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Insperity Achieves 16% Gross Profit Growth in Q2 2024 Amid Economic Challenges
Insperity, Inc. reported strong financial results for Q2 2024, despite a slight decrease in the average number of worksite employees (WSEEs). Gross profit increased by 16% to $260 million due to strong pricing and lower benefits costs. Net income reached $18 million, with a diluted EPS of $0.48. Adj
Aug 1, 2024
Company News
Workday Transforms How Companies Hire and Manage Talent with New AI-Powered HR Solutions
Workday has announced the integration of HiredScore AI for Recruiting and Talent Mobility into its platform, aiming to boost recruiter productivity and streamline talent management. These AI enhancements will assist organizations in accelerating skills-based strategies and improving overall efficien
Aug 1, 2024
Company News
Paycom Reports Robust Q2 2024 Results: Revenue Growth and Strong Cash Position
Paycom  Software, Inc. reported its financial results for the second quarter of 2024, with total revenues reaching $438 million, marking a 9% increase from the previous year. The GAAP net income was $68 million, equivalent to $1.20 per diluted share, while the non-GAAP net income stood at $92 milli
Jul 31, 2024
Company News
Cangrade Launches Innovative Candidate Matching and Internal Talent Marketplace for Enhanced Recruitment and Employee Engagement
Cangrade  has unveiled two groundbreaking products, Candidate Matching and Internal Talent Marketplace, designed to revolutionize recruitment efficiency and employee engagement. These AI-driven tools optimize talent acquisition and internal mobility efforts, enabling HR teams to meet evolving workf
Jul 30, 2024
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UKG Names Jennifer Morgan as Chief Executive Officer
UKG, a leading provider of HR, payroll, workforce management, and culture solutions, has appointed Jennifer Morgan as its new CEO. Morgan, a former Co-CEO of SAP and a member of UKG's Board of Directors since 2021, succeeds Chris Todd, who steps down after 17 years with the company. Morgan brings ex
Jul 29, 2024
Company News
Salesforce and Workday Form Strategic Partnership, Unveil New AI Employee Service Agent
Salesforce and Workday have announced a strategic partnership to develop an AI-powered employee service agent that enhances productivity, lowers costs, and improves employee experiences. By integrating Salesforce's CRM data with Workday's HR and financial data, this collaboration will enable seamles
Jul 24, 2024
Company News
Fiverr Shows Its Transformation From a Services Marketplace to a Hiring Platform With Its 2024 Summer Product Release
Fiverr is expanding its platform from a services marketplace to a comprehensive hiring solution with its new summer product release. This includes deeper AI integration with Fiverr Neo, a new professions catalog, hourly rate options, and satisfaction guarantees. Fiverr is also introducing business p
Jul 23, 2024
Company News
American Staffing Association Announces National Staffing Employee Week
The American Staffing Association (ASA) has announced that National Staffing Employee Week will take place from September 9-15, 2024, celebrating the nearly 13 million temporary and contract workers across the U.S. These employees, who contribute significantly to various industries, will be honored
Jul 17, 2024
Company News
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
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