Trends

“Non-traditional work.” “The workplace of the future.” “The gig economy.” “Skills shortages.” “Employee experience.” These and dozens of others labels are applied to the dynamics of the employer-employee relationship. It’s a relationship that constantly evolves along with technology, consumer expectations, societal demands, political pressures and other innumerable factors. Some trends are only about buzzwords, but many reflect fundamental changes in the way organizations use technology to manage and strengthen their workforce.

Deploying effective HCM technology can have a measurable impact on employee turnover, according to a report from Nucleus Research. That, in turn, can directly influence an organization's finances, as well as the efficiency of its operations. Rather than view high employee attrition as an acceptable cost of doing business, Nucleus...
Multinational employers would rather upskill their existing HR teams members to analyze workforce data and put it to use. That goal becomes increasingly realistic as more products become available to help make data and analytics accessible. According to Innovation Generation: the Big HR tech Disconnect, a report...
Kronos introduced an enhanced Workforce Dimensions HCM. The new package includes responsive design, embedded analytics, an AI engine and the extension of the D5 platform’s capabilities across the employee lifecycle. The launch was one of a flurry of announcements that came from this week’s KronosWorks conference in Las Vegas. Built on...
Weeks after Uber focused a whiff of attention on gig technology by launching a pilot of its Uber Works platform in Chicago, the space continues to simmer with fresh funding and new entrants. We say a “whiff” of attention because the continued growth of gig technology...
Large businesses are diving below the surface of the Tax Cuts and Jobs Act, the tax law passed in December 2017, to uncover benefits that may not be as sexy as how C corporations and some LLCs are now treated, but could impact HCM technology spending. The consulting firm Mercer...
Our weekly roundup of deals, product announcements and other HR technology news. The HR analytics market will grow to $3.6 billion by 2024, a CAGR of 13.7 percent, according to researcher MarketsandMarkets. Its report said increasing demand to automate HR processes, scale  HR personnel...
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...
The demands of managing an increasingly far-flung workforce and the need to replace legacy systems with up-to-date HCM products will drive the market value for HR management solutions to an estimated $30 billion by 2025, new research says. According to Research and Markets, the proliferation of analytics,...
Just after last October's HR Technology 2016 conference, Steve Goldberg made the astute observation that "the little guy has arrived." In a post on Horses for Sources, he noted that it was "just as easy to see meaningful HR Tech innovations in the booths of 'little guys' and emerging...
While employers give increased attention to attracting and managing part-time employees, a report from the Conference Board suggests that the growth of “non-traditional” workers, such as contingent and gig workers has, in fact, barely grown since the mid-1990s. That’s particularly striking here in the HR technology world, since the impact...