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CERIDIAN HCM HOLDING, INC.

(CDAY)
  Report
Delayed Nyse  -  04:00:02 2023-02-03 pm EST
76.20 USD   -2.30%
01/31Ceridian Recognized in 2023 Bloomberg Gender-Equality Index
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01/31Ceridian Recognized in 2023 Bloomberg Gender-Equality Index
GL
01/23Deutsche Bank Adjusts Ceridian HCM Holding Price Target to $82 From $80, Maintains Buy Rating
MT
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Ceridian Announces Ideal Talent Marketplace

11/09/2022 | 01:01pm EST

Ideal Talent Marketplace connects organizations to a flexible, on-demand workforce

TORONTO and MINNEAPOLIS, Nov. 09, 2022 (GLOBE NEWSWIRE) -- Ceridian (NYSE: CDAY; TSX: CDAY), a global leader in human capital management (HCM) technology, today announced the launch of Ideal Talent Marketplace at Ceridian INSIGHTS, the company’s global customer conference. Ideal Talent Marketplace leverages Ceridian’s innovation leadership in workforce management, talent intelligence, and on-demand pay to deliver speed and flexibility in staffing for both organizations and workers.

Today’s organizations are facing unprecedented staffing shortages and often lack the agility to adapt to rapidly to changing demand levels. Meanwhile, individuals are seeking increased job flexibility. According to Ceridian’s Pulse of Talent Report, half (49%) of workers globally cite flexibility/work-life balance as their most important job attribute. With Ideal Talent Marketplace, workers can receive personalized job recommendations matching their skillset and preferences, empowering them to work when, how, and where they want.

“Today’s dynamic workforce is defined by three words: choice, empowerment, and flexibility,” said Joe Korngiebel, Chief Product and Technology Officer, Ceridian. “Designed for the modern workforce, Ideal Talent Marketplace will serve as a bridge between workers and employers, bringing a flexible, continuous, and scalable workforce to life.”

Powered by the Dayforce Skills Engine, Ideal Talent Marketplace meets the needs of both employer and employee by connecting vetted workers to jobs suited to their skillset, location, and availability. Individuals can access on-demand, hourly shifts with many of the benefits of traditional work – and get paid instantly after every shift with Dayforce Wallet. Using Ideal Talent Marketplace, employers can quickly scale their workforce and fill skills and scheduling gaps by posting unfilled shifts directly from Dayforce Scheduling to Ideal Talent Marketplace.

Ideal Talent Marketplace helps organizations:

  • Manage their total workforce (full-time, part-time, contingent, seasonal) efficiently, and optimize labor spend with 360-degree talent and cost visibility within Dayforce.

  • Fill gaps in schedules or skills by posting openings directly from Dayforce Scheduling and recruiting to Ideal Talent Marketplace.

  • Connect openings with verified workers based on a multitude of data factors, including skills, geography, and experience, through Ceridian’s intelligent match technology.

  • Help reduce the complexity of hiring and managing flexible workers while supporting compliance. Ceridian handles employee administration including verification, onboarding, offboarding, payroll, and benefits.

  • Provide employees with a flexible pay experience through Dayforce Wallet, enabling workers to get paid as soon as their shift ends and manager approvals have been processed.

Ideal Talent Marketplace will be available for charter customers and workers in 2023. For more information and to sign up visit: www.ceridian.com/products/dayforce/ideal-talent-marketplace.

About Ceridian

Ceridian. Makes Work Life Better™.

Ceridian HCM Holding Inc. is a global human capital management software company. Dayforce, its flagship cloud HCM platform, provides human resources, payroll, benefits, workforce management, and talent management functionality. The Dayforce platform is used to optimize management of the entire employee lifecycle, including attracting, engaging, paying, deploying, and developing people. Ceridian has solutions for organizations of all sizes. Visit Ceridian.com or follow us @Ceridian.
  
Forward-Looking Statement
This press release contains forward-looking statements that involve a number of risks and uncertainties. Statements that are not historical facts, and our expectations, hopes, intentions or strategies regarding the future are forward-looking statements. Forward-looking statements are based on management's beliefs, as well as assumptions made by, and information currently available to, management. Because such statements are based on expectations as to the future and are not statements of fact, actual results may differ materially from those projected. We undertake no obligation to update any forward-looking statements, whether as a result of new information, future events or otherwise.

This press release should be read in conjunction with the risks detailed in the “Cautionary Note Regarding Forward-Looking Information,” “Forward-Looking Statement,” “Risk Factors” and other sections of Ceridian’s Quarterly Reports on Form 10-Q, Annual Reports on Form 10-K and other filings with the Securities and Exchange Commission.

Media Contact:  
Hyeri Kim 
Hyeri.Kim@Ceridian.com 
347-572-9564 


All news about CERIDIAN HCM HOLDING, INC.
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Analyst Recommendations on CERIDIAN HCM HOLDING, INC.
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Financials (USD)
Sales 2022 1 235 M - -
Net income 2022 -74,1 M - -
Net Debt 2022 820 M - -
P/E ratio 2022 -157x
Yield 2022 -
Capitalization 11 704 M 11 704 M -
EV / Sales 2022 10,1x
EV / Sales 2023 8,62x
Nbr of Employees 7 462
Free-Float 99,0%
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Mean consensus OUTPERFORM
Number of Analysts 17
Last Close Price 76,20 $
Average target price 74,86 $
Spread / Average Target -1,76%
EPS Revisions
Managers and Directors
David D. Ossip Chairman & Co-Chief Executive Officer
Leagh E. Turner President, Co-Chief Executive Officer & Director
Noemie C. Heuland Chief Financial Officer & Executive Vice President
Joe Korngiebel Chief Product & Technology Officer, Executive VP
Carrie Rasmussen Chief Information Officer
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