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Company News

Revolutionizing Coaching: CoachHub Unveils AI Coaching Companion

CoachHub has introduced its AI Coaching Companion, an innovative AI-driven tool integrated into its digital coaching platform AIMY™. Available as an add-on through the CoachHub app in Microsoft Teams, the AI Coaching Companion provides 24/7

May 14, 2024
Product News

ServiceNow unveils new AI-powered capabilities to help improve employee experiences, supercharge talent development, and optimize in-person work

ServiceNow   announced new AI-powered enhancements at Knowledge 2024, aimed at improving talent development and optimizing workplace collaboration. These include integrating AI into learning experiences to better understand skills and suppo

May 10, 2024
Earnings

Fiverr Announces $100M Buyback as Q1 Earnings Beat Expectations

Fiverr International Ltd. reported strong Q1 2024 results, with revenue reaching $93.5 million, a 6.3% increase year-over-year, driven by strategic expansion into complex services and SPB growth of 8%. Despite a challenging hiring environme

May 9, 2024
Product News

Rippling Launches Performance Management

SAN FRANCISCO, May 08, 2024  -- Rippling , the leading unified workforce management platform, today launched  Performance Management . With Performance Management, Rippling customers can run global performance review cycles with 360º feedba

May 8, 2024
Product News

Sense AI Products Pass Bias Audit Conducted by Holistic AI

Sense , a leader in AI-driven talent engagement, has announced that its AI Chatbot and Candidate Matching products passed a bias audit by Holistic AI. This audit ensures compliance with New York City's Local Law 144, which mandates bias aud

May 8, 2024
Venture Capital

In-House Health Raises $4 Million Seed Round, Unveils AI-Powered Scheduling Platform to Combat Nurse Shortage Crisis

In-House Health , co-founded by Ari Brenner, Sergey Vasilenko, and Shachar Har Zvi, has launched an AI-driven scheduling and management platform designed to revolutionize nursing team operations. The platform, which aims to improve the nurs

May 8, 2024
Company News

UKG to Transform Payroll Reporting with Generative AI

UKG announced at the 42nd annual Payroll Congress Convention and Expo the enhancement of payroll reporting with generative AI, termed GenAI, in its UKG Pro suite. This development introduces conversational AI capabilities, allowing payroll

May 8, 2024
Venture Capital

ServiceNow acquires Advance Solutions IP to enhance talent acquisition experience

ServiceNow has acquired Intella, an end-to-end talent acquisition solution from Advance Solutions Corp., to enhance its Now Platform. This acquisition streamlines the recruitment, hiring, and onboarding processes, integrating these function

May 8, 2024
Product News

Cornerstone Redefines Learning and Talent Management with Launch of AI-Powered Workforce Agility Platform, Cornerstone Galaxy

Cornerstone OnDemand announced the launch of Cornerstone Galaxy, a comprehensive AI-powered platform designed to bridge the growing workforce readiness gap. This platform facilitates organizational transformation by identifying skill shorta

May 8, 2024
Earnings

HireRight Reports First Quarter 2024 Results

HireRight Holdings Corporation reported its Q1 2024 financial results, revealing a slight decrease in revenue to $173.2 million from $175.4 million the previous year, and a net loss of $3.3 million, an improvement over last year's $7.9 mill

May 7, 2024
Venture Capital

Legion Secures $50M Growth Investment Led by Riverwood Capital To Accelerate Market Growth and Drive Global Hourly Workforce Innovation

Legion Technologies , a leader in workforce management, has secured a $50 million funding round led by Riverwood Capital, with participation from various investors. This investment will enhance Legion's R&D and market expansion efforts, aim

May 7, 2024
Company News

New Generation of AI Platforms Set to Revolutionize the $200 Billion HR Technology Market, Says Josh Bersin Company

The Josh Bersin Company has unveiled a significant shift in HR technology with the rise of Enterprise Talent Intelligence systems. These AI-driven platforms, moving beyond mere talent acquisition, now encompass career development, leadershi

May 7, 2024
Product News

Benefit Harbor Unveils BHAI: A Revolutionary AI Platform to Enhance HCM & Workforce Management

Benefit Harbor , a leader in Benefit Administration for over 2.8 million individuals, has announced the launch of BHAI, an AI-driven platform that revolutionizes benefits management for ERP users. This platform provides customized benefits,

May 7, 2024
Earnings

TrueBlue Reports First Quarter 2024 Results

TrueBlue reported a 13% decline in revenue to $403 million in Q1 2024, with a net loss of $2 million, an improvement from the previous year's $4 million loss. Key financial measures include a 13% reduction in SG&A expenses, an adjusted EBIT

May 6, 2024
Venture Capital

Kelly enters agreement to acquire specialty talent solutions company, Motion Recruitment Partners, LLC

Kelly , a leading global talent solutions provider, has announced a significant agreement to acquire Motion Recruitment Partners, LLC (MRP), a specialty talent solutions company. This transformative acquisition aims to bolster Kelly's scale

May 3, 2024
Earnings

Paylocity Announces Third Quarter Fiscal Year 2024 Financial Results

Paylocity Holding Corporation reported strong financial results for Q3 of fiscal year 2024, with a significant 18% increase in total revenue, reaching $401.3 million. Recurring and other revenues also rose by 17%, totaling $366.8 million. A

May 2, 2024
Earnings

Upwork Reports First Quarter 2024 Financial Results

Upwork Inc. reported a robust Q1 2024 with a significant increase in net income to $18.4 million and Adjusted EBITDA to $33.3 million, marking substantial improvements from the previous year. The company announced a 19% year-over-year reven

May 2, 2024
Product News

Qualtrics' AI Innovations: A New Era for Employee Experience and Retention Strategies

New AI-powered solutions across the Qualtrics XM for Employee Experience suite enable leaders to understand employees more deeply, recognize meaningful trends and deliver a measurable impact on business results Qualtrics XM for Employee Exp

May 1, 2024
Company News

Announcing Our 2024 Workday Partner Innovation Award Winners

These awards honor select services and software partners for their commitment to our customers’ success, demonstrated by their innovative extensions of Workday solutions. Read on to learn this year’s winners. In this article we discuss: Wor

May 1, 2024
Product News

Phenom Releases Massive Wave of HR Tech Innovation: Talent Experience Engine, Next-GenAI Agents, New Platform Experiences, and Updates for Talent Acquisition and Talent Management

Phenom has unveiled a significant update to its HR tech offerings during the IAMPHENOM 2024 Product Innovation Keynote in Philadelphia. The update introduces several new features aimed at enhancing talent acquisition and management. These i

Apr 26, 2024
Product News

Perceptyx 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

Apr 24, 2024
Venture Capital

Keep 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

Apr 24, 2024
Venture Capital

401GO Raises $12M Series A to Fuel Next Phase of Growth

401GO , a fintech company specializing in modern retirement solutions, has successfully secured $12 million in Series A funding led by Next Frontier Capital, with participation from Rally Ventures, Impression Ventures, and Stout Street Capi

Apr 23, 2024
Venture Capital

Rippling Raises $200 Million at $13.5 Billion Valuation to Expand Integrated Business Software Suite

Rippling has successfully secured $200 million in new financing and arranged for the repurchase of up to $590 million in equity, involving both current and former employees as well as early investors. This funding round, which values Rippli

Apr 22, 2024
Venture Capital

ShiftMed Acquires CareerStaff Unlimited MSP to Expand Leading Digital On-Demand Nursing Platform

ShiftMed, a leader in on-demand workforce technology, announced the acquisition of CareerStaff Unlimited from Genesis HealthCare. This move expands ShiftMed's digital healthcare staffing capabilities and includes a seven-year exclusive agre

Apr 22, 2024
Venture Capital

HR Path Acquires GroupeX, leading HCM provider in North America

HR Path Group announced its acquisition of Toronto-based GroupeX Solutions, a key move to strengthen its presence in North America and enhance its HRIS consulting capabilities. GroupeX, known for its partnerships with major software vendors

Apr 22, 2024
Company News

UKG 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

Apr 19, 2024
Earnings

ManpowerGroup 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

Apr 18, 2024
Venture Capital

RIVET raises $6 Million to expand Workforce Management to more contractors

Rivet.Work   a leading Workforce Management platform for electrical construction, has successfully secured $6 million in funding, led by Brick & Mortar Ventures, with participation from other investors including defy.vc. This new capital br

Apr 17, 2024
Company News

Upwork Premieres New Partner Program to Expand Ecosystem of Companies Transforming How We Work

U pwork  (NASDAQ: UPWK) has unveiled the Upwork Partners program, a new initiative designed to enhance business collaborations and increase productivity through the integration of skilled independent professionals. The program includes thre

Apr 17, 2024
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