As the kids head back to school and routines settle in, it’s the perfect time to refocus on staying productive at work. Balancing family commitments and professional responsibilities can be challenging, but with the right strategies, you can maintain your momentum. This month, we’re exploring the tight labor market and looking ahead to digital transformation predictions for 2025 to help you stay ahead in the evolving HR and Finance landscape.
Charting the challenge of tight labor markets in advanced economies
Despite tight labor markets in advanced economies over the past two decades, the trend is projected to continue, presenting both challenges and opportunities for businesses. McKinsey Global Institute takes a look at how companies can navigate these challenges and continue to grow.
Finance 2025: Digital transformation in finance
Digital transformation is reshaping the role of CFOs, requiring them to adapt to new technologies and data-driven decision-making processes. This article from Deloitte explores the key trends and strategies CFOs should adopt to stay ahead. Discover how these tools can enhance financial performance and strategic decision-making for your organization.
Our partner, UKG, has just made waves in July with a strategic realignment that resulted in a significant reduction in force (RIF). While change can be bittersweet, we’re excited about what this means for our clients!
UKG’s objective is to redeploy resources to accelerate growth through a reinvestment strategy. UKG is prioritizing R&D for the next generation of UKG Pro products. They are planning on injecting generative AI across their suite of products. As part of the plan, they are increasing their commitment to the small and mid-market sectors as well as continuing to grow in the enterprise market. UKG’s focus remains on its clients, and the organization will continue to invest in service delivery and product enhancements.
While we are sad that many longtime friends have parted ways with UKG, our clients will reap the benefits of these strategic investments in terms of improved product functionality and service delivery.
If you have been considering bolstering your HRIS team, now is the perfect opportunity. There are talented prior UKREWERs available to support your team. Questions? Concerns? We’re here to chat. Reach out anytime – let’s navigate this exciting new landscape together!
Recognize Your Team!
Time is running out! Don’t miss this final opportunity to showcase your team’s exceptional achievements in HR digital transformation. HR Computes is proud to sponsor the HR Awards for Excellence in Technology, but the deadline is approaching fast. Give your team the recognition they deserve – submit your application now before it’s too late!
Stay tuned for next month’s newsletter, where we’ll continue to explore the latest trends and developments in HR technology and compliance.
