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The HRTech Wire →This week's briefing →Submit newsPublish a sponsored article — $300BambooHR® 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
Company NewsModern HR Software Solutions Introduce New Features to Enhance Workplace Efficiency in 2024
New AI-powered applicant tracking, precise geofencing, advanced insights, time-saving documentation, and payroll integration MIAMI , Jan. 30, 2024 With the New Year underway, many businesses are reevaluating their HR software solutions to
Company NewsFiverr’s Winter Product Release: Packed With New Features to Keep Businesses and Freelancers Ahead of The Game and Introducing Fiverr Agencies
Fiverr's Winter Product Release in 2024 marks a significant step in its evolution, introducing pivotal upgrades influenced by 14 years of community feedback. Key highlights include a Consulting Category for expert guidance, Fiverr Agencies
EarningsA $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
Venture CapitalCompa'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
Venture CapitalQuantum5 Acquires Trivie to Grow Automotive Retail Learning Opportunities
Quantum5 , an automotive division of Ander, announced the acquisition of Trivie, a workforce engagement platform employing AI to enhance learning experiences. This move strengthens Quantum5's mission to revolutionize learning in the automot
Company NewsSmartRecruiters Unveils Suite of Product Updates to Bolster Recruiting Experience
SmartRecruiters, a comprehensive hiring platform, announced its Q4 Release, bringing substantial enhancements to transform the talent acquisition landscape. Led by Rebecca Carr, the Chief Product Officer, the update focuses on agile collabo
Product NewsDiscover 2024's Latest: DHRmap's January Market Map Unveiled
HR professionals often feel overwhelmed by the plethora of products at numerous HR tech expositions, many with overlapping functions or similar concepts. Observing the global HRTech market , it's clear that mergers and acquisitions are ongo
EarningsServiceNow 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
Product NewsTop 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
Company News"Workplacely" Launches to Revolutionize HR with AI-driven Insights, Transforming Workplaces into 'Most Loved Workplaces®'
Workplacely , a groundbreaking HR SaaS tool, launches to transform workplace culture by focusing on employee love and engagement. It's an innovative solution for measuring and enhancing employees' emotional connection to their work and comp
Product NewsCeridian to change ticker symbol to ‘DAY’ on NYSE and TSX effective February 1
Toronto, ON and Minneapolis, MN, January 22, 2024 Ceridian HCM Holding Inc. (NYSE: CDAY; TSX: CDAY) (the “Company”), a global leader in human capital management (HCM) technology, today announced its ticker symbol will change to DAY on the N
Venture CapitalZvoove acquires Planbition, the leading SaaS workforce management and planning platform for the temporary staffing industry
Zvoove , a prominent European software provider for temporary staffing and cleaning sectors, has acquired Planbition, a leading Dutch cloud-based workforce management solution. Planbition, known for its flexibility, serves top clients world
Venture CapitalHuler 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
NewsWelcome to the Jungle Acquires Otta, Revolutionizing the HR Tech Landscape
Welcome to the Jungle , a French leader in employer branding and recruitment solutions, announces the strategic acquisition of Otta, a UK-based job search platform. This move marks a significant expansion in Europe and initiates Welcome to
Product NewsCeridian to Acquire eloomi, a Market-Leading Learning and Development Platform
Ceridian, a renowned human capital management tech company, is set to acquire eloomi, a leader in learning experience platform software. This strategic move, expected to finalize in Q1 2024, aims to bolster Ceridian's Dayforce platform. It
Company NewsPaychex 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
Venture CapitalDailyPay 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
Company NewsJeremy 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
Company NewsPaylocity: Pioneering AI Integration in Cloud-Based HR Solutions
Paylocity , a prominent player in cloud-based HR and payroll software, is revolutionizing the HCM industry with its advanced AI capabilities. The latest enhancements focus on optimizing workforce schedules, creating tailored learning plans,
Venture CapitalEmpowering 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
Product NewsIndeed Introduces Specialist Media Networks, Helping Employers Reach More Skilled Professionals Across Industry-Specific Sites to Hire for Hard-to-Fill Roles
Indeed introduces Specialist Media Networks to streamline the hiring process for difficult-to-fill roles in specific industries. This innovative approach involves distributing job advertisements across industry-specific websites, targeting
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