Investments in AI technology will help increase productivity and improve the employee experience, HR leaders told Paychex. The executives said their companies are facing challenges with issues such as burnout, quiet quitting and employees working multiple jobs simultaneously.
To combat these issues, the majority of companies said they plan to...
Our weekly roundup of deals, product announcements and other HR technology news.
beqom, a provider of compensation and continuous performance management solutions, introduced a new product for managing pay equity. The company said the solution enables organizations to identify pay gaps associated with gender, ethnicity, age and other demographic factors...
Another prediction of growth for the market for generative AI in HR. The latest report predicts the market will grow from $413 million in 2022 to $1.66 billion in 2032, with a CAGR of 15.4%.
MarketResearch.Biz said generative AI’s ability to help automate a number of time-consuming and labor-intensive processes...
The staffing industry platform cooperative Fuse acquired Gustav, a network of over 5,000 staffing firms that claims to be the industry's largest sub-vendor marketplace and management platform.
Fuse said the acquisition results in a network and platform for collaborative partnering between agencies. By fostering specialization, cooperation and accountability for its...
Our weekly roundup of deals, product announcements and other HR technology news.
Beamery unveiled a new model for businesses to run workforce planning and make real-time decisions around hiring and talent development. The company said the AI-driven workforce planning solution will give managers continuous insights around how best to develop their...
Fountain acquired the intellectual property and employees of Clevy, a provider of conversational AI technologies. The transaction integrates Clevy’s AI capabilities into Fountain’s technology with the goal of helping to make the hiring of hourly workers easier and more efficient. At the same time, it helps Fountain strengthen its...
UKG will acquire Immedis, a global payroll provider with technology and services operating in more than 160 countries. The acquisition will lead to a new product from UKG to help consolidate global payroll.
Founded in Ireland in 2016, Immedis is now a subsidiary of CluneTech, a group of technology companies...
Veritone – which plays in the space for enterprise AI software and services – will acquire CareerBuilder’s Broadbean, a provider of SaaS technology for talent acquisition and engagement.
Serving more than 3,000 clients and integrated with over 100 ATS partners, the acquisition will expand Veritone’s HR solutions and build upon...
The Core HR software market could increase in value at a rate of 11.1% between 2022 and 2030, according to researcher Market Research Future. The firm estimates the market’s size will reach around $35 billion by the end of the period.
Driving the increase is the growing adoption of cloud-based...
Transcript
Welcome to PeopleTech, the podcast of the HCM Technology Report. I’m Mark Feffer.
Today, something different. We’re going to look at a few of the most interesting stories about HCM technology that have taken place in the last few weeks. The days surrounding Memorial Day are supposed to be quiet,...
