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What the AI transformation means for HR tech.
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Welcome back! It’s National Breastfeeding Month, and the perfect time to check on your office lactation room…and consider adding some comfy pillows or a massage chair.

In today’s edition:

Transformative tech

World of HR

Exceeds expectations

—Adam DeRose, Kristen Parisi

TECH

Workers in an office space with surrounded AI patterns.

Anna Kim

As AI-powered technology continues to change the ways of work, and with more HR tech vendors than Baskin-Robbins flavors, the advancement of transformative technology in the workplace can pose a challenge for HR teams looking to maximize return, enhance the employee experience, and have the right tech stack to meet business needs.

The Society for Human Resource Management (SHRM) in January hired Andy Biladeau to lead the organization and its members through this transformation.

Prior to joining SHRM, Biladeau worked as a VP for Josh Bersin’s namesake HR advisory firm. He also led talent development for Target, and was a people and organizational consultant for PwC. As SHRM’s chief transformation officer, Biladeau is tasked with translating research and data into actionable tools and frameworks and learning programs for HR professionals. He’s also working with senior business executives to understand where technology is going and how that impacts HR.

Biladeau told HR Brew at the SHRM24 conference in Chicago in June that the current AI disruption in the workplace comes on the heels of the Covid-19 pandemic, the last time the C-suite looked to HR to help with urgent business transition.

Keep reading here.—AD

PRESENTED BY PARADOX

Good question. After all, the human aspect of hiring is what brings us face-to-face (literally) with assessing the humans we hope to bring on board. Sooo…what can AI add here?

Aptitude Research surveyed 350+ HR and talent leaders on the current state of the candidate experience, and the results are a doozy. In short: Candidates are dissatisfied and looking for improvements.

How is AI making an impact, and where is the function headed? Paradox gathered all the deets in one place. Take a look:

  • 62% of candidates believe AI will make the recruitment process more human (...yep, you read that correctly).
  • Improved candidate experience is the top-ranked benefit of AI.
  • 69% of companies are increasing their investment in AI.

Get the full scoop by downloading Paradox’s report.

RECRUITMENT & RETENTION

The top of a globe with a phone, notebook, laptop, glasses, iPad and coffee cup floating above it

Francis Scialabba

India is more than 7,000 miles away from the US, but a recent report reveals that HR leaders in both countries face many of the same issues.

Where in the world? Roughly one-third (34%) of organizations are struggling to find the right talent and retain workers, according to the 2024 Talent Trends report from Michael Page staffing, which surveyed 3,087 people in India. Meanwhile, 54% of workers said they’re currently looking for a new role, and 15% are planning to look in the next six months.

The majority (81%) of workers who are happy with their salary look for workplace flexibility when considering a new role, and 48% said they look for better company culture. Furthermore, 72% said they want flexible working hours, and 70% want flexible working arrangements. But 54% said they’re in the office more than they were a year ago, and 37% said they’re back in the office full-time.

Satellite view. Workers in the US value flexibility and well-being so much that many would take a pay cut for a four-day workweek, HR Brew previously reported. Younger workers also value flexibility more than salary, according to a recent survey from hiring platform, iHire.

Keep reading here.—KP

TECH

IMF growth outlook

Javier Ghersi/Getty Images

Dayforce beat sales and revenue forecasts in Q2, CEO David Ossip told investors on its earnings call Wednesday.

“In the second quarter, we delivered strong results. Revenue growth was healthy as Dayforce continues to exhibit strong appeal with customers to power best-in-class HCM experiences for their employees,” Ossip said on the call.

  • Dayforce reported 16% YoY revenue growth in Q2.
  • Total revenue hit $423.3 million in the quarter.

Dayforce also reported that 6,657 customers were live on the platform as of June 30, the close of the second quarter, an increase of 82 customers since the end of Q1.

Oh, Canada. Dayforce execs pointed to an expanded partnership with the government of Canada, with which it’s been working on a payroll modernization project since 2021.

Keep reading here.—AD

TOGETHER WITH PAYLOCITY

Start planning for office life on Mars. Fine—maybe not quite yet. But your employees do deserve a future-forward and tech-enabled culture. Think of Paylocity’s latest e-book as your launch plans to modernize your employee experience tech, retain talent, and retrain your workforce for the future. Grab your copy.

WORK PERKS

A desktop computer plugged into a green couch.

Francis Scialabba

Today’s top HR reads.

Stat: Intel will lay off 15% of its workforce, or 15,000 employees, as the company focuses more on AI. (TechCrunch)

Quote: “There is shared understanding and recognition of the benefit of this [DE&I] work to individuals across various demographics. That it’s not only a select few, or certain communities who are in support of the work.”—Trisch Smith, chief diversity officer at Edelman, on how DE&I is actually becoming more popular (Fortune)

Read: Employees are watching the Olympics live, and it could be hurting their productivity. (the Wrap)

AI’s impact: When it comes to the hiring experience, 62% of candidates believe AI will make the recruitment process more human. Wait…what? Read the full deets in Paradox’s report.*

*A message from our sponsor.

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