Roundup: Investment Falls in Work Tech; ChartHop Launches Comp Reviews

News Roundup

Our weekly roundup of deals, product announcements and other HR technology news.

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Investment in work technology dropped 22.8% in 2022’s second quarter, according to estimates by the Starr Conspiracy. Demand for work solutions should remain high, although many business leaders are not-so-secretly hoping that the downturn will help swing the power dynamic back in the labor market

ChartHop launched Compensation Reviews, which are designed to help people and finance teams make equitable, streamlined and secure compensation decisions. ChartHop’s Compensation Planning solution and the new Compensation Reviews provide a single source of truth for compensation information by pulling in payroll and equity data from across systems. The product allows organizations to centralize and visualize their people data, configure review cycles and collaborate efficiently to make more informed and equitable compensation decisions.

In this week's #HRTech news: Investment in work tech drops; ChartHop launches compensation reviews, and more. #HR Share on X

15Five received $52 Million in Series C funding, led by Quad Partners. The company will use the funds for R&D on performance measurement and integration and coaching. It also expects to scale its go-to-market strategy by expanding into new markets and pursuing potential acquisitions.

Bullhorn announced the Bullhorn Talent Platform, an end-to-end that engages talent at every stage of the talent lifecycle. With the aid of automation and AI, along with new chatbot capabilities, firms can provide talent with tailored, intuitive experiences. The platform allows recruiters to communicate through multiple channels while managing talent information in a single system of record.  

Findem launched Sourcing Accelerator, a solution that makes weekly introductions to qualified, interested candidates for every role. With it, Findem manages the sourcing and enables talent teams to build solid pipelines of candidates from a large, diverse talent pool.

Last Week’s Top Stories

10 HR Tech Startups Ready To Make a Splash

To help you stay aware of the most interesting HR Tech startups in the market, we asked HR leaders and CEOs to name their best picks. Read more.

Compliance Pressures HR as Remote & Hybrid Work Spread Out Employees

Seventy-percent (70%) of Human Resources professionals say the difficulty of complying with state and local laws has increased markedly as their companies hire more workers from more states. Read more.

More HR Professionals Quit Their Jobs Than Anyone Else

HR professionals recorded the highest turnover rate across all industries in the last three years, LinkedIn reports. The company’s latest global behavioral data said in the past year alone global HR saw a turnover rate of almost 15%. Read more.

Podcast: Cornerstone’s Himanshu Palsule on Transitions and Ed Tech

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