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Additionally, 33% of companies reported office utilization of 40% or less, versus 48% in 2023. Regardless, 43% of employees are going into the office at least three days a week, up 6% since 2023; 39% report to the office two days a week. Office attendance is rising, but 30% of companies said they’ll take steps to bring in more workers.
This philosophy has elevated people analytics to an organizational imperative for many companies. One organization that has adopted a tech-driven people analytics approach is Gore Mutual Insurance, an Ontario-based firm with more than 600 employees. Why people analytics?
To navigate these complexities, people analytics is emerging as a crucial strategy. Speaking at isolved Connect in October, Johnson demonstrated how people analytics can empower CHROs to align with CEOs’ critical priorities, enabling their companies to innovate in the complicated business environment to come in 2025.
Boomeranging became a workplace trend in 2022 and 2023, as some workers said they regretted job-hopping during the Great Resignation. in December 2023 and has remained somewhat steady since, reaching 3.2% That number jumped to 3.1% in July 2024. according to data from workforce intelligence platform Revelio Labs shared with HR Brew.
The 26th Annual HR Systems Survey, conducted by Sapient Insights Group, has been extended through July 15, 2023. Your voice is the future of HR technology! This survey is valuable for anyone supporting their organization's HR systems and practices, interested in sharing their vendor experiences, and giving back to the HR community.
US companies are way behind other global employers in utilizing shared workspaces, said Kate Lister, principal at consulting firm Global Workplace Analytics. In 2020, roughly 60% of employees worked in spaces individually assigned to them, according to research from real estate analytics firm Leesman.
Instead, the report argues, all parts of the people function—talent acquisition, DE&I, and people analytics, to name a few—should take shared “ownership” of talent development. Most companies fall flat on employee training, because it’s often relegated to specific parts of the HR department, like in L&D or benefits.
While the NYC-based nonprofit offers myriad services, it’s best known for its workforce training programs, which helps more than 4,400 students annually develop professional soft skills and hard skills in fields including IT, cybersecurity, customer service, and data analytics. Facing economic headwinds.
Workforce Analytics Utilizing workforce analytics is essential for making informed decisions about your human resources. Metrics and Predictive Analytics Incorporate metrics and predictive analytics to forecast potential turnover, skill shortages, and growth areas.
Speaker: Stela Lupushor, Founder, Reframe.Work Inc.
In this exclusive webinar with Stela Lupushor, you’ll learn how to do all of the above, and you’ll also walk away with new perspectives on: Evolving employment value proposition: exploring the changing social contract between employees and employers, and ways organizations can redefine the value exchange Workplace experience: rethinking the workplace (..)
How to Leverage Technology for Workforce Planning Utilize HR Analytics Software One of the cornerstones of effective workforce planning is HR analytics software. For instance, analytics can help identify when a department is likely to experience turnover, enabling HR to initiate recruitment strategies before a vacancy arises.
Advertisement - Gabriela Mauch, chief customer officer at workforce analytics firm ActivTrak , brings valuable insights on how CHROs can measure the impact of HR tech investments. According to Mauch, the adoption of analytics tools has energized HR experts by offering deeper visibility into workforce productivity.
After progress was made for the first time in 20 years in 2023 , the gender pay gap returned to its previous levels in 2024. figure in 2023. Latest figures from the Bureau of Labor Statistics revealed women working full time earned 83.2% of what men earned in 2024 , widening the gap from the historically low 83.8%
Consider this rapid shift: In 2023, 22% of HR functions reported experimenting with or using gen AI. Kevin Oakes, i4cp One of the significant findings of its 2023 study, Is HR Already Behind in the AI Revolution , was that HR was not being included in strategic conversations around AI in a meaningful way at their organizations, Oakes says.
We help HR and finance teams collaborate more effectively by providing: Integrated payroll, HRIS, and time tracking Workforce analytics dashboards Budget-aligned compensation tools Real-time reporting and expert HR support From job costing to compliance to forecasting, we give your teams the tools to work smarter—together.
2024 Top HR Products: key trends and insights The winners this year exemplify the characteristics that define a top HR product : a compelling user experience, impactful analytics, customization, effective integration capabilities and a noteworthy level of innovation. 24 in Las Vegas at the HR Tech Conference.
Some 42% of HR leaders cited accelerating their teams skills development as a top challenge, according to a 2023 Mercer survey. I tell everybody, including who are not in HR, I say, You happen to be the head of HR and learning and development for your own careeryou have to do this yourself. Awareness without action.
Now, new tech, people analytics, and AI and automation continue to transform HR into a strategic and insights-based function critical to business outcomes. [To] Payroll companies such as Paychex also adapted to the cloud, launching Paychex Flex in 2014 to provide real-time payroll, compliance tracking, and HR analytics.
in March 2023, according to data from location analytics platform Placer.ai. Hottovy, Placer.ais head of analytical research, told HR Brew. Last month, office visits across the US were 32.2% below March 2019 levels, just a slight change from being down 35.9% in March 2024 and 37.9%
With powerful analytics dashboards, companies can monitor gender representation, pay equity, minority leadership presence, and other key DE&I indicators. These systems ensure that hiring and promotion decisions are rooted in skills and competencies, fostering a more equitable workforce.
The World Economic Forum’s Future of Jobs Report 2023 estimates that 44% of workers’ skills will be disrupted in the next five years. Data analytics and interpretation: In a shared services model, data becomes a critical asset. For HR, this disruption is already underway.
Aspect 43’s State of HR Tech 2024 report revealed that 55% of surveyed companies use HR tech for compliance and security—double the percentage reported in 2023—making it a top-three organizational priority. Nutt emphasized that HR compliance is also a “smart business move,” as analytics tools can identify potential risks or gaps.
From AI to analytics, the right tech stack transforms workforce planning from reactive guesswork into a proactive, data-driven strategy. Start with HR Analytics Software Why it matters: HR analytics software provides real-time insights into your current workforce performance trends, turnover risks, skills gapsand helps forecast future needs.
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Data Analytics: Run detailed census reports for annual audits and renewals. Employee Self-Service: Put employees in the driver’s seat and empower them to enroll in or change their benefits through any personal internet-enabled device – in the same portal they use to access pay stubs, request time off, and update their tax withholdings.
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While the industry reached US$587 billion in 2023, growth has slowed to 3.8% – its lowest rate since 2017. This includes leveraging data analytics for better targeting and engagement measurement. The sector increasingly demands sophisticated omnichannel approaches that can reach multiple stakeholders across various touchpoints.
This requires sophisticated AI-powered succession planning systems and leveraging advanced data analytics for deeper talent insights. Employee experience enhancement In 2023, the IBM Institute for Business Value conducted interviews with nearly 6,000 CEOs and other C-suite executives worldwide.
4 – More Focus on Pay Equity & Pay Transparency Theres no reason to expect a federal mandate anytime soon, but more than a dozen states passed pay transparency laws in 2023 and 2024. 10 – The Rise of People Analytics Automatic reporting provides HR data for faster analysis of complex trends.
According to a 2023 Gallup study, organizations with well-defined goals see 14.9% A 2023 World Economic Forum study revealed that 94% of employees are more likely to stay with companies investing in their learning. A 2023 Achievers study found that 83% of employees feel more engaged when recognized regularly.
was at its lowest in 2023 at 16.2%. in 2023, which was the impetus for the EU Pay Transparency Directive. Our software is backed by sophisticated analytics, unbiased insights, and legally compliant methodologies to ensure anti-discriminatory compensation practices. The unadjusted gender pay gap in the U.S. Our R.O.S.A.
Use Workforce Analytics to Drive Smart Decisions Gut instinct isnt a strategy. Tap into workforce analytics to understand turnover trends, employee performance, skills gaps, and future talent risks. Whether you need help with analytics, compliance, or optimizing your HCM toolswere wired for HR and ready to help.
However, 2023 data showed medical unit cost inflation of 5.5% WTW’s data show employer mental/behavioral health costs continue to increase: The average cost per person/portion of spend attributable to increase was 24% in 2023 relative to 2022. in 2025 , compared to 6.9% in 2024 and 6.5% over last year.
Following the Great Resignation of 2021 and 2022, and the adjustments made during the Great Stay of 2023, today’s top people leaders are not just preparing for future changes—they are proactively shaping their responses and leading the way.
At the end of 2023, approximately 6,400 customers had adopted the company’s platform, with reports showing that Dayforce has continued to grow under its new identity. billion in fiscal year 2023), 6,700 customers and a 97% client retention rate. In the opener, CEO David Ossip highlighted key metrics, including the company’s $1.7
When asked what’s influencing changes to their employee benefits strategies, 90% of respondents cited costs, a significant jump from 67% in 2023. The survey was conducted this spring and included 696 U.S. employers, representing a broad range of industries in both the private and public sectors.
This marks the ‘third year’ of publication for Vantage Circle’s structured research on Global R&R programs, following our inaugural Global R&R report in 2022 and subsequent reports for India, the US, and the UK in 2023. minutes i.e. over 57% of Wipro’s associates received recognition in 2023.
According to Gallup's July 2023 survey , 80% of Americans are dissatisfied with how things are going in the US. Several survey tool survey tool platforms help provide extensive, real-time analytics that expedite the decision-making process for HRs. times more likely to feel empowered to perform their jobs effectively.
Information: Organizations start leveraging people analytics to create business impact. Enabling data-driven decision making Most, if not all, of the digital HR software today comes with analytics and reporting features, making it much easier for HR to analyze internal data and make data-driven decisions.
The managerial gender pay gap has also seen a reduction, from 14% in 2017 to 10% in 2023, but this progress is still not fast enough. Leverage technology and analytics: Use AI-based tools to analyze pay data and identify patterns of inequity, enabling proactive interventions.
One key strategy for effectively engaging your employees lies in leveraging data analytics. Analytics tools can help you gather feedback from your team members and transform this information into practical policies and procedures that make your staff feel more focused and engaged at work.
According to a 2023 Talent Acquisition Benchmarking Report from iCIMS, over 60% of recruiters are already using some form of AI to screen resumes and assess candidates’ skills, with expectations for these numbers to rise significantly in the coming years.
Utilize analytics tools: Employ analytics tools to track engagement and recognition metrics. Solution In January 2023, the travel pioneer employed Empuls to automate its R&R program. Compare results over time to identify trends that may correlate with the implementation of loyalty programs.
The modern HR department now oversees strategic talent management, workforce analytics, employee experience, and compliance, all driven by technology. Their Human Capital division combines strategy, analytics, and cloud-based solutions to transform workforces. 10 Best HR Technology Consulting Firms in 2025 1.
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