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The HRTech Wire →This week's briefing →Submit newsPublish a sponsored article — $300Record-Breaking 2023: Paycom Reports Annual Revenues of $1.694 Billion, Up 23%
Paycom Software , Inc. Reports Fourth Quarter and Year-End 2023 Results Full Year Revenues of $1,694 million, up 23% year-over-year Full Year GAAP Net Income of $341 million, representing 20% of total revenues, or $5.88 per diluted share Fu
Company NewsChris Thomas Promoted to Paycom Co-CEO with Chad Richison
Paycom Software , Inc. announces Chris Thomas as Co-CEO alongside Chad Richison. With a history of leadership and innovation, Paycom's strategic move aims to enhance its growth and service in the HR tech industry. OKLAHOMA CITY Paycom Softw
Company NewsUKG Launches Global Innovation Hub in Bulgaria
UKG Inc., a leading provider of HR, payroll, workforce management, and culture solutions, has announced the opening of its new Global Innovation Hub in Bulgaria, aiming to accelerate the delivery of solutions that foster great workplace exp
ColumnUKG: An Estimated 16.1 Million U.S. Employees to Miss Work Super Bowl Monday, Millions More Plan to Show Up Late
This article examines the impact of Super Bowl LVIII on workplace absenteeism and productivity in the U.S., based on research conducted by The Harris Poll for the UKG Workforce Institute. An estimated 16.1 million U.S. employees are expecte
Company NewsBambooHR® Expands All-In-One HRIS With New Employee Community and Total Rewards
BambooHR®, a leader in cloud-based human resource solutions, has unveiled two innovative tools: Employee Community and Total Rewards. These offerings aim to revolutionize internal communication and compensation understanding within organiza
FundingModern Benefits Leader, Benepass, Secures $20M in Funding
Benepass , a leader in modern benefits, announced a $20M funding round to expand its platform and accelerate product development. With over 100,000 employees from top companies using its services, the investment, led by Portage and Clocktow
Company NewsADP® Assist with Generative AI Features Makes HCM Decisions Easy, Smart and Human
ADP, a global technology company specializing in human capital management (HCM) solutions, has unveiled ADP Assist, a cross-platform solution powered by generative AI (GenAI). This innovative tool enhances HR productivity, aids in data-driv
Company NewsADP's Fiscal 2024 Q2 Report: A Financial Deep Dive into $4.7 Billion Revenue and Earnings Surge
ADP , a global leader in human capital management solutions, reported a 6% revenue increase in the second quarter of fiscal 2024, reaching $4.7 billion. The growth, consistent in organic constant currency, reflects the company's robust fina
Company NewsFormer U.S. Bureau of Labor Statistics Commissioner Dr. William Beach Joins UKG Workforce Institute Advisory Board
LOWELL, Mass. & WESTON, Fla.The UKG Workforce Institute — a think tank known for its global research and actionable insights on what’s impacting HR, organizations, and their people — is pleased to welcome Dr. William Beach, labor
Company NewsModern HR Software Solutions Introduce New Features to Enhance Workplace Efficiency in 2024
New AI-powered applicant tracking, precise geofencing, advanced insights, time-saving documentation, and payroll integration MIAMI , Jan. 30, 2024 With the New Year underway, many businesses are reevaluating their HR software solutions to
Product NewsCeridian to change ticker symbol to ‘DAY’ on NYSE and TSX effective February 1
Toronto, ON and Minneapolis, MN, January 22, 2024 Ceridian HCM Holding Inc. (NYSE: CDAY; TSX: CDAY) (the “Company”), a global leader in human capital management (HCM) technology, today announced its ticker symbol will change to DAY on the N
Venture CapitalZvoove acquires Planbition, the leading SaaS workforce management and planning platform for the temporary staffing industry
Zvoove , a prominent European software provider for temporary staffing and cleaning sectors, has acquired Planbition, a leading Dutch cloud-based workforce management solution. Planbition, known for its flexibility, serves top clients world
Product NewsCeridian to Acquire eloomi, a Market-Leading Learning and Development Platform
Ceridian, a renowned human capital management tech company, is set to acquire eloomi, a leader in learning experience platform software. This strategic move, expected to finalize in Q1 2024, aims to bolster Ceridian's Dayforce platform. It
Company NewsPaychex Declares Quarterly Dividend and Authorizes $400 Million Stock Repurchase
ROCHESTER, N.Y. Paychex, Inc ., a leading provider of integrated human capital management software solutions for human resources, employee benefits, insurance services, and payroll, today announced a quarterly dividend of $.89 per share pay
Company NewsPaylocity: Pioneering AI Integration in Cloud-Based HR Solutions
Paylocity , a prominent player in cloud-based HR and payroll software, is revolutionizing the HCM industry with its advanced AI capabilities. The latest enhancements focus on optimizing workforce schedules, creating tailored learning plans,
ColumnUKG Helps Two-Thirds of NRF Top 100 Retailers Create Great Workplaces
AI-powered HCM suite built with the world’s largest collection of people, work, and culture data transforms the employee experience. LOWELL, Mass. & WESTON, Fla. UKG , a leading provider of HR, payroll, workforce management, and culture sol
Company NewsWorkday Announces Continued Retail Industry Momentum Driven By Accelerated Demand for AI Solutions that Help Fuel Organizational Agility and Growth
More Than 55% of the NRF Top 100 Retailers Are Using Workday to Elevate the Frontline Worker Experience, Increase Productivity, and Manage Operational Costs PLEASANTON, Calif. , Jan. 11, 2024 - Workday, Inc. (NASDAQ: WDAY), a leader in e
Company NewsADP appoints Thomas J. Lynch as the new Independent Board Chair
Carlos Rodriguez to continue as member of ADP Board of Directors ROSELAND, N.J. , Jan. 10, 2024 ADP , a leading global technology company providing human capital management (HCM) solutions, announced today that its board of directors ap
Company NewsWhen I Work Launches Payroll to Revolutionize Workforce Management for Small Businesses
When I Work, an esteemed player in shift-based workforce management software servicing over 200,000 global workplaces, proudly introduces When I Work Payroll. This innovative solution integrates payroll with scheduling and time tracking for
Product NewsPaychex, Inc. Reports Second Quarter and Mid-year Fiscal 2024 Results
Paychex , Inc.'s Fiscal 2024 mid-year report impresses with a 6% revenue increase to $1.2579B in Q2 and $2.5439B for 6 months. Operating income rose 7% to $506.2M in Q2, while diluted EPS soared 9% to $1.08. Growth driven by 4% rise in Mana
Company NewsHiBob 2023: Revolutionizing the Workplace with Innovative Bob Platform Features
It’s been a busy year for us here at HiBob. Our 2023 roadmap theme was “Building the exceptional,” highlighting our dedication to continuously go above and beyond to deliver an even better HCM for our customers everywhere. We rose to the ch
Product NewsOyster Unveils SAGE: The Future of Global Employment Automation
Low-code platform SAGE “softwarizes” knowledge, automating the entire employment lifecycle SAGE powers Oyster Intelligence, ensuring compliant and competitive employment across 180 countries Oyster's new platform, SAGE, revolutionizes globa
ColumnADP Named Market Leader in Global Payroll by Everest Group, NelsonHall and Ventana Research
Three Major Industry Analyst Rankings Highlight ADP's Strengths in Geography, Technology, Customer Experience and Analytics ROSELAND, N.J. , Dec. 13, 2023 In three separate recent reports by leading industry analysts, ADP was recognized a
Venture CapitalLondon-based Harriet raises $1.5 million to revolutionise HR with full-stack AI solution
Harriet , a U.K.-based HRtech company, has recently secured $1.5 million in pre-seed funding led by Concept Ventures. The investment, with contributions from Notion Capital, Frontline Ventures, and Portfolio Ventures, aims to enhance Harrie
Venture CapitalRevolutionizing SME Insurance: Mulberri Raises $6.75M in Series A
Mulberri , an innovative AI-driven embedded business insurance platform, recently announced a successful $6.75 million Series A funding round led by Eos Venture Partners. This significant investment, with contributions from Hanover Technolo
Product NewsADP National Employment Report: Private Sector Employment Increased by 103,000 Jobs in November; Annual Pay was Up 5.6%
ROSELAND, N.J. , Dec. 6, 2023 Private sector employment increased by 103,000 jobs in November and annual pay was up 5.6 percent year-over-year, according to the November ADP ® National Employment Report™ produced by the ADP Research In
Company NewsWorkJam Launches Industry-First Automated Attestation Module to Simplify Time and Attendance Tracking for Frontline Employees
WorkJam, a leading digital workplace for frontline employees, has launched an innovative Automated Attestation Module to streamline time and attendance tracking. This module, a first in the industry, enhances compliance with local labor law
ColumnNews Brief: AdventHealth Selects Workday to Support Its Commitment to Whole-Person Care
PLEASANTON, Calif., December 5, 2023 -- Workday, Inc. (NASDAQ: WDAY), a leader in enterprise cloud applications for finance and human resources , today announced that AdventHealth has selected Workday Financial Management , Workday
Company NewsCheck Launches New Tools to Help Organizations Build and Scale Payroll Businesses
Check, a pioneer in embedded payroll, has launched innovative tools to assist organizations in establishing and expanding their payroll businesses. These tools include Credit & Fraud Protection, Embedded Setup, and Embedded Support. These s
Product NewsPaylocity acquires Trace, an innovative solution for headcount planning
On December 1, 2023, Paylocity (NASDAQ: PCTY), a leading provider of cloud-based HR and payroll software solutions, announced its acquisition of TraceHQ.com, Inc., a company offering an innovative solution for headcount planning. This acqui
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