HR technology has become an essential component for effectively managing human resources in modern workplaces. As technology continues to advance and the impact of COVID-19 shapes the business landscape, investing in HR technology has become a top priority for HR leaders. A recent study conducted by Gartner has underlined the significance of HR tech investment by showing that 46% of
In today’s rapidly-evolving world of Human Resources (HR), the need for innovation and creativity has become more essential than ever before. As HR departments strive to create tailor-made experiences for their employees and optimize collaboration within a company, they must stay up to date with the latest technologies in order to remain competitive. From utilizing gaming technology to leveraging Customer
Outsourcing human resources can be a great way for businesses to gain access to specialized expertise and administrative support without the need to hire and manage a full-time HR team. There are a number of different options available, each with their own advantages and drawbacks. One option is an Administrative Services Organization (ASO), which provides administrative help with payroll, benefits
The significance of employee well-being is no longer considered a mere feel-good aspect or an optional perk in the corporate world. Businesses now understand that prioritizing employee well-being is crucial for the success of their company. According to a Gallup study, employee well-being can lead to a 41% decrease in absenteeism, a 21% increase in productivity, and a 41% decrease
In today’s modern workplace, employees are constantly bombarded with stimuli from their environment, making it difficult to stay focused and productive. As the Chief Human Resources Officer of CareerBuilder, Rosemary Haefner, noted, the workplace has become increasingly cluttered with multiple sources of stimulation such as internet, cell phones and co-workers, making it difficult for employees to remain focused. To counteract
The term technology and analytics has become increasingly intertwined in recent years. The combination of these two fields has revolutionized the way businesses operate and data analysis has become an integral part of a company’s success. From Human Resources (HR) to product innovation, every business sector is being influenced by technology and analytics, and each industry is looking for ways
The coronavirus pandemic has had a profound and far-reaching impact on nearly every aspect of life, and the business world is no exception. As lockdowns and other restrictions have been enforced, companies of all sizes have had to adjust to new challenges. To gain insight into how businesses have been affected, two major consulting firms, Ernst & Young and Deloitte,
The modern world of work is evolving at an unprecedented rate and with it, so are the roles of people leaders. It is essential for leaders to have the capacity to sense, analyze and act on data within each people process in order to keep up with these changes. Establishing a system for data analysis can help leaders manage their
The survey results are in and the data paints a clear picture of how companies are utilizing data in their decision-making process. It is evident that companies are increasingly leveraging data aggregation to acquire useful information, with half of the surveyed firms utilizing such methods. This statistic speaks to the growing importance of data-driven decisions in the corporate world, as
The four-day workweek has become a popular alternative to the traditional five-day workweek in recent years, with many employers reporting improved morale, productivity, and creativity among their employees who have adopted this model. This article will explore the potential benefits of switching to a four-day workweek and the challenges that come along with it. We will analyze a recent survey
