HR Trends – Ultimate Software's Blog https://blog.ultimatesoftware.com Thoughts on Putting People First in the Workplace Wed, 15 Nov 2017 15:32:12 +0000 en-US hourly 1 https://wordpress.org/?v=4.8.3 HR Tips for the Road Ahead in 2016 https://blog.ultimatesoftware.com/hr-trends-2016/ https://blog.ultimatesoftware.com/hr-trends-2016/#comments Fri, 22 Jan 2016 16:27:04 +0000 https://blog.ultimatesoftware.com/?p=459 With 2015 now in our rear-view mirrors, it’s time to focus on the road ahead in 2016. This year is sure to present more challenges, such as ever-changing healthcare reform legislation, but also a lot of exciting opportunities—and ways to shift your thinking. As you buckle up for the ride and prepare to hit the […]

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With 2015 now in our rear-view mirrors, it’s time to focus on the road ahead in 2016. This year is sure to present more challenges, such as ever-changing healthcare reform legislation, but also a lot of exciting opportunities—and ways to shift your thinking. As you buckle up for the ride and prepare to hit the wide-open road, here are a few tips to help you navigate your scheduled route, avoid oncoming speed bumps, and accelerate your HCM in 2016.

Tips for HR in 2016 - Recruiting, Talent Management, ACA, and Global HCM

Sit in the driver’s seat to tune-up recruiting and talent management practices, keep your eyes on the ACA, and think globally about HCM in 2016.

Put Yourself in the Driver’s Seat

This year, don’t just work on being a better manager—focus on becoming a leader. Your team members have developed their goals and have mapped out where they hope to arrive by year’s end. You can help ensure they reach that destination.

We’re excited about the release of UltiPro’s “My Leadership Actions” tool. Using the power of predictive analytics and an assortment of data points, UltiPro empowers you with suggested directions and actions for proactively engaging your direct reports. Think of it as your GPS on the road to leadership.

Best of all, My Leadership Actions doesn’t just benefit managers. According to BI Worldwide, engaged employees are 87% less likely to leave an organization than non-engaged employees. In a true win-win for everyone, you develop your management skills, hone your ability to lead, and grow your own career, all while helping your employees grow theirs.

Tune-Up Your Recruiting Practices

Aren’t road trips always more fun with a great group of passengers? Before you ride too far down the HR highway, however, make time for a pit stop to reevaluate your recruiting processes.

Are you attracting—and, perhaps more importantly, retaining—the right talent for your organization? Think about what you can do differently or improve upon to bring the ideal fit onboard, a person who not only has the necessary skills for the position, but who also gels with your established workplace culture.

Don’t forget that, in 2015, millennials officially became the largest generation in the workforce. While some may think Gen Y brings too much baggage, millennials can certainly provide us with crucial insight into the evolving expectations of all employees—especially with regard to recruiting practices.

Keep Your Eyes on the ACA

With so many people and processes requiring our attention, it’s easy to get distracted and veer off in different directions. But as HR professionals, it’s especially important we keep our eyes on compliance. As in previous years, in 2016, we have to pay particular attention to the Affordable Care Act (ACA)—or else we can end up paying costly citations.

The ACA has many moving parts. Proposed legislative changes continue to rotate around Congress, and there are likely to be more twists and turns ahead. But, don’t worry. Ultimate can help steer you clear of the stress and the confusion. Start by checking out our extensive ACA Resource Center, featuring helpful ACA guides, whitepapers, answers to FAQs, and much more.

You can also take an online test drive of UltiPro’s ACA Toolkit. See firsthand how Ultimate’s helping organizations across the United States navigate the ACA, from a dashboard for monitoring compliance requirements to functionality for rapid and accurate reporting. As a certified and IRS-approved transmitter, Ultimate can also assist with generating and filing all required 1094-C and 1095-C forms for the ACA.

Think Globally About HCM

Even if you’ve already charted your course and calculated your budget for the trip, always keep your map open and don’t be afraid to go beyond borders. Maybe your organization doesn’t currently operate on a global scale. The exciting news is it’s becoming easier than ever to expand into new markets.

As you continue on your HR travels this year, consider the realistic possibilities—and advantages—of exploring new territory. You have the potential to reach new people, build your network, remain connected no matter where you’re headquartered, and, ultimately, drive more business for your organization.

The best part? You don’t have to traverse these locations alone. Implement the global HCM strategy that works for your organization, and your employees can continue to collaborate and innovate together, from wherever they work.

We’ll cover each of these topics at greater length with additional blog posts throughout the year. For now, be sure to register for Ultimate’s free live webcast, “Break the Mold: What HR Should Be Doing Differently in 2016,” on Wednesday, January 27, at 2:00 P.M. EST. I’m pleased to join Claire Schooley, principal analyst on the Applications Development & Delivery team at Forrester Research, for an insightful discussion on transforming your overall approach to HCM. Our goal is to help you #RethinkHR—in 2016, and in the years ahead.

 

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HR Technology Expectations of Different Generations in the Workforce https://blog.ultimatesoftware.com/hr-technology-expectations-of-different-generations-in-the-workforce-2/ https://blog.ultimatesoftware.com/hr-technology-expectations-of-different-generations-in-the-workforce-2/#respond Fri, 27 Feb 2015 09:30:40 +0000 https://blog.ultimatesoftware.com/?p=198 In cooperation with Jason Dorsey and the Center for Generational Kinetics, Ultimate Software is thrilled to bring you the results of groundbreaking new research into the impact that new generations are having on the workforce. The research reviews both surprising findings about generational differences in the workforce and their expectations for HR technology, as well […]

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In cooperation with Jason Dorsey and the Center for Generational Kinetics, Ultimate Software is thrilled to bring you the results of groundbreaking new research into the impact that new generations are having on the workforce. The research reviews both surprising findings about generational differences in the workforce and their expectations for HR technology, as well as how the adoption of consumer mobile and social technologies is changing the expectations of the entire workforce regardless of generation.

Millennials, also known as Generation Y, are the fastest-growing generation at work and the largest generation in history with nearly 80 million individuals. Growing up in the heart of the Internet age, Millennials have a unique and intrinsic relationship with technology that they bring with them into the office, and leveraging this dynamic is more important to managing your employees than ever: businesses need to adapt to changing expectations from all employees for transparency and speed.

Our national research dives into the present and future workforce by viewing Millennials through the context of the other generations in the workforce. Three or four generations working side by side has resulted in unprecedented office dynamics for managers, and it’s time to take action. By surveying a broad cross-section of Americans 18 or older who are either currently employed or looking for work, we’ve created a powerful lens through which executives, managers, HR professionals and entrepreneurs can analyze the generational challenges in the labor force.

This fascinating research shows shocking disparities between generations in regular habits in the office and during the job search process, and uncovers potent workplace trends fueled by Millennials, especially in recruiting, communication, and the use of mobile devices. The results also paint a picture of the new workforce realities taking shape across the country. Most importantly, we offer specific, concrete steps your organization can take to apply these findings and create a workplace that bridges the generational divide.

To view all of our findings and get started, check out our resources page here.

 

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Hottest Trending Topics in HR https://blog.ultimatesoftware.com/hottest-trending-topics-in-hr/ https://blog.ultimatesoftware.com/hottest-trending-topics-in-hr/#respond Fri, 20 Feb 2015 15:41:15 +0000 https://blog.ultimatesoftware.com/?p=196 The start of the New Year means focusing on new goals and resolutions, so we’ve got our eye on the hottest trending topics in HR that will impact your organization in 2015. It’s never too soon to take action to get in front of the pack when it comes to engaging your people to positively impact […]

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The start of the New Year means focusing on new goals and resolutions, so we’ve got our eye on the hottest trending topics in HR that will impact your organization in 2015. It’s never too soon to take action to get in front of the pack when it comes to engaging your people to positively impact your organization’s outcomes. Start the year ahead of the curve by reading what our industry leaders, analysts and experts think you should be paying attention to this year.

Healthcare Reform

By now, we are all familiar with the sweeping changes to the U.S. healthcare system first signed into law in 2010, known as the Patient Protection and Affordable Care Act. Most of the provisions of the PPACA are already in effect as of January 2015, including:

  • The Health Insurance Marketplace
  • The individual insurance mandate
  • Transitional reinsurance fees
  • The employer “pay or play” mandate

A SHRM survey in 2013 showed that 75% of HR leaders expect the PPACA implementation to have a “major impact” on the workplace. The primary concern for corporations in 2015 is the “pay or play” mandate. This mandate hinges entirely on accurate, company-wide workforce reporting to monitoring employee eligibility status. The manual tracking of service hour history and schedules to determine full-time status (or equivalency) as well as monitoring insurance affordability levels can become a nightmare and even a small data entry error or discrepancy can result in costly fees. The ideal way to visualize all of the different factors that impact eligibility is with a comprehensive PPACA dashboard bringing all relevant data in a single view to support timely actions.

To stay prepared and avoid manual tracking and the possibility of data discrepancies:

  • Evaluate cloud-based people management solutions that can do the legwork
  • Consider a solution tailored to ease the burden of PPACA compliance by offering at-a-glance service hour history and projections for the year
  • Look for comprehensive offerings that include reporting tools specifically designed with the “pay or play” mandate in mind

Predictive Analytics

According to KPMG research, data analytics is the #1 most-cited area for HR technology investment in 2015. By moving from traditional BI reporting to proactive analytics powered by, statistical models, to suggested courses of action for users, you will be able to accurately project future workforce trends and predict your employee’s behavior with a high probability, and help managers make the best decisions for their teams. This will also allow you to demonstrate the maximum value of HR by providing actionable intelligence for future success.

To stay ahead of the curve, examine solutions that leverage predictive analytics for HR to:

  • Determine individual employees’ chances of staying with your company
  • Alert you to flight risks—employees who are likely to leave within six months, so that you can take proactive action to retain them or create succession plans
  • Identify the current top performers at your organization throughout the full workforce
  • Predict future top performers by identifying patterns that indicate high potential

Focus on the Candidate and Internal Candidate Experience

With the economy continuing to pick up and the new expectations of today’s job seekers, recruiting solutions are seeing a newfound importance placed on the candidate experience: the way job applicants are treated before being hired, interviewed, or even seriously considered for a position. Today’s labor force, and especially the growing millennial generation that comprises its majority, places a higher premium on the candidate experience, simplicity, and speed than at any time in the past.

By changing the focus in recruiting to candidate engagement and empowerment, you build the foundation for a lasting business relationship between employer and employee before a hire ever takes place and you will gain tangible benefits for your business.

Even for those who aren’t hired, the candidate experience can have a significant impact on brand identity and generate good will about your organization and culture. Furthermore, a negative candidate experience can have dramatic effects, with the advent of social media and mobile technologies, making it easier than ever for candidates to broadly share damaging your credibility as an employer!

Improving the application process can also result in a higher quality of hires. Studies show that 40-80% of candidates don’t ever finish the application process, and many times this is because of the application process itself. These partial applications are simply discarded and never make it across the hiring manager’s desk.

Look for recruiting technologies that leverage user experience features such as:

  • Automatic, persistent saving of all collected data
  • A bold, familiar, and friendly frontend that draws aesthetics from popular social platforms
  • Data-rich applicant options like pulling personal data from LinkedIn instead of relying on cumbersome manual entry
  • Real-time search results and filtering when candidates look for their ideal position, with more relevant results offered the more information is provided
  • “Gamified” elements that replace boring, static Web forms with enthusiastic prompts and a plain-English approach, much like the creation of a social media profile

2015 is shaping up to be an exciting and transformative year for people and organizations in all industries, and leveraging the latest in HR technology while staying on top of critical trends can make or break your success!

Ultimate Software has been providing comprehensive people management in the cloud for more than a decade. Discover how UltiPro® can help your organization stay ahead of the curve and future-proof in 2015 at www.ultimatesoftware.com.

 

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