The Human Resource Outsourcing (HRO) market is on track to expand by a staggering $14.1 billion from 2025 to 2029, as per Technavio’s latest research. With a steady CAGR of 5.3%, this market is accelerating thanks to rapid digitization and advancements in artificial intelligence (AI). North America leads the charge, contributing 44% to global growth, with significant adoption in the United States and the United Kingdom. AI Redefines HR Efficiency AI is revolutionizing HR outsourcing, enabling smarter recruitment analytics, payroll automation, and workforce optimization. Businesses are utilizing AI to gain deeper insights into employee engagement and retention, ensuring strategic workforce…
Author: Your Tech HR
Global HR research firm McLean & Company has dropped an essential guide to redefine how organizations approach skills practices. The verdict? A one-size-fits-all transformation to skills-based operating models is not the answer. Instead, organizations must adapt skills and practices to their unique context for maximum impact. As businesses navigate an unpredictable era, the focus on skills has skyrocketed. McLean & Company highlights that while skills-based models promise agility, innovation, and deeper talent pools, the transition comes with challenges. From reduced role clarity to innovation fatigue, diving headfirst into a skills overhaul might be confusing for many organizations. Instead, the firm…
Human Resources just got a massive upgrade. HRCI, the global leader in HR credentialing and learning, has revealed HRCI ENGAGE, an innovative online community designed to connect HR professionals across the world. Whether you’re an experienced HR professional or an emerging talent, this platform aims to revolutionize collaboration, learning, and growth among professionals. What Is HRCI ENGAGE? HRCI ENGAGE is more than a networking platform, it’s a global hub for HR practitioners to share insights, solve challenges, and stay ahead of industry trends. This free platform offers an array of tools and features personalized to the unique needs of HR…
the rapidly evolving landscape of human resources, compliance with regulations and internal policies is paramount. HR Compliance Automation refers to the use of technology to streamline and automate the processes that ensure adherence to legal and regulatory standards within an organization. This not only enhances efficiency but also minimizes the risk of non-compliance, which can lead to financial penalties and reputational damage. The Importance of Compliance in HR HR compliance encompasses a wide range of areas, including labor laws, workplace safety regulations, anti-discrimination laws, and data protection regulations such as GDPR. Non-compliance can result in severe consequences, including fines, lawsuits,…
The artificial intelligence stock market has been one of the hottest topics in tech over the past few years. But as we head into 2025, there’s a growing feeling that the hype may be reaching a boiling point. China’s DeepSeek has come out of nowhere, sending shockwaves through the AI trade and leaving many wondering, Can the tech giants deliver on their promises? China’s DeepSeek Disrupts the AI Sector The latest disruption comes courtesy of DeepSeek, a Chinese startup that’s launched an innovative AI training model with significantly less computing power. This move has sent ripples through AI stocks, Nvidia,…
In the rapidly evolving landscape of human resources, organizations are increasingly recognizing the importance of HR compliance automation. As regulatory requirements become more complex and the need for operational efficiency grows, automating compliance processes is essential for ensuring that organizations remain compliant while optimizing their HR functions. This blog will explore why HR compliance automation is important, focusing on its benefits, key components, and best practices for implementation. Understanding HR Compliance Automation HR compliance automation refers to the use of technology to streamline and automate various HR processes related to compliance. This includes automating tasks such as policy management, employee…
Methode Electronics, a global leader in engineered solutions, announced the appointment of Karen Keegans as its new Chief Human Resources Officer (CHRO), effective February 3, 2025. She takes over from Andrea Barry, who has held the position since 2017. With over 30 years of experience in HR leadership, Keegans brings expertise from renowned global organizations such as Rockwell Automation, Pentair, and Praxair. Her track record includes transforming corporate cultures, aligning talent with strategic goals, and guiding companies through industry shifts. “We are excited to welcome Karen to our leadership team,” said Jon DeGaynor, President and CEO of Methode Electronics. “Her…
As workplace demands continue to rise, HR leaders are faced with increasing pressure to maintain a balanced, effective workforce. McLean & Company, a global leader in HR research and advisory services, is stepping up to offer a new tool designed to ease this burden, an HR Guide to Support Capacity Planning. With burnout becoming a significant challenge for organizations worldwide, McLean & Company’s guide offers crucial insights into how HR can navigate the complexities of capacity planning. By ensuring teams are neither overstaffed nor under-resourced, companies can optimize efficiency and reduce employee stress. A Strategic Approach to Capacity Planning The…
A new HR Trends Report from McLean & Company uncovers key priorities reshaping HR strategies in 2025. Leadership development and employee retention have surged to the forefront, signaling a shift in how organizations are navigating workforce challenges and future-proofing their operations. The research, which draws on insights from over 779 HR professionals globally, emphasizes that building internal talent pipelines and controlling labor costs are pivotal as businesses face economic pressures and evolving employee expectations. Leadership Development Becomes a Top Priority For the first time in years, leadership development outranks recruitment as the most pressing HR focus. Effective leadership cultivation is…
Small and mid-sized business (SMB) CEOs are showing an unexpected level of confidence as 2025 approaches, with many expecting growth despite a whirlwind of workplace changes. According to a January 16 analysis from Vistage, a leading CEO coaching and peer advisory organization, nearly 2 in 3 SMB CEOs are predicting their workforce will expand in the coming year. This optimism is a sharp contrast to many economic forecasts, but it’s not without reason. The survey reveals that a substantial portion of these CEOs are feeling buoyed by the potential for pro-business policies under the incoming administration. Economic Optimism and Policy…