Enhancing your organization's HR function could save millions of dollars in turnover costs and low employee engagement. SHRM has designed a model for measuring an HR department's level of maturity, based on four key ways HR delivers business success, regardless of industry or company size. A SHRM study of over 1,200 organizations found that for every 1-unit increase in HR maturity, businesses generate approximately $62,000 more revenue per full-time employee, which could result in millions across the workforce. Download the executive summary of SHRM’s latest research and learn about the business impact of HR maturity.
An organization run by AI is not a futuristic concept. Such technology is already a part of many workplaces and will continue to shape the labor market and HR. Here's how employers and employees can successfully manage generative AI and other AI-powered systems.
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The proliferation of artificial intelligence in the workplace, and the ensuing expected increase in productivity and efficiency, could help usher in the four-day workweek, some experts predict.
As artificial intelligence technology continues to develop, the demand for workers with the ability to work alongside and manage AI systems will increase. This means that workers who are not able to adapt and learn these new skills will be left behind in the job market.