article thumbnail

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

HRExecutive

In 2009, slightly more than 50% of these companies adopted a VMS and in 2022 it jumped to 80%. 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.

article thumbnail

HR KPIs: Guide, 20 Examples & Free Template

AIHR

HR KPIs provide valuable insights that help improve decision-making, monitor workforce performance, and plan for future talent needs in multiple ways, such as: Aligning HR activities with business goals: HR uses KPIs to ensure that its strategies, like hiring or employee development, contribute directly to broader company objectives.

Insiders

Sign Up for our Newsletter

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

article thumbnail

Workforce Planning for Your Next Fiscal Year in a Time of Uncertainty

Cisive

Because the company had an emergency response team in place, they also had an opportunity to test it in 2009 when the San Antonio suburb of Cibolo became the first place in Texas with confirmed cases of H1N1, commonly known as swine flu. The personnel department studied how Chinese retailers were managing a workforce that was getting sick.

article thumbnail

Understanding the Ecosystem of Managed Direct Sourcing Suppliers

LiveHire

of the US workforce now comprises non-employees (i.e. With the rapid rise of the contingent workforce, there is a heightened need for business model evolution to keep pace with the demands of this changing dynamic. . As such, Direct Sourcing is becoming the leading trend in contingent workforce management today.

article thumbnail

The state of inclusion this National Disability Employment Awareness Month, and what’s needed next

HR Brew

The current unemployment rate of disabled workers is 7.2%, a record low since the Bureau of Labor Statistics started tracking the figure in 2009 and down from a high of 15% in 2012, according to the Center for American Progress. Some 89% of companies now have a disability ERG. Looking ahead.

article thumbnail

Talent As A Critical Resource

ExactHire

The following quote I recently read sums it up nicely: “The changing workforce is influencing the way companies do business, suggesting that workforce stability will be an employer’s competitive edge.”-Roger Herman, CSP, CMC Today’s Workforce Demographic shifts have placed vital demands on talent.

Resources 130
article thumbnail

7 Top Job Satisfaction Statistics You Need to Know

15Five

January 2009, when 30% of employees were extremely satisfied. That makes these surveys a great way to gauge job satisfaction, and performance management tools like 15Five are purpose-built for this. In Gallup’s 2024 survey, only 18% of employees said they were extremely satisfied with their organization. That highest point?