, a private equity firm specializing in B2B SaaS investments. This strategic move aims to accelerate Cadient’s growth and

Apr 10, 2024
Product News

Trusaic Introduces New Global Pay Data Reporting Suite

Trusaic introduces a comprehensive suite of Global Pay Data Reporting solutions designed to assist organizations in navigating the intricate landscape of global pay data reporting requirements. With the advent of stringent regulations aimed

Apr 10, 2024
Column

Workday Hiring Trends Report: The “Big Stay” Is Poised to Become the “Big Leave”

Metrics from Workday customers indicate the hiring slowdown may be coming to an end. We explore how that impacts organizations’ talent strategies and why that makes “retaining” the new “recruiting.” Trends in hiring reflect more than the st

Apr 8, 2024
Venture Capital

Early-Stage Workforce Venture Fund Announces $15M First Close

JFFVentures , a pioneering impact venture fund, proudly announces the first close of its second fund at $15M, with an ambitious target of $50 million. This fund is dedicated to empowering tech startups led by founders with lived experiences

Apr 4, 2024
Company News

BetterUp Names Jolen Anderson as Chief People and Community Officer

Visionary People Leader Joins Human Transformation Company AUSTIN, TX – April 4, 2024 –  BetterUp , the human transformation company and pioneer of virtual coaching, today announced the appointment of Jolen Anderson as the company’s first-e

Apr 4, 2024
Venture Capital

CareerArc Acquires Recruitment Video Platform Lumina

CareerArc  , a leading force in social recruiting solutions, has significantly expanded its capabilities by acquiring Lumina , the premier SaaS platform for producing visual job postings at scale. This strategic move not only enhances Caree

Apr 3, 2024
Company News

Accenture Appoints Karalee Close as Global Talent & Organization Lead to Help Power Clients’ Reinvention with Technology and Talent

Accenture announces the appointment of Karalee Close as the leader of its Talent & Organization practice and a member of its Global Management Committee. Close brings extensive experience in transformative leadership, combining technology w

Apr 3, 2024
Column

ADP National Employment Report: Private Sector Employment Increased by 184,000 Jobs in March; Annual Pay was Up 5.1%

ROSELAND, N.J. ,  April 3, 2024   -- Private sector employment increased by 184,000 jobs in March and annual pay was up 5.1 percent year-over-year, according to the March ADP ®  National Employment Report™  produced by the ADP Research Inst

Apr 3, 2024
Venture Capital

Remote Acquires Easop to Help Companies Grant and Manage Equity for Global Talent

Remote, a leader in managing globally distributed workforces, has acquired Easop, a company specializing in compliance solutions for equity management across international borders. This strategic move enhances Remote's capabilities, allowin

Apr 2, 2024
Venture Capital

Modal Announces $25 Million Series A to Upskill Employees in AI

Modal, a premier skills development platform specializing in data and analytics training, has successfully secured a $25 million Series A funding led by Left Lane Capital and Ensemble VC, with contributions from Signalfire and Learn Capital

Apr 2, 2024
Company News

Voiceitt puts its AI to work, making the remote workplace inclusive

Voiceitt , an Israel-based innovator in speech recognition technology, partners with Virtualahan, a Philippine organization focused on training and employing people with disabilities. Together, they aim to tackle the global challenge of dis

Apr 1, 2024
Venture Capital

Brightside Health Raises $33M in Series C to Expand Telemental Health Services Nationwide

Brightside Health, a provider of teletherapy services for depression, anxiety, and other mood disorders, has successfully raised $33 million in Series C funding. The round was led by S32 and included both existing and new investors such as

Mar 27, 2024
Venture Capital

ZayZoon Raises $15M in Series B Extension from Viola Fintech and Intuit Ventures

ZayZoon , a leader in Earned Wage Access (EWA) for SMBs, announced a $15 million raise in its Series B extension, reaching a total of $49.5 million, led by Viola Fintech and Intuit Ventures, alongside Framework Venture Partners and EDC. Thi

Mar 26, 2024
Company News

Alight Announces Agreement to Sell Payroll and Professional Services Business for up to $1.2 Billion

Alight , Inc. announced the sale of its Payroll & Professional Services business to an affiliate of H.I.G. Capital for up to $1.2 billion, aiming to transform into a more focused employee wellbeing and benefits platform. This strategic move

Mar 20, 2024
Company News

Cornerstone Acquires Talespin

Cornerstone OnDemand Inc. , a pioneer in learning and talent solutions, has announced its acquisition of Talespin's extended reality (XR) capabilities, emphasizing a shift towards immersive spatial learning in the workplace. This strategic

Mar 20, 2024
Venture Capital

Vivup and Perkbox to Combine, Creating a World-Class, All-in-One Employee Wellbeing, Benefits and Engagement Platform

Vivup and Perkbox, leaders in employee wellbeing and benefits, have announced a merger with strategic investment from Great Hill Partners. This collaboration aims to create a top-tier platform for employee benefits and engagement, enhancing

Mar 15, 2024
Product News

Bullhorn Copilot Launches With AI Tools Tailored to the Staffing Industry

Bullhorn , a global leader in staffing and recruitment software, announced the launch of Bullhorn Copilot, a comprehensive AI solution designed to enhance recruitment processes. Copilot integrates generative, source and match, and directive

Mar 14, 2024
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