Search results for “retention”

Paychex’s Acquisition of Paycor Advances as HSR Waiting Period Ends

Paychex has announced the expiration of the Hart-Scott-Rodino (HSR) antitrust waiting period, marking a key milestone in its planned acquisition of Paycor HCM. This development clears a major regulatory hurdle, bringing the deal closer to c

Feb 27, 2025

Alight Reports Q4 2024 Earnings: $680M Revenue with 9.8% BPaaS Growth

Alight, Inc. (NYSE: ALIT) reported its fourth quarter and full-year 2024 financial results, demonstrating resilience despite a slight revenue decline. Q4 revenue stood at $680 million, with Business Process as a Service (BPaaS) revenue grow

Feb 20, 2025

TriNet Reports $5.1 Billion FY 2024 Revenue with Strategic Growth Outlook

TriNet (NYSE: TNET), a leading provider of human capital management (HCM) solutions for SMBs, reported its Q4 2024 and full-year financial results. Revenue grew by 1% YoY to $1.3 billion for Q4 and $5.1 billion for FY 2024. Despite record w

Feb 13, 2025

Paycom Software, Inc. Reports Fourth Quarter and Year-End 2024 Results

aycom Software, Inc. (NYSE: PAYC) reported strong financial results for Q4 and full-year 2024. The company achieved $1.88 billion in annual revenue, up 11% year-over-year , with a GAAP net income of $502 million (27% of total revenues). Adj

Feb 12, 2025

Insperity Announces Fourth Quarter and Full Year 2024 Results

Insperity (NYSE: NSP), a leading HR solutions provider, reported its Q4 2024 and full-year 2024 financial results, with revenues reaching $6.6 billion for the year, a 1% increase year-over-year. Net income stood at $91 million , while adjus

Feb 10, 2025

Phenom Acquires EDGE to Enhance Workforce Intelligence for Professional Services, IT Services, and Global Capability Centers

Phenom , an AI-driven HR technology leader, has acquired EDGE , a top resource management and talent mobility platform. This move enhances Phenom’s Intelligent Talent Experience platform with advanced resource planning capabilities, caterin

Feb 6, 2025

DHI Group Reports 2024 Fourth Quarter and Full Year Financial Results

DHI Group, Inc. (NYSE: DHX) reported a 7% decline in total revenue for both Q4 2024 and full-year 2024. ClearanceJobs revenue grew by 7% in Q4 and 8% for the full year , while Dice revenue fell by 14% for both periods. Net income for Q4 202

Feb 5, 2025

Paycor Reports 13% Revenue Growth in Q2 FY 2025, Announces $4.1B Acquisition by Paychex

Paycor HCM, Inc. (Nasdaq: PYCR) reported a 13% YoY revenue increase to $180.4 million in Q2 FY 2025, alongside improved operating margins. The company's adjusted operating income grew 36% to $31.8 million , while net loss significantly narr

Feb 5, 2025

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

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

15Five Acquires Kona, the AI-Powered Manager Effectiveness Coach for Remote Managers

15Five , a performance management platform, has acquired Kona, an AI-powered manager coaching tool designed for remote work environments. The acquisition strengthens 15Five's position as a leader in addressing manager skill gaps and improvi

Jan 28, 2025

WorkJam Launches Shift Bidding to Simplify Scheduling and Ensure Compliance in Complex Frontline Work Environments

WorkJam introduces Shift Bidding, a new feature designed to simplify scheduling in complex environments like unionized workplaces. This innovative tool ensures compliance with union rules and regulations while empowering employees to rank s

Jan 9, 2025

TriNet Launches Enhanced HR Plus Offering That Provides Exceptional Service Enabled by Advanced Technology for Small and Medium-Size Businesses

TriNet, a leader in HR solutions for small and medium-size businesses (SMBs), has launched its enhanced HR Plus offering, an Administrative Services Organization (ASO) solution. Designed to simplify HR, payroll, and benefits management, the

Jan 8, 2025

Paychex Acquires Paycor HCM for $4.1 Billion: A Game-Changer in HR Technology

Paychex, Inc. has agreed to acquire Paycor HCM, Inc. in a $4.1 billion all-cash transaction, marking a significant milestone in the HCM software industry. Apax Partners, Paycor's majority stakeholder since 2018, has been instrumental in dri

Jan 7, 2025

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

Alliant Insurance Services Acquires Union First, Expanding Its Benefits Solutions for Public Safety Associations

Alliant Insurance Services has acquired Union First , a firm specializing in benefits consulting and administration for public safety professionals. Joining Alliant’s Employee Benefits Group in the West Region, Union First brings expertis

Dec 9, 2024

WEX Launches Two AI Pilots for Benefits Administration

WEX has introduced two AI-powered solutions, Benefit Assistant and BeneFITwise Premier, within its benefits administration platform, My Benefit Express . These pilots aim to streamline benefits decision-making for employees while reducing H

Nov 25, 2024

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

Ciphr Acquires Avantus to Revolutionize UK Employee Benefits and Enhance HR Solutions

Ciphr Group, a leading HR software provider in the UK, has acquired Avantus , an established employee benefits platform serving over 400 businesses globally. The acquisition enhances Ciphr’s offering by integrating Avantus' customizable pla

Nov 20, 2024

Strivr Announces Industry's First XR Training Bundle for Retail Banking

Strivr announced the release of the industry's first off-the-shelf XR training bundle tailored for retail banking and financial services designed to accelerate training and improve employee performance through immersive, AI-powered modules.

Nov 13, 2024

Earnings

DHI Group Q3 2024 Results: $35.3M Revenue, ClearanceJobs Grows 6% Amid Tech Job Surge

DHI Group , Inc. reported its Q3 2024 financial results, noting a 6% decrease in total revenue year-over-year, while ClearanceJobs showed growth with a 6% increase in revenue. Dice revenue declined by 12%, mirroring overall challenges in bo

Nov 12, 2024

UKG Launches AI-powered Talent Marketplace Solution to Optimize Skills Development and Close Critical Labor Gaps

UKG has launched the UKG Pro Talent Marketplace, an AI-driven solution to help companies manage internal talent and tap into external gig resources. Designed for both frontline and knowledge workers, the platform empowers employees with too

Nov 12, 2024

15Five Launches AI-Powered Predictive Impact Model, Helping HR Leaders Maximize Investments in Employee Engagement with Pinpoint Accuracy

15Five has unveiled its Predictive Impact Model, an AI-powered tool designed to help HR leaders strategically address employee engagement by leveraging precise, data-driven insights. Built on over six years of engagement data, the model use

Nov 12, 2024

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

Paycor Launches New AI-Powered Assistant to Boost Productivity

Paycor, a leading HCM software provider, has launched the AI-powered Paycor Assistant, designed to streamline HR processes and enhance productivity for both employees and administrators. The new assistant allows users to engage with Paycor’

Nov 5, 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

UKG Empowers Hawaiian Airlines’ Frontline Workforce with Mobile-first HR Technology

UKG, a prominent HR technology provider, is enhancing Hawaiian Airlines' HR processes with its mobile-first UKG Pro suite. This partnership, spanning 15 years, allows Hawaiian Airlines’ 7,000 employees—many working outside traditional offic

Nov 4, 2024