HRO Today December 2014 - 5
Editor's Note
Prediction: " I don't see a return to the old ways of adding headcount and the overhead costs that come along with it
each time the business grows. I see the continuing development of specialized projects and teams that are formed from
full-time, part-time and contingent workers for a specified outcome. " -Matt Charney, executive editor and head of
content of Recruiting Daily.
Outcome: Today's workforce continues to be a melting pot of worker types and classifications. Contingent workers
offer the same benefits they did during the height of the recession-flexibility, sought-after skills, and value. In fact,
according to Ardent Partners 2014 research, 92 percent of enterprises say contractors are vital to their operations. No
surprise here that growth is expected, with 27 percent of an average workforce being made up of contingent workers
by 2015.
Predicition: " Recruiting is no longer is just 'post and pray.' It has to be strategic, where the use of metrics and
analytics drive the process on who you hire, where you hire from, and the skills sets required in the position. "
-Sarah White-Brennan, Principal Strategist, Talent at Accelir
Outcome: 2014 saw major growth in sourcing strategies. Perhaps it was driven by the fact that 77 percent of the
workforce was open to seeking better job opportunities, according to CareerBuilder. Plus, The Innovation Imperative
Study from Futurestep found 49 percent of candidates are more likely to consider a job if it was advertised in an
innovative way. Tracking SEO through Google+, expanding referral networks, and leveraging candidate relationship
management (CRM) tools helped organizations be strategic with their sourcing and hiring processes.
Prediction: " Little by little, we will continue to see the nimble, niche startups subsumed by the bigger companies
offering bigger and more end-to-end solutions. For now, they might engage in a partnership model, but the future
bodes a lot more M&A. Emerging markets like the new tools we're seeing for employee collaboration and performance
management will eventually get bought. " -Josh Berin, founder of Bersin by Deloitte
Outcome: True to Bersin's words, 2014 saw M&A activity in the tech space. Making big news again was SAP, who made
headlines in 2012 when they bought SuccessFactors. This time around the provider acquired Concur, a platform that
helps manage employee expense accounts, in a deal valued at $8.3 billion. HCM suite provider Infor acquired predictive
analytics platform PeopleAnswers in early 2014 to enhance its talent offering. Adecco Group acquired freelancer
management system OnForce to expand its portfolio of solutions for managing the extended workforce, including
Beeline, a vendor management system. And Skillsoft's acquisition of SumTotal shows the movement toward combining
learning and talent solutions.
Until next year...
Debbie Bolla
Executive Editor
DECEMBER 2014 | www.hrotoday.com
[5]
http://www.hrotoday.com
HRO Today December 2014
Table of Contents for the Digital Edition of HRO Today December 2014
HRO Today December 2014 - 1
HRO Today December 2014 - 2
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