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

Lighthouse

Hiring is always big on VC funding and M&A activity, but the demand from employers was off the charts for any tool that could help them source better, screen faster, or hire more intelligently. Hiring was THE trend of Q1-Q3 2022 : because of the priority on hiring over the last year, there’s more volume in that area than any other.

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Boese: 3 HR technologies that can help employers struggling to hire

HRExecutive

Several resources, including those from Salary.com, Payscale and Glassdoor, can help even the smallest organization get a feel for market rates for certain roles in specific areas. This data can reveal obvious outliers in your offers and help you to better craft competitive salary/wage and benefits packages.

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Tech is changing the game for compensation managers

HR Brew

Payscale has seen increased demand for its products specifically in response to pay transparency laws, said Ruth Thomas, the company’s chief evangelist and pay equity strategist. The software Payscale allows employers to access a range of market data in order to determine a competitive pay range for the jobs they advertise.

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

Advos

PayScale Announces Majority Growth Investment from Francisco Partners at an Enterprise Value of $325 Million. American companies continue to build surveillance tools that are used to violate human rights. Robot-recruiter that will read your face in a job interview, VCV raises $1.5 Workspend Acquires DCR Workforce’s MSP Business.

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Talent Acquisition

Analytics in HR

A great tool is a 30-60-90 day plan for new hires, which is helpful to both employees and managers. According to Payscale , the average US salary for a Talent Acquisition Specialist is $60,616/year, while someone in New York can expect an average salary of $72,610/year. Get the details What is a Talent Acquisition Specialist?

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What Is Human Resources?

Analytics in HR

Get the details The HR Value Chain: An Essential tool for Adding Value to HR Human Resources examples What does the Human Resources function look like in practice? Meanwhile, PayScale reports the average annual salary of HR Generalists to be $73,207 in New York and $61,899 in Dallas, Texas. The average income also depends on location.

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Chief Talent Officer: Everything To Know About This Role

Analytics in HR

Meanwhile, on Payscale , the average annual salary of chief talent officers in Chicago is $185,850, while their New York HR specialist colleagues receive $207,009 annually. The average pay also varies based on location. How to become a chief talent officer 1. HR professionals are good at collecting employee and candidate data.