Industry News

Coverage of business deals, partnerships, new products, people moves, marketing strategies, regulatory issues and other developments that HCM solutions providers, HR leaders, financial executives and investors need to know.

A number of HR leaders have speculated that employers’ attitudes toward remote work will have changed permanently once the COVID-19 pandemic ends. New research shows that thinking’s warranted. Some three-quarters of CFOs—74 percent—plan to shift at least 5 percent of their employees to remote...
Our weekly roundup of deals, product announcements and other HR technology news. Kronos and Ultimate Software completed their merger, creating an HR technology company with $3 billion in revenue and 12,000 employees. Kronos CEO Aron Ain leads the new organization, which will reportedly add 6,000 employees over the...
Providing emotional support has become a critical issue as HR departments scramble to set up and manage remote workforces. According to the Kaiser Family Foundation more people are reporting mental health challenges because of the COVID-19 pandemic. In the most recent KFF Health...
HR departments are heads down today as they adapt to the changes wrought by Covid-19. But at some point, employers will look ahead to face a new normal. When they do, early indications are that executives will move cautiously. HR’s front lines are now preoccupied with three...
Job boards have begun to feel the coronavirus’s impact on hiring. As employers in most sectors of the economy suspend or slow their hiring plans, several have implemented hiring freezes and at least one, ZipRecruiter, has imposed layoffs. According to media reports, ZipRecruiter began reducing its staff...
Our weekly roundup of deals, product announcements and other HR technology news. Paychex reported revenue of $1.1 billion for its fiscal third quarter, which ended Feb. 29, 2020. That’s an increase of 7 percent from the year-ago period. Net income and diluted EPS each...
Nearly a month after the coronavirus forced businesses to shift millions of employees to remote work, North America’s infrastructure is holding up, with some signs of strain. Technology executives have expressed concern about whether local internet nodes can support the increase in traffic being...
More than two-thirds of U.S. small businesses have felt the coronavirus’s impact on sales, and  nearly as many expect their sales will continue to drop. Specifically, 69 percent of small companies report a large decline in demand because of the COVID-19 pandemic, according to a survey...
The spread of the coronavirus continues, and employers continue to adapt even though the rules of business and community seem to change every day. Still, even though U.S. Surgeon General Jerome Adams predicts that “this week, it’s going to get bad,” a number of organizations continue to insist workers report to...
Our weekly roundup of deals, product announcements and other HR technology news. BestSoftwareReviews said the number of visitors to the its video-interview product software page has increased about 73 percent per week over the last three weeks. In a blog post, the company said searches...