Remove 2027 Remove Hiring Software Remove Retention and Turnover
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Report: HR Trends 2024 – Navigating the Future of Work

Extensis

Get Full Report Today’s workforce demands, technological advancements, and shifting demographics are causing the human resources (HR) industry to transform rapidly. Trend 3: Advancing HR technology integration AI isn’t just in movie plots anymore—it’s here, and it’s here to stay. Take, for instance, the role AI plays in recruiting.

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A Look Back at the Top Hiring Challenges of 2023

ApplicantStack

At the start of 2023, we covered some of the expected hiring trends throughout the year. Now, we’re taking a look back to see which of those trends impacting hiring efforts for employers. Dive into the hiring challenges faced by recruiters and managers in 2023 as we prepare to start a new year. working in such roles.

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New Minimum Wages Are Coming to Florida

Zenefits

And further annual adjustments after 2027 are dependent on increases to the Consumer Price Index for Urban Wage Earners and Clerical Workers (CPI-W). Higher minimum wages also allow workers to focus on a single job (rather than multiple), decrease employee turnover, increase productivity, and bring more money into local economies.

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The Hard Reality of Soft Skills (i4cp login required)

i4cp

Of the more than 1,000 HR and business professionals who participated in the Institute for Corporate Productivity's (i4cp) research on workforce readiness , most acknowledged that their organizations need to develop or hire people who have the skills to connect with, develop, challenge, motivate, and inspire others.

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Mercer study: AI, HR leaders, talent and the ‘art of the possible’

HRExecutive

More than half of executives expect AI and automation to deliver a 10%-30% boost to their organization’s productivity by 2027, according to the report, and many business leaders are counting on even more. Improving workforce planning is also a leading priority for HR leaders, who predict (on average) nearly 20% turnover in 2024.

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New Year, New HR Trends for Brokers to Know

Extensis

Embracing HR technology The latest technological tools aren’t just fun and novel—they’re increasingly necessary for businesses to stay afloat. For example, when used in tandem with human recruiting professionals , AI can analyze large data sets to identify top job candidates and reduce hiring bias.

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HR Metrics That Matter

Extensis

From turnover rate to revenue per employee, let’s explore the 14 most critical HR metrics for today’s SMBs. through 2027. Turnover rate. Turnover metrics can be beneficial in gauging a company’s culture, recruiting strategy, and more. Turnover Rate = (Number of Separations / Average Headcount) x 100.

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