Our weekly roundup of deals, product announcements and other HR technology news.
Willis Towers Watson entered into an agreement with HR analytics platform provider Syndio to create a solution designed to better enable organizations to address issues related to pay equity and fair pay. The product will combine WTW’s expertise in human capital advisory, data and software with Syndio’s technology, which based on a vetted methodology and aimed at eradicating pay disparities.
RigUp, which says it’s the energy industry’s largest marketplace for on-demand services and skilled labor, raised a $300 million Series D round led by Andreessen Horowitz. RigUp’s platform matches contract workers with energy companies operating in the upstream, renewables, midstream and downstream sectors. In 2019, the company expects to exceed $2 billion in gross service volume on its platform, more than a 200 percent increase from 2018.
In this week's #HRTech roundup: WTW partners with analytics firm Syndio to tackle pay disparity, RigUp closes $300M round. @WTWhr @RigUp #HR #HRTribe Click To TweetPDS upgraded its Vista HCM platform. The most notable enhancement are new features that allow increased interaction between employees across the organization. Other updates were made to the Vista Recruiting solution, in managing employment and payroll history data, and in modifying workflows.
Recruitment technology company Talenya completed a $6.5 million funding round led by Ibex Investors. The company plans to use the funds to expand its R&D and sales operations. Talenya develops bots that serve as “virtual recruiters” that gather information from hundreds of online sources.
meQuilibrium launched Collaborate, a machine learning HCM module that enables “active collaboration” between team members and managers. Collaborate integrates into meQuilibrium intelligence to address skill gaps, connect employees who need coaching with co-workers and supply people analytics to operational leaders.
Ascentis launched the NT8000 “smart” time clock. The device provides employees with access to their information when access to desktop computers or the HR office is limited, the company said. Additionally, it offers multi-language support as well as biometric and badge (proximity or HID) reader capabilities.
Last Week’s Top Stories
Optimize HR Tech to Meet Employee Needs, Now and in the Future
SilkRoad Technology’s Senior Vice President Asif Malik looks at best practices for optimizing current HR technologies while preparing to leverage them for your company’s future business needs. Read more.
Recognition Must Be ‘Strategic’ to Have Maximum Impact, Report Says
While the idea of engagement has inspired a wave of HCM tech products over the last several years, many employers approach their efforts with a tactical mindset rather than a strategic one. That can limit the positive impact engagement can have on business results. Read more.
Lattice Wasn’t Looking for Money. It Got $25 Million
Performance management platform Lattice closed a Series C round of $25 million, just after wrapping up what the company said was its strongest-ever quarter. The company wasn’t actively fundraising but was open to a “sizable capital infusion” led by Tiger Global Management. Read more.
Podcast: Vendors Personalize Learning as Training Budgets Increase
When it comes to training workers to cope with automation and AI, more employers are willing to spend real money. That should make learning platform providers happy. But what about workers? Listen here.
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