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The survey found that more than half of organizations (53%) indicated their level of investment in HR technology this year will match last year’s, while close to one-third (31%) will either increase or significantly increase these investments. Only 16% expect to spend less on HR technology this year. Among those organizations planning to increase their HR technology investments this year, 38% plan to deploy additional functionality from existing vendors, while another 36% plan to upgrade or re-implement their existing HRMS. One-third (34%) plan to expand their existing self-service offerings and replace older systems (33%). The 15th annual HR Service Delivery Survey polled HR and HRIT executives from 628 organizations for their insight on topics and trends impacting the year ahead. More than half (52%) of respondents are large and midsized organizations with more than 5,000 employees. The full survey report may be downloaded from http://towerswatson.com/research/7805.
The survey found that more than half of organizations (53%) indicated their level of investment in HR technology this year will match last year’s, while close to one-third (31%) will either increase or significantly increase these investments. Only 16% expect to spend less on HR technology this year.
Among those organizations planning to increase their HR technology investments this year, 38% plan to deploy additional functionality from existing vendors, while another 36% plan to upgrade or re-implement their existing HRMS. One-third (34%) plan to expand their existing self-service offerings and replace older systems (33%).
The 15th annual HR Service Delivery Survey polled HR and HRIT executives from 628 organizations for their insight on topics and trends impacting the year ahead. More than half (52%) of respondents are large and midsized organizations with more than 5,000 employees.
Rebecca Mooreeditors@plansponsor.com