Search results for “potential”

Paylocity Announces Definitive Agreement to Acquire Airbase Inc., a Leading Spend Management Software Solution Provider

Paylocity Corporation (NASDAQ: PCTY), a leading provider of cloud-based HR and payroll solutions, announced its definitive agreement to acquire Airbase Inc., a prominent spend management software provider. This acquisition, valued at appr

Sep 4, 2024

Oyster Raises $59M Series D to Democratize Access to Global Job Opportunities

Oyster® ,a leading global employment platform, has secured $59M in Series D funding led by Silver Lake Waterman. This investment will accelerate Oyster's roadmap, enhance compliance capabilities, and expand its suite of services including g

Sep 4, 2024

Milan-Based Skillvue Raises $2.8M to Lead Skills-Based Recruitment Revolution

Skillvue , an HR tech startup based in Milan, announced a $2.8 million funding round for its AI platform, which facilitates a skills-based approach in recruitment, talent development, and internal mobility. Founded in 2021 by Nicolò Mazzocc

Sep 3, 2024

BerniePortal Introduces New Recruiting Feature to Empower Small Businesses in the War for Talent

BerniePortal has introduced a new Recruiting feature tailored for small businesses, designed to enhance their competitive edge in attracting top talent. This feature includes API integrations with major job boards like Indeed and ZipRecru

Aug 30, 2024

Fleet Accelerates with $2.5M Seed Round: Driving the Future of Commuter Benefits

Fleet has announced the closure of its $2.5 million seed round led by Congruent Ventures, reaching a total of $5 million in venture capital. This funding supports Fleet's focus on enhancing its commuter benefits management platform, whic

Aug 27, 2024

FTC Takes Action Against Care.com for Deceiving Caregivers About Wages and Availability of Jobs on its Site, Impeding Cancellation Process

The Federal Trade Commission (FTC) has filed a lawsuit against Care.com for misleading advertising regarding the availability of caregiving jobs and the potential earnings from these jobs, which were often overstated. The company also made

Alight Names Dave Guilmette as Chief Executive Officer

Alight , Inc. has announced the appointment of Dave Guilmette as Chief Executive Officer, effective immediately. Guilmette, who will retain his position as Vice Chair of the Board of Directors, succeeds Stephan Scholl. Scholl will transitio

Lattice Unveils Game-Changing HRIS at Lattiverse: A New Era in People Management

Lattice announced the official launch of its highly anticipated Human Resources Information System (HRIS) on October 8th. The full functionality of Lattice HRIS will be showcased at the annual Lattiverse conference. After a successful earl

UKG Labs Ecosystem Doubles in Size, Adds Nine New Startups

UKG has announced that its UKG Labs, an in-house global startup ecosystem and virtual laboratory, has expanded to include 20 companies. This program accelerates innovation for the frontline workforce by supporting early-stage companies that

The Josh Bersin Company Launches HR Career Navigator: The World's First AI-Powered Development Coach for HR Professionals

The Josh Bersin Company has launched the HR Career Navigator™, the world’s first AI-powered development coach specifically designed for HR professionals. This platform leverages over 25 years of research combined with Eightfold’s Talent Int

Aug 22, 2024

Sense Launches Career Site Solution to Help Companies Improve Candidate Experience

Sense , a leader in AI-driven talent engagement solutions, has launched a new Career Sites product designed to enhance the hiring process, elevate employer branding, and improve the candidate experience. The platform allows companies to bui

Aug 22, 2024

Dayforce Launches AI-Driven Learning Platform to Transform Employee Development

Dayforce , Inc. has launched a new Dayforce Learning experience designed to modernize employee learning and development. This platform integrates AI-driven capabilities and an intuitive user interface within Dayforce's mobile-first HCM plat

Aug 20, 2024

Paychex Launches Digital Employee Benefits Marketplace

Paychex has launched Paychex Flex® Perks, a digital marketplace offering a range of employee benefits tailored to today's diverse workforce. This integrated e-commerce platform allows employees to self-select benefits like early access to e

Aug 19, 2024

UKG Wins Global Payroll Industry’s Top Honor

UKG has been named the 2024 Global Payroll Supplier of the Year by the Global Payroll Association for its innovative UKG One View solution, which simplifies multi-country payroll processes for global organizations. The award highlights UKG'

Aug 19, 2024

Paycor’s FY 2024 Results: 19% Revenue Surge Driven by HR Tech Innovation

Paycor announced its financial results for the fourth quarter and fiscal year 2024, showing a 19% increase in total annual revenue, reaching $654.9 million. The company introduced a new Compensation Management solution and expanded its API

Aug 14, 2024

Sprockets Expands Workforce Solutions with HourWork Acquisition: A New Era for Hourly Worker

Sprockets , an AI-powered hiring solution, has acquired HourWork , a leading platform specializing in post-hire engagement and retention. This acquisition aims to enhance Sprockets' product offerings, covering every stage of the employment

Aug 13, 2024

Payoneer Expands Global Footprint with Strategic Acquisition of Skuad for $61 Million

Payoneer, a global leader in cross-border payment solutions, has announced its acquisition of Singapore-based HR and payroll startup Skuad for $61 million. This strategic move is aimed at strengthening Payoneer's position in the global fint

Aug 9, 2024

Kelly Services Reports Strong Q2 Results Despite Revenue Dip from European Operations Sale

Kelly Services reported its second-quarter 2024 earnings, showing operating earnings of $12.2 million and adjusted earnings of $28.1 million, a 95% increase from the previous year. Despite a 13.1% decrease in revenue due to the sale of Euro

Aug 8, 2024

First Advantage Posts Solid Q2 2024 Results; Anticipates Sterling Acquisition Closure by Q4

First Advantage Corporation reported second quarter 2024 results, showing revenue of $184.5 million and a net income of $1.9 million, which includes $9.2 million in expenses related to the acquisition of Sterling Check Corp. Adjusted net in

Aug 8, 2024

Upwork Shatters Financial Records with $22.2M Net Income in Q2 2024

Upwork Inc. (Nasdaq: UPWK), reported its financial results for Q2 2024, showcasing a robust performance with a record GAAP net income of $22.2 million and a 15% year-over-year revenue growth to $193.1 million. The company achieved a dilute

ZipRecruiter Acquires People-Powered Job Comparison Site Breakroom

ZipRecruiter has acquired Breakroom, a UK-based employer review platform focused on frontline industries. ZipRecruiter plans to launch Breakroom in the U.S., providing job seekers with transparent insights on pay, work conditions, and cultu

DHI Group’s Q2 2024: Resilient Performance Amid Market Challenges with $35.8M Revenue

DHI Group , Inc. reported its financial results for the second quarter of 2024, revealing a mixed performance. Total revenue was $35.8 million, a 7% decrease year-over-year, with notable differences in segment performance. ClearanceJobs sho

ZipRecruiter Achieves Strong Q2 2024 Results with $123.7M Revenue and Continued Innovation

ZipRecruiter announced its financial results for the quarter ending June 30, 2024, reporting a quarterly revenue of $123.7 million and a net income of $7.0 million, which represents a 6% net income margin. The company also achieved an Adjus

Skillfully Secures $2.5 Million in Seed Funding to Revolutionize Recruitment

Skillfully , a pioneer in simulation-driven hiring solutions, has secured $2.5 million in seed funding led by Better Ventures. This funding will enhance Skillfully's platform, which uses advanced AI tools and a modern skill taxonomy to revo

Aug 5, 2024

Paylocity Announces Fourth Quarter and Full Fiscal Year 2024 Financial Results

Paylocity announced strong financial results for Q4 and FY 2024, with notable increases in revenue and profitability. Q4 2024 saw a 16% rise in total revenue to $357.3 million and a 15% rise in recurring revenue to $324.7 million. For FY 20

Aug 1, 2024

Ema Secures $50M in Series A Funding to Revolutionize Workplace Efficiency with AI

Ema , a leading generative AI company, announced the increase of its Series A funding to $50M, bringing its total raised to $61M. The latest $36M addition was led by Accel and Section 32, with participation from several notable investors. E

Aug 1, 2024