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Report: HR Trends 2024 – Navigating the Future of Work

Extensis

Trend 3: Advancing HR technology integration AI isn’t just in movie plots anymore—it’s here, and it’s here to stay. AI-powered HR tools can help organizations make decisions and manage their workforces more effectively. These technologies can also help HR functions become more efficient, equitable, and data-driven.

HR Trends 102
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The Future of Business is Talent—and the Future of Talent is AI

Oracle HCM - Modern HR in the Cloud

Business Disruption At current churn rate, 75% of the Fortune 500 will be replaced by 2027. HR can give managers and employees insights and systems beyond dashboards, so they can take swift action. Leading HR functions are adopting rapid iteration as the default for all business transformation programs.

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How To Prepare for the Future of Work: 5 Actions for HR Leaders

AIHR

In fact, 76% of HR professionals believe their organizations risk falling behind if they dont embrace AI and emerging trends within the next 18 months. Beyond buzzwords like “strategic partnerships” and “HR transformations,” its crucial to use data to evaluate HRs current state.

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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. Over the past several years, data-driven human resources (HR) has become essential to maximizing a company’s HR function and uncovering valuable information about an organization and its workforce. through 2027.

Metrics 98
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SAP HXM Strategies – HXM Move, Rise with SAP, and Alternatives

Zalaris

HXM Suite Completely in the Cloud: Shift all HR functions to the cloud, including talent management, time management, and payroll, integrating them into the existing ERP system for other tasks. However, this system is typically viable only until 2027, with extended support exceptions possible until 2030.

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61 Stats About People Operations, HR, the Workforce, Remote Work, and the Employee Experience that You’ll Definitely Want to Know if You’re in Human Resources

Zenefits

Freelancers are projected to outnumber full time employees by 2027. HR Technologist 2020 ). Workforce Technology & HR Tech. Stats on the impact and prevalence of HR technology on HR processes and the workforce at large. Only 37% of HR functions are automated, compared to IT services, which are 53% automated.

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Learning and Development

AIHR

L&D is a core HR function and a significant part of an organization’s overall people development strategy. This trend is expected to expand, with the percentage doubling by 2027. It plays a key role in attracting and retaining talent, enriching company culture, and engaging employees.