UKG's total revenue reached $1 billion for the first time during the company's fiscal 2023 first quarter, up 15% year over year and highlighted by a 20% increase in subscription revenue. Earnings before interest, tax, depreciation and amortization (EBITDA) grew faster than revenue in the mid-20th percentile during the...
For some time, HR technology vendors have claimed that their products can have a meaningful impact on a company's diversity, equity and inclusion efforts. In fact, look at most any of the industry's marketing material and you'll find vendors claiming their products are something like “game-changing.”
But is HR technology actually helping...
With an abundance of HR technology being created and distributed, there can be issues as companies download and implement it into their business processes. From a new platform being more trouble than it’s worth to relying on the wrong partner, here are some horror stories from executives and HR...
Our weekly roundup of deals, product announcements and other HR technology news.
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Engagedly announced the launch of Marissa, an "AI enablement coach" that uses contextual AI to help employees, managers and people leaders build an engaged organization. Marissa is designed to enable better conversations...
Degreed has closed its acquisition of the capability-academy platform Learn In. It was just one of several changes made to the company and platform in order to bulk up its learning and development solutions. With the acquisition, Degreed aims to help companies continuously meet their goals and evolve quickly...
Despite "well-intentioned efforts," the technology industry continues to struggle with diversity, according to InformationWeek. The news service found that one in four companies said their teams were over 70% white, while 73% reported having no Black leaders at all in their executive ranks. In addition, the average percentage of women...
Hybrid and remote work has been on the rise since the beginning of the Covid-19 pandemic, and companies are finally working out the flaws in their own hybrid work models. However, there’s still a long way to go to make these environments as effective and efficient as possible. From...
Our weekly roundup of deals, product announcements and other HR technology news.
Listen to a podcast of our roundup
Workday announced a $250 million expansion of its Workday Ventures fund. The company is expanding the fund to focus on larger growth areas, including emerging technologies like generative AI. The fund will...
More than half of diversity, equity and inclusion leaders -- 51% of them -- say the greatest hurdle they face lies in executives failing to take ownership of driving DEI outcomes. According to Gartner, additional challenges include limited power to drive decisions, ineffective coordination of DEI efforts across business...
Microsoft is incorporating technology from AI lab OpenAI into its Bing search engine, a move that’s widely expected to reenergize the company’s search competition with Google. Ready for the battle – or at least acting like it is – Google plans to soon detail a new approach to search...
