Many analysts have predicted that gen AI will free up time—McKinsey reports that up to 30 percent of business activities could be automated by 2030. It's thought-provoking to consider a workforce using gen AI to create output beyond an employee or department's skillset. I expect that the most forward-thinking human resource leaders will be setting new standards for this evolution.

HR tech in action

Oyster, a global employment platform for distributed teams, raised $59 million in Series D funding led by Silver Lake Waterman, with support from investors like Emergence Capital and Stripes. According to a release, the funds will help accelerate its platform, enhance compliance and improve talent attraction and retention for customers.
Learning management company Skillsoft has introduced a risk-based approach to compliance training that allows organizations to tailor programs to individual needs, develop targeted risk management skills, and track changes in risky behaviors across their workforce.
Workforce payroll and payments platform Papaya Global announced a four-week streamlined global payroll setup. Papaya's solution caters to large multinational companies with both in-house and outsourced payroll teams. The announcement indicates this setup is available in time for 2025 strategic planning.

More from 'Human Resource Executive'

As technology evolves, talent acquisition leaders face a more tech-centric role. This Women in HR Tech keynote, Secrets from Top Tech-Savvy Talent Acquisition Leaders, sheds like on balancing tech and the human touch. The panelists will address challenges from AI and market shifts, offering actionable insights to help you adapt quickly. Register now.
Previously reliant on spreadsheets, Gore Mutual Insurance struggled with data consistency. Meanwhile, the organization was in the throes of increasing its workforce and working to stabilize employee retention during the pandemic. See how this org adopted a tech-driven people analytics approach.
Susan LaMonica, CHRO at Citizens, emphasizes the company's commitment to supporting workers' career journeys. She highlights the alignment of Citizens' people strategy with its business strategy through a focus on culture, leadership and talent. Check out how LaMonica and her team make it happen.

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