Archive | Trends

Technavio ATS Infographic

Pricing, Intelligent Tools Drive U.S. ATS Market

Relatively low prices and the integration of increasingly sophisticated analytical tools will drive growth of the U.S. market for applicant tracking systems to a steady CAGR of 9 percent by 2021, according to a report by research firm Technavio. Vendors are offering low- and medium-priced systems that allow different types of users to deploy systems […]

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Nintex Top 3

Despite Challenges, HR’s a Lower Priority in Digital Transformation

By now, most everyone involved in HCM technology has been involved in some kind of discussion about “digital transformation” and “digital business,” not to mention the pressure from employees to have access to simpler, consumer-like self-service tools. However, according to the process-automation company Nintex, HR isn’t even among the top three areas of focus for […]

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Company Culture

Onboarding Investment Lags Despite HR’s Emphasis

More business leaders see onboarding as a strategic activity, according to a report released by SilkRoad at the HR Technology Conference in Las Vegas. At the same time, they’re not so ready to put their money where their mouths are. Silkroad—which provides onboarding software and services—said corporate leaders increasingly see employee engagement as an important […]

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Microbusiness HCM Technology

Recruiters, Hiring Managers Agree TA Tech Needs Improvement

While recruiters and hiring managers disagree when it comes to performance perceptions and onboarding needs, they agree that talent acquisition technology could use an upgrade. According to a report released by RPO provider Orion Novotus and HRO Today, recruiters expressed low levels of satisfaction with five aspects of the tools and technology they use: offer […]

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Return on Investment

Embracing Advanced HR Tech Has Real Financial Impact, Study Shows

HR organizations who successfully transition to a digital work environment spend 26 percent less on HR than their peers and operate with 32 percent less staff, according to benchmark-data analysis by The Hackett Group. At the same time, these HR departments operate at “dramatically higher levels of effectiveness,” the consulting firm said.   By investing in cloud-based […]

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Planview Tools

Siloed Tools Cost Organizations Time and Money, Survey Says

Knowledge workers say their teams lose as many as 20 hours a month when they rely on tools that aren’t integrated or centralized across the organization. According to a survey by the resource management firm Planview, relying on multiple solutions is more likely to endanger the outcome of projects undertaken by cross-functional and distributed working […]

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Tracking System

Report Predicts 2023 ATS Market to Reach Nearly $2 Billion

The market for applicant tracking systems will grow from about $1.1 billion to $1.8 billion between 2017 and 2023, a compound annual growth rate of 8.3 percent, according to researcher MarketsandMarkets. The key driver behind the growth is the increasing penetration of the Internet of Things and related technologies, such as big data and serverless […]

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Wearables Data Thumb

Surprise! Employees Don’t Like Workplace Monitoring

Employers are increasingly gathering a wide range of data on employees, including their personal social media use as well as their workplace behavior. Employees aren’t happy. According to the HR Metrics & Analytics Summit, 80 percent of organizations use employee records and data to measure performance. “A fair number” use the same information to measure […]

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Work at Home

Employee Demand May Soon Give More Weight to Mobility, Less to AI

In case there’s any doubt left about the urgent need for mobile and remote HR solutions, Zurich-based International Workplace Group reports that more than 70 percent of employees work outside of their office at least one day a week. Fifty-three percent work remotely for at least half the week, and 11 percent work outside the […]

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Content

Benefits Tech’s Complexity Offers Opportunity in Neglected Areas

While employers increase their use of technology to streamline benefits administration, HCM technology vendors—and benefits technology vendors in particular—have a growing opportunity to deepen their customer relationships by including educational and other benefits-related content in their offerings. That was one of the hidden takeaways we found in Guardian Life Insurance’s fifth annual Workplace Benefits Study. […]

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