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Showing posts with the label retention

HR Adopts Digital Business Transformation

Nearly half of Human Resource (HR) leaders polled cited technology as their top investment priority. Gartner's latest survey revealed the other top investment areas for HR leaders in 2023 are staffing and recruiting, employee total rewards, plus learning and development. HR leaders reported intense competition for skilled talent, and global candidate supply constraints. Instead of opting for simple cost-cutting measures, leading organizations are focusing on growth and determining which investments will drive competitive advantage in the year ahead. To optimize costs and drive growth, HR leaders will act on a few key investment imperatives. HR technology can trigger cost savings in HR administration, which has seen a drastic uptick in cost due to pandemic-related tasks, and Remote or Hybrid work arrangements. HR Technology Market Development Gartner's research shows yearly spending on HR administration increased from $155 per employee in 2021 to $194 per employee in 2022. Howev...

Long-COVID Risk Impact on The Future of Work

Two years of the global COVID-19 pandemic forced many organizations to operate remotely -- with the majority of knowledge worker employees working from home. While the virus evolved into new variants, some business leaders were already contemplating a 'return to office' scenario. Clearly, some leaders struggle to understand what their employees want, and how to support them to do their jobs in the most safe, productive, and satisfying way. However, the predictable significant increase in employee resignations should help them to reconsider. Future of Work Solutions Market Development IDC recently published results from a survey of the Asia-Pacific (APEJ) region, which provides insights for companies to understand their workforce and how to accommodate them to ensure the best productivity and business continuity. "Great Resignation is the latest buzzword. As employees reassess their current employment, talent retention is a top business agenda item for organizations," ...