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HR Outsourcing Trends and Statistics SMBs Should Know

Extensis

billion between 2021 to 2026. This is not entirely surprising considering the growing workload of today’s HR departments. The Society for Human Resource Management (SHRM)’s State of the Workplace Report 2021-2022 revealed that nearly 75% of HR professionals feel their department is working beyond capacity and stretched too thin.

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Top Trends in Human Resource Management in 2021

Hppy

According to the artificial intelligence survey by Gartner , “17% of organizations use AI-based solutions in their HR function and another 30% will do so by 2022.” This trend in human resource management has been evolving since the beginning of industrialization, and it is expected to get more popular in 2021.

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75% of Large Companies Are Restructuring Their HR Functions—But Does It Really Matter? (i4cp login required)

i4cp

Two years of multiple crises that required human resources (HR) to respond and lead decisively resulted in recognition of the valuable strategic contributions of HR leaders to business outcomes. The profile of the HR function has been broadly elevated since 2020, as has its ability to provide greater impact.

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HR Tech and ‘HRE’ announce the 2021 Top HR Products

HRExecutive

During yet another challenging year, 2021 was a time of remarkable innovation for HR technology companies. That is the big takeaway from the HR Technology Conference and Human Resource Executive ’s Top HR Products of the Year competition.

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Averbook: Why 2021 is the Year of ‘Re-‘

HRExecutive

The year 2020 was already supposed to be a harbinger—the most important year since 2000, harkening back to the magical milestone of Y2K. Once that moment passed and we realized we were all still breathing, we started talking about this thing called Workforce 2020 and the promises it foretold. I’m calling 2021 the Year of Re-.

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Top HR Challenges Found in HR Dive’s 2022 Identity of HR Report

Extensis

HR Dive’s survey findings reflected this. According to the data, HR service vendor use increased in nearly every category: Payroll services jumped 15% year-over-year (from 53% of respondents using the services in 2021 to 61% this year). Data shows that smaller HR teams were more likely to outsource their HR functions.

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Averbook: Here’s why every HR leader needs a digital mandate for 2021

HRExecutive

If 2020 was the year of creation (which I think it was), 2021 will be a year of rebirth. In the same way, 2020 was chockful of ingredients to activate transformation. To get the end result you truly want and not a false sense of accomplishment at how far you’ve come, you need to accept that 2020 was just the beginning.