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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

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

Top 10 HRTech & Future of Work Conferences 2024: Must-Attend HR Events Guide

In the fast-evolving HR landscape, attending conferences is crucial for professionals keen on staying abreast of new trends, networking, and exploring the latest technologies. To assist you in selecting the most impactful events, we've comp

Jan 23, 2024
Venture Capital

TARA Mind Secures $8M for Groundbreaking Mental Health Revolution

TARA Mind, a revolutionary public benefit corporation co-founded by former Navy SEAL Marcus Capone, has secured an impressive $8 million in seed funding. This investment, led by Satori Neuro, supports TARA Mind's innovative approach to ment

Jan 23, 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
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

Workleap: Pioneering AI in Talent Management for a Revolutionary Employee Experience

Workleap, a leader in employee experience software, has integrated advanced AI capabilities across its product suite, including Officevibe, Onboarding, and Skills. This strategic move addresses the increasing demand for innovation in talent

Jan 16, 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

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
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
Product News

Aon’s $13.4 Billion Gamble: Acquiring NFP to Dominate the Middle Market

Expands Aon's presence in large and fast-growing middle-market segment, with opportunity to enhance distribution through the firm's Aon Business Services platform to deliver more value to clients Brings together two cultures with a shared c

Dec 20, 2023
Venture Capital

Salt Labs Raises Additional $8M to Bring Loyalty Earned Assets to the Workforce

Third Prime invests  $8 million  in Salt Labs, bringing the total amount raised by the company to  $18 million  in less than a year NEW YORK ,  Dec. 19, 2023     Salt Labs , a loyalty and financial technology company that bridges the gap be

Dec 19, 2023
Venture Capital

CareerFairy's Innovative Leap: Securing Multimillion-Euro Investment for Gen Z Recruitment Revolution

CareerFairy , a trailblazing video recruiting platform based in Zurich, Switzerland, has secured a multimillion-euro investment to revolutionize the job search for Generation Z. Spearheaded by European media giant Mediahuis, alongside notab

Dec 19, 2023
Company News

bswift Launches Next-Generation Mobile App for Effortless Benefits Management

bswift , a leader in benefits administration technology, has unveiled its latest innovation: a next-generation mobile app designed to revolutionize benefits management. Catering to a diverse, multi-generational workforce, the app offers sea

Dec 18, 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
Company News

Majority of Hourly Workers Unconcerned About AI Replacing Their Jobs

The 5th Annual Branch Report reveals insights into the perspectives of hourly workers regarding AI's impact on job security. Contrary to popular belief, a significant number of these workers are not worried about AI replacing their jobs. Th

Dec 14, 2023
Venture Capital

Lisbon's Paynest Secures €2M for Pioneering Employee Financial Solutions

Paynest , a Lisbon-based financial wellbeing platform for employees, has recently secured a €2 million seed investment to fuel its European expansion. Led by Lince Capital, with contributions from BlueCrow Capital and others, this investmen

Dec 13, 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
Product News

Checkr's Strategic Expansion: Launching Pay and Onboard for Enhanced Flexible Workforce Management Beyond Background Checks

Checkr, a leading HR technology company, has announced a significant expansion with the introduction of Checkr Pay and Checkr Onboard. These innovative solutions are designed to streamline payment and onboarding processes for the rapidly gr

Dec 12, 2023
Venture Capital

Medefy Health Clinches $10M Series A to Revolutionize Healthcare Navigation

Medefy Health , a trailblazer in mobile-first healthcare benefits navigation, has secured a significant $10 million in Series A funding. This investment, spearheaded by Mercury Fund and Advantage Capital, is set to bolster Medefy's AI and t

Dec 11, 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
Venture Capital

Canadian AI-Powered Engagement Platform ThoughtExchange Lands $13.5M Equity Investment for Business Expansion

ThoughtExchange, a leading AI engagement and survey platform, recently secured a substantial $13.5M equity investment. This financial boost, led by InBC Investment Corp. along with various established investors, underlines the platform's in

Dec 4, 2023
Venture Capital

Indian SaaS Powerhouse ProHance Gains Major Investment from ChrysCapital

ProHance, a leading workplace analytics and operations management SaaS provider, announced a significant investment from ChrysCapital, a prominent Indian investment firm. This strategic move is set to accelerate ProHance's global expansion,

Dec 1, 2023
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