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The Pulse of the Industry: Results from the third annual Workforce Management HR Technology Survey
| Date post: | 01-Nov-2014 |
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Business |
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The Pulse of the Industry:
Results from the third annual Workforce Management HR Technology Survey
Today’s Presenters
y Ed Frauenheim
y Associate Editorial Director, Workforce Management
y @edfrauenheim
y Sarah Kimmel
y Director of Research & Advisory Services, MediaTec Publishing
Pulse Points
y Spending Up
y Mobile --then Social and Global
y Data Delivering Better
Survey Amid Survey Results
y Data Integration?
About the research
y Survey sent to list of director-level HR practitioners.
y N=593 y Respondents represent a wide spread of
company sizes, local and global organizations and more than 20 industries.
Company Size
52%
28%
20%
Less than 1,0001,000 to 10,000More than 10,000
Geographic Distribution
31%
43%
12%
14%
LocalNationalSome GlobalVery Global
Is consolidation in HR software market a good thing?
26%
68%
6%
YesMaybeNo
HR Spend compared to last year
8%
41% 42%
7% 2%
Growing significantly
Growing
Flat
Declining
Decliningsignificantly
Are you likely to replace or upgrade your core HR platform in the next 3 years?
16%
31% 41%
12%
Very likelyLikelyNot likelyWill not
48.3%
41.7%
40.0%
38.1%
35.4%
29.0%
28.7%
27.9%
27.1%
24.1%
23.3%
18.7%
0% 10% 20% 30% 40% 50% 60%
Recruiting
Performance management
HRMS
Learning management
Compensation management
Analytics/business intelligence
Social networking or collaboration…
HRMS with talent management tools
Talent management suite
Making our systems “mobile-friendly"
Onboarding
Making our systems “go global"
HR Software Used Currently
21.9%
13.6%
13.4%
13.3%
12.8%
12.6%
12.1%
11.6%
11.6%
11.0%
10.0%
7.4%
0% 5% 10% 15% 20% 25%
Making our systems “mobile-friendly"
Social networking or collaboration…
Performance management
Onboarding
Analytics/business intelligence
Talent management suite
Compensation management
Recruiting
Learning management
Making our systems “go global"
HRMS with talent management tools
HRMS
HR Software Planned to Purchase in Next Year
My company currently has workforce data readily available to make decisions.
49%
43%
8%
YesNoI don't know
My company has had an implementation of HR Technology that delivered less than expected
43%
43%
14%
YesNoI don't know
How do you rate your HR technology providers’ ability to act as a business partner?
3% 15%
57%
19%
6%
ExcellentAbove averageAveragePoorVery poor
When your organization is choosing an HR software vendor, how important is the vendor’s commitment to sustainability and corporate social responsibility?
40%
38%
15%
7%
Very importantSomewhat importantNot very importantNot important at all
How satisfied is your workforce with the technology HR provides to them?
9%
68%
20%
3%
Highly satisfiedSomewhat satisfiedDissatisfiedHighly dissatisfied
What is your attitude towards software as a service- i.e. the Cloud for HR tools?
14%
29%
41%
3%
13%
Love itLike itExploring itDislike itWary of it
To what extent are you exploring software tools that tap social networking for HR purposes?
39.2%
29.2%
36.2%
9.5%
13.5%
5.4%
0% 10% 20% 30% 40% 50%
Not at all
Collaboration
Recruiting
Rewards and recognition
Benefits management
Other
What impact do you feel tablets and smartphones will have on your HR technology strategy in the future?
70%
26%
4%
Great impactLittle impactNone
Do you have bring-your-own-device (BYOD) policy for employees regarding the use of mobile devices for work?
31%
53%
16%
YesNoWe're working on it
What’s your biggest concern regarding BYOD?
71.4%
19.9%
4.6%
4.0%
0% 20% 40% 60% 80%
Making sure our data is safe
Employee productivity
Appealing to Gen Y
Other
To what extent are your HR systems global in nature?
16%
34%
50% VerySomewhatNot very
How has your interest in global HR systems changed in the past two years?
30%
50%
20%
More interestSameLess interest
A few other take-aways
Software implementations continue to disappoint
A Ways to Go on Data for Decisions
Concerns about the Cloud
Today’s Poll Results
Your Questions
