Tag Archives: Research Report

Remaining Resilient

Employee Confidence

Worker confidence is boosted by increased job security in the current tight labor market.

By Larry Basinait

The Worker Confidence Index (WCI) for the second quarter of 2018 declined by 2.8 points, reversing a prior trend of consecutive quarterly increases. The WCI now stands at 104.3 (see Figure 1). Of the four components of the WCI, only job security increased, up by four points to 104.0. Likelihood of promotion decreased the most, down by 9.9 points. Likelihood of a raise and trust in company leadership indices also declined for the quarter. However, all four indices remain higher than they were one year ago.

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Randstad Sourceright Talent Trends Quarterly: Q3 2018

While employers have widely adopted HR tech to help attract and hire the best talent, many business leaders indicate they still want a human touch for critical moments during the recruitment process.

Based on a survey of more than 800 human capital leaders, Randstad Sourceright’s Talent Trends research found that when it comes to tasks such as searching for talent, 51 percent of employers believe initial screening should be mostly or completely automated. However, talent leaders say a personal touch at certain points in the recruitment process keeps candidates engaged.

Highlights from this report include:

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Global Unemployment Report: Q2 2018

Deploying a global workforce and ensuring access to the best talent is a crucial component of success for many enterprises. Global labor market data is an invaluable tool for multinational HR departments and can be used to inform critical decisions around the best countries and regions in which to grow

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Worker Confidence Index – Second Quarter 2018

The Worker Confidence Index (WCI) for the second quarter of 2018 declined by 2.8 points, reversing a prior trend of consecutive quarterly increases.

Of the four components of the WCI, only Job Security increased, rising 4 points since the first quarter of 2018. Likelihood of a Promotion decreased the most, down by 9.9 points. The Likelihood of a Raise and Trust in Company Leadership indices also declined; however, all four indices remain higher than they were one year ago.

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HR and Hiring Managers Eye-to-Eye

Hiring Managers

New research shows where this duo agrees—and disagrees—when it comes to performance.

By Larry Basinait

In a time when worldwide unemployment rates are reaching historic lows, recruiters are under increasing pressure to fill positions quickly. Hiring managers are faced with their own challenges during the hiring process. But how do the two parties really feel about the state of recruiting and internal hiring processes at their companies? What do they think about each other and the support of their mutual goals?

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Better, Faster, Smarter

AI in HR

How will AI impact HR? A new study provides some answers.

By Larry Basinait

Artificial intelligence (AI) refers to systems that can adapt their functionality without being programmed to do so, but rather based on the usage data they collect. As a tool used to guide and execute HR processes, AI has enormous implications. Intelligent technology can be leveraged to help HR leaders source candidates, forecast employee flight risk, identify high-potential employees, prevent bias in hiring, improve the candidate and employee experience, and implement corporate learning programmes—and that’s just the beginning.

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Global Unemployment Remains Low

Global Unemployment

APAC and North America lead other regions in economic growth in the first quarter of 2018.

By Larry Basinait

Deploying a global workforce and ensuring access to the best talent is a crucial component of success for many enterprises. For multinational HR departments, global labour market data is an invaluable tool that can be used to inform critical decisions around the best countries and regions in which to grow. PeopleScout, a global provider of RPO, MSP, and total workforce solutions, has partnered with HRO Today to produce quarterly reports that compile current international labour market figures, including measures such as national Gross Domestic Product (GDP), unemployment rates, and important trends from the world’s leading economies by country and region. This data reveals actionable information about the quality and availability of the talent pool, working conditions, and recruitment opportunities.

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Better, Faster, Smarter

AI in HR

How will AI impact HR? A new study provides some answers.

By Larry Basinait

Artificial intelligence (AI) refers to systems that can adapt their functionality without being programmed to do so, but rather based on the usage data they collect. As a tool used to guide and execute HR processes, AI has enormous implications. Intelligent technology can be leveraged to help HR leaders source candidates, forecast employee flight risk, identify high-potential employees, prevent bias in hiring, improve the candidate and employee experience, and implement corporate learning programs—and that’s just the beginning.

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On the Up and Up and Up

Worker Confidence

2018 kicks off with higher worker confidence, driven by worker optimism about the likelihood of promotion.

By Larry Basinait

In the first quarter of 2018, the Worker Confidence Index (WCI) increased by 2.6 points for the third consecutive quarter. The WCI now stands at 107.1. Of the four elements that determine the WCI, likelihood of promotion increased the most, improving by 9.7 points. Another component, likelihood of a raise, also improved by 4.6 points. The job security and trust in company leadership indices had modest declines, but remain similar to the first quarter of 2017.

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Worker Confidence Index – First Quarter 2018

The Worker Confidence Index (WCI) for the first quarter of 2018 increased by 2.6 points, and has increased in each of the last three quarters.

Of the four components of the WCI, Likelihood of Promotion rose the most, improving by 9.7 points, while the Likelihood of a Raise also improved by 4.6 points. Job Security and The Trust in Company Leadership indices showed modest declines in the quarter, but were similar to the first quarter of 2017.

Concern about job loss is the most important indicator in estimating worker confidence about their current and near-term financial outlook. Women continue to report the highest level of job security since the inception of the study. The percentage of males who felt that they would lose their job decreased slightly in 1Q 2018.

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