Our weekly roundup of deals, product announcements and other HR technology news.
Sense announced an integration with SmartRecruiters to provide source-to-hire capabilities. The integration will allow Sense to leverage SmartRecruiters’ hiring technology. The companies say their partnership will increase efficiency, streamline operations and grow revenue while maintaining personalized communications with candidates.
HR professionals saw double-digit declines in empathy with a 24-point gap between how HR and CEOs view empathy in each other, according to a recent report from Businesssolver. The study found that 68% of HR professionals view their CEO as empathetic, a 16-point decline from 2022 and the lowest levels ever reported. Yet, 92% of CEOs view their HR professionals as empathetic, a 27-point jump from 2022. In addition, 68% of HR professionals view their organization as empathetic, down 23 points since 2022.
Figures, a compensation benchmarking platform, launched Salary Bands, a tool that helps companies across the UK and Europe to promote pay fairness by defining clear and concise salary ranges across their entire organization. The bands give insight into how much a company is willing to pay for each job at a given level of execution, at different locations (if applicable), and are composed of multiple salary ranges. With it, the company hopes candidates and employees are more likely to understand and accept pay decisions.
Employee experience company Leena AI announced WorkLM, the company’s proprietary large language model which aims to produce human-like responses in context to “redefine” how employees engage with work. According to the company, the product can be used for a variety of tasks –from auto-completing email to generating detailed reports and recommending strategies based on existing business performance data.
Opus announced a $6.8 million funding round for its AI technology aimed at training frontline workers. The round was led by Stage 2 Capital. Existing investors including Gutter Capital, NextView Ventures and Bling Capital also participated in this funding round. The company said the funds will help confront the frontline worker shortage and accelerate its growth.
Workday named Zane Rowe as its new chief financial officer. According to the company, Rowe has more than 20 years of experience in finance, including his most recent role as CFO of VMware.
Last Week’s Top News
Beamery Enhances Platform to Improve Collaboration, Efficiency
Beamery added new features to its product suite designed to allow recruiters, sourcers and hiring managers to more effectively collaborate through a single system and streamline decision making around hiring. The company said its new Hiring Manager Experiences provide employers with an efficient and collaborative process throughout the life of a vacancy. Read more.
Qualtrics Adds Features to Pulse Employee Listening Tool
Qualtrics added capabilities to Qualtrics Pulse, its solution for frequent employee listening. The new features allow Pulse to automatically analyze and distribute employee feedback to leaders and managers so they can take more timely action, the company said. Qualtrics said the features free executives from having to rely on HR teams to manually share Pulse results. Read more.
Is the Great Resignation Over? More Employees Stay Put
Employers may get some relief from the tight labor market’s pressures as job opportunities decline, labor shortages abate and big pay increases for changing companies begin to slide. The Great Resignation is becoming a thing of the past, said ADP Chief Economist Nela Richardson. Now, we’ve a Big Stay. Read more.
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