Core Insights - Dayforce, Inc. has announced the rebranding of its payroll and HR management solution for SMEs to Powerpay by Dayforce, emphasizing a strategic shift to meet the evolving needs of over 46,000 clients across Canada [1][2][3] Company Overview - Dayforce is a global leader in human capital management technology, aiming to improve workplace life and assist thousands of clients and millions of employees worldwide [8] Industry Context - SMEs are a crucial driver of the Canadian economy, contributing billions to the GDP annually and representing nearly the entire business landscape [2] - Managing an SME has become increasingly complex due to hundreds of legislative changes each year, necessitating simple and reliable tools for compliance and payroll accuracy [2] Product Features - Powerpay is designed to simplify compliance, save time for business owners, and allow them to focus on their core operations [3] - The solution offers an intuitive user experience with enhanced features for time tracking and payroll, including a New Hire Assistant and mass self-service enrollment [4] Leadership Changes - Behrad Bayanpour has been appointed as the General Manager of Powerpay, overseeing sales, products, engineering, and services to drive the mission of providing reliable and compliant solutions for Canadian business owners [6] Client Testimonials - Clients like Apollo Property Management have praised Powerpay for transforming payroll management, highlighting its intuitive and scalable nature, which ensures accurate and timely payroll processing [5]

TORONTO, July 02, 2025 (GLOBE NEWSWIRE) -- Dayforce, Inc. (NYSE: DAY; TSX: DAY), a global human capital management (HCM) leader that makes work life better, today announced the rebranding of its payroll and HR solution for Canadian small and mid-sized businesses (SMBs) as Powerpay by Dayforce, signaling a renewed strategic focus and ongoing commitment to meeting the unique and evolving needs of its more than 46,000 customers across Canada. SMBs drive Canada's economy, contributing billions to its GDP each y ...

J P M O R G A N Asia Pacific Equity Research 22 June 2025 This material is neither intended to be distributed to Mainland China investors nor to provide securities investment consultancy services within the territory of Mainland China. This material or any portion hereof may not be reprinted, sold or redistributed without the written consent of J.P. Morgan. Trend Tapestry China's young, educated and unemployed: A services boom in the making Youth unemployment in China rose from ~10% in 2018 to ~21% in the s ...

ROSELAND, N.J., June 25, 2025 /PRNewswire/ -- ADP (Nasdaq: ADP), a leading global provider of Human Capital Management (HCM) solutions, is scheduled to release its financial results for the fourth fiscal quarter ending June 30, 2025 before the opening of the Nasdaq on Wednesday, July 30, 2025. ADP will also be hosting a conference call at 8:30 a.m. ET on July 30, 2025 to discuss these results. Maria Black, President & Chief Executive Officer, Peter Hadley, Chief Financial Officer and Matthew Keating, Vice P ...

WESTLAKE, Texas, June 10, 2025 (GLOBE NEWSWIRE) -- Goosehead Insurance, Inc., (NASDAQ: GSHD), a rapidly growing, independent personal lines insurance agency, has appointed Angie Kervin as Chief Human Resources Officer (CHRO). With more than two decades of experience leading human capital strategies across large, distributed workforces, Kervin will spearhead Goosehead’s efforts to enhance its HR capabilities, further solidifying its position as an industry leader. “Angie’s deep expertise and track record of ...

Korn Ferry (KFY) Conference Summary Company Overview - Korn Ferry is recognized as the largest executive search firm globally, evolving into a talent consulting organization [1] Key Insights Business Strategy - The company aims to break down silos between different business lines (executive search, consulting, digital) to present a unified Korn Ferry brand to clients [8][9] - The focus is on becoming a comprehensive talent partner for clients, addressing all aspects of their talent and business issues [9] Revenue and Client Management - The Marquee and Diamond program includes 350 top clients, contributing approximately 40% of consolidated revenue, up from 30% six years ago [10][11] - The program generates over $1 billion in fees from a total of $2.7 billion to $2.8 billion in fee revenue [11] - Leadership is taking personal responsibility for key accounts to enhance client relationships and drive growth [12][13] Financial Performance - Korn Ferry maintains an EBITDA margin range of 16% to 18%, currently at 17% [21] - In a mild recession, margins may drop to low double digits; in a severe recession, they could fall to mid-single digits but are expected to recover [21][60] Cost Management - The company has reduced real estate costs by 35% and moderated spending on business development [23] - Korn Ferry is actively weeding out low performers to optimize workforce efficiency [25] Capital Allocation - The company prioritizes reinvesting in the business, including hiring and technology investments, while also returning cash to shareholders through dividends and buybacks [28][29] - Current dividends are approximately $1.92 per share, yielding about 2.5% [30] M&A Strategy - Korn Ferry has focused on acquiring companies that align with its core competencies, particularly in finance, accounting, and IT [32][33] - The interim business is positioned to leverage executive search capabilities for cross-selling opportunities [37] Digital and AI Initiatives - The company is developing a single sign-on repository to streamline client access to various services and data [40][56] - AI initiatives are aimed at improving efficiency in consulting services and back-office operations [63][64] Market Outlook - The retirement of baby boomers is expected to create a slight uptick in executive search demand over the next three to five years [41] - The company anticipates a gradual recovery in the market as clients adapt to current economic conditions [74] Long-term Aspirations - Korn Ferry aims to be the leading name in human capital and talent strategy, akin to how McKinsey and BCG are viewed in business strategy [76] Additional Important Points - The company is focused on enhancing its digital capabilities and leveraging its intellectual property for consulting engagements [46][54] - Korn Ferry is committed to maintaining a strong balance sheet and generating free cash flow [28]

Core Insights - Aon plc has appointed Andy Marcell as CEO of Global Solutions, overseeing integrated Risk Capital and Human Capital capabilities across various teams [1][2] - Marcell will continue to serve as CEO of Reinsurance until John Neal joins Aon on September 1, 2025, and will report to Aon President and CEO Greg Case [2][3] - Aon's strategy focuses on integrating solutions to address client needs related to risk and people issues, as highlighted in their 3x3 Plan [3] Company Developments - Marcell has been with Aon since 2015 and previously served as CEO of Risk Capital, successfully integrating Commercial Risk and Reinsurance solutions [3] - Lambros Lambrou, former CEO of Human Capital, is now the global Chief Strategy Officer, with a search underway for a new Human Capital leader [3][4] - Aon's recent Client Trends 2025 report emphasizes the interconnectedness of megatrends affecting business and society, necessitating integrated data and analytics [4] Upcoming Events - Marcell is scheduled to present at Aon's Investor Day on June 9, 2025, discussing the firm's integrated approach to client service [5]

Group 1 - Aon plc will host its Investor Day on June 9, 2025, at 8:30 a.m. ET [1] - Aon's leadership will discuss the 3x3 Plan and how Aon United addresses complex client needs at the intersection of Risk Capital and Human Capital [1] - The focus will be on driving sustainable, profitable growth and shareholder value creation [1] Group 2 - A live webcast and materials will be available on Aon's Investor Relations website, with a replay accessible after the event [2] - Aon operates in over 120 countries, providing clients with actionable analytic insights and integrated expertise in Risk Capital and Human Capital [3]

Summary of Dayforce (DAY) FY Conference Call - May 13, 2025 Company Overview - **Company**: Dayforce - **Industry**: Human Capital Management (HCM) Software - **Revenue**: Approximately $1.95 billion - **Customers**: About 7,000 - **Users**: Approximately 7 million on the global platform - **Core Offering**: Comprehensive HCM talent suite covering the entire employee lifecycle from hire to retire [4][5] Key Points and Arguments Product Differentiation - Dayforce's vision emphasizes compliance and a full talent suite within a single application, distinguishing it from competitors who often separate payroll and time management [7][8] - The continuous calculation of net pay allows payroll processing without waiting for time system closure, enhancing operational efficiency [8] - Dayforce has transitioned to a full HCM suite post-IPO, with significant improvements in talent capabilities [9][10] - The company is recognized as a leader in the Gartner Magic Quadrant for talent enterprise solutions, with nearly 90% of deals in the 500 to 3,500 employee segment being full suite deals [11] Managed Services and Revenue Growth - Dayforce's managed services act as the payroll department for clients, generating an additional $10 to $12 per employee per month, with a gross margin of nearly 80% [12][13] - Managed services revenue grew by 70% in Q1, indicating strong demand [13] - The average revenue per employee is currently $12.13 per month, with potential for growth through enhanced offerings [15] Sales Performance - New sales bookings grew by approximately 40% in Q4 and are expected to maintain similar growth in the first half of the year [19][30] - The sales strategy has shifted to emphasize a "12 to 1 simplification," showcasing the ROI of replacing multiple HCM solutions with Dayforce [21][22] - Customer engagement through sales summits has fostered community and peer-to-peer selling, enhancing brand loyalty [25] Market Dynamics and Employment Trends - Employment growth is modest, modeled at around 1% for the year, which is a headwind for revenue growth [38][39] - Dayforce has not seen significant impacts from tariffs on employment levels, maintaining steady growth despite economic uncertainties [38] Financial Strategy and Future Outlook - The CFO has focused on simplifying financial reporting and targeting durable revenue growth and increased profitability [56][59] - A long-term goal of achieving $1 billion in free cash flow alongside a $5 billion revenue target has been set, with current free cash flow margins expanding from 9.7% to 12% [61][64] - The company is navigating headwinds such as reduced float revenue and restructuring costs but remains optimistic about future cash flow expansion [62][64] Industry Trends - The software industry is experiencing layoffs even among companies with healthy growth, attributed to increased efficiency through AI and automation [66] - Dayforce is leveraging AI to enhance productivity across various functions, allowing for a leaner workforce [66] Additional Important Insights - The Dayforce Wallet allows employees to access earned wages during the pay period, enhancing employee engagement and retention [51][52] - The company has made significant strides in talent management capabilities, including recruiting and learning management, which are critical for client retention and upselling [42][44] This summary encapsulates the key insights from the Dayforce FY conference call, highlighting the company's strategic direction, market positioning, and financial outlook.

Automatic Data Processing reported strong fiscal 2025 Q3 earnings, exceeding expectations despite competitive challenges.Automatic Data Processing (ADP -0.39%), a global leader in human capital management (HCM) services, reported fiscal 2025 third-quarter earnings on Wednesday, April 30, that topped analysts' consensus expectations. Adjusted EPS of $3.06 beat the projected $2.97, while Q3 revenue reached $5.55 billion compared to the $5.49 billion estimate. ADP's performance this quarter marked solid financ ...