Business

As technology advances, so does the opportunity for vendors to serve business of all sizes. But HCM technology is constantly changing as new companies emerge, old vendors plan for market changes and new generations of employees demand more from their tools. Here’s our coverage.

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...
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...
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...
The coronavirus is bound to impact the HR technology business, analysts and industry executives believe. However, where that impact will be felt isn’t yet clear. The situation surrounding the pandemic is changing quickly and constantly, and vendors say they’re focused on...
Widespread layoffs have begun across the economy as employers struggle with the impact of business lost because of the coronavirus. According to media reports, more than 1 million workers could lose their jobs by the end of March. Ball State University Economist Michael Hicks told the Washington...
Technology executives say the coronavirus has had a “devastating” impact on the business-technology supply chain, leaving large employers without thousands of new computers and examining how and when they’ll carry through on plans to distribute new tools and applications to their workforce. The comments were made in an...