Roundup: SilkRoad, Now Rival Recruit, Relaunches Platform

News Roundup

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

The company formerly known as SilkRoad Technology, rebranded as Rival, relaunched its recruiting offering as Rival Recruit and released Rival Engage, a new candidate engagement product. Rival Engage is a tailored talent acquisition solution that improves the candidate experience and application conversions with AI-enabled sourcing, recruitment marketing, career sites, hosted apply and ATS integrations.

Engagedly acquired theEMPLOYEEapp, an employee communication platform for deskless workers. By incorporating theEMPLOYEEapp into its portfolio, Engagedly aims to help organizations connect, activate and engage their workforce more effectively.

BetterUp released an AI-powered solution for businesses, BetterUp Manage, that combines science-backed learning experiences and human connection to help drive manager development, build high-performing teams and unlock performance at scale, the company said.

Payroll technology company Everee unveiled Auto Payroll, an AI-powered feature that automates payroll for both hourly and salaried employees. It analyzes each employee’s payment history and establishes what a typical payment is for that specific worker using a statistical algorithm to assess payment ranges. From there, the product automatically flags any discrepancies for real-time review, helping to ensure that every paycheck is accurate.

Contingent workers expect a smooth experience at every stage of the recruitment lifecycle. Research by Bullhorn found that 68% of contingent workers would work with their staffing firm again, an increase from 57% in 2022. There’s still opportunity to improve, however: Meeting talent expectations at each stage of the hiring process stands to increase that loyalty significantly, Bullhorn said.

Harver promoted Ben Porr to chief customer officer, Chris Pateman to chief sales officer and Arnold Sowole to executive vice president of product and engineering.

HR credentialing and learning organization HRCI announced the appointment of Kenneth Lee to its board of directors.

Last Week’s Top News

AI Tech Moves Faster than Strategies, Study Finds

AI is the top issues of concern for business leaders, according to research by Nash Squared, the parent company of Harvey Nash. The company’s survey revealed that only 15% of global technology leaders feel adequately prepared for the demands of generative AI, and 88% believe stronger regulation of AI is essential. Read More

15Five’s New Features Offer Real-Time, Customized Performance-Management Support

15Five’s latest platform enhancement includes an AI-powered assistant that helps managers more effectively support their teams, along with a redesigned HR Outcomes Dashboard that lets employers identify and deploy data-driven performance-management strategies. The assistant, called Spark AI, is meant to be used by managers, employees and HR. Read More

Upwork Adds AI Capabilities, Educational Content to Platform
Upwork added AI-driven features to its platform, along with new educational content related to advanced technology. In addition, the company created a waitlist for access to its GPT-4 app currently in beta, Upwork Chat Pro. Read More

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