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Company News

HireRight Launches Virtual I-9 Solution

HireRight  Holdings Corporation introduces its Virtual I-9 Service, a revolutionary solution allowing employers to remotely verify candidates' identity and employment authorization documents through live video calls. This service, developed

Feb 26, 2024
Earnings

ZipRecruiter's 2023 Financial Triumph: Achieving $49 Million Net Income and $175 Million Adjusted EBITDA in a Challenging Market

ZipRecruiter, a leading online employment marketplace, announced its financial outcomes for Q4 and the entirety of 2023, highlighting resilience amidst a sluggish hiring environment. The company reported a net income of $49 million and an A

Feb 22, 2024
Venture Capital

Bridging the Gap: HelloHive Secures $3.4M Series A to Empower Underrepresented Job Seekers

HelloHive, securing a $3.4 million Series A funding, is spearheading a revolution in the hiring process by emphasizing talent and potential over traditional metrics like education and past employment. Founded by Byron Slosar, HelloHive aims

Feb 22, 2024
Venture Capital

Atlas: The Argentine Startup Revolutionizing Global Contractor Benefits with $2.75 Million in Seed Extension Funding

Karen Serfaty, Gianina Rossi, and Josefina Van Thienen, engineers from Argentina, identified a common issue for contractors working for U.S.-based companies—managing taxes and receiving payments in non-local currency. To address these chall

Feb 16, 2024
Earnings

Kelly 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

Feb 15, 2024
Product News

Boost 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

Feb 15, 2024
Company News

Paylocity 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

Feb 8, 2024
Company News

Insperity 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

Feb 8, 2024
Column

UKG: 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

Feb 5, 2024
Company News

ADP'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

Jan 31, 2024
Earnings

Robert 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

Jan 30, 2024
Earnings

A $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

Jan 30, 2024
Product News

Top 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

Jan 23, 2024
Venture Capital

Mercor Secures $3.6M in Funding, Unveils AI-Powered Talent Matching Platform

In a remarkable leap forward in the recruitment technology sector, Mercor has announced a significant milestone, securing $3.6 million in funding. The round, led by General Catalyst, saw participation from notable investors including Scott

Jan 15, 2024
Company News

ADP appoints Thomas J. Lynch as the new Independent Board Chair

Carlos Rodriguez  to continue as member of ADP Board of Directors ROSELAND, N.J. ,  Jan. 10, 2024   ADP , a leading global technology company providing human capital management (HCM) solutions, announced today that its board of directors ap

Jan 10, 2024
Company News

Global Compliance Technology Leader, Mitratech, Elevates Market Position with Dual Acquisitions of Syntrio and Mineral

Mitratech, a leader in global compliance technology, has expanded its suite by acquiring Syntrio and Mineral, enhancing its offerings with ethics hotlines, predictive HR services, and over 1,000 eLearning courses. This move creates a compre

Jan 10, 2024
Product News

Sterling to Offer Market Leading Clinical Solutions Through Acquisition of Vault Workforce Screening

Sterling Check Corp (NASDAQ: STER), a distinguished leader in background screening and identity services, has strategically acquired Vault Workforce Screening, a prominent U.S. clinic management platform. This acquisition not only expands S

Jan 3, 2024
Product News

Paychex, Inc. Reports Second Quarter and Mid-year Fiscal 2024 Results

Paychex , Inc.'s Fiscal 2024 mid-year report impresses with a 6% revenue increase to $1.2579B in Q2 and $2.5439B for 6 months. Operating income rose 7% to $506.2M in Q2, while diluted EPS soared 9% to $1.08. Growth driven by 4% rise in Mana

Dec 21, 2023
Product News

Quantum Workplace Acquires TalentKeepers

Quantum Workplace , a renowned employee success platform and partner in the Best Places to Work Programs, has acquired TalentKeepers, known for its employee engagement and retention solutions. This acquisition combines Quantum Workplace's e

Dec 14, 2023
Product News

Oyster Unveils SAGE: The Future of Global Employment Automation

Low-code platform SAGE “softwarizes” knowledge, automating the entire employment lifecycle SAGE powers Oyster Intelligence, ensuring compliant and competitive employment across 180 countries Oyster's new platform, SAGE, revolutionizes globa

Dec 14, 2023
Product News

ADP National Employment Report: Private Sector Employment Increased by 103,000 Jobs in November; Annual Pay was Up 5.6%

ROSELAND, N.J. ,  Dec. 6, 2023  Private sector employment increased by 103,000 jobs in November and annual pay was up 5.6 percent year-over-year, according to the November  ADP ®  National Employment Report™  produced by the ADP Research In

Dec 6, 2023
Product News

Ease Learning and Freedom Learning Group Announce Merger, Position for Growth

Freedom Learning Group and Ease Learning, both pioneers in e-learning, have announced their strategic merger. This significant consolidation aims to enhance the capabilities of both companies, notably in creating high-quality, skills-based

Dec 4, 2023
Product News

X.com Launches Job Search Functionality, Intensifying Investment in Recruitment Field

X.com(Twitter) has officially entered the recruitment space with the launch of its job search tool, signalling a potential shakeup for the industry. Initially rolled out in August to a select group of users, this LinkedIn-esque feature is n

Nov 17, 2023
Product News

Remote Talent: Revolutionizing the Way We Connect with Global Workforces

Remote, a leader in managing globally distributed workforces, has launched a new marketplace, Remote Talent, to bridge the gap between employers and job seekers. Integrated with Remote’s global HR platform, this marketplace caters to both r

Nov 15, 2023
Earnings

ZipRecruiter Announces Third Quarter 2023 Results

Quarterly revenue of $155.6 million Net income of $24.1 million, or net income margin of 15% Adjusted EBITDA of $54.4 million, or Adjusted EBITDA margin of 35% SANTA MONICA, Calif.  ZipRecruiter ® , a leading online employment marketplace,

Nov 8, 2023
Venture Capital

SA recruiting startup JOBJACK raised $2.5 M to support initiatives to reduce unemployment

South African recruitment startup JOBJACK has raised ZAR45 million (US$2.5 million) in pre-Series A funding to help it change the narrative of entry-level recruitment in the country. Founded in 2018 by Christiaan van den Berg and Heine Bell

Nov 7, 2023
Earnings

Paylocity Announces First Quarter Fiscal Year 2024 Financial Results

Q 1   2024  Recurring & Other Revenue of  $291.7  million,  up   19%  year-over-year Q 1   2024  Total Revenue of  $317.6  million,  up   25%  year-over-year SCHAUMBURG, Ill., Nov. 02, 2023 Paylocity Holding Corporation (Nasdaq: PCTY), a le

Nov 3, 2023
Venture Capital

Work Shield raises $6 million from Ballast Point Ventures

Work Shield, a Dallas-based incident management technology firm, has secured a $6 million investment from Ballast Point Ventures. This strategic move aims to bolster Work Shield's comprehensive solution for reporting, investigating, and res

Nov 1, 2023
Venture Capital

Shakers Lands €6M in Seed Funding: A Milestone for Madrid's HRtech Scene

Shakers, a Madrid-based HRtech startup, has successfully raised €6 million in a Seed funding round aimed at simplifying team building and enhancing collaboration between companies and freelancers. The startup focuses on several key areas in

Nov 1, 2023
Venture Capital

Micro1's Game-Changing $1.3M Raise: Revolutionizing AI in Engineering Recruitment

Micro1 , an LA-based engineering recruitment company, has successfully raised $1.3 million in a new funding round, surpassing its initial goals. Founded by Ali Ansari, a UC Berkeley alumnus and seasoned entrepreneur, Micro1 leverages AI to

Oct 25, 2023
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