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The HRTech Wire →This week's briefing →Submit newsPublish a sponsored article — $300TeamSense Secures $4 Million in Funding to Revolutionize Communication for Hourly Manufacturing Workers
TeamSense, a Seattle-based company that has developed an app-free platform for hourly employees in the manufacturing sector. The platform allows these "deskless" workers, who make up 70-80% of the global workforce, to manage attendance, com
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,
Venture CapitalGympass Raises $85 Million in Series F Funding at $2.4 Billion Valuation, Strengthens Position as the Leading Global Corporate Wellness Platform
Funding comes in a record year for Gympass, as it nearly doubled its customer base to more than 15,000 and surpassed two million employee subscribers across its network of more than 50,000 partners Gympass delivers the best network of gyms,
Venture CapitalHowdy.com Acquires Brazilian Talent Marketplace, GeekHunter, As Demand for AI Engineers Increases
AUSTIN, Texas -- Howdy.com , a talent sourcing and management provider that connects U.S. companies with Latin American (LATAM) tech workers, announced the acquisition of GeekHunter , one of the largest and most reputable talent marketplac
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
Company NewsZipRecruiter Announces Technology Partnership with UKG to Bolster Enterprise Hiring and Streamline HR Workflows
SANTA MONICA, Calif., August 16 — ZipRecruiter , a leading online employment marketplace, announced its technology partnership with UKG — a leading provider of HR, payroll, and workforce management solutions for all people — to support ente
Company NewsSetting the Record Straight: Deel Responds to Inaccurate Claims
Deel , a global HR admin platform, has recently found itself at the center of several inaccurate claims made against the company. In a statement released on their blog, Deel addresses these allegations, aiming to clear up any misunderstandi
EarningsRecruit Holdings Announces Second Quarter 2023 Financial Results
Tokyo, August 10, 2023 ― Recruit Holdings Co., Ltd. , one of the world’s largest staffing firms and owner of job board Indeed, announced its consolidated financial results for the three months ended June 30, 2023 (April 1, 2023 to June 30,
HotNewsAI and Accountability: The Landmark EEOC Lawsuit Against iTutorGroup for Age Discrimination
In a landmark decision marking the first case of AI discrimination in the United States, the Equal Employment Opportunity Commission (EEOC) charged iTutorGroup with unlawfully programming their online recruitment software to reject older ap
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
EarningsZipRecruiter Announces Net Income of $14 Million for Second Quarter 2023 Results
SANTA MONICA, Calif., Aug. 8, 2023-- ZipRecruiter , a leading online employment marketplace, announced financial results for the quarter ended June 30, 2023. “Against a challenging macroeconomic backdrop, ZipRecruiter was able to deliver $1
Venture CapitalTERRA Staffing Group Expands to the Midwest with Acquisition of ASG Staffing
Everett, WA — TERRA Staffing Group ("TERRA"), an award-winning staffing firm headquarterd in the Pacific Northwest, is pleased to announce the acquisition of ASG Staffing, Inc. (“ASG”). TERRA is backed by Hastings Equity Partners (“Hastin
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
Venture CapitalOne Model: Harnessing AI to Revolutionize People Analytics with $41M Funding
In the rapidly evolving world of HR technology, One Model, an Austin-based startup, is making waves. The company recently announced a successful funding round of $41 million, led by Riverwood Capital. This significant investment is set to f
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
Venture CapitalAvionté, A Leader in Enterprise Staffing and Recruiting Software, Acquires SimpleVMS
BLOOMINGTON, Minn.-- Avionté , a leader in enterprise staffing and recruiting software, announced today it acquired SimpleVMS , a vendor management system (VMS) for mid-to-large employers with a strong clerical and light industrial (CLI) c
Product NewsTriNet Group, Inc. Announces Plans to Launch a $1 Billion Fixed Price Tender Offer and Repurchase From Atairos, Each at A Cost of $107 Per Share of Common Stock
Dublin, CA — July 31, 2023 — TriNet Group, Inc. (NYSE: TNET), a leading provider of comprehensive and flexible human capital management (HCM) solutions for small and medium-size businesses (SMBs), announced its plan to launch a fixed price
Company NewsHumanforce and Datacom Have Announced a Partership, Enabling Clients Wishing to Combine WFM & payroll in a Single, integrated User Experience Greater Options and Flexibility
Sydney, 25th July 2023: Humanforce , a Sydney-based, global provider of human capital management (HCM) solutions, announced a partnership agreement with Datacom , Australasia’s largest homegrown technology solutions provider, to provide an
EarningsRobert Half Reports Second-quarter Financial Results
MENLO PARK, Calif. , July 25, 2023 -- Robert Half Inc. (NYSE: RHI) today reported revenues and earnings for the second quarter ended June 30, 2023. For the three months ended June 30, 2023, net income was $106 million , or $1.00 per sha
Company NewsTriNet Reports Strong Q2 2023 Results with 15% YoY Increase in Net Service Revenue
TriNet, a leading provider of comprehensive human resources solutions for small and medium-size businesses (SMBs), announced its second quarter 2023 results. The company reported a net service revenue of $250 million, up 15% year over year.
EarningsADP Releases Fourth Quarter and Fiscal 2023 Results
ROSELAND, N.J. – July 26, 2023 – ADP (Nasdaq: ADP), a leading global technology company providing human capital management (HCM) solutions, announced its fourth quarter and fiscal 2023 financial results and provided its fiscal 2024 outlook.
Company NewsFactorial Improves AI Tool for Skills-Based Hiring in Response to HR Talent Acquisition Challenges
MIAMI , July 25, 2023 -- As talent acquisition continues to challenge companies nationwide and the skills-based hiring trend grows， Factorial , a leading provider of human resources software solutions, has enhanced its AI-powered CV Reader
Venture CapitalImmediate, a US Earned Wage Access Company, Secures $16M in Funding to Accelerate Expansion in Workplace Financial Health
Immediate, an earned wage access company, announced a $16 million round of funding, split between growth equity and a working capital facility. This will enable Immediate to accelerate its growth in the workplace financial health sector. Th
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
HotNewsThe No Robot Bosses Act of 2023: A Landmark Legislation for Ethical AI in the Workplace, with Insights from New York City's AI Law
In the rapidly evolving landscape of artificial intelligence (AI), the "No Robot Bosses Act of 2023" stands as a beacon of hope for ethical AI practices in the workplace. Introduced by U.S. Senators Bob Casey (D-Pennsylvania) and Brian Scha
Venture CapitalSkillit Secures $8.5M in Additional Funding to Solve Today's Skilled Labor Shortage for Leading Contractor Firms
NEW YORK—- Skillit , the data-driven recruiting platform for skilled, full-time construction labor, announced $8.5M in additional funding co-led by MetaProp and Bow Capital with participation from existing investor Building Ventures. Since
NewsUSCIS's New Form I-9 and Remote Verification Rule Effective August 1: A Significant Step Towards Digital Transformation in Employment Verification
This is a significant development that reflects the ongoing shift towards remote work and digital processes in the wake of the COVID-19 pandemic. The ability to conduct remote documentation and verification will likely streamline the hiring
Venture CapitalAllied Benefit Systems, LLC Acquires Medxoom: the Acquisition Puts Allied at the Forefront of Creating the Next-generation User Experience
CHICAGO , July 18, 2023 -- Allied Benefit Systems, LLC ("Allied"), one of the nation's largest healthcare administrators for employee benefit plans, and its majority equityholder, funds managed by Stone Point Capital LLC , today announced
Company NewsA Human Transformation Company BetterUp Partners with the Employee Experience Platform Microsoft Viva to Drive Peak Performance and Well-Being for Millions in the Workplace
BetterUp unlocks human transformation to supercharge workplace performance, purpose, and productivity through new integration with Microsoft Viva San Francisco, CA – July 18, 2023 – BetterUp® , the human transformation company, today ann
Company NewsFrom Reviews to 'Bowls': Glassdoor's New Initiative Sparks Debate on Workplace Transparency
Glassdoor, renowned for enabling anonymous employer reviews, has introduced a new feature that allows anonymous discussions focused on specific employers and industries. These communities, termed "bowls", are a product of Glassdoor's acquis
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