Roundup: WorkForce Becomes Oracle Partner; Cornerstone Funds Gig Platform

News Roundup

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

WorkForce Software became an Oracle HCM Cloud preferred partner. The company said customers could see performance improvements of 30 percent or more when measuring traditional co-location facilities. Last week, WorkForce released a new user experience that pushes notifications to managers and employees.

Cornerstone OnDemand joined a $3.5 million funding round of Ubeya, a startup that provides gig-worker sourcing, management and payment solutions to employers in a variety of industries. Led by ICV VC, the round brings the company’s total venture capital raised to date to $5 million.

In this week's #HRTech roundup: WorkForce Software joins Oracle HCM's partner network; Cornerstone OnDemand in round for gig platform. #HR #HRTribe Share on X

Payroll service provider OnPay completed a $6 million Series A round. Last year, the company became a Xero certified app partner released a complete set of HR tools.

Some 58 percent of full- and part-time employees say they’re unlikely to look for a job this year, but 69 percent hope to earn a raise while 42 percent want to learn new skills in their current position, according to Monster’s State of the Candidate survey. Meanwhile, 60 percent are worried about the economy, and 35 percent fear a recession could place their job in jeopardy.  

Fifty-two percent of gig workers plan to take on more assignments during 2020, according to a survey by PeopleReady. Twenty-four percent say they’ll take fewer assignments and another 24 percent anticipate no change.

McDonald’s launched an Archways to Careers app, which offers real-time career advice in an effort to help employees plan their next steps.  Created with the Council for Adult and Experiential Learning and the coaching organization InsideTrack, the app connects restaurant employees to career advisors.

Recruitics added Bruce Carey as creative director and launched a new web site.  Last year, the company acquired KRT Marketing, a full-service recruitment marketing agency.

Private equity firm Huron Capital hired Julia Kellogg as a partner to oversee all activities related to HCM. She’ll work with executives and HR leaders at Huron’s portfolio companies to develop and execute business strategies. Previously, she was chief people officer at North American Bancard Holdings.

Recruiting platform StaffBot promoted Shelly Doering to vice president of solutions. She had been the company’s senior director of transformation. In her new role, Doering will drive all StaffBot solutions and spearhead strategic initiatives, including product improvements.

Last Week’s Top Stories

5 Best Practices for Getting Your Team to Adopt New HR Technology

Investing in new HR technology is exciting—but driving adoption among team members can quickly take the wind out of the sails of even its biggest supporters. Luckily, this doesn’t have to be the case if the right people are involved from the start. Read more.

HR Leaders: We Need More Support to Prepare for the Future

HR leaders say their C suites aren’t providing the money and resources they need to keep up with the changing nature of their role. Yet at the same time, CEOs give HR more credit for moving forward than many CHROs do. Read more.

Security, Transformation Concerns Grow With Remote Work

Could employers’ increasing use of remote workers collide with their security concerns and transformation efforts? New research suggests that it might. Read more.

Podcast: What 2019’s Top Stories Mean Say About 2020

Before we can predict what will happen in 2020, we have to consider what did occur during 2019. So instead of pulling out our crystal ball, let’s look back at how HCM technology’s landscape changed over the last 12 months. Listen here.

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