5 Key Trends in HCM Facing Enterprise Organizations in 2019
Published by: Solutions Review
With record low unemployment and competition for top talent at its peak, the 2019 workplace will experience its biggest shift yet as companies implement changes to attract and retain a younger workforce. Millennials now represent the largest generation of the U.S. labor force and are projected to make up 75 percent of the global workforce in 2025. Humanity, a leading provider of cloud-based HCM solutions, has identified the five key trends facing enterprise organizations in 2019 and the changes that should be considered as organizations plan for the year ahead.
“Managing a new demographic of younger employees and talent has never been more challenging than it is today,” said Chris Amani, CEO, Humanity. “Businesses now operate in an era where real-time is the de facto standard, information is expected to be a finger-swipe away, and both skilled and unskilled talent is incredibly difficult to find and retain. This human capital management sea-change across industries is driving the development and implementation of cloud-centric technologies that allow enterprises and SMBs to dramatically improve operations, expand employee communications and adapt to a younger workforce.”