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…
Research Report
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…
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,…
HR and Hiring Managers Eye-to-Eye
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?
Better, Faster, Smarter
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.
On the Up and Up and Up
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.
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…
Bits Don’t Byte: HR Finds Artificial Intelligence a Positive Evolution
HR Finds Artificial Intelligence Over the last quarter century, advances in technology have dramatically impacted how business is conducted -and talent acquisition has not escaped the wave of transformation. Initially,…
Outlook Looks Good
Data projects 2018 global economic growth to increase by 3.1 percent.
By Larry Basinait
To explore international labor markets, companies must first consult global labor market data. PeopleScout, a global provider of RPO, MSP, and total workforce solutions, has partnered with HRO Today to produce quarterly reports that compile current international labor market figures, including measures like national Gross Domestic Product (GDP) and unemployment rates over time, from countries across the globe. This data reveals critical information about the state of the talent pool, working conditions, and recruitment needs of various countries and regions. It is an essential tool for predicting fruitful locations for expansion and recruitment, thereby allowing multinational companies to stay competitive in talent acquisition.
Feeling Insecure?
Although worker confidence remains high, today’s workforce is concerned about one thing: job security.
By Larry Basinait
The Worker Confidence Index (WCI), which measures employee attitudes about their perceived job security, increased by 0.7 points since the third quarter of 2017 and decreased by 1.3 points since the fourth quarter of 2016. It now stands at 103.2 after increasing for the past two consecutive quarters. Of the four components of the WCI, trust in company leadership rose by 3.2 points in the last quarter while confidence related to job security declined by 2.5 points. The decline in the WCI in the last year reflects employee concerns about the state of today’s workplace; in particular, trust in company leadership experienced a significant drop of 3.6 points since the fourth quarter of 2016. Recent volatility in the stock market may contribute to lower worker confidence in 2018, but for now, confidence remains high overall.
