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The HRTech Wire →This week's briefing →Submit newsPublish a sponsored article — $300TriNet 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
Venture CapitalHandl 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
Product NewsPerceptyx 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
Venture CapitalKeep Company Secures $1.4 Million to Revolutionize Caregiver Support in the Workplace
Keep Company, based in Bethesda, Maryland, has announced a successful fundraising of $1.4 million with notable participants including Techstars and VEST Her Ventures. This round will support the expansion of Keep Company's executive team, i
Product NewsCrosschq Launches Insights, First-of-its-Kind Recruiting Analytics and Quality of Hire Engine
Crosschq, the pioneer in Hiring Intelligence, has launched "Crosschq Insights," a revolutionary recruiting analytics platform designed to enhance the Quality of Hire. This new tool integrates data from various sources, including ATS, HRIS,
Company NewsReclaim.ai Launches Smart Meetings, First-Ever AI Tool to Automate Meeting Scheduling Across Teams
Reclaim.ai has unveiled "Smart Meetings," an innovative solution designed to streamline the scheduling of meetings by leveraging AI and machine learning. This release targets the reduction of time spent on managing calendars, which, as Recl
Company NewsUKG Names New President, GTM: Meet Rachel Barger
UKG , a leading provider of comprehensive HR solutions, today announced the appointment of Rachel Barger, the current SVP of the Americas at Cisco Systems, as its new President of Go-To-Market (GTM). Starting May 13, 2024, Barger will overs
EarningsManpowerGroup Reports 1st Quarter 2024 Results
Revenues of $4.4 billion (-7% as reported, -5% constant currency) Continuation of challenging environment in North America and Europe during the quarter, solid demand in Latin America and Asia-Pacific region Gross profit margin of
Company NewsLinkUp Launches Compass, a Visual Multitool for Job Market Insight
LinkUp has launched Compass, a digital toolset that offers real-time analysis of labor demand using their extensive dataset of job openings, dating back to 2007 and updated daily. This platform provides users with interactive, presentation-
Product NewsWorkhuman 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
NewseQ8 Announces a Game-changing, New Strategic Workforce Planning Tool for HR, Business Leaders, and more
eQ8 , a leading provider of strategic workforce planning (SWP) solutions, has announced the release of "eQ8 Essentials," a tool designed to make SWP accessible by reducing traditional barriers. This new solution offers a user-friendly app e
Company NewsGoogle Cloud Announces Generative AI, Cybersecurity, and Data Analytics Trainings with New Skills-Based Interview Accelerator for Hiring Partners
Today at the ASU + GSV Summit, Google Cloud unveiled new AI, cybersecurity, and data analytics certificates and courses, designed to meet the burgeoning demand for tech skills. These offerings, developed in partnership with entities like th
Venture CapitalParaform Secures $3.6M in Seed Funding to Revolutionize Recruitment for Startups
Paraform , a recruitment platform dedicated to startups, has recently secured a $3.6 million seed funding round led by A*. The platform utilizes the skills of recruiters displaced by the tech industry layoffs in 2022 and 2023, connecting st
Venture Capitalbswift LLC acquires Davis & Company, expanding its Communication Agency suite of solutions
bswift , a leader in employee benefits technology and administration, has announced the acquisition of Davis & Company, an innovator in internal communication. This acquisition is aimed at enhancing bswift's services in change management, m
ColumnRandstad Selects Workday for Global Finance, HR, and Talent Solutions
Companies Also to Explore Mutual Service Offering to Provide Businesses Around the World With Greater Access to Talent Management Tools PLEASANTON, Calif. , April 11, 2024 -- Workday, Inc. (NASDAQ: WDAY), a leading provider of solutions
Product NewsTrusaic 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
Venture CapitalEntrust Completes Acquisition of Onfido, Creating a New Era of Identity-Centric Security
Entrust , a global leader in payments, identities, and data security, has finalized the acquisition of Onfido , a premier identity verification provider. This strategic move fortifies Entrust's portfolio with the most advanced AI-powered, i
ColumnWorkday 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
Venture CapitalCareerArc 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
Venture CapitalIndustry-leading Team Management App Homebase Raises $60M Series D to Fuel Innovation and Expand Product Ecosystem for Local Business Teams
Homebase , a leader in HR and team management applications for small businesses, announced a $60M Series D funding led by L Catterton Growth with support from Emerson Collective and others. This funding will boost R&D to expand its product
ColumnADP 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
Venture CapitalRemote 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
Venture CapitalSeso Closes $26M Series B to Build Critical Software for American Farmers
Seso , an agricultural workforce management platform, announced a $26M Series B funding round led by BOND, with contributions from Index Ventures, NFX, SV Angel, and others, including customer participants. Seso aims to revolutionize farm l
Product NewsOracle NetSuite Supercharges the Suite with Expansion of Generative AI Capabilities
Oracle NetSuite has expanded its generative AI capabilities within its suite, introducing NetSuite Text Enhance to foster improved productivity and efficiency across various domains including finance, supply chain, sales, marketing, and cus
Company NewsWorkForce Software Receives Additional Industry Awards for Top HR Software Company of 2024 and Top Workforce Management Provider
WorkForce Software is named a Top 25 HR Software Company in 2024 by The Software Report and a Top Workforce Management Brand by DHRmap for improving employee management at leading global companies, delivering rapid ROI on workforce technolo
Venture CapitalZayZoon 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
Company NewsPrivacy Concerns Surge as Glassdoor Allegedly Adds Real Names to User Profiles Without Consent
The article reports concerns among Glassdoor users that their real names were added to their profiles without consent, potentially compromising anonymity. This issue surfaced when a user, Monica, noticed her full name and city on her profil
Company NewsWorkday Adaptive Planning and Consolidation Delivers Efficiency, Agility, and Ease of Use to Finance Organizations
Workday introduces "Workday Adaptive Planning and Consolidation," a new Enterprise Performance Management (EPM) solution enhancing finance organization efficiency. This innovative product integrates Workday Adaptive Planning's agile plannin
Product NewsOracle Adds New Generative AI Capabilities to Oracle Fusion Cloud Applications Suite
Oracle announced new generative AI capabilities within the Oracle Fusion Cloud Applications Suite, enhancing decision-making and employee/customer experiences across various domains such as finance, supply chain, HR, and marketing. These ca
Product NewsBullhorn 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
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