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.

Today’s workplace is, to say the least, uneasy. The economy’s unsettled and the dynamics that appeared in the wake of Covid-19 has forced HR departments to juggle the often conflicting needs of the workforce and the C-suite. According to performance management platform provider 15Five, one-third of workers plan to quit...
Our weekly roundup of deals, product announcements and other HR technology news. Listen to a podcast of our roundup. HiBob raised $150 million in growth funding, just 10 months after raising a $150 million Series C round. Led by General Atlantic, the Series D takes the company’s valuation to $2.45 billion...
Many educators think tomorrow’s candidates will be a whole lot more sophisticated in a whole lot of subjects. So, colleges are paying a lot more attention to areas like AI, the metaverse, networking and personal branding as they try to keep up with the needs of both employers and...
Volume-hiring vendor Harver acquired pymetrics, whose technology measures soft skills to help identify and bring aboard predicted successful hires. Harver said that together, the companies will address “a broad set” of talent acquisition and talent management use cases. The acquisition pairs pymetrics’ behavioral-based AI methodology with Harver’s existing talent assessments....
Employ Inc. acquired Lever, a talent acquisition suite that offers ATS and CRM capabilities in one product. In a blog post, Employ Chief Marketing Officer Allie Kelly said the transaction makes Employ the largest modern provider of talent acquisition solutions. By adding Lever, she said, the company becomes home to 850...
Our weekly roundup of deals, product announcements and other HR technology news. Listen to a podcast of our roundup. Modern Hire launched two new features intended to improve both the client and candidate experience. The Candidate Feedback Report can be presented to candidates who complete a pre-hire assessment. It highlights the...
What is one way your small business delegates tasks to employees who are traditionally not under HR? To help you learn ways to delegate HR tasks to your employees, we asked CEOs and HR managers to share their best insights. From aligning tasks with employees’ goals to using self-service HR...
Our weekly roundup of deals, product announcements and other HR technology news. Listen to a podcast of our roundup. Investment in work technology dropped 22.8% in 2022’s second quarter, according to estimates by the Starr Conspiracy. Demand for work solutions should remain high, although many business leaders are not-so-secretly hoping that...
HR professionals recorded the highest turnover rate across all industries in the last three years, LinkedIn reports. The company's latest global behavioral data said in the past year alone global HR saw a turnover rate of almost 15%. That's higher than all but two other functions -- research, at 13.1%...
Our weekly roundup of deals, product announcements and other HR technology news. Listen to a podcast of our roundup. Visier announced a strategic alliance with Deloitte, which will allow the two firms to provide enterprise organizations with guidance and professional services support around people analytics. Through the partnership alliance, Deloitte will...