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.

The coronavirus and the economic breakers that came with it has forced employers to rethink their technology spending and priorities, with many of them resetting their budgets to focus only on critical projects. As a result, transformation and growth initiatives, which were expected to gain both attention and money...
Job-matching platform Vettery acquired Hired, a job board focused on technology talent. The companies will be combined to position themselves as a comprehensive talent marketplace for technology, marketing, sales and finance roles. Hired vets candidates using its platform as a way to ensure their intentions and boost response rates. That...
Our weekly roundup of deals, product announcements and other HR technology news. Listen to a podcast of our roundup. ServiceNow and Workplace from Facebook implemented new integrations that enhance the capabilities of ServiceNow Virtual Agent. The integrations allow companies to distribute content through Workplace, and to create new integrations based on...
Transcript Welcome to PeopleTech, the podcast of the HCM Technology Report. I’m Mark Feffer. This edition of PeopleTech is brought to you by UKG. Combining the strength and innovation of Ultimate Software and Kronos. Together, they’re committed to inspiring workforces and businesses around the world. Learn more at www.ukg.com. It was busy...
UKG’s total revenue increased by 9% during fiscal 2020, hitting nearly $3 billion. Earnings before interest, tax, depreciation and amortization (EBITDA) rose 10%, to almost $770 million. The results were the first announced since Ultimate Software and Kronos merged to form UKG earlier this year. “The story of UKG has...
Paylocity acquired the collaboration platform Samepage, expanding its functionality into task management, screen-sharing, file-sharing and real-time document co-editing. The merger comes less than two months after Paylocity added video-messaging capabilities throughout its suite, and indicates a concerted effort to offer employers a more dynamic solution tailored to the needs of...
Our weekly roundup of deals, product announcements and other HR technology news. Listen to a podcast of this week's roundup. Udacity reached profitability and signed a $75 million debt facility. Growth has been driven by business and government need for advanced technology skills, the company said. It also announced third-quarter total...
New Year’s is just seven weeks away, but already HR technology analysts, essayists and pundits are making predictions for 2021. Forecasting may be a particularly dicey proposition this year, given the uncertainty hovering over most every aspect of life, from public health to politics, the job market to the...
Just six months after closing an $11 million seed round, the compensation and compliance platform Remote secured an additional $35 million in Series A funding. The latest round was led by Index Ventures, joined by Sequoia Capital, previous investors General Catalyst and Two Sigma Ventures, and several angels. It brings...
Candidates are asking more questions about mental-health benefits, accommodations for working parents and Covid-19 safety protocols, recruiters say. In addition, a third of recruiters report they’re receiving more questions about diversity and inclusion initiatives than they did last year. According to Jobvite’s 2020 Recruiter Nation Survey, 71% of recruiters said...