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.

Conventional wisdom says that American workers are walking away from their jobs because they’re unhappy. It turns out that’s not the case. According to research by the accounting software firm FreshBooks, the majority of workers who are seeking self-employment (86%) will choose that path as opposed to being forced...
Nearly three-quarters of employees working in digital businesses expect to leave their current role in the near future, while 40% of them are already job hunting. The main drivers: improving their chances for advancement (63%) and looking for new challenges (49%). Research by the Boston Consulting Group and recruitment website group...
Employees are becoming less likely to leave their current job for another employer, even though they’ve grown more pessimistic about their chances of switching to a new role within their current company. Those findings, published in Randstad RiseSmart’s Q3 2021 Career Mobility Outlook report, are directly opposed to employer sentiment. Some 95%...
Outmatch has rebranded to Harver while, separately, Wedge launched the Wedge Hire mobile app and several new product features. Outmatch acquired Harver in May. At the time, the company said Harver’s platform complemented the assessment, video interviewing and reference-checking capabilities of its Hiring Experience Stack. The combination, Outmatch said, would...
UKG said total revenue for its fiscal fourth quarter increased to $872 million while full-year revenue rose 10% to $3.26 billion. Subscription revenue grew 19% for the quarter and 17% year over year. Earnings before interest, tax, depreciation and amortization (EBITDA) for the year grew to $801 million. Noting the...
Our weekly roundup of deals, product announcements and other HR technology news. Listen to a podcast of our report. The U.S. Equal Employment Opportunity Commission launched an initiative to ensure that artificial intelligence and other emerging tools comply with federal civil rights laws when they’re used in hiring and other employment...
Fiverr International acquired Stoke Talent, a platform that helps businesses manage their use of freelance workers, for $95 million. Among other things, Stoke offers tools to onboard, pay and track budgets. The companies said the acquisition is meant to offer more value to larger customers and integrate with existing...
Our weekly roundup of deals, product announcements and other HR technology news. Listen to a podcast of our roundup. Lever completed a $50 million Series D funding round with the Apax Digital Fund. The company said the investment will accelerate product development in talent analytics, talent discovery and DEI, as well...
Our weekly roundup of deals, product announcements and other HR technology news. ServiceNow announced ServiceNow Messaging Service to help organizations drive better service experiences. Leveraging the Twilio platform, the service allows organizations to purchase SMS and WhatsApp directly from ServiceNow, making it easier to integrate popular messaging platforms with ServiceNow...
Although most American workers have returned to the office, about half say they don’t want to go back. In addition, a majority of those currently working from home expect their employers to require proof of vaccination and implement a mandatory mask policy when they return to the office. A Harris...