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.

How Has AI Impacted HR
With the rise of AI tools and products being used in the industry to automate tasks and streamline processes, it's hard to know what the effects of using AI will be. From adding objectivity and speed to identifying skill gaps and providing personalized training plans, here are insights from...
Our weekly roundup of deals, product announcements and other HR technology news. Netsuite announced NetSuite MyLearn, a digital learning platform that provides access to live training and on-demand modules in a personalized environment. The offering also has a dashboard that helps users monitor their learning progress and explore recommended content...
Investment in a company’s HR technology stack will become increasingly business critical in 2023 as people teams navigate today’s economic climate. According to the employee management platform Humaans, HR and talent teams were hit hard by recent lay-offs. A survey by the company found 59% of teams reported reductions over...
HR technology budgets are being cut back even as corporate leaders worry about effectively contending with talent management and retention challenges. A review of Hackett Group research by UNLEASH found that today’s business environment “will be a critical time for businesses to extrapolate the most efficient policies while maintaining employee...
For years, businesses have tried to glean insight into the performance and productivity of their employees, whether through employee monitoring, tracking, data collection, evaluations or some other method. However, many employers are unsure of what can help their employees' productivity. From the importance of your company’s culture to sharing...
Our weekly roundup of deals, product announcements and other HR technology news. Syndio expanded its OppEQ product with Promotions, a new solution that helps companies analyze and address the leading cause of pay gaps: disparities in promotion rates across gender, race and ethnicity. With the addition, the company hopes to...
Salary.com announced new capabilities for its CompAnalyst pay equity suite, a solution that, the company said, focuses on identifying and preventing pay issues. Sixty-seven percent of organizations face continuously increasing pressure to address pay equity, according to a Salary.com survey. The study, Employer Pay Equity Pulse Survey, found that current employees...
Nearly half of HR leaders, 46%, say that HR technology is their top spending priority this year, followed by staffing and recruiting, total rewards and learning and development, according to research by Gartner. High inflation, intense competition for talent and global supply constraints are, leading organizations to focus on “growth...
Hiring at U.S. small businesses increased during February, led by hiring in the leisure and hospitality industry, according to research by Paychex and IHS Markit, a provider of information and analytics. The company’s Small Business Jobs Index, which measures national employment growth for businesses with fewer than 50 workers,...
New technology, like AI, has been both a disruptive and beneficial force in society and the world of work. As such, it's hard to know how the tech we're using today will change our lives and work tomorrow. From working in a virtual office to automating tedious, manual tasks,...