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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.

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Take it From a Futurist: How HR Teams Can Play a Larger Role in Their Company's Future Success

Cornerstone On Demand

The future is scary when you have no idea what's coming—but that doesn't mean companies and their human resources teams are powerless in preparing themselves. By 2027, the average company's time on the S&P 500 will be 12 years, according to Innosight's 2018 Corporate Longevity Forecast —compare that to 24 years in 2016.

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Future Trends in Human Resources Into the Future

6Q

The same is true for human resources. Year 2027: Data analytics/Usage and hologram conferencing. Data analytics/Usage. One instance of technology in data analytics and usage is Howspace AI. By 2027, well over half of the workforce is expected to be working remotely. It seemed completely outlandish!

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Advantages of New Technology in the Workplace

Reflektive

The goal for any new office technology is to speed up workflow processes, giving your employees the ultimate resource – more time – to focus on the important work. workforce by 2027 – and many companies adopting flexible work-from-anywhere policies, employees need to be able to access technology systems remotely.

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Smarter, Faster, Stronger: How Distributed Workforce Analytics Software Improves Business KPIs ?

Rallyware for Human Resources

Workforce analytics has come a long way in a short time. Just check out this list of ‘ top 10 HR analytics tools in 2018 ’ – only four years ago, but lightyears away in the age of the digital transformation. Now, workforce analytics tools do not only measure and track data passively – they improve business KPIs.

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Employment laws are changing. How tech can create a ‘culture of compliance’

HRExecutive

Human resource management systems (HRMS) centralize employee information, enabling accurate maintenance of compliance-critical data such as payroll, benefits and leave management. Nutt emphasized that HR compliance is also a “smart business move,” as analytics tools can identify potential risks or gaps.

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The Hard Reality of Soft Skills (i4cp login required)

i4cp

(CEO of ROI Institute and Chair of i4cp's People Analytics Board ) noted a year ago: " Pre-COVID projections placed the soft skills training market on a path toward immense growth. According to Transparency Market Research , the global soft skills training market will reach a value of US $38 Billion by 2027."