Techtarget HR Software, “HR costs rise as data suggests tech can cut HR staff,”
New research shows that high-performing HR departments leverage tech and have 40% fewer HR staff. But one expert advised caution when adopting ‘shiny, new’ capabilities.
HR operating costs have increased 6% this year, primarily due to wage hikes responding to inflation, according to research from consultancy The Hackett Group. Notably, well-managed organizations spending more on tech tend to operate with fewer HR staff members. Historically, HR budgets have seen an average rise of 3% to 4% annually.
Source: Techtarget HR Software
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