HCM technology trends to watch in 2023

Going into 2023, the trends that will impact HCM technology buying decisions include the need to improve decision-making through actionable insights and predictive assessments, expansion of employee perks such as on-demand pay, and the discovery of new ways to rectify staffing shortages in hourly industries. As HR departments continue to face a challenging job market and economic uncertainty looms, shedding the costs of low-value technology is a high-priority initiative to ensure business survivability.