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Quick look: A new year is here, and with it comes a fresh set of workplace trends, from further incorporating artificial intelligence into daily tasks to designing comprehensive succession plans. To foster success in 2025, clients should confirm their benefits packages remain relevant or adjust them accordingly.
Managing a companys headcount efficiently is essential for ensuring optimal workforce utilization, controlling costs, and maintaining a healthy organizational structure. In 2025, organizations are increasingly adopting headcount management software to streamline employee data management, optimize workforceplanning, and forecast future needs.
One of my favorite activities every year is pulling together some of the insights of the previous year to highlight, and we’re already seeing 2025 movement right out of the gate with the Paychex acquisition of Paycor just announced. Looks like an exciting year ahead! 2) Employers look to providers for expertise, not just product.
In 2025, people analytics has emerged as a transformative force, enabling HR professionals to gain deeper insights into employee behaviour, engagement, and performance. By leveraging people analytics, organisations can uncover patterns, predict outcomes, and make informed decisions that enhance workforce management.
As noted by Gartner’s 5 HR Trends for 2025 , more than 75% of HR leaders consider that managers are overwhelmed; 70% report their present leadership programs are not getting them ready for the future. In 2025, businesses face compliance challenges, especially concerning data privacy, labor laws, and remote work policies.
For HR professionals, understanding the Social Security payment schedule for 2025, particularly the March 2025 Social Security checks , is not just a matter of curiosity but a vital component of supporting employees and retirees alike. Curious about Social Security March 2025 payments? For most beneficiaries.
In 2025, businesses can no longer get away with ignoring technology at work. What to Look for While Making HRIS Comparisons in 2025? Will it be able to manage bonuses and other compensation plans? Comparing BambooHR and Workday for 2025 requires us to look at a few different facets of the tools.
But it’s essential for businesses to equip their workforce with the skills to leverage this new tech effectively, especially in today’s dynamic market where adaptability is key. On top of this, the half-life of skills is shrinking fast, with experts predicting that half of today’s workforce’s skills will be outdated by 2025.
Quick look: As 2025 unfolds, a new wave of human resources trends is emerging. The ExtensisHR 2025 Trends Report highlights the top five shifts, complete with actionable insights from industry thought leaders.Below is a quick recap of the report, which can be downloaded using the form below.
An estimated 50 percent of the oil and gas industry’s workforce is set to retire in the next five to seven years, a phenomenon known as the Great Crew Challenge. Largely because one of the biggest demographic changes to the makeup of the labor market is upon us — the retirement of the baby boomer generation. will be 65 or older.
This involves setting up competitive salary packages and comprehensive benefits plans, such as health insurance and retirementplans. Regularly reviewing and adjusting these plans ensures they remain aligned with industry standards.
In today’s environment of rapid change, forward-thinking organizations recognize the need for strategic workforceplanning. However, there is one cohort that is often overlooked in workforceplanning – the older worker or “late-stage careerist.” will be over the age of 55.
One in five have quit their jobs since 2020, and 47% plan to by 2025. Do you know which workforce skills your company will need and how you’ll meet the demand? Workforceplanning analytics can help you bridge gaps preemptively for a consistently proficient workforce.
Challenges such as the impending retirement cliff, an increasing skills gap and talent shortages, as well as the persistent difficulty of retaining top employees—who are creating havoc across all companies and industries. In fact, Millennials will make up 75% of the global workforce by 2025. Today, we’ve already reached 36%.
Their wealth of knowledge and experience can fuel the digital transformation taking place in the industry—but all too often, the aging workforce is underutilized. Fastest-Growing Workforce Demographic in Financial Services. The growth of aging workers indicates that many are not retiring—they’re staying in the workforce.
reach retirement age? This development, combined with the continuous need to reskill and upskill employees across all industries, further emphasizes the importance of succession planning and succession planning tools for organizations. In this article, we discuss 18 succession planning tools and software.
Also, if multiple experienced employees are eligible for retirement or resign at the same time, it may create a skills gap. The company is laying off 5% of its workforce by 2025 to boost profitability. During the competitive employment climate of the pandemic era, Bank of America built up its workforce.
The right HR software can help streamline recruitment, training, payroll, and workforce management while ensuring high-quality patient care. Here are the 10 best healthcare HR software solutions in 2025, each offering unique capabilities to meet the diverse needs of healthcare organizations.
In this blog post, weve compared the 12 best HCM solutions for 2025 to help you make an informed decision. These processes ensure the smooth experience of employees from the hiring process till retirement. WorkforcePlanning: Advanced analytics and forecasting tools help in optimizing workforce strategy.
The American Medical Association predicts a shortage of 130,000 physicians across all specialties by 2025. Other recent reports point to current shortages of IT staff and an estimated one-third of the nursing workforce hitting retirement over the next 10 to 15 years.
According to CIPD , more organizations are collecting workforceplanning and resourcing data, with 24% collecting data on their recruitment processes’ ROI, up from 13% in 2022. If the data used to train AI-enabled recruitment software is biased, it will also generate biased outputs.
Back to Blogs 3 hiring trends in the financial services industry April 8, 2025 Written byTrevor McGlochlin, Research Consultant The financial services industry has seen big changes in hiring trends within the last few years. 3 financial services industry trends to consider for hiring 1. A key factor?
About 4 million US workers have left the job market since Covid-19 due to safety issues, retirement, child-care needs, and the mismatch of desired skills or locations. Amazon plans to spend $700 million on technology training by 2025 to help employees learn and move to higher-skill jobs. factory — and the savings.
Social Security payments are making headlines in March 2025, leaving HR professionals into the fray. With Social Security March payments now hitting accounts, some with Social Security $2,000 payments, and rumors of an extra Social Security check, heres how Social Security benefits in 2025 are hitting your workforce.
Ideally, employees who refer others, work until retirement and never consider seeking employment elsewhere. But, in today’s workforce, is it possible for any employer to get all the things they want? By 2025, it’s expected that 36.2 It’s not just a fad. million Americans will be working remotely.
His specialties include Hyper-growth, workforceplanning & global headcount, performance model design & adoption, and DEI. He helped Best Buy launch its support and investment in diverse businesses and BIPOC by 2025. . The organization aims to empower women in animation and reach a gender balance by 2025. .
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