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Company News

TriNet Announces Retirement of Burton M. Goldfield and Appoints Mike Simonds President and CEO

TriNet, a leading HR solutions provider for SMBs, announces the retirement of CEO Burton M. Goldfield and the appointment of Mike Simonds as the new President and CEO. Goldfield led TriNet through significant growth, including a successful

Feb 15, 2024
Earnings

Kelly Services Inc (KELYA) Reports Q4 Earnings: Adjusted EBITDA Margin Expands Amidst Flat Revenue

Kelly Services Inc (KELYA) announced its Q4 financial results, highlighting stability with flat revenue at $1.2 billion and significant improvements in profitability. Operating earnings surged by 59% to $7.3 million, and net earnings showed

Feb 15, 2024
Company News

Job Mobz Announces Hiring Matt Charney as New Editor-in-Chief

Job Mobz, a prominent global recruitment firm, has recently announced the appointment of Matt Charney as Editor-in-Chief following its acquisition of Recruiter.com. This strategic move aims to reinvest in and reposition Recruiter.com as an

Feb 15, 2024
Earnings

Upwork Reports Fourth Quarter and Full Year 2023 Financial Results

Upwork Inc. reported significant financial achievements for the fourth quarter and full year of 2023, demonstrating robust growth and profitability. The company's fourth-quarter GAAP Net Income reached $17.4 million with an Adjusted EBITDA

Feb 14, 2024
Company News

LMS365 and Go1 Forge Strategic Partnership to Deliver a Diverse, World-Class Workplace Learning Experience Facilitating Upskilling and Reskilling Across the Workforce

LMS365, a leading AI-powered learning platform integrated with Microsoft 365 and Teams, has announced a strategic partnership with Go1, the world's largest online learning library. This collaboration introduces a powerful blend of technolog

Feb 14, 2024
Company News

Recruit Holdings Q3 Financial Report: Navigating Challenges with Strategic Precision

Recruit Holdings Co. Ltd., a leading global staffing firm, faced a slight revenue decline in Q3 FY2023, with total revenue at approximately USD 5.8 billion, a 1.5% decrease year-over-year. This dip, adjusted to 4.5% excluding currency benef

Feb 12, 2024
Company News

Paylocity Surges with $326.4M Revenue in Q2 FY2024: A Glimpse into Cloud HCM's Expanding Market Dominance

Q 2   2024  Recurring & Other Revenue of  $298.4 million ,  up   16%  year-over-year Q 2   2024  Total Revenue of  $326.4 million ,  up   20%  year-over-year SCHAUMBURG, Ill, Feb. 08, 2024  Paylocity Holding Corporation (Nasdaq: PCTY), a le

Feb 8, 2024
Product News

SmartRecruiters Unveils Next-Gen SmartRecruiters Marketplace

SmartRecruiters announces the launch of its updated Marketplace, a cutting-edge hub designed to empower companies in creating their ideal recruitment ecosystem. With over 600 technology and 60 service partners, it stands as the most compreh

Feb 8, 2024
Company News

Insperity Announces Fourth Quarter and Full Year 2023 Results

Breaking New Grounds: Insperity's Revenue Hits $6.5 Billion, Fueled by Expansion and Workday Collaboration In their latest financial report, Insperity showcased impressive growth with a 2023 revenue of $6.5 billion, up 9% year-over-year, an

Feb 8, 2024
Company News

Record-Breaking 2023: Paycom Reports Annual Revenues of $1.694 Billion, Up 23%

Paycom Software , Inc. Reports Fourth Quarter and Year-End 2023 Results Full Year Revenues of $1,694 million, up 23% year-over-year Full Year GAAP Net Income of $341 million, representing 20% of total revenues, or $5.88 per diluted share Fu

Feb 7, 2024
Company News

Chris Thomas Promoted to Paycom Co-CEO with Chad Richison

Paycom Software , Inc. announces Chris Thomas as Co-CEO alongside Chad Richison. With a history of leadership and innovation, Paycom's strategic move aims to enhance its growth and service in the HR tech industry. OKLAHOMA CITY Paycom Softw

Feb 7, 2024
Venture Capital

Colossyan's Strategic Leap: Pioneering the Future of AI-Driven Corporate Learning with $22M Series A Funding

Colossyan , a Hungarian-founded, UK-based startup, has successfully raised $22 million in Series A funding, led by European VC firm Lakestar, to advance its AI-driven video production platform. This technology, designed to transform digital

Feb 6, 2024
Column

UKG: An Estimated 16.1 Million U.S. Employees to Miss Work Super Bowl Monday, Millions More Plan to Show Up Late

This article examines the impact of Super Bowl LVIII on workplace absenteeism and productivity in the U.S., based on research conducted by The Harris Poll for the UKG Workforce Institute. An estimated 16.1 million U.S. employees are expecte

Feb 5, 2024
Company News

Workday Appoints Chikara Furuichi as the New President of Japan

Workday, Inc. announces the strategic appointment of Chikara Furuichi as the new President of Japan, underscoring its dedication to expansion within the Japanese market. With over 25 years of experience in IT, SaaS security, and cloud servi

Feb 5, 2024
Funding

Modern Benefits Leader, Benepass, Secures $20M in Funding

Benepass , a leader in modern benefits, announced a $20M funding round to expand its platform and accelerate product development. With over 100,000 employees from top companies using its services, the investment, led by Portage and Clocktow

Jan 31, 2024
Venture Capital

Fora Launches Visionary Executive Relationship Management (ERM) Platform With $3.8 Million in Pre-Seed Funding

Fora has launched an Executive Relationship Management (ERM) platform, revolutionizing C-suite decision-making with advanced AI technology. Funded by $3.8 million in pre-seed investment, Fora offers a unique solution to the challenges faced

Jan 31, 2024
Company News

ADP's Fiscal 2024 Q2 Report: A Financial Deep Dive into $4.7 Billion Revenue and Earnings Surge

ADP , a global leader in human capital management solutions, reported a 6% revenue increase in the second quarter of fiscal 2024, reaching $4.7 billion. The growth, consistent in organic constant currency, reflects the company's robust fina

Jan 31, 2024
Company News

Carl Eschenbach Takes the Helm as Workday CEO

Official Appointment Follows a Year of Strong Business Momentum, International Expansion, and Leadership Team Growth PLEASANTON, Calif. ,  Jan. 31, 2024    Workday  (NASDAQ: WDAY), a leader in enterprise cloud applications for  finance  and

Jan 31, 2024
Company News

Former U.S. Bureau of Labor Statistics Commissioner Dr. William Beach Joins UKG Workforce Institute Advisory Board

LOWELL, Mass. & WESTON, Fla.The  UKG   Workforce Institute   —   a think tank known for its  global research  and  actionable insights  on what’s impacting HR, organizations, and their people — is pleased to welcome Dr. William Beach, labor

Jan 31, 2024
Earnings

Robert Half Reports Fourth-Quarter Financials: $1.473 Billion in Revenue

Robert Half Inc. reported its fourth-quarter financial results, highlighting significant outcomes and future prospects. The report shows a net income of $87 million, or $0.83 per share, on revenues of $1.473 billion for the quarter ending D

Jan 30, 2024
Earnings

A $4.6 Billion Q4 for ManpowerGroup: Balancing Revenue Decline with Strategic Foresight

Revenues of  $4.6 billion  (-4% as reported, -5% constant currency) Continuation of challenging environment in  North America  and  Europe  during the quarter, solid demand in LATAM and APME Gross profit margin of 17.5%. Staffing margins re

Jan 30, 2024
Venture Capital

Compa's $10M Series A Funding Led by Storm Ventures: Pioneering the Future of Real-Time Compensation Data

Compa, a leading provider of real-time compensation market data, recently secured $10 million in Series A funding, led by Storm Ventures. This investment is a testament to Compa's innovative approach to compensation intelligence, which devi

Jan 29, 2024
Earnings

ServiceNow Reports Fourth Quarter and Full-Year 2023 Financial Results

ServiceNow , a leader in digital workflow solutions, has exceeded its guidance in all top-line growth and profitability metrics for Q4 2023. The company reported a remarkable 27% year-over-year growth in subscription revenues, reaching $2,3

Jan 25, 2024
Product News

Top 10 HRTech & Future of Work Conferences 2024: Must-Attend HR Events Guide

In the fast-evolving HR landscape, attending conferences is crucial for professionals keen on staying abreast of new trends, networking, and exploring the latest technologies. To assist you in selecting the most impactful events, we've comp

Jan 23, 2024
Venture Capital

Huler Gains Additional £1.5 Million Investment from MEIF and Mercia Ventures

Huler , a worktech company, has secured an additional £1.5 million Seed Follow On investment from the MEIF Proof of Concept & Early Stage Fund, managed by Mercia Ventures. This investment, part of the Midlands Engine Investment Fund, will s

Jan 22, 2024
Company News

Paychex Declares Quarterly Dividend and Authorizes $400 Million Stock Repurchase

ROCHESTER, N.Y. Paychex, Inc ., a leading provider of integrated human capital management software solutions for human resources, employee benefits, insurance services, and payroll, today announced a quarterly dividend of $.89 per share pay

Jan 19, 2024
Venture Capital

DailyPay Closes Transactions Totaling $175 Million; Company's Valuation Increases by 75%

DailyPay, a New York City-based company specializing in on-demand pay solutions, has successfully raised over $175 million through a mix of debt and equity funding. This substantial financial injection includes $100 million in increased sec

Jan 18, 2024
Company News

Jeremy Friedman Appointed as HireVue CEO to Lead Next Phase of Growth

HireVue , a global pioneer in Human Potential Intelligence, embarks on a new chapter with the appointment of Jeremy Friedman as CEO. Friedman, with a rich background in educational technology, notably as co-founder and CEO of Schoology, bri

Jan 18, 2024
Venture Capital

Remuner, a Barcelona Startup, Secures €2M Funding to Transform Variable Compensation Management with AI

In a remarkable stride for the HR technology sector, Barcelona's emerging AI startup, Remuner , has successfully closed a €2 million Pre-Seed funding round. This significant milestone, led by the Silicon Valley-based fund Pear VC, comes mer

Jan 18, 2024
Venture Capital

Empowering the Workforce: weavix Raises $23.6M in Series B for AI-Enhanced Worker Connectivity

weavix , a Wichita-based technology firm, has announced a significant milestone in its growth journey by securing $23.6 million in Series B funding. This investment round, led by global software investor Insight Partners, with contributions

Jan 16, 2024
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