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.

Mercer and WeWork Labs are collaborating to create an incubator program focused HR technology. Mercer said its “HRTech Incubator Program” is the first of its kind. Noting that rapid developments in technology is quickly changing the nature of work, the effort is intended to “help incubate, support, and grow the...
While employers give increased attention to attracting and managing part-time employees, a report from the Conference Board suggests that the growth of “non-traditional” workers, such as contingent and gig workers has, in fact, barely grown since the mid-1990s. That’s particularly striking here in the HR technology world, since the impact...
Deploying effective HCM technology can have a measurable impact on employee turnover, according to a report from Nucleus Research. That, in turn, can directly influence an organization's finances, as well as the efficiency of its operations. Rather than view high employee attrition as an acceptable cost of doing business, Nucleus...
HR analysts and commentators might help practitioners and CHROs more if they spent less time talking inside baseball and more time thinking about what employers actually need to get done. Over on the HR Tech Blog, Sarah Brennan argues that too much discussion about HCM strategy and technology is driven by buzzword-driven...
Time management and scheduling software provider Deputy closed an $81 million Series B round. The company said the funds will be put toward expansion efforts, product development and hiring for its engineering team. The round was led by the Silicon Valley-based venture firm IVP, known for its early funding of...
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Workday launched products this week designed to help employers make better use of a data by identifying connections and trends, then presenting results and scenarios in simple terms. The first product, Workday People Analytics, will give employers a look into critical workforce trends and help them understand their most likely...
SAP Fieldglass has added four new services to its Digital Partner Network: Toptal, Trusted Health, First Advantage and TalentWave. With them, Fieldglass customers gain the ability to conduct searches for more specialized workers, background checks, verify certifications and improve payment processes. Expanding the network is intended to give Fieldglass users...
A roundup of deals, product announcements and other news from the HCM technology community. O.C. Tanner unveiled Align, a tool that helps develop leadership through one-on-ones, goals and integrated recognition, and Culture Cloud, an evolution of the company’s culture-building platform. Vice President of Product Steve Fairbanks said Align was designed...
Pymetrics, which combines neuroscience and AI to identify the traits that contribute to success in a role and applies them to incoming job applications, closed a $40 million Series B funding round. Led by General Atlantic, the round also includes new investors Salesforce Ventures and Workday Ventures, plus existing investors...