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.

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...
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...
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...
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...
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...
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...
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...
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...
HCM Technology vendors should begin to consider how they can help customers expand their HR activities in ways that go beyond the traditional. Over the last few years, we've seen more companies get serious about solving problems that either the market or government have failed to deliver on. It leads us to...
We talked job boards with Jeff Dickey-Chasins. It doesn't seem that long ago that the term "online recruiting" was easily defined: It was all about job boards. Today, however, it encompasses everything from social media to general marketplaces like Craig's List to niche sites like allcruisejobs.com and even sites like GitHub,...

News & Analysis for the HCM Technology Community.