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Company News

Record-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

Feb 7, 2024
Company News

Chris 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

Feb 7, 2024
Company News

UKG 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

Feb 6, 2024
Column

UKG: 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

Feb 5, 2024
Company News

BambooHR® 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

Feb 1, 2024
Funding

Modern 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

Jan 31, 2024
Company News

ADP® 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

Jan 31, 2024
Company News

ADP'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

Jan 31, 2024
Company News

Former 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

Jan 31, 2024
Company News

Modern 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

Jan 30, 2024
Product News

Ceridian 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

Jan 23, 2024
Venture Capital

Zvoove 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

Jan 23, 2024
Product News

Ceridian 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

Jan 19, 2024
Company News

Paychex 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

Jan 19, 2024
Company News

Paylocity: 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,

Jan 17, 2024
Column

UKG 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

Jan 15, 2024
Company News

Workday 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

Jan 11, 2024
Company News

ADP 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

Jan 10, 2024
Company News

When 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

Jan 8, 2024
Product News

Paychex, 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

Dec 21, 2023
Company News

HiBob 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

Dec 18, 2023
Product News

Oyster 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

Dec 14, 2023
Column

ADP 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

Dec 13, 2023
Venture Capital

London-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

Dec 8, 2023
Venture Capital

Revolutionizing 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

Dec 7, 2023
Product News

ADP 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

Dec 6, 2023
Company News

WorkJam 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

Dec 6, 2023
Column

News 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

Dec 5, 2023
Company News

Check 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

Dec 5, 2023
Product News

Paylocity 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

Dec 1, 2023
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