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.

HR.com has expanded the scope of its annual LEAD conference by partnering with Qualtrics’ X4 Experience Management Summit. The events will be held March 5-8 in Salt Lake City. LEAD offers an immersive educational program for professionals who create leadership development programs in large companies. With between 200 and 300...
People analytics platform PredictiveHR has acquired the Recruiting Services Division of Method3, an RPO and IT staffing services provider. Boston-based PredictiveHR said the acquisition will strengthen its existing offerings and help it provide both predictive people analytics and recruiting services to its customers. Method3, headquartered in Camp...
Corporate leaders have begun 2020 with the same concerns that dogged them during 2019. Specifically, they’re worried about a possible recession and the difficulty of recruiting and retaining employees. How will they face these challenges? By pursuing the same approaches they expounded last year: developing more...
Our weekly roundup of deals, product announcements and other HR technology news. HRWins tracked nearly $1.5 billion of VC investments into HR technology during 2019’s second quarter, outpacing any last year’s periods. By mid-year, the total was just $1 billion shy of all the...
Large businesses are diving below the surface of the Tax Cuts and Jobs Act, the tax law passed in December 2017, to uncover benefits that may not be as sexy as how C corporations and some LLCs are now treated, but could impact HCM technology spending. The consulting firm Mercer...
Our weekly roundup of deals, product announcements and other HR technology news. The HR analytics market will grow to $3.6 billion by 2024, a CAGR of 13.7 percent, according to researcher MarketsandMarkets. Its report said increasing demand to automate HR processes, scale  HR personnel...
Willis Towers Watson is quietly extending its reach into the market for small- and medium-sized HR services with the introduction of The HR Trove, an online store offering turn-key products to organizations with fewer employees than its traditional customers. To our knowledge, the site's unveiling has not been previously reported. The...
In mid-July, Ultimate Software acquired the Paris-based HR service delivery provider PeopleDoc for about $300 million in cash and stock. Ultimate said the combination would “improve the employee experience by offering new, person-centric features, such as an online employee help center, HR case management, and employee file management.” In terms...
Still struggling to find talent, more than half of employers plan to revamp their talent acquisition strategy within the next two years. At the same time, a surprisingly low number use workforce analytics in their TA efforts. According to a study by Kronos, How High-performing Organizations Compete...
While the idea of engagement has permeated HR discussions—and a wave of HCM tech products—for the last several years, many employers approach their efforts with a tactical mindset rather than a strategic one, often limiting the positive impact engagement can have on business results.