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.

This week, our Roundup looks back at the most important stories of 2019. Some are worth noting on their own, while others are indicative of trends that will continue into 2020. Either way, they’ve all helped set the stage for the coming year. SAP SuccessFactors went all-in on the notion that “experience”...
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 innovative cultures and new business models. The...
Although customer service has become more of a factor in HCM technology purchasing decisions, vendors are falling behind in their efforts to satisfy the demands of HR leaders and other decision makers. A survey by Kelton Global, commissioned by Ultimate Software, uncovered a decreasing sense of partnership between employers and vendors. As...
Our weekly roundup of deals, product announcements and other HR technology news. First Advantage announced a partnership with Jobvite to streamline screening and monitoring services for the recruiting platform’s customers. The company said the agreement will broaden its reach and improve the hiring process for end users. Alight Solutions, which provides benefits, payroll and cloud...
Recruiting platform Bullhorn has acquired Herefish, a St. Louis-based provider of staffing automation solutions. The company said adding Herefish’s tools will allow it to offer customers additional options to streamline their processes. Herefish’s solutions automate a variety of manual processes and messaging chores, which in turn helps employers improve recruiter productivity, data accuracy...
Our weekly roundup of deals, product announcements and other HR technology news. Safeguard Global expanded it workforce management and payroll suite. The expansion results from the company’s acquisition of WorkFor Group in May 2019, and offers solutions designed to address the onboarding, management and payroll needs of without their needing to implement additional technologies. GK Software...
HR leaders say their C suites aren’t providing the money and resources they need to keep up with the changing nature of their role. Yet at the same time, CEOs give HR more credit for moving forward than many CHROs do. According to a report, The Future Chief People Officer, by SHRM’s...
Phenom People closed $30 million in Series C funding, bringing the total invested in the company to $61 million. The company will use the funds to continue scaling and growth. The round was led by WestBridge Capital with participation from AllianceBernstein and contributions from existing investors including AXA Venture Partners,...
Our weekly roundup of deals, product announcements and other HR technology news. Paylocity rolled out new features designed to help employers attract and retain Gen Z talent. Includes are on-demand pay, a social collaboration platform and an LMS. The company said Gen comprises 11 percent of its customers’ workforces. Kununu launched Culture Compass, a feature...
Modern Hire, the company formed by the May 2019 merger of Montage and Shaker International, said it will focus on growth during 2020. One of its differentiators: ethics in AI. The company said it added more than 60 enterprise clients including DHL, IBM and American Family last year, while client...