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Last year one of our most popular posts on the blog was a recap of some of the 2020 M&A activities across the HR Tech landscape. We tracked more than 80 different mergers and acquisitions across the HR technology space, and some of the ones we think are interesting or particularly notable are listed below. Overall Trends/Insights.
For those that want to ascend the professional ladder, the question becomes how do we make self-improvement a more pressing matter? According to the State of the Global Workplace 2021 report (done by Gallup), only 20% of employees felt engaged in 2020. Very few lacked a certain desire to improve their professional position.
National unemployment has ascended to levels not seen since the Great Depression and anti-Black racism has once again forced itself to the forefront of national conversation. Donations and public confirmations of allyship seem like simple solutions to complex problems. In 2020, the language we use to talk about work has evolved.
As an unfortunate side-effect, employees’ expertise becomes tied to a specific function that may or may not become obsolete or outdated, as technological/market trends move on. . From December 2020 to November 2022, during 2 consecutive recessions, the industry is still thriving and looking for skilled labor. .
EWA is soaring in popularity across the country as a solution to attract talented workers. It gives employees access to their earned wages between paychecks from a mobile app and creates an edge for employers in an employee-driven market. 90,000 full-time positions were slashed in 2020. 30,000 workers were placed on furlough.
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