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.

HR organizations who successfully transition to a digital work environment spend 26 percent less on HR than their peers and operate with 32 percent less staff, according to benchmark-data analysis by The Hackett Group. At the same time, these HR departments operate at "dramatically higher levels of effectiveness," the...
Knowledge workers say their teams lose as many as 20 hours a month when they rely on tools that aren’t integrated or centralized across the organization. According to a survey by the resource management firm Planview, relying on multiple solutions is more likely to endanger the outcome of projects...
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...
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...
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...
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,...
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...

News & Analysis for the HCM Technology Community.