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The HRTech Wire →This week's briefing →Submit newsPublish a sponsored article — $300TriNet 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
EarningsKelly 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
Product NewsBoost Employee Happiness with AI: BambooHR Unveils Cutting-Edge eNPS Insights
BambooHR introduces an innovative AI-powered feature to its cloud-based HR platform, aiming to revolutionize how companies gauge and improve employee satisfaction. The new AI Topic Summaries for eNPS enable efficient analysis of employee fe
Company NewsJob 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
Product NewsSourceNow announces the launch of SourceNow VMS: The Evolutionary Breakthrough Transforming Temporary Staff Management
SourceNow has launched a groundbreaking Vendor Management System (VMS), SourceNow VMS, designed to revolutionize temporary staff management. This comprehensive ecosystem aims to address the challenges of traditional temporary staffing metho
EarningsUpwork 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
Company NewsLMS365 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
Company NewsFama Technologies Announces Groundbreaking "TikTok Screening" Feature in its Modern Candidate Screening Solution
Fama Technologies has introduced a groundbreaking "TikTok as a Source" feature for modern candidate screening, leveraging AI to analyze TikTok's publicly available video content. This innovative tool focuses on identifying critical miscondu
Venture CapitalHiBob Acquires UK Payroll Automation Platform Pento
HiBob announces its strategic acquisition of Pento, a leading UK-based cloud payroll automation platform, marking a significant step towards enhancing its 'all-in-one' modern human capital management offering. This move, aimed at integratin
Company NewsRecruit 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
Company NewsPaylocity 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
Company NewsFrontline Workers Have Greater Mental Health Needs, Yet Are Less Likely to Seek Help, Study Finds
The meQuilibrium study highlights a significant mental health crisis among frontline workers, revealing they face higher rates of anxiety, depression, and stress compared to their non-frontline counterparts. Despite the greater need for sup
Product NewsSmartRecruiters 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
Company NewsInsperity 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
Company NewsRecord-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
Company NewsChris 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
ColumnMcLaren Racing Expands Partnership with Workday for the 2024 Formula 1 Season
McLaren Racing has announced the expansion of its partnership with Workday, a leader in enterprise cloud applications for finance and HR, into the 2024 Formula 1 season. Workday, continuing as an Official Partner, will feature its logo on t
Company NewsUKG Launches Global Innovation Hub in Bulgaria
UKG Inc., a leading provider of HR, payroll, workforce management, and culture solutions, has announced the opening of its new Global Innovation Hub in Bulgaria, aiming to accelerate the delivery of solutions that foster great workplace exp
Venture CapitalColossyan'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
ColumnUKG: 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
Company NewsFountain Ushers in a New Era of Workforce Management with the Launch of Fountain Onboard and Fountain Compliance
Fountain introduces Fountain Onboard and Fountain Compliance, AI-driven solutions transforming workforce management for frontline workers. These platforms streamline onboarding and compliance, enhancing efficiency, engagement, and retention
Company NewsBambooHR® Expands All-In-One HRIS With New Employee Community and Total Rewards
BambooHR®, a leader in cloud-based human resource solutions, has unveiled two innovative tools: Employee Community and Total Rewards. These offerings aim to revolutionize internal communication and compensation understanding within organiza
Company NewsPerceptyx Releases New AI-Powered Insights to Transform the Employee Experience
Perceptyx has unveiled a revolutionary upgrade to its People Insights Platform, integrating advanced AI and analytics to elevate the employee experience (EX). This update introduces an AI Insights Engine, leveraging machine learning to prov
FundingModern 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
Company NewsADP® Assist with Generative AI Features Makes HCM Decisions Easy, Smart and Human
ADP, a global technology company specializing in human capital management (HCM) solutions, has unveiled ADP Assist, a cross-platform solution powered by generative AI (GenAI). This innovative tool enhances HR productivity, aids in data-driv
Venture CapitalFora 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
Company NewsADP'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
Company NewsCarl 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
Company NewsFormer 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
EarningsRobert 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
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