Case Study: Strategic Workforce Planning for Rail Infrastructure Managers
Analytics in HR
MARCH 30, 2020
So, achieving the right number of certified operators requires the operation to gradually reduce the number of workstations.
2027 Related Topics 
Why Social Media Screening is Vital to Mitigating Risk and Building a Quality Workforce
AccuSource
MARCH 14, 2024
billion by 2027. Personal social media presence and employee posting of online content can result in both positive benefits and negative consequences for employers. According to DemandSage, “there are 4.95 billion social media users worldwide in 2024,” and this number is expected to reach 5.85 billion), WhatsApp/YouTube (2.7
Screening 
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From Awareness to Action: An HR Guide to Making Accessibility Accessible
Unlocking Employee Potential with the Power of Continuous Feedback
Trending Sources
As contingent workforces grow, Workday unveils new tool to assist HR
HRExecutive
MAY 9, 2023
Advertisement - On average, 36% of the workforce for Fortune 500 companies are non-employees and that figure is expected to rise to 50% by 2027, Shashank Saxena, co-general manager for Workday VNDLY, tells Human Resource Executive.
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Report: HR Trends 2024 – Navigating the Future of Work
Extensis
DECEMBER 20, 2023
Further, skillsets for jobs have changed by around 25% since 2015, a figure that’s expected to double by 2027. According to the American Staffing Association, 80% of U.S. employees consider a potential employer’s professional development and training offerings important when accepting a new job.
HR Trends 101
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Tackling an RPO Model in 2023 to Accelerate Agency Growth
With the global RPO market estimated to reach over $21 bn by 2027, it’s become clear that exploring the RPO model might be the most beneficial way of accelerating growth at their agency. This ebook talks about RPO models, advantages, and opportunities.
McDonald’s US CPO Tiffanie Boyd explains why the chain ties HR goals to performance
HR Brew
JANUARY 23, 2024
McDonald’s has set ambitious business goals for the next three years, with plans to open almost 10,000 additional restaurants globally by 2027 and drive an additional $25 billion in sales from its loyalty program, up from around $20 billion currently. 7, the day after McDonald’s announced this expansion.
HR Software 150
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Office Hours: In 2030, Expect to See AR, VR and 3D Data
Cornerstone On Demand
NOVEMBER 7, 2018
As just one example, the big data marketplace, sitting now $42 billion, is projected to grow to $103 billion by 2027, and will change how candidate and employee data is gathered, stored and analyzed. Holger Mueller, VP and principal analyst at Constellation Research, is strapping in for that rapidly changing, well-funded future.
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What Are SOC and NOC In Cyber Security? What’s the Difference?
U-Next
FEBRUARY 27, 2023
By 2027, the cybersecurity market is anticipated to expand at a CAGR of 13.37%. Introduction The cybersecurity industry is growing rapidly, and it’s expected to continue to grow in the coming years. Security Operations Centre (SOC) and Network Operations Centre (NOC) are key positions in any cyber security team.
Why Audiovisual Pioneer Dolby is Investing in Its Contingent Workforce
Eightfold
OCTOBER 27, 2022
workforce will be freelancers by 2027, extending positive experiences to this essential group of workers is increasingly important to strengthen your talent pool and build positive associations with your brand. . With projections that more than 50 percent of the U.S.
17 Text Recruiting Statistics You Should Know | ClearCompany
ClearCompany HRM
MARCH 1, 2023
billion by 2027. Check out the stats to find out just how prevalent mobile devices have become: 1. 97% of U.S. adults have a cell phone. 15% of American adults are smartphone users who do not have home internet services. There are six billion active smartphone subscriptions globally , a number expected to exceed 7.6 In the U.S.,
Why You Need to Invest in HR Tech and Analytics Now | ClearCompany
ClearCompany HRM
JUNE 17, 2021
The market for talent management tools is forecasted to grow 13% by 2027. As we begin to see signs of recovery from this past year and start looking toward the future, one thing is clear — companies will undoubtedly increase their reliance upon strong and effective HR technologies to facilitate business. from 2017 to 2025. Source ).
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The Race to Remain Relevant in a Rapidly Changing Workplace
The Perfect Hire
APRIL 16, 2024
In fact, employers believe that 44% of workers’ skills will be disrupted in the next five years and that six in 10 staff members will require training before 2027 , according to the World Economic Forum’s Future of Jobs Report. Employers Feeling the Burn. Now is the Time. And technology will impact and transform 1.1
The EEOC’s New Areas of Focus Will Upend Recruiting Processes
Evil HR Lady
FEBRUARY 7, 2023
If its new policies are implemented, they will go into effect for the fiscal year 2023 through 2027. Its current Draft Strategic Enforcement Plan was announced in January, with a public commentary period that ends Feb. At that point, the EEOC will decide how to move forward.
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2023 Top HR Tech Products of the Year: Workday VNDLY
HRExecutive
AUGUST 29, 2023
workforce will be external employees by 2027, a data point that isn’t lost on Workday. With this, organizations gain visibility into their total workforce, helping businesses to better plan with the entire workforce in mind. Advertisement - Why we like it: Several studies are predicting that at least half of the U.S.
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The Future Is Freelance: Why Companies Should Be More Strategic About Working With Solopreneurs
Cornerstone On Demand
DECEMBER 13, 2017
million by 2027. The phrase “gig economy" has been bandied about quite a bit in the past five years, and for good reason: according to Upwork's Freelancing in America survey , there are currently 57.3 million freelance workers in the U.S., and that number is predicted to reach 86.5
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SAP HXM Strategies – HXM Move, Rise with SAP, and Alternatives
Zalaris
FEBRUARY 18, 2024
Based on this, we collaboratively create an individual SAP HXM strategy tailored to your company’s requirements, considering the announced maintenance end for 2027 to take timely measures and ensure a smooth transition. However, this system is typically viable only until 2027, with extended support exceptions possible until 2030.
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Workers are stressed. Here’s how tech can help
HRExecutive
SEPTEMBER 7, 2023
It’s anticipated that, between 2023 and 2027, there will be an annual growth rate of 13.32% in this sector. billion by the year 2027. This robust expansion is projected to culminate in a market volume reaching approximately $47.7
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4 Features Your HR Software Should Have
Reflektive
JULY 11, 2018
workforce will be freelancing by 2027. workforce will be freelancing by 2027. Because 43% of U.S. employees work remotely at least part of the time, and there were over 57 million freelancers in the U.S. And that trend will only continue, as experts project that over 50% of the U.S. Experts project that over 50% of the U.S.
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5 Ways Outsourcing Improves the Productivity of Businesses
Hppy
FEBRUARY 1, 2024
billion by 2027, showcasing the rising trend of businesses turning to virtual assistance for operational efficiency. Streamlining Core Business Tasks through Virtual Assistance The burden of core business tasks can be overwhelming for qualified employees, consuming time that could be better spent on more critical aspects of the business.
New Priorities in EEOC’s Proposed Five-Year Strategic Enforcement Plan
HRWatchdog
JANUARY 31, 2023
Equal Employment Opportunity Commission (EEOC), which enforces federal anti-discrimination laws in the workplace, has released a proposed strategic enforcement plan for fiscal years 2023 through 2027 for public comment.
Why to Be Strategic About Working with Freelancers
Cornerstone On Demand
DECEMBER 13, 2017
million by 2027. The phrase “gig economy" has been bandied about quite a bit in the past five years, and for good reason: according to Upwork's Freelancing in America survey , there are currently 57.3 million freelance workers in the U.S., and that number is predicted to reach 86.5
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The outlook of AI on businesses and hiring
Adzuna Blog
AUGUST 1, 2023
AI features near the top of the list within technology adoption, with three quarters of companies (74.9%) looking to adopt AI by 2027. Interestingly, relative to 2020, employers have revised down their expectations for future automation of all tasks by 5% – from 47% automation by 2025 in 2020 to 42% automation by 2027 from now.
Understanding the Ecosystem of Managed Direct Sourcing Suppliers
LiveHire
JULY 8, 2021
Billion by 2027. From 2013 it has been estimated 75% of Fortune 1000 companies have been using VMSs to manage contingent workers. During the global pandemic the global Vendor Management Software market was estimated at US$5.1 However, it is expected to reach US$11.5
CSRD Reporting Standards Take Effect January 1, 2024
Trusaic
SEPTEMBER 26, 2023
January 2026: Listed SMEs, including non-EU listed SMEs, and other undertakings (Reporting in 2027 on 2026 figures ). January 2025 : Large organizations not currently subject to the NFRD, including companies with a parent company based outside of the EU. Reporting in 2026 on 2025 data ).
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130 Take it From a Futurist: How HR Teams Can Play a Larger Role in Their Company's Future Success
Cornerstone On Demand
SEPTEMBER 26, 2018
By 2027, the average company's time on the S&P 500 will be 12 years, according to Innosight's 2018 Corporate Longevity Forecast —compare that to 24 years in 2016. What's the Future of Your HR Department? This statistic shows that today, companies have to fight harder for dominance.
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A Job Description That Will Get You Top Web3 Talents
Ongig
OCTOBER 4, 2023
Research has shown that the blockchain market size could grow significantly in the future, approximately 68% through 2027. million by 2027 (by TheExpressWire) How To Get A Job In The Web3 Space? (by So, by hiring Web3 talent, companies can leverage its benefits while staying one step ahead.
The Future of Work is More Human Than You Might Think
The Muse
DECEMBER 13, 2017
Three predictions about work in 2027 from WeWork, The Muse, Google, and more.
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LSAs: A Creative Way to Close Employee Skills Gaps
TalentCulture
JANUARY 24, 2024
As a result, 60% of individuals will require training before 2027 to continue performing well in the rapidly changing world of work. Research from The World Economic Forum estimates that 44% of workforce jobs will be disrupted within the next five years. That’s what organizations need. But what do employees need from their employers?
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Why Cloud? Why Now? Part One
Genesis10
MAY 15, 2020
When SAP recently extended maintenance support for core applications of SAP Business Suite 7 software through 2027, some organizations, understandably, breathed a sigh of relief. Earlier it had said that maintenance would end in 2025.
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Gig Economy Growth Predictions, 2023: How High Inflation, Higher Interest Rates Affect Gig Work & Direct Selling
Rallyware for Human Resources
JULY 6, 2022
If you’re worried about the growth of the gig economy, it’s important to remember that gig work is still forecast to grow to 50% of the economy by 2027. workforce by 2027 , and economic challenges might speed up that transformation. Gig Economy Growth – Top Trends for Next Year. Technology’s Role Will Become Even More Critical.
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Can your payroll system meet the challenges of the gig economy?
Sage HRMS
MAY 7, 2018
The gig economy is booming: As of 2017, more than 57 million Americans consider themselves freelancers, a group that will make up the majority of the workforce by 2027. Whether companies need a web development expert to finish a new app, or packing and delivery teams for peak shopping seasons, companies large and small are […].
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Should you include freelancers in your talent development program?
Fast Company The Future of Work
NOVEMBER 8, 2018
Upwork’s report predicts that the workforce will be majority freelance by 2027. freelance workforce is growing faster than the overall U.S. workforce, outpacing overall U.S. workforce growth at a rate three times faster since 2014. Winning the Freelance Talent Wars.
British Columbia Poised for Pay Transparency Legislation
Trusaic
APRIL 6, 2023
BC’s Pay Transparency Act requirements Once the legislation is passed, employers will gradually be required to post pay transparency reports through 2027 as follows: November 1, 2023: B.C. In response, MLA Kelli Paddon, the parliamentary secretary for gender equity, has affirmed the B.C. BC Transit, ICBC, and Work Safe BC.
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AI’s massive energy drain and its HR and ESG implications
HRExecutive
JANUARY 19, 2024
“In a middle-ground scenario, by 2027, AI servers could use between 85 to 134 terawatt hours annually,” according to the article. .” Energy consumption of AI servers The New York Times recently reported on a peer-reviewed study about the growing energy footprint of artificial intelligence by Alex de Vries, a Ph.D.
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Health and Wellbeing: Less Zoom Yoga, More Trust
Disruptive HR
APRIL 2, 2024
It currently stands at $53 billion and is set to grow to $97 billion by 2027. Or should we look at the things we do that create/add to the stress in the first place and try and reduce those? Health and wellbeing at work is now a massive industry. That’s a lot of yoga classes and Fitbits.
How Telemedicine Will Have Lasting Effects in Healthcare
Precheck
SEPTEMBER 13, 2021
The bill also authorizes coverage for all other telehealth through 2027. Signed into law in July 2021, HB 3308 requires insurance reimbursement parity for virtual mental health and substance use disorder services. Improved healthcare access and outcomes.
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New EEOC SEP Doubles Down on Employment Discrimination
Trusaic
FEBRUARY 16, 2023
The newest Strategic Enforcement Plan will be in effect from 2023-2027. Where can I find the full 2023-2027 Strategic Enforcement Plan? EEOC and SEP guidelines for an equitable workplace For 2023-2027, the SEP will emphasize six major subject matter priorities, which are as follows: 1.
Mercer study: AI, HR leaders, talent and the ‘art of the possible’
HRExecutive
MARCH 12, 2024
More than half of executives expect AI and automation to deliver a 10%-30% boost to their organization’s productivity by 2027, according to the report, and many business leaders are counting on even more. . “This is such a momentous ball that’s rolling,” she says.
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How policy changes are making offering a 401(k) more affordable than ever
Guideline
APRIL 1, 2024
Even if you can’t swing the match, employees earning low income might still qualify for the new Saver’s Match, a program that starts in 2027. aims to make this benefit a little more tempting for employers with an additional tax credit for employer-matching — up to $1,000 per employee.
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2023 Recapped: Our Top 5 HR Blogs for SMBs
Extensis
DECEMBER 14, 2023
It’s estimated that the HR outsourcing market will grow to over $13 billion by 2027 , and this isn’t surprising when you consider 70% of HR professionals feel they’re working beyond typical capacity, according to SHRM’s 2022-2023 State of the Workplace Study. What is Employee Leasing and How Does It Differ from PEO?
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104 Advantages of New Technology in the Workplace
Reflektive
JANUARY 19, 2018
workforce by 2027 – and many companies adopting flexible work-from-anywhere policies, employees need to be able to access technology systems remotely. Click To Tweet. Mobility and Remote Connectivity. With the growth of the freelancer economy – freelancers are expected to become the majority of the U.S.
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Unlocking Business Potential with Custom HR Solutions
Hppy
AUGUST 29, 2023
The HR management software (personnel and organization) market is expected to register a CAGR of 11.15% from 2022 to 2027 as per Mordor Intelligence. This is where custom software development comes in – tailor-made, versatile, and designed to adapt to the intricacies of your business and HR needs.
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Hospitality Students Predict The Future Of A $4.7 Trillion Industry
Forbes Leadership Strategy
NOVEMBER 6, 2023
dollars in 2027. The global hospitality market reached nearly 4.7 trillion U.S. dollars and was forecast to grow to 5.8 trillion U.S. What does the future hold?
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8 Steps for Starting a Recruitment Agency in the UK
Manatal
MAY 31, 2022
CAGR between 2020 and 2027 despite the impact on hiring during the worst of the pandemic. Chief among the changes are rapid digitalization and the expansion of online recruitment and virtual hiring. The global online recruitment market is expected to exhibit a 7.1%
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