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What Makes a Good Performance Management System for HR?

ClearCompany HRM

Technology has quickly become a necessity for handling every function of HR, including performance management. Although human resources technology hasn’t always been what you’d describe as cutting-edge, that’s quickly changing — it’s expected to be a $35 billion industry by 2028. via Gallup).

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HR Virtual Summits 2023: Benefits, Importance, and Future

Engagedly

In 2022, 40% of corporate events were virtual, up 5% from 2020, according to a poll of marketers globally. HR conferences were among the many offline activities that shifted to online in 2020. By 2028, the market for virtual events will likely rise at a compound annual growth rate of 23.7% from its estimated value of $114.12

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7 Ways To Leverage Technologies for Corporate Training

Engagedly

billion in 2020 to $115.49 billion by 2028. Performance Measurement: Set key performance indicators (KPIs) for your training programs and performance management. Progress Tracking: Monitor the performance of every trainee and measure their development against the key metrics.

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The ultimate guide to SaaS HR software

Workable

billion in 2020 and is projected to reach $33.57 billion by 2028. SaaS HR products can automate several processes, allowing HR managers to save time and focus on their core tasks. With more and more people working remotely, companies must learn how to create dynamic, high-performing teams in a new world.

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Equal Pay Named in EEOC Targeted Priorities

Trusaic

EEOC objectives for fiscal years 2024 through 2028 are highlighted in its Strategic Enforcement Plan (SEP), released on September 21. The Economic Policy Institute reports over $3 billion was recovered for workers between 2017 to 2020. And its message is uncompromising. Wage theft is also a significant problem across the US.

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3 Must-Read Digital HR and HR Tech Articles of July 2018

Digital HR Tech

Turn Performance Reviews on Their Head for Actual Results. Performance management is something that can take up a huge amount of time (Deloitte discovered they were spending 2 million hours every year just on the forms, meetings, and ratings related to performance management). The first is changes to the law.