Extensis

JANUARY 4, 2024

With insights from our internal experts, the ExtensisHR 2024 HR Trends Report reviews the top 10 developments expected to impact employers, from the rising use of artificial intelligence to the need to upskill current staff. Download the full 2024 HR Trends Report now. Below, we give a bird’s eye view of each trend.

HR Trends 52

HR Trends HR Planning HR Software Trends 52

Accendo Technologies

APRIL 15, 2024

Written by Sheu Quen • 6 minute read • April 15, 2024 Artificial intelligence (AI) has been making waves across the globe, in every industry, and the world of HR is no different. And then there’s talent retention, which is key to keeping these stars shining brightly in the company galaxy for the long haul.

Hiring Software 52

Hiring Software Talent Experience Onboarding Software Recruiting Software 52

Bayzat

MARCH 20, 2024

It also helps HR managers assess and close skills gaps and reduce turnover. In fact, research found that understanding skill gaps is a number one priority for talent developers worldwide. Making informed hiring and recruitment decisions Statistics indicate that 80% of employee turnover is attributed to poor hiring decisions.

Competencies 52

Competencies HR Software Hiring Software Assessment Software 52

InfoMart

APRIL 4, 2024

BLOG 6 Ways Your Business Can Improve Its Employer Brand Dean Mathews April 4 2024 In today’s fiercely competitive job market, attracting and retaining top talent has become more challenging than ever. Almost all (95%) candidates consider a company’s reputation when exploring new career opportunities.

Employer Branding 59

Employer Branding Background screening Hiring Software Recruiting Software 59

Engagedly

JANUARY 8, 2024

AI in Human Resources 2024: Transforming the Workplace Landscape 2024 promises to be a year of accelerated AI adoption in human resources, fundamentally reshaping how we attract, manage, and empower talent. Higher engagement levels are directly linked to increased productivity and commitment among employees.

HR Planning 52

HR Planning Resources Hiring Software Onboarding Software 52

Precheck

OCTOBER 10, 2023

Benefits of pay transparency policies include higher morale, greater employee engagement, increased productivity, and higher retention rates. Drawbacks of pay transparency may be experienced by some companies, especially if the policy exposes unfair pay practices. Workers feel valued for what they do and work harder.

Wage and Hour Training 105

Wage and Hour Training Hiring Software HR Planning Retention and Turnover 105

PSB

DECEMBER 7, 2023

In the dynamic world of business, the significance of upskilling and reskilling employees in 2024 emerges as a critical strategy for organizations aiming to stay ahead in the market. Enhanced Employee Retention: Upskilling and reskilling initiatives contribute significantly to higher levels of job satisfaction and employee loyalty.

Onboarding Software 52

Onboarding Software Hiring Software Assessment Software Recruiting Software 52

Careerminds

APRIL 25, 2024

This helps workers stay relevant in their fields and provides employers with a stronger, more skilled workforce that produces better results, less turnover, and a greater competitive advantage. How that environment will look will largely depend on the company’s budget, timeframe, and other factors.

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HRExecutive

SEPTEMBER 20, 2023

HRE: What role has internal mobility played in the company’s employee retention strategy? While internal mobility is a contributing factor, we’ve taken specific actions—focused on our team member experience—that have resulted in ZB’s voluntary turnover rate being below the top quartile industry benchmark.

HR Planning 91

HR Planning Retention and Turnover Onboarding Software Hiring Software 91

Cisive

OCTOBER 9, 2023

Benefits of pay transparency policies include higher morale, greater employee engagement, increased productivity, and higher retention rates. Organizations that become transparent about pay have the opportunity to build trust with employees, increase productivity, and improve recruitment. Be warned, though.

Wage and Hour Training 70

Wage and Hour Training Hiring Software Retention and Turnover Policies 70

Terryberry

DECEMBER 8, 2023

What is a retention bonus, and is it something you need to worry about in 2024? That's where a retention bonus can come in handy. That's where a retention bonus can come in handy. What Is a Retention Bonus? Your decision to offer retention bonuses should be strategic and data-driven.

Bonuses and Incentives 52

Bonuses and Incentives Retention and Turnover Hiring Software Assessment Software 52

Achievers

OCTOBER 2, 2018

million people) by 2024. In fact, the Gallup News article cited above notes that organizations could experience 44 percent less absenteeism and 16 percent higher productivity if they give their workers a chance to learn and grow on the job. Moreover, the average annual employee turnover rate is 19 percent, or almost one out of five.

HR Software 110

HR Software Hiring Software Talent Experience Employee Engagement 110

Analytics in HR

NOVEMBER 28, 2023

Enthusiastic employees have higher wellbeing, better retention, lower absenteeism and higher productivity. This follow-up is important for resolving immediate issues and maintaining a positive and productive work environment. Engaged employees are more productive, enthusiastic, and committed to their work.

Survey 98

Survey Assessment Software Planning Tools Retention and Turnover 98

Hire Road

MARCH 1, 2024

But whether resignations are expected or considered a “regrettable loss”, the fact is that employee turnover costs organizations significantly. HR consulting firm Mercer recently revealed the results of its 2023 US and Canada Turnover Surveys in its article – How much turnover is too much?

Talent Experience 52

Talent Experience Retention and Turnover Strategy Hiring Software 52

ApplicantStack

APRIL 5, 2024

In this blog, we’re discussing some of the most important and lucrative hiring best practices that can help set you up for recruiting success in 2024 and beyond. The Benefits of Getting Your Hiring Process Right At the end of January 2024, the U.S. Bureau of Labor Statistics reported approximately 8.9 million job vacancies nationwide.

Hiring Software 100

Hiring Software Onboarding Software Talent Experience Recruiting Software 100

Vantage Circle

JANUARY 9, 2024

Quick Summary This blog lists the Top 15 HCM Software Platforms after a rigorous review of the top-performing HCMs in the HR space in 2024. Performance Reviews and Feedback : Conducts regular performance evaluations and provides a platform for feedback and development planning.

HR Software 64

HR Software Hiring Software Onboarding Software Planning Tools 64

EmployeeConnect

MARCH 27, 2024

In 2024 it is no debate that one of the major pain points hitting the HR industry is the ongoing costs of recruitment and trying to keep a hold of your top talent. High employee turnover not only disrupts productivity but also incurs substantial costs associated with recruitment and training of new hires.

Recruiting Software 130

Recruiting Software Hiring Software Interview Software HR Software 130

TalentCulture

JANUARY 12, 2024

million by 2024. For example, modern talent assessment platforms can determine a strong symbiotic relationship between candidates and employers by considering factors like organizational values, culture fit, and relevant career development paths. Bureau of Labor Statistics predicted a strong surge in job openings, from 150.5

Assessment Software 52

Assessment Software Hiring Software Recruiting Software Interview Software 52

Vantage Circle

JANUARY 29, 2024

Employee commitment survey benefits Employee surveys provide metric-driven insights to maintain an engaged, fulfilled workforce, supporting retention , productivity, and business results. Retention risks: By analyzing survey data, you can predict which employees are at high risk of leaving, so proactive retention measures can be taken.

Survey 59

Survey HR Software Assessment Software Planning Tools 59

Linkedin Talent Blog

MARCH 16, 2024

Employees say they’d spend more time learning in 2024 if it would help them progress toward their career goals and stay up to date in their field. They’d also spend more time on their own development if learning was personalized for their interests and goals. Companies that facilitate career development are 2.6x

Compliance Training 26

Compliance Training Onboarding Software Retention and Turnover Hiring Software 26

Analytics in HR

FEBRUARY 23, 2024

Analysis of more than 600,000 researchers, entertainers, politicians, and athletes found that high performers are 400% more productive than average ones. Top employers implement diversity hiring policies that enable them to benefit from harnessing divergent perspectives that drive innovation, productivity, and employee engagement.

Hiring Software 76

Hiring Software Recruiting Software HR Software Employer Branding 76

Workable

FEBRUARY 19, 2024

For instance, IDC’s Future of Work 2022 research predicts that by 2024, 80% of the global 2000 organizations will use AI/ML-enabled “managers” for comprehensive HR tasks, highlighting the growing reliance on AI for operational efficiency and strategic HR management. Get your free report now!

HR Software 62

HR Software Hiring Software Assessment Software Recruiting Software 62

The Perfect Hire

FEBRUARY 5, 2024

With 41% of HR professionals reporting understaffing in their departments 1 , it may seem daunting to set your sights on mastering the key HR trends emerging in 2024. Trend #1: Leader and Manager Development. Organizational culture is the second highest priority for HR leaders in 2024, according to Gartner 8. The good news?

HR Software 105

HR Software HR Trends Hiring Software Assessment Software 105

Achievers

OCTOBER 2, 2018

million people) by 2024. In fact, the Gallup News article cited above notes that organizations could experience 44 percent less absenteeism and 16 percent higher productivity if they give their workers a chance to learn and grow on the job. Moreover, the average annual employee turnover rate is 19 percent, or almost one out of five.

HR Software 92

HR Software Hiring Software Talent Experience Employee Engagement 92

Terryberry

JANUARY 16, 2024

Auto manufacturers and suppliers dramatically curtailed production. Ford: Wage Increases: 25% overall over four and a half years, including an immediate 11% increase and 3% annual raises in 2024-26 with a final 5% bump in 2027. Job Security: Commitments to new investments in US plants and increased production.

Wage and Hour Training 52

Wage and Hour Training Hiring Software Planning Tools Compliance Training 52