1、Human Capital Management Technology Sector Update Harris Williams|Q2 2023Human Capital Management Technology|Q2 20232Perspectives on Human Capital Management TechnologySolutions that facilitate professional development,drive employee engagement,and reward performanceSelect Market ParticipantsTalent

2、ManagementWorkforce ManagementSolutions that optimize efficiency and productivity of employeesSelect Market ParticipantsTalent AcquisitionSelect Market ParticipantsSolutions that enable organizations to source,recruit,interview,and assess candidatesOrganizations are increasingly adopting digital sol

3、utions that automate recruiting workflows from sourcing to onboardingThe skilled labor shortage is driving significant demand for solutions to optimize recruiting workflows in the war for talentCandidates today are demanding efficient,decisive interview processes,with timely communication and clear

4、selection criteriaKey TrendsFor over 60%of large enterprise organizations,digitization of the employee experience will be among the top three priorities for human resource leaders in 2023Content and learning management systems for delivering professional development training and compliance-driven ed

5、ucation have become core to the HR technology suiteKey TrendsKey Trends“Workforce as a Strategy”is increasingly driving organizations to adopt solutions that enhance the employee experienceIntegration and interoperability of time and attendance solutions with payroll and benefits platforms are drivi

6、ng adoption of back-office HR capabilities to manage both workforces and vendorsRisk management tools continue to experience strong adoptionSource:GartnerHuman Capital Management Technology|Q2 2023Heightened emphasis on workforce quality and recruiting efficiency is driving technology adoptionHuman