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.

Mark Feffer: Welcome to PeopleTech, the podcast of the HCM Technology Report. I'm Mark Feffer. Today, I’m talking with Cecile Alper-Leroux, Vice President of HCM Innovation at Ultimate Software. She’s an economic anthropologist by training and has been working in HR technology for more than 20 years. We talked...
Our weekly roundup of deals, product announcements and other HR technology news. New job ads during the week ending March 28 dropped 60 percent compared to the week ending March 7, according the market-intelligence firm Greenwich.HR. Job advertising overall was down 5 percent in March compared to February, and all...
With more than 16 million Americans out of work and more layoffs expected, and financial executives taking an increasingly sober view of COVID-19’s impact on their business, some HR technology vendors may have reason to hope. While most employers are looking for ways to cut costs, and many CFOs are targeting their IT...
Our weekly roundup of deals, product announcements and other HR technology news. LinkedIn expanded its Recruiting for Good program to help hospitals and other essential businesses recruit workers and volunteers during the pandemic. According to CNBC, the company has assigned 100 employees for about 540 hospitals, and is handling 260 other requests from healthcare organizations...
Mark Feffer: Welcome to PeopleTech, the podcast of the HCM Technology report. I'm Mark Feffer. Today, I talk with Martha Bird, business anthropologist at ADP Innovation Lab. Her job is to make sure that the human element is accounted for when new digital products are designed, so that, for...
A number of CFOs plan to slow down their payment of vendors in a bid to preserve cash as the coronavirus continues to spread and a global economic crisis takes hold. At the same time, most are confident they can make critical payments for at least 90 days. According to...
In the weeks before the COVID-19 pandemic began its trans-global spread, investment in HR technology totaled about $867 million. That first-quarter 2020 mark was less than the 2019 fourth quarter’s $1.1 billion, but greater than the 13-quarter average of $841 billion. The first-quarter investment activity doesn’t reflect any significant impact...
A number of HR leaders have speculated that employers’ attitudes toward remote work will have changed permanently once the COVID-19 pandemic ends. New research shows that thinking’s warranted. Some three-quarters of CFOs—74 percent—plan to shift at least 5 percent of their employees to remote work, according to Gartner. Nearly a...
Our weekly roundup of deals, product announcements and other HR technology news. Kronos and Ultimate Software completed their merger, creating an HR technology company with $3 billion in revenue and 12,000 employees. Kronos CEO Aron Ain leads the new organization, which will reportedly add 6,000 employees over the next six years. Industry analysts say...
Providing emotional support has become a critical issue as HR departments scramble to set up and manage remote workforces. According to the Kaiser Family Foundation more people are reporting mental health challenges because of the COVID-19 pandemic. In the most recent KFF Health Tracking poll, 45 percent of Americans...