In its 2015 Human Capital Report, research and analysis firm Deloitte identified a confusing and potentially worrisome new trend in HR: machines as talent. In this brief, we’ll explain how “machines as talent” doesn’t necessarily mean what you fear, and why many executives see it as the future.
The Hackett Group released a fascinating report last year – “The World-Class Performance Advantage: Seven HR Capabilities that Drive Performance Leadership” – in which they found that world-class HR organizations spent 37% less on HR per employee and serviced 59% more employees per HR FTE (full-time equivalent employee)!
Using the right technology for the right purpose can dramatically improve financial returns, and updating or upgrading your technology can yield great benefits. But it’s not just IT that needs to be involved in major tech upgrades; it's HR as well.
Overwhelmed employees are susceptible to burnout. Employee retention and engagement – already challenging issues to address – become even more difficult. Two-thirds of business owners name “the overwhelmed employee” as one of their most serious business challenges.