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The HRTech Wire →This week's briefing →Submit newsPublish a sponsored article — $300Common Trust Raises $2.6M in Seed Funding To Support Small Businesses to Exit Through Employee Ownership Buyouts
San Francisco, CA – Common Trust , an employee ownership buyout platform that enables small business owners to access liquidity by exiting to their employees, today announced $2.6 million in seed funding. Crossbeam Venture Partners led the
Company NewsEasop Announces Strategic Partnership with Carta and Snags Investment from Tech Law Firm Cooley's Fund and SemperVirens
NEW YORK , -- Easop , the equity compensation solution for global teams, announces a significant milestone in its journey towards revolutionizing global employee equity management. In only 18 months, the company has forged a strategic partn
Company NewsPapaya Global and HiBob Team Up to Integrate HR and Payroll Management for Multinational Businesses
LONDON and TEL AVIV, Israel -- HiBob , the company behind Bob, the modern HR platform that powers productivity, engagement and retention, and Papaya Global , the only dedicated payroll and payments platform for global workforces, annou
Company NewsPaychex Announces Efrain Rivera Plans to Retire as CFO
ROCHESTER, N.Y.-- Paychex, Inc. , a leading provider of integrated human capital management software solutions for human resources, payroll, benefits, and insurance services, announced today that Efrain Rivera, senior vice president and chi
Product NewsCulture Amp Announces Partnership with Pave: Elevating Compensation Management for Businesses Worldwide
MELBOURNE and SAN FRANCISCO and NEW YORK and LONDON -- Culture Amp , the leading employee experience platform, today announces a partnership with Pave , the category-leading compensation management software company. This strategic all
Company NewsWorkstream Launches HR Management Platform for the Hourly Workforce to Streamline Back-Office and Team Operations
In a move to revolutionize HR management for the hourly workforce, Workstream has rolled out a comprehensive suite of team management products. Tailored for the quick-service restaurant industry and other sectors reliant on hourly workers,
WorkdayWorkday Announces Fiscal 2024 Second Quarter Financial Results with 16.3% YoY Increase in Total Revenues
PLEASANTON, Calif., Aug. 24, 2023 -- Workday , Inc. (NASDAQ: WDAY), a leader in enterprise cloud applications for finance and human resources, announced results for the fiscal 2024 second quarter ended July 31, 2023. Fiscal 2024 Second Quar
Venture CapitalNursa Leverages $80M Series B to Expand C-Suite and Address Rising Healthcare Staffing Shortage and Financial Crisis
SALT LAKE CITY-- Nursa , a nationwide platform that exists to put a nurse at the bedside of every patient in need, announced the completion of its executive leadership team following an $80 million Series B funding raise led by Drive Capit
Company NewsSpring Health Launches Sage, Setting A New Standard For Mental Health Education With Self-Directed, Clinician-Led Courses For Workplace Wellbeing
Spring Health , the most comprehensive global mental health solution for employers and health plans, announced the launch of Sage, a platform that raises the bar for mental health education with self-directed courses and clinician-designed
EarningsPaycor Announces Fourth Quarter and Fiscal Year 2023 Financial Results With Strong Revenue Growth
CINCINNATI, Aug. 16, 2023 -- Paycor HCM, Inc. (Nasdaq: PYCR) (“Paycor”), a leading provider of human capital management (“HCM”) software, announced financial results for the fourth quarter and full fiscal year 2023, which ended June 30, 202
EarningsHudson Global Reports 2023 Second Quarter Results with 20.8% YoY Decrease in Total Revenue
OLD GREENWICH, Conn., Aug. 10, 2023 -- Hudson Global , Inc. (Nasdaq: HSON), a leading global total talent solutions company, announced financial results for the second quarter ended June 30, 2023. “In the second quarter of 2023, lower hirin
Venture CapitalZRG, the Seventh-largest Retained Search Firm in the US, Acquired The Registry
NEW YORK, NY, and BOSTON, MA, — ZRG , one of the world’s rapidly growing global talent advisory firms, announced its acquisition of The Registry , an Interim Executive Solutions firm specializing in higher education. Since 1992, The Registr
EarningsUpwork Reports Second Quarter 2023 Financial Results with 7% YoY Increase in Revenue
SAN FRANCISCO, Aug. 02, 2023 -- Upwork Inc. (Nasdaq: UPWK), the world’s largest work marketplace that connects businesses with independent talent from across the globe, announced its financial results for the second quarter of 2023. Q2’23 F
Product NewsKohlberg & Company, LLC announced a strategic partnership with Engage PEO: Acquire a Majority Stake
MOUNT KISCO, N.Y. & NEW YORK– Kohlberg & Company, LLC (“Kohlberg”) today announced a strategic partnership with Engage PEO (“Engage” or “the Company”), a leading professional employer organization (“PEO”) providing HR outsourcing solutions
EarningsPageGroup Announces Half Year Results for the Period Ended 30 June 2023
Aug. 7, 2023 -- PageGroup plc (“PageGroup”), the specialist professional recruitment company, announces its unaudited half year results for the period ended 30 June 2023. “The Group delivered a robust H1 performance against a record first h
Product NewsIsolved Has Announced the Release of Its Compensation Analytics and Talent Intelligence Products
Charlotte, NC – August 7, 2023 – Attracting and retaining top talent persists as a major challenge for organizations. In a recent survey, the leading stressor keeping HR leaders up at night is keeping its top people, closely followed by c
EarningsCeridian Reports Robust Second Quarter 2023 Results
Minneapolis, MN and Toronto, August 2, 2023 – Ceridian HCM Holding Inc. (“Ceridian”) (NYSE:CDAY) (TSX:CDAY), a global leader in human capital management (HCM) technology, announced its financial results for the second quarter ended June 30
ColumnLinkedIn's Revenue Surpasses $15B for the First Time: Microsoft's Q4 FY23 Earnings
Microsoft announced its Q4 FY23 earnings, which included several highlights for LinkedIn. In Q4, LinkedIn's revenue increased by 5% year-over-year (7% in constant currency), surpassing $15 billion for the first time this fiscal year. Member
EarningsPaychex, Inc. Releases 2023 Fiscal Results
ROCHESTER, New York, June 29, 2023-- Paychex , Inc., announced the following results for the quarter ended May 31, 2023 (the "fourth quarter") and fiscal year ended May 31, 2023 ("fiscal 2023"), as compared to the corresponding prior-year p
Venture CapitalGushwork.ai Secures $2.1M in Pre-Seed Funding to Reinvent Business Process Outsourcing
Gushwork.ai, an AI-powered platform designed to help enterprises outsource complex operational workflows, has secured $2.1M in pre-seed funding. The round was led by Lightspeed and saw participation from B Capital, Sparrow Capital, Seaborne
Company NewsWorkstream Launches First Multilingual AI Chatbot Built for Hourly Workforce Management
SAN FRANCISCO, July 18, 2023 - Workstream , the smart people management platform for the hourly workforce, announced today its new, groundbreaking multilingual and customizable AI chatbot, Workstream Assistant. As the flagship product in th
ColumnHow an Increasingly Competitive Job Market Is Impacting the Employee Experience in 2023
We're in a different labor market, with fewer job requisitions and increased competition among job seekers. Read on to learn how to attract top talent and cultivate higher levels of employee resilience in this new environment. Organizations
Company NewsACI Learning Launches Proprietary AI-Powered Skills Gap Analysis Tool to Address Staff Knowledge Gaps
Organizations can use the 'Insights' tool to continuously identify knowledge gaps and provide the right type of training bundles when team members need it across audit, cybersecurity and IT DENVER , July 13, 2023 /-- ACI Learning , the aud
Company NewsNelsonHall Names Paylocity a Leader in its 2023 Next-Generation HCM Technology NEAT Report
SCHAUMBURG, Ill., July 13, 2023-- Paylocity (NASDAQ: PCTY), a leading provider of cloud-based HR and payroll software solutions, has achieved a Leader ranking in NelsonHall's 2023 Next-Generation HCM Technology NEAT report for both the Smal
Company NewsTruework Announces Guardian HR Product to Securely Automate Income Verifications for Payroll Providers
SAN FRANCISCO , July 13, 2023 -- Truework , a leading provider in verification of income and employment (VOIE) in the U.S., announced today the launch of Truework Guardian, a new verification automation tool for employees, employers and pa
Company NewsUpwork Launches New Generative AI Tools and Services Hub, Creating Central Destination for Skilled AI Talent and Work
Generative AI-enabled experiences for talent and businesses on Upwork accelerate the movement towards AI-empowered workforces SAN FRANCISCO, Calif. - July 11, 2023 - Upwork (Nasdaq: UPWK), the world’s work marketplace, today announced a
Venture CapitalMultinational Businesses Cheer UKG Acquisition of Immedis: Launch of UKG One View Transforms How Businesses Pay People Around the World
LOWELL, Mass., and WESTON, Fla., July 12, 2023 — UKG , a leading provider of HR, payroll, and workforce management solutions for all people, has completed the acquisition of Immedis , a leading global payroll provider with technology and s
Venture CapitalWorkforce Management Platform When I Work Acquires Fintech Startup Lean Financial
When I Work plans to introduce custom financial products for hourly workers in early 2024. MINNEAPOLIS – July 11, 2023 –Today, When I Work , a market leader in shift-based workforce management software used by more than 200,000 workplaces
Venture CapitalStaffing Firm Aequor Expands Its Expertise in Clinical, Scientific, IT & Healthcare Staffing Solutions through Acquisition of Collab Infotech
Aequor Technologies, a leading global provider of staffing, consulting, and technology solutions, is thrilled to announce the acquisition of Collab Infotech , a division of Collab USA, LLC, a highly reputable firm specializing in clinical,
Venture CapitalProgrammatic Job Advertising Leader Appcast Acquires Recruitment Marketing Firm
Programmatic job advertising leader transforms recruitment marketing landscape with strategic acquisition. Appcast , the global leader in programmatic recruitment advertising technology and services, announced today its acquisition of recru
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