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2024 HR Tech M&A Activity: A Year of Resilience and Growth

Lighthouse

One of my favorite activities every year is pulling together some of the insights of the previous year to highlight, and we’re already seeing 2025 movement right out of the gate with the Paychex acquisition of Paycor just announced. Looks like an exciting year ahead! 2) Employers look to providers for expertise, not just product.

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Best enterprise HR software systems 

HiBob

HiBob HR leaders use HiBob’s powerful enterprise HR software, Bob , to manage all aspects of the employee lifecycle —from recruitment to retirement—within a single, user-friendly platform. Prospective users are encouraged to conduct their own research to make the best decision for their organization.

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M&A Friday! This Week’s HR Deals

Advos

Blueprint Income, a NYC-based Digital Retirement Plan, Raises $2.75M in Seed Funding. Paychex Acquires Lessor Group. Questis Releases Article Exploring Origins of the 401(k) and Its Role in Today’s Retirement Crisis. ZenBusiness raises $4.5m to help launch one million small businesses by 2023. ChronWell Raises $4.5M

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Money matters: Is financial wellness tech the hottest employee perk of 2025?

HRExecutive

Additionally, at HR Tech last year, Paychex announced the launch of Paychex Flex Perks, a solution offering voluntary benefits like earned wage access, pet insurance and financial wellness. In September 2024, a partnership with Workday enabled integration of Rain’s earned wage experience with Workday’s HCM system.

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10 Best HR Outsourcing Services & Companies in 2024

HR Lineup

Paychex Paychex is another top HR outsourcing provider, focusing on providing scalable HR solutions for small to mid-sized businesses. Their user-friendly platform and extensive range of services make them a popular choice for companies looking to simplify their HR processes.

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What Is The Average Employee Retention Rate by Industry? [2021 Update]

DailyPay

The separation rate includes employees who voluntarily quit a position, layoffs, retirements, and discharges. Historically, government jobs come with pensions and clear retirement paths, which may contribute to a notoriously lower turnover sector. In other words, 15.1% of the total U.S. workforce left their job in 2016.

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Best HR software for small business

HiBob

HiBob Small business leaders use HiBob’s HR software, Bob , to manage every aspect of the employee lifecycle from recruitment to retirement. Paychex Paychex ’s HR solution, Paychex Flex, simplifies payroll processing, tax filing, and benefit administration.