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Company News

Paylocity Q3 FY2025 Revenue Rises 13% to $454.5M, Adjusted EBITDA Hits $197M

Paylocity reported strong third-quarter fiscal 2025 results, highlighted by double-digit revenue and earnings growth. The company posted total revenue of $454.5 million, up 13% year-over-year, with recurring revenue rising 15% to $421.1 mil

May 2, 2025
Product News

HireClix Launches JobFlow SEO to Improve Employer’s Search Engine Optimization for Job Postings on Google and Beyond

HireClix has introduced JobFlow SEO , a new recruitment marketing solution designed to enhance the visibility of job postings across search engines like Google. Compatible with any applicant tracking system (ATS), this tool helps employers

Apr 22, 2025
Venture Capital

HireRight Acquires ClearChecks to Expand SMB Screening Services with Next-Gen Technology

HireRight has announced the acquisition of ClearChecks , a background screening company focused on small-to-medium-sized businesses (SMBs). This move aims to enhance HireRight's self-service platform, backgroundchecks.com, by integrating Cl

Apr 11, 2025
Company News

“The Spy in the Slack Channel”: Inside the Silicon Valley Espionage Scandal Between Rippling and Deel

In a plot that feels more like the screenplay of a corporate thriller than a courtroom reality, two of Silicon Valley’s most celebrated HR tech unicorns—Rippling and Deel—are now locked in a high-stakes legal war involving secret communicat

Apr 4, 2025
Company News

Paychex Reports Q3 FY2025 Revenue of $1.51B and Adjusted EPS of $1.49, Announces Paycor Acquisition to Close in April

Paychex , Inc. reported a solid third quarter for fiscal 2025, achieving 5% year-over-year revenue growth and 6% growth in operating income. The company recorded $1.49 in adjusted diluted EPS, up 8% from the prior year. Notably, Paychex ent

Mar 26, 2025
Venture Capital

Palo Alto-Based Lumber Raises $15.5M Series A to Transform AI-Powered Construction Workforce Management

Lumber , an AI-powered workforce management platform for the construction industry, has secured a $15.5 million Series A funding led by Foundation Capital , with participation from Tishman Speyer, Carbide Ventures, 8VC, Sure Ventures, and F

Mar 25, 2025
Product News

Oracle Expands Cloud HCM with AI-Powered Employee Engagement & Event Management

Oracle has introduced new communication and event management capabilities within Oracle ME, part of Oracle Fusion Cloud HCM, to enhance employee engagement and organizational culture. These updates allow HR teams to manage company-wide even

Mar 20, 2025
Venture Capital

Sonder raises $40M and surpasses 1 million members as workplace health and safety demand surges

Sonder , a workplace safety, medical, and mental health support company, has raised A$40 million in funding led by Blackbird Ventures and SEEK, with support from Hostplus Super and MA Growth Ventures. The company has surpassed 1 million mem

Mar 11, 2025
Venture Capital

Helios Raises $15.5M to Transform Global Payroll & Workforce Management with AI

Helios , an AI-powered workforce management platform, has secured $15.5 million in seed funding to enhance how global companies hire, manage, and pay their teams compliantly. Founded by HR tech innovator Rick Hammell, Helios integrates payr

Mar 4, 2025
Earnings

Adecco Group Q4 2024 Earnings Report: Revenue at €5.87 Billion, Net Profit Exceeds Expectations at €73 Million

The Adecco Group reported Q4 2024 revenue of €5.87 billion, a 5% organic decline. Despite revenue contraction, the company saw improving momentum, with net profit surpassing forecasts at €73 million. CEO Denis Machuel highlighted cost reduc

Feb 26, 2025
Company News

Paylocity Announces Second Quarter Fiscal Year 2025 Financial Results

Paylocity reported strong financial results for Q2 FY2025, with total revenue reaching $377.0 million, a 16% YoY increase. Recurring & other revenue grew 17% YoY to $347.7 million, driven by strong sales and product innovation. GAAP operati

Feb 7, 2025
Venture Capital

Selerix Acquires TBX® to Create an All-in-One Benefits Administration SaaS Platform

Selerix , a leading provider of cloud-based benefits administration solutions, has acquired The Benefits eXpert® ( TBX® ), a technology company specializing in employee benefits education and enrollment. The acquisition aims to create a com

Feb 6, 2025
Company News

Dayforce Reports $1.76B in Revenue for 2024, Driving HR Tech Growth

Dayforce , a leading human capital management (HCM) technology provider, reported strong financial results for Q4 and FY 2024, with total revenue reaching $1.76 billion (up 16.3% YoY) and recurring revenue climbing to $1.34 billion (up 20.6

Feb 5, 2025
Company News

Nationally Acclaimed Government Organization Creates Flexible, Empowering Workforce Experience with UKG

Western DuPage Special Recreation Association (WDSRA), a government organization offering inclusive programs for individuals with special needs, has implemented the UKG Ready suite to streamline HR, payroll, and workforce management. By ado

Feb 5, 2025
Product News

G-P Delivers New AI Advancements and Expands AI Innovation Across Employer of Record (EOR) and Global Employment Products

G-P, a leader in global employment solutions, has introduced new AI-powered advancements across its suite of products, including Employer of Record (EOR), Contractor, and G-P Gia™ . These enhancements leverage generative AI (GenAI) and agen

Feb 3, 2025
Company News

Coursera Reports Fourth Quarter and Full Year 2024 Financial Results

Coursera (NYSE: COUR) announced its Q4 and full-year 2024 financial results, reporting $694.7 million in revenue for the year, a 9% increase from 2023. The company achieved positive Adjusted EBITDA of $41.5 million , marking a financial tur

Jan 30, 2025
Product News

BetterUp Launches AI Coaching: Bridging Human Expertise and AI Innovation to Transform Organizational Impact at Scale

BetterUp has launched an AI-powered coaching platform that blends human expertise with AI innovation to scale personalized coaching across organizations. This offering integrates evidence-based methods, AI insights, and behavioral science t

Jan 21, 2025
Company News

DHI Group, Inc. Announces Strategic Reorganization Separating the Dice and ClearanceJobs Businesses to Better Capitalize on Unique Market Dynamics

DHI Group, Inc. has announced a strategic reorganization to split its operations into two distinct divisions: Dice and ClearanceJobs. This move aims to focus on the unique market demands of each brand, streamline operations, and improve pro

Jan 14, 2025
Venture Capital

Payfare Enters into Definitive Agreement to be Acquired by Fiserv

Payfare Inc., a global leader in Earned Wage Access (EWA) and digital banking for workforces, has entered into a definitive agreement to be acquired by Fiserv, Inc., a leading financial services technology provider. The all-cash deal values

Dec 23, 2024
Company News

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
Company News

UKG Hires Sarah Hodges as Chief Marketing Officer

UKG , a leader in HR, payroll, and workforce management solutions, has appointed Sarah Hodges as Chief Marketing Officer (CMO), effective January 6, 2025. With over 20 years of marketing expertise from Autodesk and Procore Technologies, Hod

Dec 16, 2024
Product News

Paychex Introduces HR Analytics Premium Plus Solution with Built-in GenAI Capabilities

Paychex has launched HR Analytics Premium Plus, an advanced solution integrating generative AI insights to empower SMBs with enterprise-level workforce analytics. This enhanced offering within the Paychex Flex platform combines benchmarking

Nov 21, 2024
Company News

Docebo Posts $55.4M Revenue in Q3 2024, Driven by 21% Growth in Subscription Revenue

Docebo reported strong third-quarter 2024 results, showcasing a 19% year-over-year revenue increase, primarily driven by subscription growth which constituted 95% of its total revenue. The company recorded a net income of $5 million and adj

Nov 8, 2024
Earnings

Empower Reports Record Q3 Earnings: $264 Million After-Tax Base Earnings, $1.8 Trillion AUA, and 46% Net Asset Growth in Personal Wealth

Empower posted record third-quarter earnings driven by strong market returns, business growth, and increased sales. Year-over-year base earnings surged by 35%, reaching $264 million, while assets under administration rose to $1.8 trillion,

Nov 7, 2024
Company News

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
Company News

Paylocity Reports $363M Q1 Revenue with 14% Growth, Driven by Airbase Acquisition

Paylocity 's first-quarter fiscal 2025 report highlights a strong start, with 14% growth in recurring and total revenue year-over-year, reaching $363 million. The recent acquisition of Airbase marks an expansion into finance and spend manag

Oct 30, 2024
Company News

Dayforce Reports Impressive Q3 2024 Results: $440 Million in Total Revenue, 19% Growth in Recurring Revenue

Dayforce, a global leader in human capital management technology, reported strong financial performance for Q3 2024, with a notable increase in total revenue to $440.0 million, up 17% year-over-year. Recurring revenue from the Dayforce plat

Oct 30, 2024
Product News

Paycor Launches Integration Platform to Transform Connectivity

Paycor has launched its new Integration Platform, aimed at simplifying the connection between its human capital management (HCM) software and third-party business applications. The platform offers three core services: Paycor Marketplace wit

Oct 29, 2024
Product News

SAP SuccessFactors Second Half 2024 Product Release: Embedding AI Across SAP SuccessFactors HCM

The SAP SuccessFactors 2H 2024 release brings over 250 innovative features, including 30 new AI capabilities designed to transform HR management. Key updates include enhanced AI-driven job recommendations, skills architecture creation, and

Oct 28, 2024
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