Our weekly roundup of deals, product announcements and other HR technology news.
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RPO Cielo acquired consulting firm Talent Function with an eye toward expanding its service offerings. Talent Function helps organizations develop talent strategies and technology solutions aimed at improving business performance. This acquisition formalizes the strategic partnership between Cielo and Talent Function, which was announced in October.
The global workload scheduling and automation market will be worth an estimated $3.65 billion by 2027, according to a study by Grand View Research. That’s a CAGR of 6.5%. Continued digital transformation, the penetration of cloud computing and growing demand for scalability are expected to drive the market growth.
This week in #HRTech: Cielo acquires Talent Function to expand services, software market for scheduling is growing, TalentQuest adds tools, and more. #HR @CieloTalent Click To TweetTalentQuest added TQ Connect, a feedback and recognition tool, to its platform. The feature facilitates the scheduling of one-on-one meetings, offers an interactive agenda feature and provides guidance on conducting conversations.
TCP, the re-branded TimeClock Plus, acquired Humanity, an employee scheduling platform Humanity’s solution will be integrated into TCP’s workforce management software suite. Humanity is used at more than 175,000 business locations to manage schedules, employee availability, shift trades and day-off requests.
Dublin-based Immedis, a provider of global payroll solutions, secured a $50 million strategic investment from Lead Edge Capital. The investment puts the company’s valuation at more than $575 million. The company said the investment will support expansion, including new offices on the U.S. West Coast and Singapore.
Equifax unveiled Talent Report Select All, a tool that delivers contextual data to help provide a more comprehensive view of candidates in a single report. It provides verification of employment for all candidate history by social security number through the company’s Work Number database.
Technology firm Nakisa launched new D&I features for its Nakisa Hanelly product. Hanelly integrates recommendations from the French Gender Equality Index to help global organizations benchmark themselves and look for ways to address issues.
Engagement and experience platform People Element released a new version of its product, People Element 4.0, that includes an enhanced user interface and simpler gathering and analysis of employee feedback.
Background-screening solution TazWorks announced an integration with MeasureOne, a provider of academic data. Through the integration, screening companies will be able to access MeasureOne’s education-verification solutions, including real-time information on degrees, attendance dates, GPAs and transcripts.
People
Russell Reynolds Associates hired Alex Lonergan as a Consultant in its Business and Professional Services practice. Based in Atlanta, Lonergan advises senior leadership teams on technology and business services. She joins the company from World 50 Inc.
Globalization Partners promoted Melissa Cooper to Chief Customer Officer. She’ll oversee the company’s global customer service team, and be involved with the finance, legal and product divisions. Previously, she oversaw the company’s operations team.
Trox, which provides education technology and collaboration solutions, hired Sean Minner to be CHRO. He most recently served as CHRO at BASIS.ed and BASIS Education Ventures, which manages open-enrollment public charter schools.
Last Week’s Top Stories
3 Fundamental Trends for HR Technology in 2021
We’ve all read about the spike in remote work, the growth of digital recruiting, and increasing adoption of electronic payroll and touchless technology. But some broader shifts are underway, as well, if only because employers and HR technology vendors are reconceptualizing some of work’s fundamental tenets. Read more.
Vettery Acquires Hired, Will Combine Solutions
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. Read more.
Cornerstone OnDemand Launches ‘Innovation Lab’ for AI
Cornerstone OnDemand has established an internal center of excellence focused on developing new ways to apply AI to workplace needs. Read more.
Podcast: Investors Bet on Continued Disruption in HR Tech
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