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Alight's $1.2 Billion Sale of Payroll and Professional Services Business to H.I.G. Capital: Introducing Strada
Alight, Inc. (NYSE: ALIT), a leading human capital technology and services provider, has completed the sale of its Professional Services and Payroll & HCM Outsourcing businesses to H.I.G. Capital for up to $1.2 billion. The newly independent business has been renamed Strada. Alight plans to use
Jul 12, 2024
Company News
HireRight Acquired for $1.7 Billion by General Atlantic and Stone Point Capital
HireRight Holdings Corporation has finalized its acquisition by General Atlantic and Stone Point Capital in an all-cash transaction valued at $1.7 billion. The merger, approved by HireRight stockholders on June 21, 2024, converts all outstanding shares into a cash payout of $14.35 per share. As a re
Jun 28, 2024
Company News
Chime Financial's $173 Million Acquisition of Salt Labs: A Step Towards IPO Ambitions
Chime Financial has acquired Salt Labs to enhance financial progress for everyday Americans. Both companies aim to empower employees by leveraging the Chime platform. Jason Lee, CEO of Salt Labs, will lead the new Chime Enterprise unit to deliver innovative employee benefits and financial wellness p
Jun 26, 2024
Company News
UKG: 27.5 Million Employed Americans Plan to Miss Work to Watch 2024 Summer Olympics
The UKG Workforce Institute survey reveals that the 2024 Summer Olympics could significantly impact workplace productivity in America. Over 27.5 million employed Americans plan to miss work to watch the games, with various forms of absenteeism, including taking days off, playing hooky, and ghosting
Jun 26, 2024
Company News
Workday Peakon Employee Voice Named Employee Engagement Solution of the Year by RemoteTech Breakthrough
Workday, Inc. announced that its Workday Peakon Employee Voice has been named the Employee Engagement Solution of the Year by RemoteTech Breakthrough. This recognition highlights the platform's ability to provide real-time, confidential feedback from employees, helping leaders understand workforce s
Jun 24, 2024
Company News
O.C. Tanner Elevates Scott Sperry to CEO and President
O.C. Tanner, a leader in strengthening organizational culture through employee recognition, has announced Scott Sperry as its new CEO and president. Sperry succeeds Dave Petersen, who retires after a notable 41-year tenure. Sperry, ascending from COO and president roles, aims to drive the company in
Jun 12, 2024
Company News
WorkTango Appoints Monique McDonough as Chief Executive Officer
AUSTIN, Texas, June 03, 2024- WorkTango, an award-winning employee experience platform, today announced the appointment of Monique McDonough as Chief Executive Officer. McDonough, who previously served as Chief Operating Officer at WorkTango from 2021-2024, succeeds Patrick Manzo, who is stepping do
Jun 3, 2024
Company News
Paycom Announces Promotions of Randy Peck to COO, Jennifer Kraszewski to CHRO and Matt Paque to CLO
Paycom Software, Inc. has announced major leadership promotions, positioning Randy Peck as Chief Operating Officer, Jennifer Kraszewski as Chief Human Resources Officer, and Matt Paque as Chief Legal Officer. These appointments reflect the company's ongoing commitment to enhance its leadership capab
May 31, 2024
Company News
Plum Teams Up with hireEZ to Improve Recruiting Outcomes Through Job Matching
Plum and hireEZ have announced a strategic partnership aimed at revolutionizing talent acquisition and management. By combining Plum's psychometric solutions and hireEZ's AI-driven talent acquisition platform, this collaboration provides organizations with deeper insights into candidate skills, pers
May 29, 2024
Company News
Deel Extends Strategic Investment in Alviere to Enhance U.S. Worker Payments
Alviere, an embedded finance platform provider, has announced that Deel, a global HR and payroll company, has extended its strategic investment with Alviere to enhance U.S. payments. This partnership aims to provide international contractors in the U.S. with faster, more flexible payouts and a walle
May 28, 2024
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