Technology giant Oracle is making a big move into the HR software sector.
Today, Oracle announced a that it had “scooped up human-resources software maker Taleo,” as Fox Business put it, “in a $1.9 billion transaction that underscores the growing demand for cloud-related companies.”
Oracle agreed to pay $46 a share for Dublin, Cailf.-based Taleo, representing a 18 percent premium over the company’s Thursday closing share price of $38.94. Read more…
Editor’s note: The TLNT Radio Show is a weekly podcast where we talk to the top minds in HR and talent management. New episodes are posted here every week. Make sure you subscribe to TLNT and get our daily newsletter for the latest, or subscribe to our podcast in iTunes to automatically get updates.
Employee engagement has been the buzzword that has dominated HR for the last five years. With so much focus on the topic though, there seems to still be confusion on how to get the most out of your workforce through engagement.
One solution that is looked to is technology. How much can it really help though?
By Eric B. Meyer
Warning: Humblebrag alert.
Reporters call me all the time. It’s a wonder that I can get any work done.
Why, just last week, I was speaking to a reporter about an action recently initiated by current and former employees of the Food and Drug Administration (FDA), alleging that the agency unlawfully monitored their private emails. During our discussion, I mentioned another case — this one called Stengart v. Loving Care Agency — in which the New Jersey Supreme Court held that an employee who emails her attorney from a company computer may have a reasonable expectation of privacy in those emails provided that the employee uses a password-protected web-based email account.
Ah, serendipity! The following day, I read about another case decided last week in which the New Jersey Superior Court reaffirmed that many employee emails are not private. More on this case and a best practice for employers after the jump… Read more…
Recruiting does not need to be difficult. But, in most cases, it is.
According to Aberdeen’s 2011 Talent Acquisition Lifecycle report, even the most sophisticated recruiting departments face numerous pressures including increased competition for top talent (52 percent), shortage of key skills (49 percent), and ability to meet company’s goals (49 percent).
Despite a growing talent pool, organizations still struggle to find the right fit. As a result, talent acquisition departments are reconsidering current strategies and technology options in order to create more efficiencies and a positive candidate experience. Read more…
Dear Sir/Madam,
We may not have met, but I’ve got your back. I’m on your side when it comes to using effective HRM practices and business rules to drive improved business outcomes in your organization.
I know how hard it is to draw those lines of sight from needed business outcomes, like faster time to market, lower costs of higher quality customer service, greater insight into customer profitability by market segments, and greater organizational capability to support global growth, to the specifics of what HR does to improve HRM. And I know absolutely that information technology is not the answer but rather just one of the critical tools in your arsenal when it comes to attacking your toughest challenges. Read more…
HR talent software vendor iCIMS has a new business partner and $35 million to spend on expansion. The company announced this morning that private equity fund Susquehanna Growth Equity has taken a minority stake in the firm.
“The company,” says today’s announcement, “plans to significantly increase investments in marketing, product development, and additional acquisitions that will further accelerate the organization’s rapid growth and expansion plans.”
Founded in 1999 by its CEO Colin Day, iCIMS offers SaaS-based talent acquisition, onboarding, performance and talent management tools. The company has made the Inc. 5000 list of fastest growing companies for six consecutive years, finishing 2010 with revenue of $25.6 million (2011 rankings won’t be released until later this year). Read more…
Thinking of heading to the cloud in 2012? Everyone seems to be, including some of the biggest HR vendors in the world.
Just a few weeks ago, when SAP snapped up SuccessFactors, the buzz was all about the cloud. A similar buzz ensued when Oracle bought RightNow Technologies.
Even though Wall Street reacted to the SAP/SuccessFactors deal as if the cloud had just been discovered, the reality is cloud computing has been around almost as long as the Internet itself. What the excitement is about is how HR software services are delivered, and the big deal is that increasingly, companies aren’t buying systems, they’re licensing seats.
For HR, that means SaaS. SaaS, the acronym for software-as-a-service, is the type of cloud computing with which HR professionals are most familiar. Yet, like the cloud itself, SaaS has about as many different flavors as there are vendors offering it. Read more…
To Our Readers: This week, TLNT is continuing our annual tradition by counting down the 30 most popular and well-read posts of this past year. This is No. 16. Our regular content will return on Monday January 2, 2012.
********************************
This is the time when we not only start to review the trends and events of the past year, but also when we gaze into our crystal ball and try to get a fix on what might be out there in front of us in the year to come.
Since my own prognosticating abilities aren’t always so good, I like to sort through what various experts and analysts are predicting instead. That’s why I always look forward to what the folks at Bersin & Associates have to say in their forecast of the year to come. Read more…
This past weekend, the talent management systems market reached an inflection point.
SAP acquired SuccessFactors, a leading provider of cloud-based recruiting, performance, learning and workforce planning solutions. Although market consolidation has become the standard in talent management technology, this acquisition permanently changes the landscape for both end users and solution providers.
At a price of $3.4 billion and $40 a share, this acquisition may be considered a risky investment. Yet, SuccessFactors’ 15 million users will undoubtedly bring SAP tremendous growth (including former customers such as Siemens) especially during a time when the demand for SaaS ERPs is skyrocketing. The next leader in HR technology has clearly been established and the rest of the market needs to respond in a big way. Read more…
Editor’s note: The TLNT Radio show is a weekly podcast where we talk to the top minds in talent management. New episodes are posted here at TLNT every week. Make sure you subscribe to TLNT and get our daily newsletter for the latest, or subscribe to our podcast in iTunes to automatically get updates.
It’s our first podcast in December and as we typically do, we start looking ahead and anticipating what’s coming next in the new year.
One of the biggest topics we are hearing about are in the areas of collaboration, both virtual and mobile. The workforce continues it’s march forward, unabated by the lingering recession. And that’s not going to stop any time soon.
“Please Join: http://groups.yahoo.com/group/EmpoweringPeoplePower http://www.linkedin.com/groups/Whizible-Advance-Service-Management-Beyond-4082706”
— Sajal Ghosh on Hitting a Home Run in Talent Management: The Key is HR Analytics, 56 minutes ago
“Great advice on how to do networking correctly. thank you.”
— Exec Career Svcs on Authentic Networking: How You Can Build Your Extra “Team”, 2 days ago
“I like this. I see discussions on LinkedIn from time to time saying that Texas ranks #1 in creating jobs. What . . . ”
— Jacque Vilet on Weekly Wrap: Does it Every Pay For Someone to Fib on a Resume?, 2 days ago
“agreed”
— Carol Schultz on When You Reward, Make It About the Employee – Not the Employer, 2 days ago
“agreed”
— Carol Schultz on When You Reward, Make It About the Employee – Not the Employer, 2 days ago