Roundup: Ceridian, Payactiv Launch Earned-Wage Features

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Ceridian launched Dayforce Wallet Rewards, a cash back rewards program for the company’s earned-wage solution. To earn cash back, users pay for products with their Dayforce Card as they normally would, and cash back rewards are automatically credited back to their card.

Payactiv and U.S. Bank announced a new solution to bring earned wage access to U.S. Bank clients. Employees at organizations that use the solution for payroll disbursements can access a portion of their earned wages through an immediate direct deposit to their U.S. Bank Focus Card. The collaboration includes other payment options including an instant deposit into an employee’s checking account. The solution will also provide access to other financial wellness services, including savings and bill management tools.

This week in #HRTech: @Ceridian, @Payactiv launch new earned-wage features, salaries make 'staggering' rise and more. #HR Click To Tweet

Salaries for in-demand positions in key industries are rising at “staggering rates,” according to a report from Randstad USA. The company found increases across all eight measured industries as Americans quit their jobs at an unprecedented rate to pursue new opportunities. The report also found a disconnect between workers’ demands and C-suite expectations about remote work amid the pandemic, which will make salary discussions more important for companies that cannot provide the level of flexibility some workers are seeking, Randstad said.

HireRight, a leading provider of global background screening services, announced a legally incorporated subsidiary in Mexico, which will allow more targeted regional support for the company’s growing customer base in Latin America. The company said it’s experienced significant growth in the region as multi-national employers adopt and expand global employment screening programs.

Infor formed a strategic partnership with iCIMS to deliver talent capabilities to key services industries throughout North America, including healthcare organizations. The companies aim to take the talent experience “from transactional to transformational” with sophisticated, simple and cost-effective solutions. 

LiveHire announced a strategic partnership with Broadleaf Results, a provider of talent acquisition and workforce management services. The deal will pair LiveHire’s AI-powered technology with Broadleaf’s workforce services. The companies said LiveHire’s software will provide Broadleaf with a talent platform that generates private, branded “Talent Clouds” to attract and engage permanent and contingent workers.

Fama, a screening product that allows prospective employers to review candidates’ behavior on social media, raised $10 million in Series B funding in a round led by Silverton Partners. The company will use the funding to expand its go-to-market team, launch new products and pursue product development. The company also plans to deepen relationships with its resale network to generate additional revenue from background screening firms, applicant tracking systems and other HCM software providers.

Checkr has developed a partnership with GoCo.io, a provider of software solutions for HR, benefits and payroll. GoCo said the relationship will “round out” its employee management platform with a fully integrated background check experience.

Employee experience platform Epoch closed $3.6 million in seed funding, led by Rally Ventures. The funding will be used to continue building Epoch’s team and supporting growing customer demand. Epoch manages everything from company announcements to events, learning programs and AMAs.

Last Week’s Top Stories

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Digital Tech is Critical to Achieving Workplace Success

Leveraging digital technologies to enhance the employee experience is key for businesses aiming to achieve workplace success in 2022, according to experts at Information Services Group. Read more.

iCIMS Offers New Experience For Opportunity Marketplace

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Podcast: How the Pandemic Changed High-Volume Hiring

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