Search results for “benefits”

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

Deel acquires Safeguard Global’s payroll division

Deel has acquired Safeguard Global’s payroll division, strengthening its global payroll capabilities by integrating Safeguard’s enterprise expertise with Deel’s tech-driven HR infrastructure. This acquisition enhances Deel’s ability to mana

Mar 11, 2025

ServiceNow to extend leading agentic AI to every employee for every corner of the business with acquisition of Moveworks

ServiceNow has signed a definitive agreement to acquire Moveworks, combining ServiceNow’s agentic AI and automation strengths with Moveworks’ front-end AI assistant and enterprise search capabilities. This move aims to deliver powerful AI-d

Mar 10, 2025

First HR AI Success Metrics Beyond "Saving Time" Emerge from Josh Bersin Company Analysis

The Josh Bersin Company has released a new analysis highlighting AI’s impact in HR, moving beyond the conventional focus on time-saving benefits. The study, based on SAP HR AI engagements, reveals concrete advantages such as a 95% accelerat

Mar 7, 2025

TriNet Announces Sale of its Subsidiary Clarus R+D to Arvo Tech

TriNet (NYSE: TNET) has announced the sale of its subsidiary, TriNet Clarus R+D , to Arvo Tech , a company specializing in tax strategy solutions for small businesses. This divestiture aligns with TriNet’s strategy to focus on HR solutions

Mar 6, 2025

CoAdvantage & PrimePay Merge to Elevate HR Tech for SMBs

Aquiline Capital Partners has announced the merger of its portfolio companies, CoAdvantage and PrimePay , to enhance human capital management (HCM) services for small- and mid-sized businesses. This strategic combination aims to offer a mor

Mar 5, 2025

Talent Shortage Concerns Drive Shift to Skills-Based Strategies, Workday Research Finds

Workday ’s latest report, The Global State of Skills, highlights a growing concern among business leaders: 51% fear future talent shortages, and only 32% feel confident in their workforce’s skills for long-term success. As AI reshapes indus

Mar 5, 2025

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

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

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Workday and Randstad Partner to Transform Hiring with AI

Workday and Randstad have partnered to revolutionize talent acquisition by integrating Workday’s AI-powered Recruiting Agent with Randstad’s vast talent network. This collaboration streamlines the hiring process, allowing recruiters to inst

Feb 27, 2025

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Workday Reports $8.446B Revenue in FY2025, Subscription Growth Hits 16.9%

Workday reported robust financial results for fiscal 2025, highlighting significant year-over-year growth in both total and subscription revenues. Fourth quarter total revenues reached $2.211 billion, up 15%, while subscription revenues ros

Feb 25, 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

KKR Acquires Stake in HRM Platform Employment Hero from SEEK Investments

KKR, a leading global investment firm, has acquired a stake in Employment Hero, a prominent HR management platform, from SEEK Investments. Despite this transaction, the SEEK Growth Fund will continue as a material investor in the company. E

Feb 18, 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

The Next Generation of Workforce Management is Here--Workday Unveils New Agent System of Record

Workday has introduced the Agent System of Record, a new AI-powered platform designed to help businesses manage their growing fleet of AI agents. This centralized system enables organizations to govern, track, and optimize both Workday and

Feb 11, 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

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

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

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

Workday Announces Workforce Reduction of 1,750 Employees to Optimize Operations

Workday (NASDAQ:WDAY) is cutting 1,750 jobs, representing about 8.5% of its workforce, as part of a broader initiative to improve operational efficiency and refocus on core business areas. Despite the layoffs, Workday plans to continue hiri

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

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

Deel Secures New Investors in $300M Secondary Share Sale, Achieves $800M Run-Rate

Deel , a global leader in payroll and HR technology, announced that new anchor investors, including General Catalyst and a sovereign fund, have acquired $300 million in secondary shares from early investors. This is not new funding but a se

Feb 4, 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

ADP acquires Procesamiento Externo de Información, S.C. (PEI) in Mexico

ADP (Nasdaq: ADP) has acquired Procesamiento Externo de Información, S.C. ( PEI ), a Mexico-based payroll solutions provider. This acquisition strengthens ADP’s global presence in Latin America by integrating PEI’s domestic expertise with A

Jan 31, 2025

Product News

Envoy Introduces Virtual Front Desk Mobile to Streamline Access and Enable Virtual Assistance for Today’s Dynamic Workforce

Envoy has launched Virtual Front Desk (VFD) Mobile , a new solution designed to revolutionize workplace assistance by providing employees and visitors with real-time support, remote access, and seamless navigation via the Envoy mobile app.

Jan 30, 2025