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        Oracle has introduced new employee recognition and rewards features within Oracle Fusion Cloud HCM through a product called Oracle Celebrate.
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        Celebrate aims to enhance the employee experience and align with organizational values by incorporating a GenAI assistant, facilitating recognition programs, and integrating data across the employee experience platform.
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        Oracle claims that the key benefits of using Oracle Celebrate include making employee recognition easy, meaningful, and inclusive. It empowers HR and business leaders to prioritize employee appreciation, boost engagement, and motivate the workforce effectively.
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    <a href="https://www.hcmtechnologyreport.com/new-oracle-celebrate-adds-recognition-and-rewards-to-oracle-me/">
      HCM Technology Report
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Remote Work Infrastructure

INCUMBENTS_PRESENT

PROMINENT_CATEGORY

Oracle has launched a new product called Oracle Celebrate, which aims to improve employee recognition and rewards within Oracle Fusion Cloud HCM. Celebrate includes features such as a GenAI assistant, recognition programs, and data integration. The goal is to enhance the employee experience and align with organizational values. Oracle claims that using Celebrate makes employee recognition easy, meaningful, and inclusive. It allows HR and business leaders to prioritize employee appreciation, boost engagement, and effectively motivate the workforce.

Oracle launches new employee and reward features to improve employee experience

DISRUPTOR_PRESENT

Simpplr, a digital workplace solutions provider, has acquired Socrates.ai, an AI-based virtual employee assistant, to improve the employee experience. Socrates.ai offers a conversational interface that provides centralized HR and IT information using GenAI technology. Simpplr plans to integrate Socrates.ai into its platform to streamline self-service, improve communication, and increase employee productivity by simplifying tasks and reducing information overload.

Simpplr acquires Socrates.ai to improve employee experience solutions

Remote has introduced its Global HR Platform, offering a range of features to facilitate hiring and managing remote workers. The platform includes Remote HRIS, talent management, time tracking, and payroll capabilities. It also allows HR managers to assess hiring costs in various locations and ensures compliance with benefits and equity offerings. Remote asserts that its Global HR Platform can streamline the onboarding process for candidates in different countries and simplify global expansion for companies.

Remote launches HR platform to support employers with global onboarding

HiBob, an Israeli HR management platform, has raised $150 million in funding. The round was led by Farallon Capital, with participation from Alpha Wave Global and existing investors. The company plans to use the funds to invest in its products, potentially make acquisitions, and collaborate with new partners. HiBob's platform, known as Bob, is used by companies globally for HR management, including tasks such as hiring, talent retention, and employee engagement. Some of the company's clients include Yotpo, Monzo, and Kustomer.

HiBob raises USD 150 million for further product development and expansion

HR tech startup Kenjo has raised €8.8 million in a Series A funding round led by Hi Inov. The funds will be used to enhance Kenjo's HR software, support HR managers in improving company culture and employee development, and expand its presence throughout Europe and the south of Europe and into the LATAM region. Kenjo's all-in-one HR software optimizes various HR processes, such as time tracking, holiday management, shift planning, payroll, data analysis, and performance evaluations.

Kenjo raises EUR 8.8 million to improve product offerings and geographical presence

Klaar, an HR tech platform, has raised $800,000 in a seed funding round led by Veda VC. The funding will be utilized to improve the platform and expand the sales team in order to grow their customer base globally. Established in 2022, Klaar's aim is to streamline HR processes and it already has clients including Philips and Urban Company.

Klaar raises USD 800,000 to streamline platform and for global expansion

Papaya Global has launched a new solution to help organizations manage US payroll regulations. The solution uses AI technology to streamline payroll and payment processes, ensuring compliance. It addresses complex state and local labor laws and tax regulations, offering a comprehensive solution for US payroll complexities. Papaya Global also integrates with HR and payroll industry solutions to provide tools for diverse workforce management scenarios.

Papaya Global launches ‘made to measure solution’ to improve US payroll capabilities

HiBob and Papaya Global are partnering to integrate their HR and payroll platforms. This integration will allow multinational companies to synchronize data and seamlessly integrate HR, PTO, and compensation information in real-time. The aim is to reduce administrative work, eliminate manual entry errors, and comply with local regulations.

Papaya Global partners with HiBob to streamline HR-integrated payroll solutions

London-based HR tech startup Koios has secured $550,000 in pre-seed funding led by Seedcamp, with participation from Evolvient Capital and undisclosed angel investors. The funds will be used to launch the platform in September and continue its development. Koios, founded by individuals with experience at Spotify, Snap Inc., and QuantCo, has created workplace engagement solutions that focus on coaching and personnel development. The platform utilizes voice-driven AI algorithms to provide personality insights for improved team collaboration, enhancing organizational communication and motivation.

Koios raises USD 550,000 in pre-seed funding to launch platform in September

Oyster has launched Pearl, an AI-powered chatbot that helps users navigate global hiring and remote work regulations. Pearl provides personalized responses to inquiries related to compliance, benefits, taxes, and other aspects of global employment in over 180 countries. The chatbot aims to streamline the process of obtaining information and enhance decision-making for distributed teams. Oyster plans to expand Pearl's functionality by incorporating its own global employment data and insights from "The Reef," an open-source guide for building distributed teams.

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