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Report: HR Trends 2024 – Navigating the Future of Work

Extensis

Designed to highlight critical industry developments, ExtensisHR’s 2024 Trends Report features insight from our professional employer organization (PEO) subject matter experts. Here, we summarize the report’s 10 key points, from the need to focus on an increasingly diverse workforce to the growing role of artificial intelligence (AI) in HR.

HR Trends 102
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As contingent workforces grow, Workday unveils new tool to assist HR

HRExecutive

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. Do they know the company systems and sites they have access to? What projects are they working on?

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Why HR and talent teams must put AI and its strategies to work—now

HRExecutive

Some experts call it a step toward machines that will reason and converse, while others contend it’s simply a neat, rapid approach to performing statistical analysis. But as with most technologies, users don’t really care about what goes on under the system’s hood. It helps you hire faster and better.” through 2027.

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AI evolves the hiring process

HR Digest

The adoption of artificial intelligence (AI) by businesses has increased by 270 percent in the last four years and is expected to reach $266.92 billion by 2027. In particular, it is the talent acquisition division that is seeing a greater trend towards AI. Onboarding process made easy with AI. Advantages of AI.

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Concerned about retention? Prioritize AI upskilling

HRExecutive

Learning and development leaders are well-positioned to meet this challenge and offer strategic learning opportunities that drive growth and retention. In a competitive labor market where employers face persistent retention and recruitment challenges , developing internal talent is more important than ever.

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The outlook of AI on businesses and hiring

Adzuna Blog

AI, once a bold vision of the future, is now becoming a prominent reality in the business world. Here are five key takeaways businesses should be aware of, as well as how existing AI tools can help you as an employer to find quality candidates faster. What WEF says about AI 1.

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Big Changes for Overtime! What Employers Need to Know About the New DOL Rule 

MP Wired For HR

Starting July 1, 2027: The salary threshold will be automatically adjusted every three years. Train your managers and affected staff: Train managers on how to manage overtime costs and employees on their new rights and responsibilities. Related Posts Don’t Be Left in the Dust: Why AI Needs an HR Policy (AI Zip Drive Included!)