The pressure of the pandemic has led both employers and job candidates to make impulsive hiring and technology decisions that haven’t always worked out, according to Modern Hire. But in 2023, the company expects to see HR leave “reactionary measures” to focus on techniques that drive efficiency, effectiveness, engagement,...
Small and medium-sized businesses will increase their technology spending during 2023, although not to pre-pandemic levels. The growth could set the stage for the increasing use of HR-related software solutions and funding of post-pandemic digital transformation efforts.
The technology research and consulting firm Analysys Mason believes that the 145 million...
The global employee recognition system market is projected to reach $34.1 billion by 2030, according to Acumen Research and Consulting. That's up from the $11.1 billion in 2021, and represents a CAGR of 13.4%.
With recent changes in the labor market and evolving employee expectations, recognition programs, platforms and systems...
Businesses should consider redeploying workers before they take steps toward layoffs during a crisis, said HR advisory firm McLean & Company in a new report, Redeploy Your Workforce During a Crisis. The firm believes layoffs should only be imposed as "an unavoidable, final course of action."
McLean said this approach will better position...
During 2023, employers will spend more time and energy reexamining HR's role, the employee experience, DEI, digitization and the struggle to close skills gaps.
The HR Trends Report 2023, from HR consultancy McLean & Company, says these trends have appeared even as HR’s effectiveness and role as a strategic partner have become stronger,...
Some 60 million Americans performed freelance work at some point over the last 12 months, according to Upwork. That represents 39% of the total American workforce, the company said in its study of independent workers, Freelance Forward: 2022.
“Freelancing continues to gain popularity among skilled professionals as more people evaluate...
Nearly three-quarters of chief finance officers (74%) expect talent or labor costs to jump substantially in the coming year. This comes as 41% of them feel pessimistic about their companies’ financial prospects during 2022's fourth quarter, up from 37% in the third.
These are some of the key findings of Deloitte’s Q4 2022...
Almost half of employees plan to explore their career options next year, according to data contained in isolved's Pause, Pivot or Plan: HR Trends of 2023. The annual year-end survey included insights from 1,000 full-time employees on their performance, priorities, plans and pay expectations for the upcoming year.
The top reasons...
More than two-thirds of businesses planned to increase their IT spending during 2022, putting special emphasis on cybersecurity, cloud applications and artificial intelligence, according to a study conducted by Enterprise Strategy Group.
Much of these budget dollars are being spent on solutions that will fill help address challenges with IT...
