HR

Climate First Bank Initiates Next Phase of Growth with Capital Raise Season

Retrieved on: 
Tuesday, April 2, 2024

ORLANDO, Fla., April 02, 2024 (GLOBE NEWSWIRE) -- Climate First Bank , the world’s first FDIC-insured community bank founded to combat the climate crisis, today announces, through its holding company Climate First Bancorp, its latest round of capital raise to boost values-based banking efforts and initiatives across the nation supporting the company’s growth plans.

Key Points: 
  • ORLANDO, Fla., April 02, 2024 (GLOBE NEWSWIRE) -- Climate First Bank , the world’s first FDIC-insured community bank founded to combat the climate crisis, today announces, through its holding company Climate First Bancorp, its latest round of capital raise to boost values-based banking efforts and initiatives across the nation supporting the company’s growth plans.
  • The Bank is headed into its third year of operation and is poised to exit de novo status in June 2024, allowing it to fully scale services outside Florida.
  • Climate First Bancorp will run the capital raise campaign through September 2024 and funds are anticipated to be put toward initiatives like mission-driven technology, climate-focused loan solutions, values-aligned products and future acquisitions to accelerate the growth of subsidiaries Climate First Bank and fintech OneEthos.
  • For more information on Climate First Bank, please visit https://www.climatefirstbank.com .

Global Human Capital Management (HCM) Market Expected to Reach $63.14 Billion By 2032

Retrieved on: 
Tuesday, April 2, 2024

Human Capital Management (HCM) is a collection of HR systems, tools, and practices used to recruit, attract, develop, train, retain, and manage employees to achieve business goals.

Key Points: 
  • Human Capital Management (HCM) is a collection of HR systems, tools, and practices used to recruit, attract, develop, train, retain, and manage employees to achieve business goals.
  • The market growth is expected to be driven by the demand for people and performance management solutions.
  • A report from Fortune Business Insights projected that the global Human Capital Management (HCM) market size, which was valued at USD 28.86 billion in 2023 is projected to grow from USD 31.34 billion in 2024 to USD 63.14 billion by 2032, exhibiting a CAGR of 9.1% during the forecast period.
  • Many businesses are transitioning from traditional human capital management systems to cloud-based solutions to save on infrastructure and maintenance expenses.

Businesses Ramp Up Employee Feedback Efforts to Solve Profitability Challenges

Retrieved on: 
Tuesday, April 2, 2024

Businesses are clearly recognizing the value of employee feedback in helping them pinpoint solutions to critical challenges and are orienting their listening programs accordingly.

Key Points: 
  • Businesses are clearly recognizing the value of employee feedback in helping them pinpoint solutions to critical challenges and are orienting their listening programs accordingly.
  • Perceptyx’s survey found that improving profitability and efficiency is the top challenge organizations seek to address with their listening program.
  • Other prioritized business-critical challenges include transformation and change, hybrid work experience, employee retention, and career progression.
  • “Creating an environment where employees can be effective - and showing them you’re listening and acting upon their feedback - is what creates a competitive advantage.”

FE International Advises Acquisition of Evalart by Noosa Labs

Retrieved on: 
Tuesday, April 2, 2024

FE International served as the exclusive sell-side M&A advisor on the transaction.

Key Points: 
  • FE International served as the exclusive sell-side M&A advisor on the transaction.
  • The acquisition by Noosa Labs will enhance Evalart's offerings with new user experience and interface designs, innovative tools leveraging generative AI and tailored solutions for mid-sized and larger customers.
  • Additionally, this acquisition marks Noosa Labs' entry into both the Latin American market and the HR tech sector.
  • “The sector’s resilience and projected growth has made for attractive investment opportunities, and this acquisition was no exception.

SANUWAVE Health Appoints Industry Veteran Peter Sorensen as Chief Financial Officer

Retrieved on: 
Monday, April 1, 2024

EDEN PRAIRIE, MN, April 01, 2024 (GLOBE NEWSWIRE) -- via NewMediaWire -- SANUWAVE Health, Inc. (the "Company" or "SANUWAVE”) (OTCQB: SNWV), a leading provider of next-generation FDA-approved wound care products, is pleased to announce the hiring of Peter Sorensen as its new CFO. 

Key Points: 
  • He earned his BA in business administration from Bethel University and an MBA from the Herberger Business School at St.
  • “We are pleased to welcome Peter to SANUWAVE at this pivotal time in our growth plans,” said CEO Morgan Frank.
  • SANUWAVE’s trajectory is truly remarkable and I am eager to contribute my expertise to drive financial success and support the team’s realization of their innovative vision to deliver cutting edge wound care solutions that positively impact patients’ lives worldwide,” said Sorensen.
  • Sorensen begins work at SANUWAVE on April 1, 2024.

Burning Rock Reports Fourth Quarter and Full Year 2023 Financial Results

Retrieved on: 
Thursday, March 28, 2024

Precision oncology diagnostics product supports advancement in late-stage breast cancer treatment, with results published in the New England Journal of Medicine in June 2023.

Key Points: 
  • Precision oncology diagnostics product supports advancement in late-stage breast cancer treatment, with results published in the New England Journal of Medicine in June 2023.
  • Total value of new contracts entered into during 2023 amounted to RMB310 million, representing a 24% increase from 2022.
  • Revenues were RMB121.1 million (US$17.1 million) for the three months ended December 31, 2023, representing a 14.9% decrease from RMB142.2 million for the same period in 2022.
  • Burning Rock will host a conference call to discuss the fourth quarter and full year 2023 financial results at 8:00 a.m. U.S. Eastern Time (8:00 p.m. Hong Kong time) on March 29, 2024.

Daré Bioscience Reports Full Year 2023 Financial Results and Provides Company Update

Retrieved on: 
Thursday, March 28, 2024

SAN DIEGO, March 28, 2024 (GLOBE NEWSWIRE) -- Daré Bioscience, Inc. (NASDAQ: DARE), a leader in women’s health innovation, today reported financial results for the year ended December 31, 2023 and provided a company update.

Key Points: 
  • In addition, we are excited about the increased attention that women’s health has received more broadly,” said Sabrina Martucci Johnson, President and CEO of Daré Bioscience.
  • In December 2023, Daré announced positive topline results from the Phase 1 study evaluating the pharmacokinetics (PK), safety, and exploratory efficacy of DARE-PDM1.
  • Financial Highlights for the Year Ended December 31, 2023 and 2024 Projections
    Cash and cash equivalents: $10.5 million at December 31, 2023.
  • Daré will host a conference call and live webcast today, March 28, 2024, at 4:30 p.m. Eastern Time to review financial results for the year ended December 31, 2023 and to provide a company update.

Viventium Named FrontRunner for HR Software

Retrieved on: 
Wednesday, March 27, 2024

BERKELEY HEIGHTS, N.J., March 27, 2024 (GLOBE NEWSWIRE) -- Viventium announced today it was named a FrontRunner for HR software by Software Advice.

Key Points: 
  • BERKELEY HEIGHTS, N.J., March 27, 2024 (GLOBE NEWSWIRE) -- Viventium announced today it was named a FrontRunner for HR software by Software Advice.
  • FrontRunners is designed to help businesses evaluate which software products may be right for them.
  • “Viventium is honored to be awarded as a FrontRunner for HR software,” said Navin Gupta, Viventium’s Chief Executive Officer.
  • FrontRunners for HR software is available at https://www.softwareadvice.com/hr/ .

HR Community Readies for Next Month’s EPIC Conference in Las Vegas

Retrieved on: 
Wednesday, March 27, 2024

WEST PALM BEACH, Fla., March 27, 2024 (GLOBE NEWSWIRE) -- In only a few short weeks, the HR community will come together for the inaugural Elevate People, Ignite Change (EPIC) Conference taking place at the Bellagio in Las Vegas, April 24 – 26, 2024.

Key Points: 
  • WEST PALM BEACH, Fla., March 27, 2024 (GLOBE NEWSWIRE) -- In only a few short weeks, the HR community will come together for the inaugural Elevate People, Ignite Change (EPIC) Conference taking place at the Bellagio in Las Vegas, April 24 – 26, 2024.
  • “Fostering Gen Z Engagement: Balancing Identity, Advocacy and HR for Business Success” – Set to comprise 30 percent of the workforce by 2030, Gen Z is the most disengaged generation at work today.
  • In a world redefined by generational shifts, technological advancement, social change and the rising cost of living, EPIC bravely confronts the challenges that employees and HR leaders alike are facing head-on.
  • To be part of this EPIC event, register now by visiting https://www.epichr.com/register .

Cegedim Full year 2023 results: Revenue and recurring operating income both up

Retrieved on: 
Wednesday, March 27, 2024

The division’s recurring operating income climbed 33%, bolstered mainly by outsourcing for HR departments, which is riding a wave of management process automation.

Key Points: 
  • The division’s recurring operating income climbed 33%, bolstered mainly by outsourcing for HR departments, which is riding a wave of management process automation.
  • Sales to insurers posted positive recurring operating income, up slightly, despite the costs of launching the Allianz contract.
  • 2023 recurring operating income was a €4.5 million loss, €1.1 million higher than the loss in 2022.
  • Visiodent generated revenue of c.€10 million in 2023 and will begin contributing to Cegedim Group’s consolidation scope on March 1, 2024.