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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 transition to an advisory role to further the company's strategic init
Aug 26, 2024
Company News
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 align with UKG’s mission to make every organization a gre
Aug 26, 2024
Company News
Workday Announces Fiscal 2025 Second Quarter Financial Results
 Workday, Inc. reported strong fiscal 2025 second quarter results, with total revenues reaching $2.085 billion, up 16.7% year-over-year, and subscription revenues at $1.903 billion, up 17.2%. The company’s non-GAAP operating income increased to $518 million, with a 24.9% margin. Workday’s subsc
Aug 22, 2024
Company News
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 earned wages, financial wellness tools, and lifestyle perks,
Aug 19, 2024
Company News
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's commitment to solving complex payroll challenges through c
Aug 19, 2024
Company News
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 endpoints significantly, driving innovation in HR technology
Aug 14, 2024
Company News
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 fintech market, particularly in the rapidly expanding small and
Aug 9, 2024
Company News
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 European staffing operations, organic revenue grew by 0.6%. The
Aug 8, 2024
Company News
Recruit Holdings Co., Ltd. Announces Q1 FY2024 Financial Results
Recruit Holdings Co., Ltd. announced its Q1 FY2024 financial results, highlighting significant growth across all key metrics. The company reported a 6.0% increase in revenue, reaching ¥901.56 billion, driven by strong performances in its HR Technology, Matching & Solutions, and Staffing segment
Aug 8, 2024
Company News
UK's CloudPay Secures $120M to Revolutionize Global Payroll with AI and Automation
CloudPay, a leading global payroll and payment solutions provider, has secured $120 million in funding led by Blue Owl Capital, with participation from existing investors Rho Capital Partners, The Olayan Group, and Hollyport Capital. This investment aims to enhance CloudPay’s customer product and
Aug 8, 2024
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