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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. The post As contingent workforces grow, Workday unveils new tool to assist HR appeared first on HR Executive.

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Will Data Scientists Become the New Global Payroll Professionals?

Immedis

Clive Humby is credited with uttering the words “data is the new oil” in 2006. Fast forward to 2017, and The Economist labeled data the most valuable thing in the world. quintillion bytes of data are produced daily by humans, while machine-generated data will account for over 40% of internet data.

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How Workday Is Delivering Next-Generation Skills Technology at Scale

Workday

Among the top challenges is the inability to connect skills data from multiple sources. Skills data exists in many applications, internally and externally: skills assessments, labor market data, recruiting applications, and learning applications, just to name a few. Next Advancement of Skills Technology.

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Top 10 Talent Acquisition Software in 2024

HR Lineup

It integrates various elements such as applicant tracking systems (ATS), candidate relationship management (CRM) , and analytics to streamline the hiring journey. Workday Workday is a comprehensive cloud-based human resources and financial management solution that includes a robust talent acquisition module.

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Crucial HR KPIs you need to make data-driven decisions

Business Management Daily

KPIs enable data-driven decision-making. The strongest decisions you can make are ones backed up by data, which is what HR KPIs provide. Employee retention rate Retention rates hit an all-time low in March 2020, and 87% of HR analytics experts consider retention a top priority. The good news?

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10 Best Workforce Planning Software in 2023

HR Lineup

It streamlines the process of workforce planning by providing data analytics, scenario modeling, and forecasting capabilities. With powerful analytics, predictive modeling, and integration capabilities, it helps organizations align their workforce with their strategic objectives.

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Workday Podcast: Don’t Take Payroll for Granted

Workday

Workday’s Mariana Santiago, vice president, payroll product management, and Stacey Harris, VP research and analytics at Sierra-Cedar, talked with me about these issues and more. That’s why on today’s episode of The Workday Podcast, I’m excited to have Stacey Harris, VP research and analytics at Sierra-Cedar.

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