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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. By analyzing vast amounts of data, these tools (in tandem with human professionals) can identify top job candidates and reduce hiring bias.

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. Which department is covering the cost of their work? What projects are they working on?

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8 Steps for Starting a Recruitment Agency in the UK

Manatal

Describing the challenge facing the recruitment industry, Recruitment & Employment Confederation (REC) Chief Executive Neil Carberry said, “As we have recovered, new headwinds have blown up, including labor shortages. Chief among the changes are rapid digitalization and the expansion of online recruitment and virtual hiring.

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Understanding the Ecosystem of Managed Direct Sourcing Suppliers

LiveHire

Yet, for many the challenge lies in how to successfully navigate new technology, partners, and processes for seamless implementation. Having a centralized model for your Direct Sourcing is key to achieving success when hiring your contingent workforce and it’s no different when engaging with a third party for Managed Direct Sourcing.

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Should you include freelancers in your talent development program?

Fast Company The Future of Work

The “2018 Future Workforce” report from freelancing website Upwork, released in February, found that 59% of hiring managers are using flexible talent–freelancers, temporary, and agency workers–which is more than double the 2017 percentage (24%). freelance workforce is growing faster than the overall U.S.

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4 Features Your HR Software Should Have

Reflektive

If you’re searching for new systems, here are four HR software features to keep an eye on. HR software is now able to gather and analyze data—on turnover trends, demographics, hiring patterns, real-time employee feedback, social networks, and more—to identify top talent and strengthen recruiting and performance management processes.

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AI evolves the hiring process

HR Digest

billion by 2027. According to a survey, 52 % of talent managers say the most challenging part of the recruitment process is identifying the right candidates from a large applicant pool, and 56% say their hiring volume will increase this year. And a major factor driving this growth and adoption is the human resources field. .