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. Listen to a podcast of our roundup. HR Acuity unveiled an employee relations maturity model, the Employee Relations Quotient or ER/Q. With the tool, employee relations teams can establish a baseline for their current maturity level based on the...
Our weekly roundup of deals, product announcements and other HR technology news. Listen to a podcast of our roundup. The pandemic years made young workers more ambitious, even as their older colleagues grew less ambitious, according to new research from Qualtrics. In a study of 3,000 working Americans, Qualtrics found that...
Companies using AI and other tools to help them plan and execute layoffs during a recession may face legal and compliance issues if it turns out their systems are biased. Capterra’s HR Tech Recession Planning Survey of 300 HR leaders found that 72% of those surveyed say their organization has...
Team communications platform Slack will conduct layoffs as a part of parent Salesforce’s reduction in force. Salesforce acquired Slack in 2020 for some $27.7 billion, positioning the merger as creating an “operating system for the new way to work.” Earlier this week, Salesforce said it will lay off 10% of...
The global employee recognition system market is projected to reach $34.1 billion by 2030, according to Acumen Research and Consulting. That's up from the $11.1 billion in 2021, and represents a CAGR of 13.4%.  With recent changes in the labor market and evolving employee expectations, recognition programs, platforms and systems...
Our weekly roundup of deals, product announcements and other HR technology news. Assessment solution provider EduThrill partnered with Lever, an application tracking system. This integration of EduThrill's pre-employment assessments solution with Lever ATS enables automatic curation of the assessments from EduThrill's content library with questions across a variety of skills...
Another year’s ending and this time, it seems, we can look around and feel like the world’s getting back to something like normal. Just as they were in 2019, people are out and about, even if many remain wary of crowded spaces. Offices are re-opening, though much of the...
Technological advancements have made some drastic changes to businesses and their processes, including recruiting and hiring. To help you best appreciate the changes technology has brought to the hiring process, we asked hiring managers, recruiters and business leaders for their best insights. There are several ways the hiring process...
Businesses should consider redeploying workers before they take steps toward layoffs during a crisis, said HR advisory firm McLean & Company in a new report, Redeploy Your Workforce During a Crisis. The firm believes layoffs should only be imposed as "an unavoidable, final course of action." McLean said this approach will better position...
During 2023, employers will spend more time and energy reexamining HR's role, the employee experience, DEI, digitization and the struggle to close skills gaps. The HR Trends Report 2023, from HR consultancy McLean & Company, says these trends have appeared even as HR’s effectiveness and role as a strategic partner have become stronger,...