A roundup of deals, product announcements and other news from the HCM technology community.
Monster’s revenue dropped 15 percent in the third quarter compared to 16 percent in the second. According to ERE’s analysis of parent Randstad’s annual report, Monster unveiled several initiatives during the period and also showed signs of “a financial house that is finally in order.” Overall, Randstad announced revenue of $7 billion in during the quarter, while EBITDA rose 4 percent to $341 million. Revenue in North America increased by 3 percent compared to 2 percent for the same period in 2017.
Buck, an HR benefits, consulting and technology services provider, launched BuckConnect, a platform platform for benefits administration including health, wealth and career services offerings. Below is the official news release. BuckConnect allows employers to deliver tailored, simplified environments for individuals to access and manage their benefits and HR programs. The platform uses machine learning-enabled decision support tools to help employees use the platform.
Recruitment site the Muse acquired TalentShare. In a press release, the company said the acquisition will help employers understand how effective their employer brand is at attracting the right candidates by integrating the Muse platform and applicant tracking systems. “TalentShare’s technology will take our company research and job search capabilities to the next level, by connecting our users with employers that match their unique values, skills and interests,” said Muse CEO Kathryn Minshew.
BenefitMall announced PayFocus Mobile 2.0 for Administrators. PayFocus Mobile enables simplified payroll management through around-the-clock access to employee information from administrators’ mobile devices or tablets. PayFocus Mobile 2.0 includes that allow employers to manage employee profiles and direct deposit information, the ability to review payroll reports and access summary information on next-scheduled payrolls and previous payrolls. The app also allows employers to switch between multiple companies.
Phello introduced itself as a SaaS platform to bring a customer-relationship management approach to career planning and job hunting by incorporating a “professional relationship manager.” Phello users mport their network of contacts, organize them and set up automated, targeted email campaigns. Phello also lets users create a personal website and make use of training videos and a library of content and templates. “To be successful in the 2019 business market, job seekers need to be actively connecting and regularly engaging with hundreds of professionals in their network. Without the right tools this is impossible,” said the company’s founder, Kurt Phelps, who is also CEO of Global Network Recruiting.
Monikl, which calls itself a dating site for careers, launched to match employers and candidates based not only on skills, but on things like environmental preferences and “even personality.” The platform’s algorithm uses a candidate’s skills, personality and workplace preferences to calculate a match percentage with potential employers, then pushes the list of prospective companies to them. Since its introduction, the site has signed up 40,000 regular users and received received grants from Google and Microsoft. Employer subscriptions from from $100 to $1,000 per month.
Kinetic, a maker of wearable devices designed to reduce workplace industries in industrial settings, close a $4.5 million round of seed funding. Crosslink Capital and Primary Venture Partners are among the lead investors. Kinetic will use the money to expand manufacturing capacity and scale its operations.
Chicago-based professional services firm Sikich acquired the business of Executive Alliance, an HR consulting firm that helps businesses implement and optimize payroll and HCM technology and processes. Sikich’s consulting practice covers all aspects of HR and supports businesses across industries with recruiting and onboarding, compensation and compliance, benefits, employee relations and development
Thymometrics, creator of “always on” employee engagement surveys, is launching a mobile-friendly update to encourage, for anywhere, anytime feedback. “With the vast majority of employees using mobile devices as part of their normal workday, it makes sense to empower employees to provide feedback when they have something on their mind and when it really matters to them,” the company said. Thymometrics’ new version captures concerns, ideas and experiences from employees wherever they happen to be, and whenever they wish to enter them.
TalentWave’s engagement solutions–designed to manage independent contractors W-2s and small suppliers–are now available on the SAP App Center. TalentWave’s SaaS-based suite of independent workforce engagement solutions integrates with SAP Fieldglass to provide companies end-to-end management solutions for independent workers.
Intellicorp Records unveiled a mobile solution for its self-service Candidate Direct and Volunteer Portal background screening services. The new features allows applicants to enter their background-check information from their own mobile device. The company said users can take a picture of the driver’s license, which the system can use to fill in necessary information. It also incorporates electronic signing of disclosure and authorization forms.
Square launched employee benefit offerings such as health insurance and retirement savings within Square Payroll. The new features neatly integrate with the the existing Square Payroll platform, the company said, “removing the administrative complexity businesses typically face with offering benefits.”
HMS Software, publishers of timesheet system TimeControl, released TimeControl version 7.4.1, which it calls a major update. It includes enhancements for TimeControl, TimeControl Online, TimeControl Industrial and the free TimeControl Mobile App.
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