HRE Column: The Three Things I Think About the Most When Thinking About HR Tech
I have been a little slack in posting links back to my monthly column over at HR Executive Online but fear not gentle readers, I have not abandoned this essential public service.
So without further delay, here is the link to my latest Inside HR Tech piece at HR Executive - 3 HR Tech Topics I Think About the Most.
From the piece:
At the time, I tried to stammer out a reasonably coherent answer, as I was not expecting the question. I’ve been thinking about it ever since and decided it would be a good topic to explore here, because elements of HR tech I consider may also influence how you think your current and future tech.
With that said, here are the categories I most often come back to when I think about HR tech.
The War for Talent
Regular readers might recall that I think about, talk about and write about macro labor-market data and trends almost compulsively. The monthly Bureau of Labor Statistics “JOLTS” report is the highlight of most months for me, and I track data points like the labor-force-participation rate and the quits rate like I used to track the batting averages of the mid-1980s New York Mets.
You probably don’t have to be a labor-market wonk to know the U.S. market continues to tighten and become more challenging for employers. Unemployment is nearing low, “full-employment” levels and the number of posted, open jobs—as well as the rate of voluntary separations (or “quits”)—is at all-time high since the BLS began its measurements. Essentially, most, if not all, employers are facing difficulty for finding, attracting and retaining workers.
So back to the HR-technology angle. When I think about HR technology I tend to first think about how a specific technology can help an organization better compete in this extremely difficult environment...
And remember to subscribe to get my monthly Inside HR Tech column via email on the subscription sign-up page here. The first 25 new subscribers get a new set of steak knives. Well, maybe.
Thanks and have a great day!
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