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Company News

Workday:How AI and ML Are Powering the Future of Work

At Workday, we’ve embedded AI and ML into the very core of our platform—delivering unrivaled business adaptability and competitive advantage to our customers. Here’s how. Workday has long believed that artificial intelligence (AI) and machi

Mar 15, 2023
Company News

ADP National Employment Report: Private Sector Employment Increased by 242,000 Jobs in February; Annual Pay was Up 7.2%

Private sector employment increased by 242,000 jobs in February and annual pay was up 7.2 percent year-over-year, according to the February  ADP ®  National Employment Report TM  produced by the ADP Research Institute ®  in collaboration wi

Mar 8, 2023
Company News

Paychex Wins 2023 Stevie Award for ERTC Service

Paychex, Inc. , a leading provider of integrated human capital management software solutions for human resources, payroll, benefits, and insurance services, has won a bronze Stevie ®  Awardfor the company’s Employee Retention Tax Credit (ER

Mar 6, 2023
Venture Capital

Mercer acquires Leapgen, furthering investment in digital HR strategy market

Mercer, a global leader in redefining the world of work and a business of Marsh McLennan (NYSE: MMC), today announced the acquisition of  Leapgen , a leading Human Resources (HR) technology advisory firm focused on digital strategy and tran

Mar 2, 2023
Earnings

TriNet Announces Fourth Quarter and Fiscal Year 2022 Results, 8% Growth in Total Revenues to $4.9 billion for Fiscal Year 2022

9%  Growth in Professional Service Revenues for the Fourth Quarter of 2022 18%  Growth in Professional Service Revenues to  $754 million  for Fiscal Year   2022 8%  Growth in Total Revenues to  $4.9 billion  for Fiscal Year   2022 11%  Grow

Feb 15, 2023
Earnings

Paycor Announces Second Quarter Fiscal Year 2023 Financial Results,  Total Revenues up 29% Year-over-year to $132.9 Million

Q2  Total revenues of $ 132.9  million,  an increase  of  29%  year-over-year, while expanding margins Q2 Recurring revenue of $ 125.0  million, an increase of  22%  year-over-year, and the fifth consecutive quarter of achieving our long-te

Feb 8, 2023
Venture Capital

Workday Commits Additional $250 Million Investment Capital to Workday Ventures to Power Technology Innovation

MOUNT KISCO, N.Y. &NEW YORK- Kohlberg & Company, LLC (“Kohlberg”) today announced a strategic partnership with Engage PEO (“Engage” or “the Company”), a leading professional employer organization (“PEO”) providing HR outsourcing solutions t

Feb 7, 2023
Venture Capital

New York-Based Private Equity Firm Leeds Equity Partners Acquires TalentNeuron from Gartner, Inc.

NEW YORK ,  Feb. 2, 2023 -- Leeds Equity Partners ("Leeds Equity") announced today that it has acquired TalentNeuron , a leading provider of human capital data and insights subscription solutions to corporations, government organizations an

Feb 2, 2023
Venture Capital

CAVU HCM Acquires Two Payroll Service Companies Continuing its Accelerated Growth

PEORIA, Ill. ,  Feb. 2, 2023  -- Today, CAVU Human Capital Management   (HCM), an emerging provider of technology, payroll, human resources, and workforce management solutions, announced it has acquired ABCS Payroll located in  DuBois, Penn

Feb 2, 2023
Company News

SilkRoad Technology Announces First True End-to-End Talent Acquisition Solution

CHICAGO – SilkRoad Technology , the world-class talent acquisition leader, announced the completion of a two-way integration between its candidate sourcing solution, Search , and its applicant tracking system, Recruiting . The integration c

Jan 31, 2023
Column

ADP Reports Second Quarter Fiscal 2023 Results

ADP Reports Second Quarter Fiscal 2023 Results •Revenues increased 9% compared to last year's second quarter to $4.4 billion; 10% organic constant currency •Net earnings increased 17% to $813 million, and adjusted net earnings increased 17%

Jan 26, 2023
Venture Capital

HR Company Deel Completes PayGroup Acquisition

Deel has completed its $AU 121M acquisition of APAC-based payroll and HCM company  PayGroup Limited . PayGroup is now part of Deel , a private San Francisco-based payroll company, and has been delisted from the Australian Stock Exchange. In

Nov 23, 2022
Company News

Workday Invests in ESG Measurement Platform PulsESG

ESG measurement platform pulsESG announced today a strategic investment from Workday Ventures, the strategic investment arm of finance, and HR-focused enterprise cloud applications provider Workday. The companies also announced that pulsESG

Nov 15, 2022
Earnings

Paycor Announces First Quarter Fiscal Year 2023 Financial Results

Q1  Total revenue of $ 118.3  million,  an increase  of  28%  year-over-year, while delivering increased profitability Q1 Recurring revenue of $ 114.2  million, an increase of  24%  year-over-year, driven by continued strong demand Raises F

Nov 3, 2022
Company News

ADP President Maria Black to succeed CEO Carlos Rodriguez, Effective January 1, 2023

ROSELAND, N.J. ,  Oct. 26, 2022  /PRNewswire/ -- ADP, a leading global technology company providing human capital management (HCM) solutions, announced today that its board of directors has appointed  Maria Black  to succeed  Carlos Rodrigu

Oct 27, 2022
Venture Capital

Paycor Acquires Talenya to Extend Industry-leading Technology Platform with AI Recruiting

Paycor HCM, Inc.  ("Paycor") (Nasdaq: PYCR), a leading provider of human capital management (HCM) software, today announced the acquisition of Talenya, a cutting-edge, AI-driven recruiting platform that automatically sources quality talent

Oct 16, 2022
Column

Workday and VNDLY: Our Vision for the Future of Total Workforce Management

With Workday and VNDLY, a Workday company, organizations can create a holistic talent strategy that maximizes their extended pool of talent. The rapid pace of change has reshaped not only the nature of work but also who does the work—as in,

Sep 11, 2022
Venture Capital

Namely Merges with Vensure Employer Services + PrismHR

NEW YORK —  Namely , the leading HR platform for mid-sized companies, today confirmed it has merged with the organization recently created by the combination of Vensure Employer Services and PrismHR. Vensure Employer Services is one of the

Sep 6, 2022
Column

Next Generation HCM: It May Be Closer Than You Think.

But in the meantime, I want to talk about a big topic:  Next Gen HCM . What Is Next-Gen HCM? The Human Capital Management (HCM) market is a massive, business-critical market. Going back to the days of mainframe computers, applications like

Aug 28, 2022
Earnings

Paycor Announces Fourth Quarter and Fiscal Year 2022 Financial Results

Q4 Total revenue of $111.0 million, an increase of 26% year-over-year, with expanding margins FY’22 Total revenue of $429.4 million, an increase of 22% year-over-year FY’23 revenue guidance of $510-$516 million, an increase of 20 %  year-ov

Aug 23, 2022
Venture Capital

Clearlake Capital-Backed Cornerstone Completes Acquisition of SumTotal

SANTA MONICA, Calif. —  Cornerstone OnDemand, Inc.,  a leader in adaptive cloud-based HR software solutions backed by Clearlake Capital Group, L.P. (together with its affiliates, “Clearlake”), today announced it has completed its acquisitio

Aug 16, 2022
Venture Capital

Gloat’s next chapter begins with a $90 million Series D

What our new partnership with Generation means for shaping a brighter future of work Today, many of the issues facing businesses and employees are starker than they’ve ever been. People are leaving companies where their  careers have no pat

Jun 28, 2022
Column

New Research: Cloud-Based HCM Can Redefine Employee Experience

We just completed two years of research on cloud-based HCM (human capital management) systems and the results are striking. Among the 35+ implementations we studied, the findings are now clear: these systems do much more than clean up IT sy

Jun 15, 2022
Company News

How to Solve the Challenges of Headcount Reconciliation

Finance and HR routinely produce headcount numbers that don’t match—and that’s a problem. A simple count of employees should be a fairly straightforward process. After all, how difficult can it be to get an accurate number of the people you

Jun 10, 2022
Venture Capital

WorkGenius, a freelance technology company, acquires US based JBC, a staffing company

NEW YORK ,  June 8, 2022  /PRNewswire/ -- WorkGenius, a freelance technology company has acquired US based JBC, a staffing company, in a landmark deal that together, will aim to transform the freelance staffing industry through proven opera

Jun 9, 2022
Product News

ADP National Employment Report: Private Sector Employment Increased by 128,000 Jobs in May

ROSELAND, N.J. ,  June 2, 2022  /PRNewswire/ -- Private sector employment increased by 128,000 jobs from April to May according to the May  ADP ®  National Employment Report ™ .  Broadly distributed to the public each month, free of charge,

Jun 2, 2022
Opinion

What Will The Future of HR Look Like in 2030?

If the turn of 2020 didn’t teach business and HR professionals anything but one thing, it is that the world of work is vastly changing. The good news is that as reported by Sage, 72% of HR say they now have more influence in human capital m

May 30, 2022
Product News

Human Capital Management (HCM) Solutions Market to observe USD 12.16 Bn growth | 34% growth to originate from North America

NEW YORK ,  May 25, 2022  /PRNewswire/ -- The  global human capital management solutions market size  is expected to increase by  USD 12.16 billion  between 2020 and 2025. The market observed a YOY growth of 9.52% in 2021 and the growth mom

May 27, 2022
Canadian human resources startup Humi secures $31 million Series B
Venture Capital

Canadian human resources startup Humi secures $31 million Series B

Human resources tech startup  Humi  has secured $31 million CAD in a Series B funding round led by Kensington Capital Partners. With a focus on providing HR tech specifically tailored to Canadian companies, Humi is looking to expand its pla

May 25, 2022
Influencers

HR Influencers: Steve Boese

Human resources is an ever-growing field, and it is more interconnected with all sectors. We have compiled some influential people in the HR industry based on some online lists of HR influencers, such as the Human Resource Executive annual

May 18, 2022
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