Our weekly roundup of deals, product announcements and other HR technology news.
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Challenges around cost, access, logistics and privacy are preventing many employers from implementing plans to test employees for COVID-19, reports Bloomberg. In addition, some executives note that testing covers only “a moment in time,” and so offers limited value to overall workplace safety efforts. Instead, organizations are doing temperature checks and symptom screening, and investing in masks, hand sanitizer and cleaning wipes, the news service said.
About 52% of HR leaders surveyed by Gartner say their organization’s business operations are continuing at a reduced level because of the pandemic. Many said that optimizing costs is the business priority that has changed the most since January 2020. Gartner also said the focus of employee experience has shifted to performance and engagement of a hybrid workforce, where some employees work remotely while others operate from the workplace.
In this week's #HRTech roundup: Employers hesitate to implement COVID-19 tests; employee experience goals shift with new dynamics. That and more. #HR Click To TweetEightfold.ai launched Project Marketplace, a new feature of its Talent Intelligence Platform that “ties together” learning and career advancement, allowing workers to apply new skills to their work, so they can accomplish more while improving retention.
Learning platform Docebo announced a partnership to integrate its LMS with MHR International Group’s HR technology suite. The companies said the move will broaden the capabilities of MHR’s HR products, allowing customers to manage and deliver training material more cost-effectively.
The Mom Project, a career destination for mothers, closed $25 million Series B funding in a round led by investment firm 7GC. Additional participants include Citi, Synchrony, High Alpha and Silicon Valley Bank. The brings The Mom Project’s total funding to $36 million.
Just 2% of recruiters expect the COVID-19 pandemic to cause a depression that lasts beyond 2021, according to research by Bullhorn. More than half—56%—believe the economy will improve by the end of the year. Meanwhile, nearly 30% say their businesses are doing better, or as well, as they were a year ago.
Aclaimant, a risk management-focused workflow platform said it’s raised $10 million in Series A funding, led by Mercury Fund. The round brings the company’s total funds raised to nearly $13 million. Additional investors include Royal Street Ventures, EBSCO Capital, KEC Ventures, RRE Ventures and Aspen Capital Group.
Analytics firm OSG launched PxidaTX, an employee feedback tool designed to provide HR with behavioral analytics that will help them understand employee concerns and measure how their organization is performing in that context. Previously, OSG offered its behavioral analytics on understanding customer decision-making for global brands and the Fortune 500.
Last Week’s Top Stories
SAP SuccessFactors Adds Features to Simplify Tasks for HR, Employees
SAP SuccessFactors believes its experience-focused approach to HCM technology is becoming increasingly important as businesses reimagine their approach to workforce management and engagement as they adjust to the COVID-19 pandemic’s new realities. Read more.
Podcast: ADP’s Brianne Wilson Explains Compensation Philosophy, Why It Matters
ADP Product Manager Brianne Wilson on compensation philosophy, things you should consider when designing your compensation plan, and why it all matters. Listen here.
Salesforce, Siemens, HPE Launch Return to Work Solutions
A number of HR technology vendors have launched products to help businesses reopen, even as coronavirus cases spike around the world. While that might slow the adoption of these solutions, vendors are jockeying for position in a new area of workforce technology: platforms that support safe practices and safe workplaces. Read more.
Workday Adds Service Delivery, Guides to People Experience
Workday made available two new features for its People Experience solution, Workday Help and Workday Journeys. The company said both products are designed to help employers better engage employees by supporting increased personalization and productivity. Read more.
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