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According to the 2022 Global Benefits Attitudes Survey by WTWCO, 53% of the employees are searching for new opportunities, and there are different factors resulting in this, including pay and bonus, job security, health benefits, and flexible work. However, these components aren’t merely the top reasons employees move away from a company. They can be the top reasons for improving employee retention when offered correctly.
We are already in 2023 and almost halfway through January. It is indeed the right time to analyze HR technology trends. Therefore, this article will examine the top five HR technology-based trends that will take a step up in 2023 and the future. There are several HR tech trends to consider, from increased use of cloud-based HR systems to upscaling remote/hybrid work model solutions. (Before moving forward with the technology trends, if you would like to learn more about hiring trends in 2022, you can read from here!)
Skills intelligence is an HR-tech architecture that makes the best out of an organization’s skills inventory, skills taxonomies, and market skills intelligence. Leveraging a skills intelligence platform can be a pathway for your organization to attain talent transformation.
The clock is ticking as the time-to-hire the perfect candidate continues to increase in every industry.
Lights. Camera. Action.
Skills are slowly turning into rivers. Well, not literally.
What do you think is the best way to reduce the skills gap?
Internal mobility, aka talent mobility, is more than just a buzzword to build a versatile talent pool within an organization. Instead, when your company makes the best out of talent mobility, it can enhance your company’s growth and improve your employees’ performance, retention, and satisfaction rates.
Skills inventory refers to a repository of your employees' skills data containing their educational qualifications, work experiences, certificates, licenses, etc. You can learn more about skills inventory from here.
From leadership pipeline development to workforce restructuring, HR has a crucial role in acclimating and acting on the different business changes brought up by any economic downturn. HR, in short, acts as a catalyst in reducing the impact caused by these economic hurdles.
Skills intelligence refers to the practical usage of up-to-date skills inventory, skills taxonomy, and market skills intelligence to make data-driven and intelligent talent decisions.
