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As tech platforms jockey to run the complete employee experience, what will emerge as the critical differentiator in the eyes (and budgets) of HR buyers?
The biggest players are trying to answer that question, and it appears that some are betting that major partnerships will set them apart. Last week, several leading HR tech companies made bold moves, offering early clues about the industry’s priorities and what HR teams can expect from the market.
Workday announced its plan to acquire AI hiring solution Paradox, while Chime has partnered with Workday as a financial benefits partner for Workday Wellness. Similarly, earlier this month, SAP announced it’s intention to buy SmartRecruiters, integrating its AI-driven recruiting and workforce planning tools into SuccessFactors. Also, Dayforce agreed last week to a take-private deal, saying the move will speed its AI-driven growth.
Is financial wellness a key HR tech differentiator?
Chime Workplace, the company’s all-in-one financial wellness suite, will now be integrated into Workday Wellness, positioning financial strength as a central pillar of employee benefits. This move reflects a broader market shift as employers respond to growing employee expectations for holistic support. Two-thirds of employees report that financial stress negatively affects their work and personal life, according
