Our weekly roundup of deals, product announcements and other HR technology news.
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Phenom expanded its partnership with UKG to include certifications for Job Sync and Hosted Apply. The companies hope their relationship will improve candidate experience by creating a better application process, while adding automation to reduce manual tasks and improve recruiter efficiency. The goal is to help organizations accelerate time to hire and attract top talent.
LumApps, an employee experience platform, acquired digital assistant technology provider Vizir. The product helps HR departments automate tasks and improve employee access to knowledge, resources and third-party applications at lower costs.
This week in #HRTech: @PhenomTXM expands partnership with @UKGInc; @LumApps acquires chatbot builder Vizer. #HR Click To TweetThe tech company Keep Financial launched Keep Performing, an addition to its employee engagement platform. The feature allows employers to create a “performance challenge” for employees with defined goals attached to an employee’s vesting cash bonus. When the challenge is completed, the employee can earn a performance reward that accelerates the vesting timeline.
Gympass, the employee wellbeing platform, and Thrive Global announced a partnership to bring wellbeing tools to more employees. With the partnership, Gympass customers will have access to the full Thrive Global platform, which brings wellbeing directly into the employee workflow.
The HCM technology company PrimePay announced the integration of its product with SyncHR. The company acquired SyncHR in 2021. The integration is designed to help small businesses expand to HR management from PrimePay. Customers will be able to access the offering – for an additional fee – through their payroll application or managed service.
The global human capital management market is expected to grow from $21.5 billion in 2021 to $23.8 billion in 2022, according to ReportLinker.
Greenhouse made multiple additions to its team. The company hired Jung-Kyu McCann as its first chief legal officer, Kristina Salen as its chief financial officer and appointed Emily Rollins as a board member.
Last Week’s Top Stories
Skills, Cloud, Cybersecurity Drive Increase in HR Tech Spending
More than two-thirds of businesses planned to increase their IT spending during 2022, putting special emphasis on cybersecurity, cloud applications and artificial intelligence, according to a study conducted by Enterprise Strategy Group. In addition, companies are investing in HR technology that can help them improve the results of their recruiting efforts, reduce attrition and generally boost their efforts in HCM. Read More.
New Qualtrics Manager Assist Helps Managers Act on Employee Feedback
Qualtrics unveiled Qualtrics Manager Assist, a new product designed to help managers listen, understand and act on feedback from their teams in real time. The offering brings together the components managers need to increase productivity and engagement, and reduce attrition, Qualtrics said. Read More.
Alight Acquires Leave Management Company, Expands Reach of Platform
Alight acquired ReedGroup, a leave management solutions company from The Guardian Life Insurance Company of America. In addition, the company also announced the global expansion of its employee experience platform Alight Worklife. Read More.
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