article thumbnail

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. 2 with 14%, according to the SIA report. 2 with 14%, according to the SIA report. It takes strategy. “I

article thumbnail

Report: HR Trends 2024 – Navigating the Future of Work

Extensis

Quick look: The human resources industry has changed substantially in the last several years—a pattern that will continue in 2024. In the ExtensisHR 2024 Trends Report, review the top 10 latest industry developments and the steps your business can take to succeed, straight from our internal thought leaders.

HR Trends 102
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Understanding the Ecosystem of Managed Direct Sourcing Suppliers

LiveHire

60% of organizations surveyed by Staffing Industry Analysts (SIA) are aiming to prioritise Direct Sourcing over all other workforce strategies in the next 2 years. Billion by 2027. As such, Direct Sourcing is becoming the leading trend in contingent workforce management today. Staffing Partners. However, it is expected to reach US$11.5

article thumbnail

What Are SOC and NOC In Cyber Security? What’s the Difference?

U-Next

Introduction The cybersecurity industry is growing rapidly, and it’s expected to continue to grow in the coming years. By 2027, the cybersecurity market is anticipated to expand at a CAGR of 13.37%. Security Operations Centre (SOC) and Network Operations Centre (NOC) are key positions in any cyber security team.

article thumbnail

Celebrating Our Heroes: How Nurse Appreciation Week Sheds Light on the Critical Issue of Burnout and Nurse Shortage

DailyPay

The healthcare industry as a whole is grappling with widespread issues of burnout and staff shortages , affecting not only nurses but also doctors, therapists and administrative personnel. Another 610,388 RNs reported an “intent to leave” the workforce by 2027 due to the same reasons.

article thumbnail

8 Steps for Starting a Recruitment Agency in the UK

Manatal

The reshuffle of labor, acceleration of digitalization, and lingering concerns about COVID risks have exacerbated talent shortages in certain industries despite the surge in job openings. The 2020 figures show what the industry can do in times of crisis, and 2021 has shown unprecedented vacancies.

article thumbnail

Bosch Announces Job Cuts, Deals Another Blow to the Automotive Industry

HR Digest

The EV industry has claimed another victim, with Bosch announcing job cuts in 2024. According to Reuters , the company is planning to cut 3,500 jobs by the end of 2027 in its cross-domain computer solutions division, as a result of weak demands for intelligent driver assistance systems.