Author: yourhrtech
As we step into 2024 with renewed vigour to embrace the opportunities that it brings, we are hopeful that the industry faces fairer weather than last year. In 2023, the dynamics of the workplace experienced noteworthy transitions, predominantly marked by layoffs which propelled a lot of anxiety and insecurity. Simultaneously, a substantial increase in workplace stress, caused by the economic slowdown, and the transition from hybrid to in-person attendance to the office, bore a negative impact on employees’ mental health, prompting organisations to reevaluate their approaches and prioritise employee well-being. As geopolitical factors continue to impact the industry, influencing talent…
TrueBlue (NYSE: TBI), a leading provider of specialized workforce solutions, is pleased to announce that four of its leaders have been named to the HRO Today 2023 HR Superstars list, which recognizes individuals who are driving the industry forward with innovation. The TrueBlue executives featured this year include: Taryn OwenPresident & CEO, TrueBlue Taryn Owen assumed the role of President and CEO of TrueBlue in September 2023. Prior to that, she was named President and Chief Operating Officer in 2022, after serving as Executive Vice President of TrueBlue and President of PeopleReady and PeopleScout since 2021. Over her 13-year tenure, she has led TrueBlue…
THOR Industries, Inc. (NYSE: THO) announced today the appointment of Michele McDermott as Chief Human Resources Officer (CHRO). In this role, Ms. McDermott will be responsible for the company’s human resources strategy and operations; talent management; inclusion; safety; and compensation and benefits. She will join the executive leadership team, reporting to the president and chief executive officer, Bob Martin. Ms. McDermott brings more than 25 years of experience in human resources leadership with large-scale, global enterprises and publicly traded companies. Most recently, she served as Executive Vice President and CHRO of Hub Group. Her previous leadership roles include positions of…
Well-being, talent recruitment and retention, HR technology, diversity, equity, and inclusion, hybrid work culture, work-life balance, incentives and recognition, and HR technology are among the subjects that HR leaders have prioritized in the new employment landscape. As we begin the new year, HR leaders find themselves at the frontline of dramatic change. The changing nature of work, employee expectations, and global shifts have all paved the way for a key year. What are the important priorities for HR leaders that will influence their strategy and decisions in 2024? Gallup and Gartner have highlighted HR’s top priorities as supporting employee engagement,…
In 2023, the global talent market saw rapid alterations, redefining future professions and capabilities. Despite industry issues such as attrition, many organizations have continued to innovate with novel ways of working, increasing employee engagement and navigating hybrid working. I believe that the new year, 2024, will also be interesting. This year could be critical for HR managers navigating the ever-changing currents of the modern workplace, from increased technological integration to reinventing the employee experience. Here are some of the tendencies I anticipate as we set the pace for the coming year: Technology integration will improve HR procedures, provide data-driven insights,…
For the past two decades, I’ve written about HR forecasts, but this year is different. I envision a year of paradigm shifts that will transform every aspect of business. AI will not only change every firm and every job, but it will also drive companies to strive for increased productivity. Consider where we have been. Following the 2008 financial crisis, the world entered a period of rapid development characterized by zero interest rates. Companies increased revenues, added employees, and saw their stock values rise. Hiring continued at a rapid pace, resulting in a record-low unemployment rate of 3.5% by the…
Exploring the impact and potential of artificial intelligence in reshaping HR practices for a smarter workforce The constant integration of artificial intelligence (AI) has caused a fundamental shift of the human resources (HR) function in the dynamic modern workplace. This technological revolution is transforming human resource management in a fundamental way, making it more effective, data-driven, and adaptable to the demands of a workforce that is changing quickly. It is not only changing the way HR functions are carried out. The use of AI in HR has been gradually increasing over time, driven by the need for more accuracy and…
According to The Economic Times, layoffs continue in 2024, especially at major internet companies such as GoogleGOOG -0.8% and AmazonAMZN -0.9%. These employment losses are taking place as businesses improve their financial discipline by simplifying processes and prioritizing critical business sectors. They also coincide with companies such as Google researching the many unexplored benefits of artificial intelligence, according to the Wall Street Journal. The continual restructure indicates that things are far from stable. This instability is expected to continue to influence HR teams in particular for some time, resulting in a requirement for the function’s evolution as a whole. Over…
As 2024 starts to unfold, layoffs continue, including at big tech giants such as Google and Amazon, according to The Economic Times. These job cuts are happening as companies enhance their fiscal discipline by streamlining operations and prioritizing key business areas. They also coincide with businesses like Google exploring the many untapped benefits that AI has to offer, according to the Wall Street Journal. This ongoing restructuring we’re seeing signals that things are far from stabilizing. It is likely that this volatility will continue to impact HR teams in particular for some time to come, which will trigger a demand for the…
Whether you are expanding your operations or experimenting with innovations at work, understanding the pulse of your employees will be crucial to the success of your business. Here’s what you need to know about pulse survey technologies. In a fast-growing company, business pivots, changing priorities, and introducing new technology are common. But they can’t just be top-down decisions. You need to understand the pulse of your employees and managers if you really want them to champion the company’s decisions. If you don’t, there’s a high cost to pay. The cost of disengaged employees is pegged at $8.8 trillion in lost…