Tag Archives: ticker

Bits Don’t Byte: HR Finds Artificial Intelligence a Positive Evolution

Over the last quarter century, advances in technology have dramatically impacted how business is conducted—and talent acquisition has not escaped the wave of transformation.

Initially, recruiters viewed job boards with trepidation, but a decade later, they were as tried and true as the newspaper ads that predated them.  Social media followed, with LinkedIn becoming the dominant player for sourcing.

Now, recruiters are looking to artificial intelligence (AI) to drive the latest evolution in talent acquisition and management.  A tool already being employed by organizations for customer service and marketing, the role of AI will continue to evolve, bringing automation and standardization.

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Credential Check Corporation acquires United States Homeland Investigations Inc.

Troy, MI – April 13, 2018 – CredentialCheck is pleased to announce the acquisition of United States Homeland Investigations Inc., a Washington D.C. based consumer reporting agency, effective April 1, 2018. CredentialCheck and USHII share a common goal of ensuring safe workplaces through employment background screening, making the acquisition a true merger of values as well.

“This is a very exciting time for CredentialCheck. As a leading CRA, we value the long-term partnerships we build with our clients and look forward to sharing those same principles that drive our everyday,” said Nicole Kiefer, executive vice president and chief operating officer of CredentialCheck.

About CredentialCheck

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Global Unemployment Report: Q4 2017

To explore international labor markets, companies must first consult global labor market data. This much-anticipated quarterly report compiles current international labor market figures from countries around the world, including measures like national Gross Domestic Product and unemployment rates, and tracks them over time.

This report also contains a section on the five developed nations most deeply impacted by chronic unemployment.  Further insight into the challenges these countries face and the underlying causes of their struggles with high unemployment rates are explored.

 

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2018 Baker’s Dozen Customer Satisfaction Ratings: Relocation

HRO Today Baker's Dozen

We rank the top providers based on customer satisfaction surveys.

By The Editors

HRO Today’s Baker’s Dozen Customer Satisfaction Ratings are based solely on feedback from buyers of the rated services; the ratings are not based on the opinion of the HRO Today staff. We collect feedback annually through an online survey which we distribute to buyers directly through our own mailing lists and indirectly through service providers.

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HRO Today Releases Worker Confidence Index Study Annual Report for 2017

HRO Today Releases Worker Confidence Index Study Annual Report for 2017
Worker Job Security and Trust in Leadership Wavering

Philadelphia, PA – March 8, 2018 – HRO Today announced that it released its Worker Confidence Index Study annual report for 2017.

In this study, the Worker Confidence Index (WCI) reports a decrease of 0.7 points since last quarter and 1.3 points since last year.  It now stands at 103.2 after increasing for the past two consecutive quarters.

Of the four components of the WCI, trust in company leadership rose by 3.2 points, while there was a 2.5 percent decline in confidence related to job security.

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Paychex Acquires Lessor Group

Acquisition of leading SaaS payroll and HR provider based in Denmark advances Paychex’s international growth

ROCHESTER, NY – March 1, 2018 – Paychex, Inc., a leading provider of integrated human capital management solutions for small- to medium-sized businesses, today announced the acquisition of Lessor Group (Lessor), a market-leading provider of payroll and human capital management (HCM) software solutions headquartered in Denmark and serving clients in Northern Europe. Lessor provides services under two models – a SaaS and on-premise suite through its Lessor platform and Microsoft Dynamics; and a do-it-yourself, cloud-based platform branded as Danløn in Denmark and delivered under the following brands in other parts of Europe: Ilohngehalt (Germany), Norlønn (Norway), and Swelön (Sweden).

“Paychex’s international strategy has been to grow in Europe, beyond our Germany operation. This acquisition gives us significant client and revenue growth opportunities, and it will deliver value for business owners that helps make it easier for them to be efficient and compliant,” says Martin Mucci, Paychex president and CEO. “Our two organizations share a commitment to businesses in the markets we serve, and the combination of Lessor’s payroll and HCM software products and Paychex’s full-service BPO service bureau capabilities will provide a complete technology-enabled services platform in our markets.”

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The Worker Confidence Study – Annual Report 2017

The Worker Confidence Index (WCI) decreased by 0.7 points since last quarter and 1.3 points since last year. It now stands at 103.2 after increasing for the past two consecutive quarters.

Of the four components of the WCI, trust in company leadership rose by 3.2 points, while there was a 2.5 percent decline in confidence related to job security.

The decline in the WCI since last year suggests some concerns in worker confidence, specifically related to trust in company leadership – which experienced a significant drop of 3.6 points since the fourth quarter of 2016. Recent volatility in the stock market may contribute to lower worker confidence in 2018, but for now, confidence remains high overall.

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Yoh Acquires Maxsys Solutions, LLC, a Texas-Based Recruitment Firm Specializing in IT, Finance and Accounting

Acquisition Addresses Ongoing Need for Recruiting Support for Difficult-to-Find, Skilled Talent

PHILADELPHIA, PA – February 28th, 2018 – Yoh, a leading international talent and outsourcing company and part of Day & Zimmermann, announced today the acquisition of Maxsys Solutions, LLC, a Frisco, Texas-based specialty IT recruitment firm. The transaction includes Maxsys Financial Solutions, LLC, a separate finance and accounting brand. The acquisition expands Yoh’s IT specialty staffing practice area and addresses the demand from businesses of all sizes for flexible, on-demand and sustained recruiting for skilled professionals. The transaction closed on February 23, 2018; terms were not disclosed. Duff & Phelps served as the exclusive financial advisor to Maxsys Solutions on this transaction.

“Technology companies large and small continue to struggle finding highly-skilled IT, Application Development, Project Management, and Finance and Accounting professionals to meet their critical talent needs in today’s fast-moving business landscape. This acquisition is a reinforcement of our commitment to providing focused recruiting solutions to our clients,” said Emmett McGrath, President of Yoh. “Maxsys is a strong addition to our national IT recruiting practice and will allow us to deliver top IT talent to more of our customers.”

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2018 Baker’s Dozen Ranking: Talent Management Technology

HRO Today Baker's Dozen

We rank the top providers based on customer satisfaction surveys.

By The Editors

HRO Today’s Baker’s Dozen Customer Satisfaction Ratings are based solely on feedback from buyers of the rated services; the ratings are not based on the opinion of the HRO Today staff. We collect feedback annually through an online survey, which we distribute both directly to buyers through our own mailing lists and indirectly by sending service providers the link to send to their clients.

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HRO Today Launches First HRO Today Services and Technology Association Summit

Winners of the Annual North America Association Awards will be Announced

Philadelphia, PA – January 30, 2018 – HRO Today, a leading publication in the HR industry, has announced the launch of its first HRO Today Services and Technology Association Summit – a conference and training retreat for HR services and technology providers, analysts and practitioners working in or with a services partner.

This event will take place October 17-18, 2018, at the Union League in Philadelphia, Pennsylvania, with the theme of “The Greatest HR Association Show on Earth.”

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