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.

Welcome to the HCM Technology Report, where we explore issues related to the technology used by organizations to attract, hire and manage their workforce, as well as to plot their workforce strategy. As technology continues to change the way companies operate, it also impacts the role played by HR. Executives...
Just after last October's HR Technology 2016 conference, Steve Goldberg made the astute observation that "the little guy has arrived." In a post on Horses for Sources, he noted that it was "just as easy to see meaningful HR Tech innovations in the booths of 'little guys' and emerging...
Two-thirds of chief executives surveyed by IBM say cognitive computing will "drive significant value" in Human Resources. On the surface, that implies they're more bullish on the technology than HR leaders. The company's report says only 50 percent of those believe cognitive systems could potentially "transform key dimensions" of...
Willis Towers Watson is quietly extending its reach into the market for small- and medium-sized HR services with the introduction of The HR Trove, an online store offering turn-key products to organizations with fewer employees than its traditional customers. To our knowledge, the site's unveiling has not been previously reported. The...
Less than half of CEOs recognize HR for its capability and competence, and less than 40 percent of HR executives believe they have the right mix of HCM technology applications “to effectively execute against business goals.” That's one of the findings of Mercer's 2017 HR Transformation Study–How HR Needs to...
SHRM’s annual conference is something that has to be experienced to be appreciated. This year, 15,415 HR professionals attended 226 presentations and walked more than 200,000 square feet of exhibit space showing off the products of 648 vendors. What couldn’t be estimated was how many attendees appreciated the irony...
The HCM technology landscape is changing rapidly to accommodate businesses with fewer and fewer employees. Although an increasing number of providers have been heading in that direction for several years, the industry is approaching the first of several tipping points that will result in tech solutions designed for companies...
Human Resource's efforts to integrate itself more fully into business operations and strategy got a shot in the arm last week when an international group of institutional investors petitioned the Securities and Exchange Commission to require publicly traded companies to disclose information on human capital management policies, practices and performance.  The...
Up to 70 percent of U.S. small businesses, or roughly 1.5 million companies, have assigned HR responsibilities to staff members who handle the tasks in addition to their primary role, according to a study by ADP. The company found that such ad-hoc HR managers spend an average of more than...
iCIMS announced a new investment in its technology department “to further enhance its product user interface, platform integration capabilities and the candidate experience.” The company plans to increase headcount in its Labs department by about 25 percent by 2018’s first quarter. Earlier this year, the company launched an in-house...