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2022 Was Another Record Year for HR Tech: See 20+ M&A Activities that Shaped the Market

Lighthouse

Last year one of our most popular posts on the blog was a recap of some of the 2021 M&A activities across the HR Tech landscape. We tracked more than 100 different mergers and acquisitions across the HR technology space, and some of the ones we think are interesting or particularly notable are listed below.

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Bersin: How do we hire in this crazy labor market?

HRExecutive

Following are the recommendations I give to HR leaders trying to tackle today’s hiring challenges. The biggest factor in recruiting great people is creating what we call an irresistible company. But in our list of 80 recruiting practices, the real wage issue is fairness, which is sixth in importance.

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Recruiting firms say AI and automation drive revenue growth

HRExecutive

As more automation and AI tools hit the market, HR leaders (and, frankly, HR tech editors) are eager for data on their efficacy for specific use cases. A manageable time to hire seems to be key, as the study found that firms that place candidates within 20 days or less were more likely to experience increased revenue.

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5 Best Practice Tips for Reducing Time-to-Hire

PeopleStrategy

In fact, according to Zywave’s 2022 Attraction and Retention Benchmarking Overview, finding and keeping great employees is considered one of the top-five problems by 75% of businesses surveyed. Time-to-hire is a metric that measures how quickly a company can select and hire a job candidate.

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5 Benefits of Hiring a Temporary Worker

Hppy

Whether this is to fill a gap in staffing, help clear a backlog of work, or assist with a new project, a temp candidate can be an immediate and effective solution. In fact, the number of temporary workers in the UK rose by 63,000 in 2022 , showing how valuable the impact of temporary staff can be for businesses up and down the country.

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Why employees are redefining what work will look like in 2022

HRExecutive

As we continue to see such significant change, what will the world of work look like in 2022? As we head into 2022, employees are driving work’s transformation. This includes maximizing workforce flexibility through working arrangements, benefits programs and policies, and giving workers the tools they need to be successful.

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HR’s next big challenge: Ageism in the workplace

HRExecutive

workforce diversifies in age, HR leaders are challenged to create policies and practices that appeal to five highly distinct generations. Yet, recent research has found that many employers are not offering environments conducive to recruiting or retaining these professionals. As the U.S. Advertisement - According to the U.S.