Search results for “labor market”

WorkWhile Secures $23 Million Series B, Fueling AI-Powered Revolution in $650B Staffing Industry

WorkWhile , an AI-driven labor platform transforming the $650B staffing industry, has raised $23 million in a Series B round led by Rethink Impact. The company leverages machine learning to match businesses with reliable hourly workers, ach

Jun 16, 2025

Earnings

ZipRecruiter Reports $110.1M Revenue in Q1 2025 Amid Hiring Slowdown

Quarterly revenue of $110.1 million Quarterly net loss of ($12.8) million, or net loss margin of (12)% Quarterly Adjusted EBITDA of $5.9 million, or Adjusted EBITDA margin of 5% SANTA MONICA, Calif.---ZipRecruiter ® (NYSE: ZIP), a leading

May 8, 2025

Revelio Labs Acquires Salary Board to Expand Global Compensation Analytics

Revelio Labs , a leading provider of workforce intelligence, has acquired Salary Board, a prominent player in real-time compensation data and labor market insights. This strategic acquisition expands Revelio Labs' global dataset and enhance

May 2, 2025

Checkr Expands into Employment Verification with Acquisition of Truework

Checkr has announced its acquisition of Truework , a major player in income and employment verification. This strategic move allows Checkr to expand beyond background checks into the multi-billion dollar employment verification industry. Tr

Apr 17, 2025

Josh Bersin Company's Galileo™ Leaps Ahead with Next-Gen Reasoning Model & Industry-Leading Skills and Jobs Knowledge Base

With a new reasoning model, Galileo™ Mercury release now features "chain of thought" processing for advanced AI capability. A New "Consultant Mode" transforms Galileo into an HR and organizational consultant. Vast datasets of jobs, skills,

Apr 10, 2025

NYC Startup Ropes Secures $3.1M to Expand Role-Specific Skill Evaluations

Ropes , a New York-based AI hiring startup, has raised $3.1 million in seed funding led by GSV Ventures to expand its innovative platform that assesses technical candidates based on real-world simulations. Unlike traditional tests or biased

Apr 3, 2025

Canada-Based Ribbon Lands $8M to Build the AI-First Hiring Platform for High-Turnover Industries

Ribbon , an AI-native hiring platform, aims to fix the broken recruitment system by offering intelligent, voice-based interviews and real-time analytics that drastically reduce hiring times and improve candidate experiences. Backed by $8M i

Mar 31, 2025

The Adecco Group and Salesforce Launch New Company to Integrate Human and AI Talent

The Adecco Group, in collaboration with Salesforce, has launched a new company aimed at seamlessly integrating human and digital talent in the workforce. This venture will utilize Salesforce's digital labor platform, Agentforce, and Adecco'

Mar 27, 2025

ZipRecruiter Announces Fourth Quarter and Full Year 2024 Results

ZipRecruiter reported annual revenue of $474 million, with Adjusted EBITDA reaching $78 million, representing a 16% margin. However, the company also posted a net loss of $12.9 million, resulting in a -3% net income margin. Despite macroeco

Feb 26, 2025

Paycom Software, Inc. Reports Fourth Quarter and Year-End 2024 Results

aycom Software, Inc. (NYSE: PAYC) reported strong financial results for Q4 and full-year 2024. The company achieved $1.88 billion in annual revenue, up 11% year-over-year , with a GAAP net income of $502 million (27% of total revenues). Adj

Feb 12, 2025

Paychex Q2 FY2025: Revenue Reaches $1.32 Billion, 5% Growth Driven by HR and PEO Solutions

Paychex , Inc. reported a robust second quarter for fiscal 2025, showcasing a 5% year-over-year revenue growth, amounting to $1.32 billion, and a 6% increase in diluted earnings per share to $1.14. Excluding the Employee Retention Tax Credi

Dec 19, 2024

Column

ADP National Employment Report: Private Sector Employment Increased by 146,000 Jobs in November; Annual Pay was Up 4.8%

The November ADP National Employment Report reveals a 146,000-job increase in the private sector, with annual pay up by 4.8% year-over-year. This independent report, derived from anonymized payroll data from over 25 million employees, offer

Dec 4, 2024

People Analytics Teams Still Struggle to Deliver Business Impact, Warns The Josh Bersin Company

A new study by The Josh Bersin Company highlights the challenges facing People Analytics teams worldwide. Despite increasing investments, only 10% of teams deliver high-level business impact. To avoid marginalization, experts urge a shift t

Nov 19, 2024

UKG Launches AI-powered Talent Marketplace Solution to Optimize Skills Development and Close Critical Labor Gaps

UKG has launched the UKG Pro Talent Marketplace, an AI-driven solution to help companies manage internal talent and tap into external gig resources. Designed for both frontline and knowledge workers, the platform empowers employees with too

Nov 12, 2024

Craftt Closed $2M Seed to Offer Universal Benefits with Future of Work Decentralized Platform

Craftt, a decentralized platform targeting the modern workforce, has raised $2 million in seed funding led by Superscrypt with participation from DCG and prominent angel investors. Built for independent workers, Craftt aims to provide unive

Nov 7, 2024

ZipRecruiter Resilient Amid Hiring Slowdown with $117.1M Q3 Revenue and Share Repurchase Boost

ZipRecruiter has released its third-quarter 2024 financial results, reporting $117.1 million in revenue but a net loss of $2.6 million. Despite hiring challenges, CEO Ian Siegel reaffirms the company's confidence in the U.S. labor market an

Nov 6, 2024

Earnings

Heidrick & Struggles Q3 Financials: Revenue Up 6% to $278.6M, Strengthening Global Talent Solutions

Heidrick & Struggles reported solid third-quarter 2024 results, with revenue growth across all segments, hitting $278.6 million—a 6% year-over-year increase. Strengthening its leadership in talent solutions, the company achieved an EPS of $

Nov 4, 2024

Workday and Compa Partner to Revolutionize Compensation with Real-Time Data

Workday and Compa have announced a new partnership aimed at transforming how organizations approach compensation by integrating Compa's real-time market intelligence data into Workday’s platform. This collaboration will empower HR teams to

Nov 4, 2024

Earnings

Paycom Q3 2024: A Financial Deep Dive – Revenues Climb to $452M, Up 11%

Paycom Software, Inc. reported robust financial results for the third quarter of 2024, announcing revenues of $452 million, an 11% increase year-over-year. The company's GAAP net income was $73 million, equivalent to $1.31 per diluted share

Oct 30, 2024

TalentNeuron Acquires HRForecast, Launches First Unified Strategic Workforce Planning Platform

TalentNeuron, backed by Leeds Equity Partners, has acquired HRForecast, a strategic workforce planning and skills management software provider. This acquisition will create the first end-to-end platform integrating internal workforce data w

Oct 24, 2024

Cornerstone Introduces AI-Powered Virtual Companions

Cornerstone OnDemand Inc. , has introduced Immerse Companion, a generative AI-powered solution designed to enhance personalized learning, coaching, and expert-led skill-building in real-time. Unveiled at UNLEASH World 2024, Immerse Companio

Oct 16, 2024

Zeal Raises $15M to Revolutionize Payroll for the Gig and Modern Workforce

Zeal , a leading payroll platform for modern workforces, has secured $15 million in a Series B funding round led by Portage, with contributions from Spark Capital and Commerce Ventures. This funding will drive innovations in payroll automat

Oct 10, 2024

Column

Paychex, Inc. Reports Solid First Quarter Results

Paychex, Inc. reported solid financial results for the first quarter of fiscal 2025, with a 3% increase in total revenue, reaching $1.3 billion. Adjusted diluted earnings per share rose by 2%, despite challenges such as the expiration of th

Oct 2, 2024

Empower Acquires OptionTrax to Deliver Integrated Equity Compensation Solutions

Empower , a leading retirement and wealth management provider, has acquired Plan Management Corporation (PMC), the company behind OptionTrax ® , a comprehensive digital equity compensation platform. This acquisition will enhance Empower’s s

Sep 23, 2024

Workday Global Workforce Report: Job Market Tightens as AI Reshapes Hiring Processes

Workday's Global Workforce Report for the first half of 2024 highlights a notable trend in the labor market: job applications are increasing four times faster than job openings, creating a competitive landscape for job seekers. Despite this

Sep 10, 2024

Lightcast Acquires Talent Intelligence Provider Stratigens

Lightcast , a leader in global labor market data and analytics, has acquired Stratigens, a UK-based talent intelligence provider known for its data science expertise and innovative analytics. Founded by Alison Ettridge, Stratigens excels in

Aug 27, 2024

Salary.com Adds AI-Powered Real-Time Job Posting Data to Portfolio of Compensation Solutions

Salary.com has introduced SalaryIQ™, an AI-powered, real-time job posting database designed to enhance compensation and recruiting strategies. Leveraging 25 years of experience in job matching, SalaryIQ uses machine learning to scan milli

Aug 21, 2024

Paychex Launches Digital Employee Benefits Marketplace

Paychex has launched Paychex Flex® Perks, a digital marketplace offering a range of employee benefits tailored to today's diverse workforce. This integrated e-commerce platform allows employees to self-select benefits like early access to e

Aug 19, 2024