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. L:L Listen to a podcast of our roundup. BetterUp closed a $300 million Series E fundraising round, bringing the company’s valuation to $4.7 billion and total funding to $600 million. The round makes BetterUp the largest mental health and coaching...
Our weekly roundup of deals, product announcements and other HR technology news. Listen to a podcast of our roundup. Google is implementing additional Workday products to support its global workforce, including Workday Adaptive Planning, Prism Analytics and Strategic Sourcing. The internet giant will also expand its current use of Workday HCM...
Mark Feffer: Welcome to PeopleTech, the podcast of the HCM Technology Report. I'm Mark Feffer. The HR experience score, it's a metric developed by ADP Research Institute. It measures the quality of HR services, HRs impact, and other attributes that correlate to a strong, talent brand seen through the lens...
Our weekly roundup of deals, product announcements and other HR technology news. Listen to a podcast of our roundup. The PE firm HighBar Partners acquired SilkRoad. In combination with the deal, HighBar Partners will provide additional growth equity financing to further develop SilkRoad’s SaaS capabilities, elevate its technology stack and deliver...
Transcript Mark Feffer: Welcome to PeopleTech, the podcast of the HCM Technology Report. I'm Mark Feffer. My guest today is Michelle Jukoski. She's Senior Vice President and National HR Technology Practice Leader for HUB International. They're the fifth largest broker in the world and serve all lines of insurance, as...
Our weekly roundup of deals, product announcements and other HR technology news. Listen to a podcast of our roundup. Background check company @Checkr raised $250 million in a Series E round that valued the company at $4.6 billion. The round was led by Durable Capital, alongside new investors Fidelity Management &...
The most common characteristic among today’s HR tech stacks is a focus directed more on employees than on HR professionals. Vendors, it seems, pay the most attention to self-service, mobile access and employee engagement, according to the HR.com’s Research Institute. Specifically, HR tech portfolios involve employee self-service (66%), allowing employees...
UKG acquired the Great Place to Work Institute, a consulting firm and researcher that reviews corporate cultures and certifies organizations that have managed to build a rewarding place to work. Great Place to Work is the organization behind Fortune’s annual list of 100 Best Companies to Work For, which the...
Headspace, which focuses on mindfulness and meditation, and Ginger, which offers on-demand mental healthcare, have agreed to merge. Together, they will offer a global mental health and wellbeing platform as the combined entity called Headspace Health. According to TechCrunch, the new company will be worth some $3 billion and home...
Recruiting software developer Paradox said it will acquire the mobile-first assessment platform Traitify. Terms weren’t disclosed. “Our goal has always been to build a software company that solves real problems for our clients,” said Paradox CEO Aaron Matos. Traitify, he said, “share our passion for recruiting and our philosophy that...