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.

Technology companies are facing a diversity problem after the recent, widespread layoffs seen throughout the economy, according to The Washington Post. As a whole, they're struggling to maintain their commitment to diversity while taking cost-cutting measures to prepare for a possible economic downturn. During the pandemic, many firms -- including some...
From monitoring with AI to leveraging specific data, there are many different ways to promote DEI with technology.Get an AI-driven Diversity Monitoring SystemOne of the most effective approaches is an AI-driven diversity monitoring system. This system can track and measure diversity metrics in the workplace, such as gender, age,...
Listen to a roundup of our podcast. BambooHR deepened its integration with Checkr to help streamline background checks of prospective employees. With this update, users can now request background checks from the candidate's profile within BambooHR's application tracking system. Once a background check has been completed, a tile will appear...
Technology employers are making serious cuts to their DEI teams, a notable component of the wider downsizings that have taken place over the last several months. According to Layoffs.fyi, more than 150,000 workers were laid off by tech companies in 2022, with over 80,000 more following in 2023. So...
Dalia, a recruitment marketing automation platform, completed a $5 million Series A round. The investment will be used to expand the company’s product suite, which seeks to maximize career site conversion rates. Founded in 2019, Dalia streamlines recruitment marketing by helping employers reach and convert their lost job seeker traffic...
Technology is evolving rapidly, but sometimes not fast enough for our needs. There are still tools that would save time, money and energy for HR teams and companies holistically that have yet to be developed. From empowering HR with ethnographic data science to equipment return software, HR and business...
Our weekly roundup of deals, product announcements and other HR technology news. Listen to a podcast of our roundup. SilkRoad Technology announced the addition of survey capabilities to its RedCarpet Onboarding solution. The new features will enable clients to build and deploy surveys to measure engagement, culture transition and readiness at...
Mark: Welcome to PeopleTech, the podcast of the HCM Technology Report. I'm Mark Feffer. Today I'm speaking with Purbita Banerjee. She's a senior vice president and Head of Product Management at Korn Ferry. We're going to talk about the dynamics of today's workforce, labor shortages in HR, tech, and...
Companies are quietly hiring contract workers even as they assign work to remaining employees to make up for layoffs, according to a study from ResumeBuilder.com. The company defines quiet hiring as "the practice of either hiring contract workers or asking existing employees to take on new or additional tasks." Cost-cutting measures have...
DailyPay secured $260 million of capital, which it will use to support domestic growth, expand internationally and further invest in product development. The funding is divided between revolving credit facility capacity provided by Barclays and Angelo Gordon, and new term loan funding from SVB Capital and a fund managed...