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.

Our weekly roundup of deals, product announcements and other HR technology news. Given the momentum behind AI's use in HR technology, practitioners should speed up their learning process, according to HR.com’s Research Institute. The institute’s 2019 State of Artificial Intelligence in Talent Acquisition reported that...
HR departments are widely underrepresented when corporate leaders are immersed in discussions about workplace-transformation strategy. Yet these same executives worry about employee expectations, adoption and other issues that fall squarely in HR’s wheelhouse. According to an ISG study of “workplace of the future” initiatives, HR is often...
Small-business payroll and benefits platform Gusto raised $200 million Series D funding. Fidelity Management & Research Company and Generation Investment Management joined previous investors Dragoneer Investment Group, General Catalyst and investors advised by T. Rowe Price. CEO Josh Reeves said the company as been “intentional” in working...
Employers are putting their money where their technology is, investing more in systems than they are in upskilling, according to new research from Adecco. The report comes just weeks after KPMG said only 42 percent of technology industry leaders plan to upskill their workforce, even though...
Our weekly roundup of deals, product announcements and other HR technology news. Paradox’s AI assistant Olivia has been added to SAP’s digital marketplace. It joined the SAP PartnerEdge program to speed integrations with SuccessFactors solutions. Paradox integrates with SAP SuccessFactors Recruiting using native APIs.
More than 55 percent of procurement and finance professionals expect a recession to begin before the end of 2020, and 30 percent of them say they’re not prepared to cope with an economic downturn if it hits. According to research published by the Seattle-based...
Our weekly roundup of deals, product announcements and other HR technology news. Namely announced a partnership with SignalFx, which monitors and provides analytics for cloud infrastructures. The partnership will optimize system performance and provide engineering resources to help maintain performance in processing payroll, benefits,...
A minority of technology CEOs plan to develop their workforce, says a report from KPMG. Given Amazon’s plans to upskill a third of its workers over the next six years, industry HR leaders have an opportunity to refocus leadership’s attention and prepare their organizations to integrate advanced...
Amazon will spend more than $700 million to upskill a third of its American workforce. The company said its goal is to help employees move into new jobs—both technical and non-technical—across nearly all of its operations. The “Upskilling 2025” effort will create programs for employees of...
Corporate executives claim to understand the critical role performance management and workforce development play in improving their company’s retention efforts. However, middle and front-line managers say their leaders aren’t backing up those words with real action, and are generally out of touch with what’s going on in their employees’ real world.

News & Analysis for the HCM Technology Community.