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2022 Was Another Record Year for HR Tech: See 20+ M&A Activities that Shaped the Market

Lighthouse

When you juxtapose that with the fact that 2021 was the biggest year ever for the HR technology market in terms of investment, we just couldn’t go without sharing the biggest pieces of the last 12 months and highlighting a few of the notable 2022 transactions for their specific value. Key 2022 HR Technology Mergers and Acquisitions.

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Algorithmic Management in Organizations: Benefits, Challenges, and Best Practices

AIHR

For example, platforms like Uber, Deliveroo & UpWork manage and closely monitor their global workforce with algorithms. Cowgill, 2019). In fact, 40% of HR departments in international companies use AI-based tools. The algorithms screen CVs and match applicants to positions.

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Hire Better Talent: Start Identifying Recruitment Needs in Your Company

Peoplebox

It’s followed by developing a talent strategy, screening and selecting candidates for job openings, finalizing and presenting a job offer, and integrating the new hire into the company. Candidates have access to several job boards and social media platforms where they can instantly apply and get interviews.

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What Are Some Examples of Recruitment Strategies

ExactHire

These days just about all organizations have an online presence and most utilize social media platforms to engage with customers and launch marketing campaigns. Social media is a great tool to proactively source candidates and a good strategy in nurturing a passive applicant pool. Selection Process.

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M&A Friday! This Week’s HR Deals and Trending #HotInHR News

Advos

Examity raises $90 million for online proctoring platform for employers and colleges that thwarts exam cheats. A Cloud Guru raises $33M growth equity round to scale its leading online cloud training platform for enterprises and cloud professionals. million investment in contractor engagement platform Sense. GV leads $13.5

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M&A Friday! This Week’s HR Deals and Trending #HotInHR News

Advos

a Cloud-based Work Management System (WMS) Powering the Gig Economy, Raises 11 Million in Series A Funding. Career Pathing Platform Landit Raises $13M in Series A Funding. Sapling, an employee management and on-boarding platform, lands $4 million in seed funding. from BGF analytical, forecasting and modelling software solutions.

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Embracing the Contingent Workforce: Optimized Hiring Processes Ease the Transition

Sterling Check

Given this trend’s momentum, and the fact that the technology industry has been so enthusiastic in its embrace of contingent work, now both freelance and contract-based positions seem poised to become the new mainstays of an increasingly modernized workforce. Challenges and Solutions. Leveraging diverse skillsets.