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.

A roundup of deals, product announcements and other news from the HCM technology community. Korn Ferry released two new talent acquisition products that its said augment key elements of the recruiting process, including best-in-class job profiles, one-click candidate sourcing, insights into talent supply, demand and compensation data, plus predictive candidate...
San Francisco-based Lattice, a three-year-old provider of continuous performance management software, has launched its second product, called Engagement. With it, the company said it’s become the first HCM technology vendor to combine performance management and engagement into a single system. Connecting Engagement’s survey functionality to Lattice’s performance management suite provides...
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...
  As businesses of all sizes begin to take advantage of technology solutions covering everything from finance to operations, marketing and, of course, the workforce, vendors with strong HCM components may find themselves in an increasingly advantageous market position. The reason’s simple: Alone among organizational functions, HR touches every corner of...
New hires, promotions and other people moves throughout the HCM technology community of customers, vendors and analysts. Monster named Steve DeLisle as chief technology officer. DeLisle, who will join the company on October 22, will be responsible for all aspects of the global technology organization, including infrastructure, business applications, security, product engineering and architecture. The...
Conversations with several job board leaders and a look at a number of new tools indicate that services such as Dice, Indeed and ZipRecruiter are adjusting their strategies to focus more on matchmaking, education and candidate loyalty than simple job-posting and database building. For example, ZipRecruiter is “really focused right...
  In this guest column, Armen Berjikly, senior director of strategy at Ultimate software, discusses why HR professionals should reskill themselves now for technologies just beginning to emerge.  Think back to how you felt when you accepted your first job in HR. What did you expect your day-to-day life to look...
A roundup of deals, product announcements and other news from the HCM technology community. ADP’s first-quarter revenues grew percent to $3.3 billion while net rose 22 percent to $505 million. Earnings before income taxes increased 14% to $647 million. New business bookings at its Employer Services unit increase 8 percent...
Kronos introduced an enhanced Workforce Dimensions HCM. The new package includes responsive design, embedded analytics, an AI engine and the extension of the D5 platform’s capabilities across the employee lifecycle. The launch was one of a flurry of announcements that came from this week’s KronosWorks conference in Las Vegas. Built on...
A roundup of deals, product announcements and other news from the HCM technology community. Monster’s revenue dropped 15 percent in the third quarter compared to 16 percent in the second. According to ERE’s analysis of parent Randstad’s annual report, Monster unveiled several initiatives during the period and also showed signs...