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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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Best enterprise HR software systems 

HiBob

Human resource (HR) leaders can use enterprise HR systems to keep operations running smoothly and ensure everyone stays engaged and organized through this growth. Organizations that prioritize their company culture see a 33 percent increase in revenue, so equipping your HR team with the right software sets them up for success.

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5 tech tools to power HR through the pandemic

HRExecutive

Advertisement Analyst Stacey Cadigan, a partner at the global technology research and advisory firm ISG, says the pandemic has reshaped HR priorities—in particular, technology is playing an even more vital role. Learn more about the latest HR tech at the HR Technology Conference & Exposition ® Sept. Register here.

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Industry experts break down the Ultimate-Kronos mega-merger

HRExecutive

and Ultimate Software recently announced they are soon to become one (the new entity’s name will be announced soon, according to the company), reactions were swift and varied to the projected $22 billion marriage. Image credit: Ultimate Software). billion company in HCM with a $1.5 When Kronos Inc. Jason Averbook.

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Technology?s role in recruitment

HRExecutive

As with many HR processes, technology can be a key enabler. Brianna Foulds, director of talent acquisition at HCM vendor Cornerstone OnDemand Inc. which recently acquired rival software-maker Saba for $1.4 Companies that can demonstrate that they “have it together”—i.e., Michele Mavi.

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The Top 5 Employee Engagement Challenges That Government Agencies Face

Cornerstone On Demand

In light of this culture, HCM leaders must seek out innovative tools and leverage creative strategies such as incorporating job rotations, flexible work arrangements or mentorship programs to increase engagement and provide continuous training and development.

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HR tech Number of the Day: recruiting tech

HRExecutive

Advertisement With those shifts on the horizon, it’s no wonder that technology will play an increasingly central role in the recruitment and hiring process. based leaders. saying their organization does not have an HCM solution, despite three-quarters of U.S.