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A Case for Increasing Your Investment in Human Resources

15Five

Human resources is a critical function for optimizing your workforce. Investments in HR lead to savings in recruitment costs and a stronger bottom line. Leveraging HR technology and upskilling HR professionals allows your HR function to scale with your organization.

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The Pros and Cons of Outsourced HR Services: Is It Right for Your Business?

Hppy

Image by tonodiaz on Freepik The Advantages of Outsourced HR Services 1. Cost Savings Outsourcing HR functions can be a cost-effective solution for businesses, particularly small and medium-sized enterprises. This disconnect can sometimes lead to misalignment between company goals and HR strategies.

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HR efficiency benchmarks: the key to boosting business outcomes

HRExecutive

According to Gartners survey, the median HR functional spend as a percentage of revenue is 0.80%, a lower level of investment compared to other functions, such as finance (1.25%), IT (3.14%), sales (4.47%) and marketing (7.5%). However, a high HR cost per employee could also indicate a people-heavy HR function.

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What’s keeping HR up? 5 key takeaways about changing priorities

HRExecutive

While hiring and retaining key talent again claimed the top spot among HRs challenges, human resources continues to broaden its aperture, seemingly driven by external shifts. In 2022, for example, nearly 50% of HR professionals surveyed were focused on hiring and retention, a figure that dropped to 36% the following year and 32% in 2024.

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Practical Improvements in Organization Design

Speaker: Jon Ingham, Executive Consultant, Strategic Dynamics Consultancy Services

HR functions need to balance their investment in talent management with more focus on organisation design. HR managers, business partners, organisation design advisors and other professionals in the HR function should be looking to support more strategic activities by making practical improvements in organisation design.

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Everything #HR Needs to Know About Machine Learning

HR Bartender

All of these are use cases that HR professional have confronted for decades, but the growth of Big Data means machine learning tools are now capable and even needed to confront these familiar problems. Can you give readers an example of how can machine learning can actually help people do their jobs?

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6 HR functions using gen AI in a big way

HRExecutive

Consider this rapid shift: In 2023, 22% of HR functions reported experimenting with or using gen AI. “Today, we’re starting to see HR catch up,” says Kevin Oakes, CEO and co-founder of i4cp, who spoke last week during HR Tech in Las Vegas. .”