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.

Environmental, social and governance (ESG) factors are becoming more visible and impactful, according to research firm McLean & Company. The firm found that each organization's success relies should no longer be  measured solely by financial performance, but also business they contribute to a sustainable and equitable future.   As a result,...
HR technology budgets are being cut back even as corporate leaders worry about effectively contending with talent management and retention challenges. A review of Hackett Group research by UNLEASH found that today’s business environment “will be a critical time for businesses to extrapolate the most efficient policies while maintaining employee...
Salary.com announced new capabilities for its CompAnalyst pay equity suite, a solution that, the company said, focuses on identifying and preventing pay issues. Sixty-seven percent of organizations face continuously increasing pressure to address pay equity, according to a Salary.com survey. The study, Employer Pay Equity Pulse Survey, found that current employees...
Nearly half of HR leaders, 46%, say that HR technology is their top spending priority this year, followed by staffing and recruiting, total rewards and learning and development, according to research by Gartner. High inflation, intense competition for talent and global supply constraints are, leading organizations to focus on “growth...
Hiring at U.S. small businesses increased during February, led by hiring in the leisure and hospitality industry, according to research by Paychex and IHS Markit, a provider of information and analytics. The company’s Small Business Jobs Index, which measures national employment growth for businesses with fewer than 50 workers,...
The global contingent workforce management industry generated $171.5 trillion in 2021, and will reach an estimated $465.2 trillion by 2031, a CAGR of 10.5% from 2022 to 2031. According to Allied Market Research, the growth is driven by an increasing demand for flexible workforces, shifting demographics and labor force...
Transcript Mark: Welcome to PeopleTech, the podcast of the HCM Technology Report. I'm Mark Feffer. My guest today is Brent Skinner, the co-founder and principal analyst at 3Sixty Insights. He and I recorded a webinar the other day where we talked about HR's changing role, how it can work...
More than half of diversity, equity and inclusion leaders -- 51% of them -- say the greatest hurdle they face lies in executives failing to take ownership of driving DEI outcomes. According to Gartner, additional challenges include limited power to drive decisions, ineffective coordination of DEI efforts across business...
Mark: Welcome to PeopleTech, the podcast of the HCM Technology Report. I'm Mark Feffer. Today I'm speaking with Purbita Banerjee. She's a senior vice president and Head of Product Management at Korn Ferry. We're going to talk about the dynamics of today's workforce, labor shortages in HR, tech, and...
Companies are quietly hiring contract workers even as they assign work to remaining employees to make up for layoffs, according to a study from ResumeBuilder.com. The company defines quiet hiring as "the practice of either hiring contract workers or asking existing employees to take on new or additional tasks." Cost-cutting measures have...