A Look at the Larger HR Tech Space

This episode explains why the HR technology market feels chaotic right now and what that means for the people who buy and build it.

George LaRocque of WorkTech describes the market as an hourglass: established platforms at the top with time and options, AI-native newcomers at the bottom with speed and low overhead, and a crowded middle where most vendors are getting squeezed.

The conversation covers what actually protects a compensation technology company from being replaced by AI, why compliance stopped working as a sales message after the EU Pay Transparency Directive underdelivered, how buyers should assess whether a vendor will still exist in two years, and why a platform's track record integrating past acquisitions is becoming a real evaluation criterion.

Timestamps

01:38 – A career path from staffing practitioner to market analyst

03:37 – Why HR leaders need to track funding and M&A activity

12:07 – The hourglass model of the HR technology market

16:03 – Why the squeezed middle is where vendors are failing

18:24 – Whether compensation technology can ever be a platform

19:34 – How HCM platforms are absorbing compensation capabilities

22:32 – Why technology alone stopped being a competitive moat

27:20 – Compliance versus ROI as the real driver of purchases