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Here’s what you need to know to be just a little smarter this week if you decide to talk to co-workers….
- Monster and CareerBuilder Merger: Monster and CareerBuilder are merging, forming a significant player in the job advertising market. This defensive move aims to create scale but might not drive innovation in the industry.
- H.I.G. Growth Acquires Mobile Health: H.I.G. Growth Partners' acquisition of Mobile Health signals a shift towards proactive health management, potentially redefining corporate wellness strategies.
- Phenom Enhances Onboarding with Tydy Acquisition: Phenom acquires Tydy to enhance onboarding experiences, shifting focus from IT-led to personalized, HR-driven processes, improving pre-boarding and onboarding engagement.
- ADP National Employment Report: ADP's June report shows private sector job growth slowing, with annual pay up 4.9%. Inflation and stagnant job growth signal potential political shifts in the upcoming elections.
- 2024 US Workforce Trends Report by Gallagher: Gallagher's 2024 report shows rising healthcare costs and stabilizing turnover. Key insight: Half of companies plan to enhance HR tech by 2026.
- National University AI Job Posting Analysis: National University's analysis reveals that 75% of AI jobs prefer a Master's degree, seek mid-level experience, and offer limited remote work. Top skills: technical expertise, management, and communication.
- Using AI at Work Makes Us Lonelier and Less Healthy: AI in the workplace increases loneliness and reduces health, highlighting the need for managers to prioritize employee well-being and social cohesion over pure productivity.
- Gen X Retirement Struggles: A survey shows 60% of Gen X fears working into their late 70s, with 47% doubting retirement goals. Financial crises, inflation, and the shift from pensions to 401(k)s are major challenges.
- SmartHR Secures $140M Series E: SmartHR raises $140M led by KKR, emphasizing the trend of cross-border investments in HR tech, similar to Deel and Oyster.
- Creatio Raises $200M: Creatio raises $200M, showcasing ongoing innovation in CRM and workflow automation through its AI-powered no-code platform.
- H1 2024 Work Tech Investment Hits $2.22B: Global Work Tech investment reaches $2.22B in H1 2024, marking a 43% increase from H2 2023 and echoing pre-2021 levels, signaling resilience and growth.
- Pepul Secures $4M: Pepul secures $4M to evolve into a dynamic social app for career development, targeting Gen Z with a clean and positive approach.