Hybrid work, once thought to be a temporary means of enabling enterprises to continue business operations through the COVID-19 pandemic, has become a mainstay for the global work landscape. To enable these hybrid work models, organizations are investing in a wide range of technologies and services to increase workforce productivity and enable new, more agile ways of working.

Over half of all organizations today are increasingly struggling withurnover, time-to-hire, and cost-of-hire finds Aberdeen Stratery Researh. Data-driven Best-in-Class (BIC) organizations are differentiating themselves by investing in and leveraging cloud-based HR systems to competitively position and outperform others.

According to IDC, over 40% of the global population turned to remote work models in 2020. With the ebb and flow of the global pandemic in 2021, hybrid work models are enabling some people to return to on-site work while others continue to work remotely or move between remote and on-site work.

Less than one-fifth of HR leaders believe that performance management is effective at achieving its primary objective, according to Gartner, Inc. Though companies have been prioritizing performance management improvements for years, 81% of HR leaders are still making changes and experimenting with their organization’s performance management efforts.