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Paychex, Inc. Reports Second Quarter and Mid-year Fiscal 2024 Results
Paychex, Inc.'s Fiscal 2024 mid-year report impresses with a 6% revenue increase to $1.2579B in Q2 and $2.5439B for 6 months. Operating income rose 7% to $506.2M in Q2, while diluted EPS soared 9% to $1.08. Growth driven by 4% rise in Management Solutions ($930.7M) and 8% in PEO/Insurance Solutions
Dec 21, 2023
Product News
Aon’s $13.4 Billion Gamble: Acquiring NFP to Dominate the Middle Market
Expands Aon's presence in large and fast-growing middle-market segment, with opportunity to enhance distribution through the firm's Aon Business Services platform to deliver more value to clients Brings together two cultures with a shared commitment to client excellence, colleague opportunity
Dec 20, 2023
Product News
Quantum Workplace Acquires TalentKeepers
Quantum Workplace, a renowned employee success platform and partner in the Best Places to Work Programs, has acquired TalentKeepers, known for its employee engagement and retention solutions. This acquisition combines Quantum Workplace's employee success technology, which aids HR teams in leveraging
Dec 14, 2023
Product News
Oyster Unveils SAGE: The Future of Global Employment Automation
Low-code platform SAGE “softwarizes” knowledge, automating the entire employment lifecycle SAGE powers Oyster Intelligence, ensuring compliant and competitive employment across 180 countries Oyster's new platform, SAGE, revolutionizes global employment by offering a low-code solution that au
Dec 14, 2023
Product News
Upwork Study Finds 64 Million Americans Freelanced in 2023, Adding $1.27 Trillion to U.S. Economy
The "Freelance Forward: 2023" report by Upwork reveals a significant shift in the U.S. labor market towards freelancing. With 64 million Americans, or 38% of the workforce, now freelancing, the sector contributes $1.27 trillion annually to the economy. The study highlights increased use of generativ
Dec 12, 2023
Product News
Checkr's Strategic Expansion: Launching Pay and Onboard for Enhanced Flexible Workforce Management Beyond Background Checks
Checkr, a leading HR technology company, has announced a significant expansion with the introduction of Checkr Pay and Checkr Onboard. These innovative solutions are designed to streamline payment and onboarding processes for the rapidly growing flexible and mobile-first workforce. Checkr Pay, led b
Dec 12, 2023
Product News
Yellow.ai Announces Listing of its Generative AI-powered Voicebots and Chatbots on Zendesk Marketplace
The listing will enable enterprises to deliver human-like experiences through Yellow.ai's Dynamic Automation Platform (DAP), leading to 60 percent reduction in operational costs. SAN MATEO, Calif., Dec. 12, 2023 Yellow.ai, a global leader in Conversational AI, today announced their partner
Dec 12, 2023
Product News
Recruitment Trends 2024: Maximizing Opportunities for Recruiters and Sourcers
This article delves into the key recruitment trends anticipated for 2024, emphasizing the growing significance of technology and data-driven approaches in the field. It underlines the increasing reliance on AI and automation for streamlining recruitment processes. The article also stresses the impor
Dec 7, 2023
Product News
ADP National Employment Report: Private Sector Employment Increased by 103,000 Jobs in November; Annual Pay was Up 5.6%
ROSELAND, N.J., Dec. 6, 2023 Private sector employment increased by 103,000 jobs in November and annual pay was up 5.6 percent year-over-year, according to the November ADP® National Employment Report™ produced by the ADP Research Institute® in collaboration with the Stanford Digital E
Dec 6, 2023
Product News
Workleap acquires US-based Pingboard, an employee experience SaaS company recognized for its industry-leading org chart and employee directory capabilities
After receiving a $125M CAD investment from CDPQ, Workleap made an acquisition to accelerate its growth strategy, increase market share and broaden product offerings. MONTREAL, Dec. 6, 2023  Workleap, a leading software company behind products that improve the employee experience for 20,000
Dec 6, 2023
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