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20+ High Impact HR Technology Acquisitions, Mergers, and More from 2020

Lighthouse

In 2020, in spite of the pandemic-related shutdowns and other business impacts, the HR technology industry was within a few M&A deals of the 2019 numbers we were tracking (approximately 50). Global Expansion: Several key acquisitions linked to opening up new customer segments in different areas of the world, enabling faster future growth.

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20 Ways Artificial Intelligence Can Turbocharge Your Enterprise: From HR Strategies to Operational Optimizations 

MP Wired For HR

AI-powered recruitment platforms scan resumes with remarkable precision, identify high-potential talent, and even automate interview scheduling, freeing your HR team to focus on strategic talent acquisition initiatives. Unbiased Interviewing: Nervous interviewees and subjective assessments are relegated to the past.

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4 reasons global HR tech investment is surging in 2021

HRExecutive

2020 brought the pandemic and all of the uncertainty that came with it. 2020 saw another $5 billion invested globally in HR technology. 2020 saw another $5 billion invested globally in HR technology. Investors tapped their brakes during mid-2020 and then came roaring back in Q4. Then came 2021. It didn’t.

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Top HR Challenges Found in HR Dive’s 2022 Identity of HR Report

Extensis

According to the data, HR service vendor use increased in nearly every category: Payroll services jumped 15% year-over-year (from 53% of respondents using the services in 2021 to 61% this year). Interestingly, small businesses with HR departments with a headcount between one and five employees were more likely to use payroll vendors.

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Understanding the Ecosystem of Managed Direct Sourcing Suppliers

LiveHire

In April 2021, 4 million US workers quit their jobs and there were over 9 million open roles that companies were unable to fill. Your preferred staffing partner manages and curates your Talent Cloud to create role-specific Talent Pools for rapid sourcing at a reduced rate. Payroll Partners. Staffing Partners. Absolutely.

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Staffing Firms Among the Many Industries to Adopt AI by 2021

FingerCheck

The dominance of AI in the talent acquisition and recruiting industry will gain momentum in 2020 – that’s according to a new global survey. According to the survey, two thirds of all staffing firms polled, will adopt AI-powered applicant tracking systems (ATS) by the end of 2020.

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2023’s HR Revolution: A Seismic Shift in the Workplace Landscape 

MP Wired For HR

This wasn’t just about optics; it necessitated HR professionals to re-evaluate compensation strategies, talent acquisition models, and operational costs in low-wage sectors. Pay Equity Transparency: Lifting the Veil: The conversation surrounding pay equity graduated from hushed boardrooms to public discourse.