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Top Funding News in the HR, Recruiting and Benefits Space | 2016

Advos

Funding Announcements in the HR, Recruiting and Benefits Space | 2016. January 2016. The recruitment marketing platform Smashfly started off 2016 raising $22 million. The first of many big funding announcements in 2016. Glassbreakers raises further funding for diversity and inclusion platform. February 2016.

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Top M&A News in the HR, Recruiting and Benefits Space | 2016

Advos

M&A Announcements in the HR, Recruiting and Benefits Space | 2016. January 2016. SterlingBackcheck Made Several Strategic Acquisitions in 2016. Kronos Acquires Empower Software Solutions. Mercer Acquires Top Tier Workday Services Partner CPSG to Meet Demand for Cloud-Based Finance and HR Services.

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Algorithmic Management in Organizations: Benefits, Challenges, and Best Practices

Analytics in HR

For example, platforms like Uber, Deliveroo & UpWork manage and closely monitor their global workforce with algorithms. In fact, 40% of HR departments in international companies use AI-based tools. In addition, algorithmic systems provide performance feedback to employees and managers.

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The Rise of the People Strategy Platform

Visier

For example, HR leaders at a professional services corporation used insights gained from their Workforce Intelligence solution to drive the business to change the composition of project teams for multi-year, multi-million-dollar contracts— the result was an improvement in margins by $1-$3 M per contract. There are 2 reasons: 1.

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The Optimal HR to Employee Ratio

Analytics in HR

The HR to employee ratio is a useful tool for assessing the optimum capacity of HR in an organization. A high ratio (meaning that there are relatively many HR people working at the organization) could indicate a lower efficiency in the delivery of HR services. Contents What is the HR to employee ratio? Budget and budget control.

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5 HR Analyst Job Descriptions – A Brief Analysis

Analytics in HR

Most descriptions require some knowledge of internal tooling/HRIS. Most job focus on administrative tasks and basic reporting, very much in line with what van de Heuvel and Bondarouk noticed in 2016: HR analytics is focusing on very basic tasks. This job requires experience in R, Python or SPSS, SAS, STATA or comparable tools.

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Major Trends in HR Technology Software

Achievers

The latest development in the ever-changing world of HR technology software consists of major disrupters within the recent years, from listening tools to in-depth analytics and much more. Below are major trends in the HR technology software world: Growth of HR Software. Switching to a Cloud-Based System.