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New data from the 20th Annual Sierra-Cedar HR Systems Survey reveals that HR professionals can expect "more personalized, connected, and consumer-driven HR technology in the near future," said Stacey Harris, vice president of research for the IT services company based in Delaware.
This year's survey explored enterprise cybersecurity and risk strategies, emerging benefit applications, improved learning and development, and the adoption of the building blocks required for future intelligent platforms. For the first time, it also tried to gauge the influence of employee benefits and socially responsible policies on the bottom line. It found that companies that took the time to create a plan before implementing new technology saw bigger financial returns than companies that didn't.
The research represents responses from 1,312 organizations employing more than 17 million employees and contingent workers in over 70 countries. The survey results were published in October.
Key findings include the following:
* Competition is heating up as core human resource management system vendors improve user experience and vendor satisfaction ratings for the first time in several years.
* IT risk and data security strategies that include HR system environments are aligning with top organizational goals.
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