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.

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...
The global market for AI-driven recommendation engines will grow from about $800 million in 2017 to $4.4 billion by 2022, a compound annual growth rate of 40.7 percent, according to a report from the research firm MarketsandMarkets. Driving the growth is an increasing focus on enhancing consumer experiences and the...
Deloitte's 2018 Global Human Capital Trends report argues that businesses must take on a new leadership role in today's society, and hints that changes in workforce dynamics might put expanding engagement efforts at the center of their strategies. As the use of advanced technologies like artificial intelligence, automation and workforce...
While procurement groups are improving their approach to digital tools, their budgets are expected to remain virtually flat during 2018, according to a report from researcher the Hackett Group. "While procurement leaders acknowledge the importance of strategic enterprise objectives, including expanding procurement’s influence, elevating the role of procurement, and improving...
Nearly 40 percent of all internally made ethics and compliance complaints were received via methods such as face-to-face meetings and emails rather than more traditional reporting hotlines in 2017, demonstrating the importance of offering multiple reporting channels to employees. According NAVEX Global's 2018 Ethics & Compliance Hotline and Incident Management...
Executives are getting tired of talking about disruption and becoming impatient to begin executing. That’s our takeaway from the 2018 Global Talent Trends Study, published yesterday by Mercer. The report said that 91 percent of American companies have innovation at the core of their 2018 agenda, and that 95 percent...
Recruiters and recruiting solutions will continue trying to keep up with the ever-changing demands of younger workers who have integrated technology of all kinds into their lives. While Korn Ferry Futurestep CEO Byrne Mulrooney said the "break-neck speed of technology advancements" will allow recruiters to focus on their core...
Market researcher Technavio predicts the market for global HCM technology will grow at a CAGR of more than 8 percent between 2018 and 2022. A big driver is an obvious one, by now: The continued expansion of cloud services throughout the IT world. Technavio observed that the latest HCM solutions...
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,...
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...