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India is more than 7,000 miles away from the US, but a recent report reveals that HR leaders in both countries face many of the same issues. Meanwhile, 54% of workers said they’re currently looking for a new role, and 15% are planning to look in the next six months. Quick-to-read HR news & insights.
Several lawsuits highlight employers role negotiating health plan contracts with pharmacy benefit managers ( PBMs ) that include pricey prescription drugs, and seek to hold them accountable under the Employee Retirement Income Security Act of 1974 (ERISA). What HR can do to avoid legal scrutiny. How prices can skyrocket under PBMs.
Strategic workforce planning is essential for organizations looking to stay ahead in an increasingly competitive business landscape. Today, HR systems equipped with advanced data analytics capabilities enable businesses to make informed, data-driven decisions that enhance workforce efficiency and productivity.
To ensure effective workforce planning, it’s essential to recognize that different teams must work together, with HR and finance taking center stage. Understanding the financial implications of hiring decisions allows HR to strategically place the right talent in the right roles, ensuring that the workforce operates at peak efficiency.
Paycor analyzed its customer base of more than 30,000 medium and small businesses nationwide and found that as organizations add benefit plans, there is a significant decrease in turnover. To make sure your company is following the right recipe when it comes to employee benefits, download their latest report.
Headcount reporting is a critical aspect of workforce management that helps organizations maintain a clear understanding of their staffing levels and resource allocation. This data enables employers to make strategic decisions around hiring, budgeting, and workforce planning. What is Headcount Reporting?
Time is money, and inefficiency can quickly drain a company’s resources. This is especially true in humanresources, where managing people, payroll, and compliance can become overwhelming without the right tools. HR software eliminates these challenges by automating routine processes.
Manual HR processes, scattered spreadsheets, and paper-based records become inefficient, error-prone, and time-consuming. This is where HR software steps in as a crucial growth enabler. For growing businesses, the right HR software can be the difference between reactive firefighting and proactive, scalable HR management.
According to nearly 10 years of gathering data in the market, we estimate that 5,000+ technology providers exist across the entire landscape of HR, talent, learning, and related categories. 2025 HR Tech Award Winners Below is an listing of winners and finalists for 2025 attached to their appropriate category. Our team was impressed.
The landscape of HR is shifting from everyday HR functions to strategic HR initiatives like recruiting, people & labor cost management and more. To gauge the present and future of HR, Paycor interviewed more than 500 leaders of medium and small businesses.
A well-executed hiring plan can be the difference between a company that reaches its strategic business goals and one that is outperformed by its rivals. Acquiring the right talent is the most important key to growth,” says Benioff. Contents What is a hiring plan? Hiring was – and still is – the most important thing we do.”
Quick look: A new year is here, and with it comes a fresh set of workplace trends, from further incorporating artificial intelligence into daily tasks to designing comprehensive succession plans. You may also download the entire report using the button below. These applications already prove valuable to employees.
When one-third of employees would prefer more benefits over more compensation, according to a Marsh McLennan Agency report published earlier this year, employers can help employees by allowing them to personalize their benefits, Todd Katz, EVP of group benefits at MetLife, told HR Brew. Goes beyond basic benefits.
In 2025, organizations are increasingly adopting headcount management software to streamline employee data management, optimize workforce planning, and forecast future needs. Workday Overview: Workday is one of the leading platforms in the HR technology space. What Is Headcount Management Software?
The HR technology market in 2024 was a story of resilience and growth amidst a rapidly changing global landscape. These trends underscore the continued evolution of HR technology as a critical enabler of business success, especially as companies focus on skills, retention, and employee well-being in a competitive labor market.
According to an HR Acuity report , tracking employee relations metrics has multiple business benefits. As an HR and employee relations professional, tracking these metrics can help you improve employee engagement , productivity, punctuality, and motivation. HR tip Measure employee engagement often.
At the onset of the Covid-19 pandemic , C-suite leaders demanded more from the HR function and its leaders. And the evolution of the HR exec role did not retract as the Covid cases dwindled. HCM platform iCIMS recently released its annual CHRO report , and in it detailed the transformation of the TA role into one of strategic advising.
HR Brew reported in October that about 100,000 registered nurses left the profession amid the Covid-19 pandemic, and another 800,000 plan to leave by 2027 due to stress, burnout, or retirement. Quick-to-read HR news & insights. Subscribe to HR Brew today.
Getting a root canal, breaking an arm, and giving up sweets for a month are just a few things employees would rather do than pick a health insurance plan. Over half of Gen Z and millennial workers (51%) admit to randomly choosing a health insurance plan because they didn’t understand their choices, according to a recent Justworks report.
In response, its government is encouraging public and private employers to allow more employees to work remotely, Wired reported. The Dubai Roads and Transport Authority, and Dubai Government HumanResources Department, released a report in November examining flexible hours for 332,000 public and private sector workers.
Some 43% of leaders said that anti-DE&I rhetoric impacted their diversity efforts in 2024, and 42% will make substantive changes to their initiatives in 2025, according to the State of Culture and Inclusion report from Paradigm, a DE&I consultancy. Quick-to-read HR news & insights. Subscribe to HR Brew today.
HR pros are no strangers to reviewing what’s happened over the year. At HR Brew, we thought now was also a good time to take stock and assess the myriad changes and development of HR technology, specifically the AI tech finding its way into organizations across the globe. Quick-to-read HR news & insights.
But imagine if they had to do the same for the entire organization… Well, if you ask Colin Klein, managing director and co-founder of learning and development platform Skills Copilot for Microsoft 365, HR leaders should have succession plans for every role. To that end, he suggested a skills-based approach to succession planning.
In my years of experience, Ive never known an HR department that has won a popularity contest, no matter how good its work. Then again, most of us didnt get into HR in hopes of being the cool kid. However, now it feels like the core concepts guiding our HR work are being attacked.
By automating tasks like shift planning, time-off requests, and availability tracking, it eliminates scheduling conflicts and ensures optimal resource allocation. Identify Your Key Users: Determine who will use the software. Is it just HR professionals and managers, or will employees also require access?
Covid-era workplace flexibility started waning in the summer of 2020, and some employees rejected RTO plans. With 2025 just a few weeks away, HR Brew chatted with workplace experts about how executives and employees are feeling about RTO mandates—and how HR pros can referee their tug-of-war. HR can be an advocate.
Recently published data from ADP suggests that more companies plan to grow their workforces internationally. The findings are based on a survey of more than 1,700 business owners, senior HR or payroll leaders, or decision makers conducted earlier this year. Wanderlust recruiting. Companies need to grow,” Delserro said. “A
Germany, in partnership with Four Day Week Global, began a six-month trial of a four-day workweek in February with 45 participating companies, HR Brew previously reported. Following its conclusion, 73% of organizations said they planned to keep the schedule, according to a new report from Four Day Week Global.
The Standing Committee of the National People's Congress, China’s legislative body, recently announced the retirement age will increase for the first time since the 1950s, the BBC reported. Quick-to-read HR news & insights. Subscribe to HR Brew today. Where in the world? Starting in Jan. Satellite view.
Several HR leaders have made moves this fall, especially in and around the tech and financial services industries. Surface was the first person to hold the position, and Deirdre O’Brien, who previously led HR operations, will assume the role in her absence. Quick-to-read HR news & insights. Subscribe to HR Brew today.
In 2024, the best staffing agency software provides robust features such as applicant tracking, automated job postings, AI-powered candidate matching , and comprehensive reporting tools. It offers end-to-end solutions for recruitment and hiring, including CRM, ATS, job board integration, and reporting tools.
Inflation’s impact on the healthcare sector is reflected in projected health plan costs for the next year, according to recent reports from HR and benefits consulting firm Segal and WTW, a global advisory, broking, and solutions firm. Quick-to-read HR news & insights. Subscribe to HR Brew today.
HR professionals are gearing up for 2025, figuring out where to spend their energy and budgets. Gartner analysts surveyed 1,403 global HR professionals over the summer to gauge their top priorities for 2025. Companies are also prioritizing workforce planning since 66% surveyed agreed on being limited to headcount planning.
Humanresources (HR) is a dynamic field where continuous learning and skills development are essential to propel yourself forward. Contents What is HR professional development? HR professional development is about equipping yourself with the knowledge and skills you’ll need to excel and advance in your field.
Around 57% of the class of 2025 feels pessimistic about starting their careers, a notable increase from 49% of the previous class last year, according to a new Handshake survey of 2,687 undergraduate students who plan to graduate in 2025. HR leaders can advocate for these benefits as part of their recruitment and retention strategy.
As open enrollment shifts into high gear, new data could provide a much-needed reality check for HR executives: There’s a significant gap between what employers and workers think about their benefits. The report also said that 66% of employers think their employees are satisfied with their benefits, but only 51% of workers agree.
Over one-third of US employees have been laid off or have worked at a company that has conducted layoffs at some point in their careers, according to a recent report from employee recognition platform Workhuman. And workforce reductions can lead to heightened anxiety, disengagement, and low productivity among employees, the report found.
While Galileo Galilei may have discovered that the Earth actually revolves around the Sun, with the help of an AI assistant named in his honor, HR pros can now leverage the entire universe of Josh Bersin Company resources and other HR insights on demand. It could compare vendors…It was really, really developmental.”
Explicit knowledge is captured in documents like manuals, reports, data, etc. If we use the definition above for explicit knowledge, implicit knowledge would be how someone generates a report or data set. That’s not always helpful, especially when it comes to strategic planning. Keynote speaker Michael Kannisto, Ph.D.
HR professionals face growing pressure to deliver actionable insights that drive strategic decision-making. Central to this effort are HR metrics and key performance indicators (KPIs), which provide quantitative measures of workforce performance, efficiency, and overall HR effectiveness.
However, the Wall Street Journal reported that the contract doesn’t include one of the workers’ key demands: the revival of a traditional pension plan that was frozen over a decade ago. They’re prohibitively expensive, and that’s why virtually all private employers have transitioned away from them to defined-contribution plans.”
Following a slew of worrying labor market data published earlier this summer, today’s jobs report from the Bureau of Labor Statistics is like a breath of fresh air. Companies also added more jobs than initially reported in July and August, revising the numbers to 144,000 and 159,000 respectively. But this is a strong report.”
The pharmaceutical company said that it will invest $364 million to help the country address its obesity epidemic, along with other health issues, CNBC reported. Policy experts believe that the plan is too expensive for the country’s universal healthcare system, and the government can only afford to give the drug to 49,000 people per year.
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