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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
Venture Capital

Colossyan's Strategic Leap: Pioneering the Future of AI-Driven Corporate Learning with $22M Series A Funding

Colossyan , a Hungarian-founded, UK-based startup, has successfully raised $22 million in Series A funding, led by European VC firm Lakestar, to advance its AI-driven video production platform. This technology, designed to transform digital

Feb 6, 2024
News

HireAra Secures £450k to Transform Recruitment with AI-Powered Platform

HireAra , a recruitment tech startup, has successfully raised £450k in a Seed funding round for its innovative AI-powered candidate presentation platform. This platform revolutionizes the recruitment process for agencies by enhancing candid

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

Fiverr’s Winter Product Release: Packed With New Features to Keep Businesses and Freelancers Ahead of The Game and Introducing Fiverr Agencies

Fiverr's Winter Product Release in 2024 marks a significant step in its evolution, introducing pivotal upgrades influenced by 14 years of community feedback. Key highlights include a Consulting Category for expert guidance, Fiverr Agencies

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

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
Company News

Jeremy Friedman Appointed as HireVue CEO to Lead Next Phase of Growth

HireVue , a global pioneer in Human Potential Intelligence, embarks on a new chapter with the appointment of Jeremy Friedman as CEO. Friedman, with a rich background in educational technology, notably as co-founder and CEO of Schoology, bri

Jan 18, 2024
Venture Capital

Remuner, a Barcelona Startup, Secures €2M Funding to Transform Variable Compensation Management with AI

In a remarkable stride for the HR technology sector, Barcelona's emerging AI startup, Remuner , has successfully closed a €2 million Pre-Seed funding round. This significant milestone, led by the Silicon Valley-based fund Pear VC, comes mer

Jan 18, 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
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
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

Bullhorn Acquires Mployee to Help Recruitment Agencies Accelerate Their Digital Transformation Journey

Bullhorn , a global leader in software for the staffing and recruitment industry, has acquired Mployee, a Netherlands-based company specializing in Salesforce-based solutions for recruitment agencies. This strategic move aims to accelerate

Jan 5, 2024
Venture Capital

Vestwell's Series D Success: Paving the Future of Fintech with $125 Million

Vestwell, a trailblazer in the savings platform sector, has successfully raised $125 million in its Series D funding round. This significant investment, led by Lightspeed Venture Partners and supported by other key investors, marks a major

Dec 22, 2023
Venture Capital

IntelliBoard Secures New Funding to Accelerate Growth and Help Organizations Improve Learning Outcomes

IntelliBoard, a prominent provider of learning analytics, has successfully secured new funding led by Advantage Capital and Connecticut Innovations. This strategic investment aims to propel IntelliBoard's growth and enhance learning outcome

Dec 22, 2023
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
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
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
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

Upwork Study Finds 64 Million Americans Freelanced in 2023, Adding $1.27 Trillion to U.S. Economy

The "Freelance Forward: 2023" report by Upwork reveals a significant shift in the U.S. labor market towards freelancing. With 64 million Americans, or 38% of the workforce, now freelancing, the sector contributes $1.27 trillion annually to

Dec 12, 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

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

Elatra: Revolutionizing Tech Industry with $200K Funding

Elatra, a California-based digital coaching platform, has secured $200K in funding. Led by CEO Natalia Drogolchuk, the company aims to revolutionize tech business coaching with a focus on enhanced user experience and personalized tools, eye

Dec 8, 2023
Product News

Recruitment Trends 2024: Maximizing Opportunities for Recruiters and Sourcers

This article delves into the key recruitment trends anticipated for 2024, emphasizing the growing significance of technology and data-driven approaches in the field. It underlines the increasing reliance on AI and automation for streamlinin

Dec 7, 2023
Topics

The Silver Tsunami: Over 2.4 Million US Older Workers Eye Early Retirement Amid Skill Gaps

A new survey from Multiverse also reveals that 41% of these workers would be willing to remain active in the labor market if provided with better access to training NEW YORK ,  Dec. 7, 2023  /PRNewswire/ -- As a growing number of older work

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
Product News

Workleap acquires US-based Pingboard, an employee experience SaaS company recognized for its industry-leading org chart and employee directory capabilities

After receiving a $125M CAD investment from CDPQ, Workleap made an acquisition to accelerate its growth strategy, increase market share and broaden product offerings. MONTREAL ,  Dec. 6, 2023   Workleap , a leading software company behind p

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
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