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As contingent workforces grow, Workday unveils new tool to assist HR

HRExecutive

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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2023 Top HR Tech Products of the Year: Workday VNDLY

HRExecutive

workforce will be external employees by 2027, a data point that isn’t lost on Workday. It has features to help with hiring, including prescreening, onboarding and other functions while also integrating with the Workday HCM and being available to non-Workday customers.

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4 Features Your HR Software Should Have

Reflektive

People Analytics. In fact, 77% of respondents in the Deloitte survey rated people analytics as important or very important. workforce will be freelancing by 2027. workforce will be freelancing by 2027. SEE ALSO: Reinventing Performance Management: Customer Stories. Because 43% of U.S. Click To Tweet.

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The Race to Remain Relevant in a Rapidly Changing Workplace

The Perfect Hire

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. Now is the Time. And technology will impact and transform 1.1 billion jobs in the next decade.

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Why HR and talent teams must put AI and its strategies to work—now

HRExecutive

Related: AI and hiring bias: Why you need to teach your robots well Advertisement But the impact of AI goes beyond nuts and bolts. It helps you hire faster and better.” through 2027. AI lets you focus on the right candidates, rather than spending wasted time on the wrong ones.

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The Hard Reality of Soft Skills (i4cp login required)

i4cp

Of the more than 1,000 HR and business professionals who participated in the Institute for Corporate Productivity's (i4cp) research on workforce readiness , most acknowledged that their organizations need to develop or hire people who have the skills to connect with, develop, challenge, motivate, and inspire others.

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HR Metrics That Matter

Extensis

This growing trend has led to a greater focus on and awareness of HR analytics, and the benefits a data-driven approach can have on companies, including SMBs. In fact, according to Grand View Research , the global HR analytics market was valued at $2.25 through 2027. New hire or early turnover. Cost per hire.

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