Managing people can turn out to be more important than managing money for the companies. Human capital is measured by time, energy and talent of the workforce. Statistics say that only about 15% of the workforce of a company makes a difference. Finding and retaining this 15% is a difficult task. Mostly, it has been observed that abundant financial capital is carefully managed but scarce human capital is not managed properly. This trend has to be altered to achieve success. Read more at: https://hbr.org/2017/05/what-if-companies-managed-people-as-carefully-as-they-manage-money

Human capital Management (HCM) solution is a sophisticated tool to manage the workforce and streamlines Human Resource workflow. In addition, the technology's analytical capabilities aid decision making with data-driven evidence. It is pivotal to choose the right HCM vendor to maximize business human capital. One should look for following features in an HCM provider: provides streamline workflow, seeks a system to integrate HR functions into single HCM platform, it can deliver on intangibles like customer service, mobile designs, self-service capabilities, analytics, system scalability, system security etc. Cloud-based HCM solutions provide greater security protections than locally hosted software at a lower cost. Choosing a right HCM system partner reap significant dividends in cost savings, labor efficiency, and employee morale. Read more at  https://www.paychex.com/articles/hcm/right-partner-buying-human-capital-management-system

According to a research, it was found that the Human Capital Management market will grow by 10% annually through 2020. Another research found that 1. Real-time feedback and analytics will boom, and it will improve employee productivity. 2. A new generation of performance management tools will emerge to improve feedback-based approach. 3. A focus on human performance and well being will become a more critical part of HR, as it will emphasize employee wellness and engagement, and a healthy work-life balance, and 4. The employee experience will become a primary focus of HR to provide integrated, high-value experiences that excite, engage, and inspire employees. Read more at: http://it.toolbox.com/blogs/insidecrm/mobilefirst-cloudfirst-crm-75930

Earlier, the function of human resources is associated with the person who handled employee paperwork and personnel files. But today, the role of HR has become a much more important and dynamic. Some companies even refer to HR's activities as human capital management (HCM) to reflect the strategic and leadership-oriented nature of the department. It was also found that HR experts shared their insights for companies who are looking to provide the best Human Capital management for their workforce. Few things that HCM takes care of: -1) Look beyond recruiting and onboarding. 2) Learn the best way to manage each employee. 3) Invest in the right technology. 4) Take a positive, but transparent approach to communication. 5) Continue to change with the times. To read more about HCM, follow the article by Nicole Fallon(Assistant Editor at Business News Daily) at: http://www.businessnewsdaily.com/8145-human-capital-management.html

Big data is now helping recruiters to develop a system of fair recruitment procedure which minimizes any kind of discrimination. Acquiring and retaining talent is an important factor when it comes to human capital management. Often it is seen that the talent of many applicants or employees go unnoticed due to certain forms of discrimination or bias.  Data driven procedures and predictive analytics are making remarkable impact in reducing such discrimination in organizations. Various attributes within the organization such as revenue contribution, pay gap, additional benefits received, risk of resigning etc.  are being monitored continuously and algorithms being are designed to pin point events when a hardworking employee is not appreciated. To know more read: http://www.huffingtonpost.com/anne-loehr/big-data-for-hr-can-predi_b_6905754.html?ir=India&adsSiteOverride=in

Human capital is one of the most important assets for success. And to survive in this dynamic world, companies need to rethink their human capital strategies. Companies need to focus on identifying leadership, learning and development, culture and engagement, reinventing HR and performance management. It is time for the HRM department to redefine its role and focus on finding, nurturing, retaining the talent into their organizations. According to the annual Global Human Capital Trends survey 2015 India report, performance management and talent acquisition are considered important challenges in the short run and learning and development along with HR and people analytics are considered as long term challenges. Read more at: http://www.financialexpress.com/article/industry/jobs/leading-in-the-new-world-of-work/81532/

In an article written by Jenny Dearborn (Chief Learning Officer at SAP), tells us how organizations all over the world are trying to sophisticate their workplaces by introducing robots and other artificial intelligence software. A venture capital firm in Hong Kong has nominated an artificial intelligence program in its board. Jenny tells us in her article that although companies might be shifting towards a more technologically evolved working place but then also it will not be possible for them to totally erode human capital from their pay rolls. A survey conducted by Oxford University's Oxford Martin School lists three types of job categories that can never be conducted by robots or artificial intelligence software. The jobs are as follows: - complex perception and manipulation, creative intelligence and social intelligence.

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Ultimate Software, a cloud provider of people management solutions, announced that vRide, a leader in providing alternative transportation solutions for commuters, is benefiting from UltiPro's unified solutions for human capital management (HCM), person-centric user experience, and exceptional customer support.Ultimate's cloud technology is providing vRide with one system of record to manage all of its people-related data. With single-solution HCM, the company is experiencing improved efficiencies through centralized workforce information; fast and extensive reporting and analysis; increased time savings; reduced systems maintenance; as well as industry-leading security and disaster recovery.

Read more at: http://online.wsj.com/article/PR-CO-20140523-909809.html

Bond International Software, the global provider of recruitment and human capital management software and services, had acquired FMP Global, which provides managed payroll solutions in over 65 countries around the world, for a sum in excess of £8.5million. This acquisition of FMP Global will support Bond in broadening its customer base to multi-national companies, both in the UK and internationally. The managed payroll solutions from FMP Global are designed to fit the requirement for a centralised single payroll process that provides coordination of all aspects of setting up employees in a foreign country, without the need for a complex group of legal entities.

To read more, visit the following link:http://www.theglobalrecruiter.com/news/fmp-global-acquired-by-bond-international-software/5174

Ceridian announced Dayforce Recruiting- real-time SaaS based application, which includes payroll, workforce management, benefits and HR. This application provides recruiters and hiring managers with the intuitive means to identify staffing needs, create job requisitions, attract candidates, and hire best-fit job candidates.

To read more, visit the following link: http://www.marketwatch.com/story/award-winning-ceridian-dayforce-human-capital-management-extends-industrys-only-single-hcm-application-with-dayforce-recruiting-2014-05-21-917340?reflink=MW_news_stmp 

WORKTERRA, a provider of Human Capital Management software solutions, announced the addition of Intermedia (one-stop shop for cloud IT services and business applications) to its BenAdmin platform. WORKTERRA BenAdmin delivers an enhanced user experience, further engaging the employee in their benefits decisions. With the WORKTERRA BenAdmin platform, Intermedia has the ability to manage employee benefits information through one consolidated, SaaS delivered application designed to increase efficiency and reduce costs.

Read more at:http://www.digitaljournal.com/pr/1925615 

Logi-Serve, a provider of human capital management software, announced that it has been named as a "Cool Vendor" in the "Cool Vendors in Human Capital Management Software, 2014". Gartner identifies "Cool Vendors" each year in the field of Human Capital Management Software and is judged on these criteria: innovation, impact, and intrigue. This event showcases innovations in adaptive learning, talent assessments, operations and workforce intelligence, and digitized HR document management which influences HR and HR IT leaders to look beyond box.

Read more at: http://www.digitaljournal.com/pr/1926971

The Info-Tech HRIS Vendor Landscape evaluates provider capabilities across the HCM - "recruitment-to-retire" spectrum. It includes HR, payroll, benefits administration, time & attendance and talent management. ADP, a global provider of Human Capital Management (HCM) solutions, was named as a champion quadrant in the 2014 HRIS Vendor Landscape. Companies named to the Champion quadrant are recognized for their product functionality, commitment to service and strategic vision.

To read more, visit the following link: http://www.marketwatch.com/story/adp-named-a-champion-in-info-tech-research-groups-2014-hris-vendor-landscape-report-2014-05-15?reflink=MW_news_stmp

NetSuite Inc., a provider of cloud-based financials / ERP software suites, announced the availability of NetSuite TribeHR Mobile for iOS. It's the first mobile human capital management software application built for employees and managers. This application meets fast-growing demand among organizations and the workforce at large for anywhere, anytime access to HR information which provides greater organizational engagement and increase productivity.

To read more, visit the following link: http://online.wsj.com/article/PR-CO-20140514-912958.html

The Human Capital Institute (HCI), institution for strategic talent management, announced details of the 2014 Employee Engagement Conference which will take place from July 23 to July 25 at the Westin Seattle. The conference will highlight areas necessary to achieve and improve employee engagement.  They are:

• Leadership Values and Brand Alignment

• Manager Accountability and Performance

• Employee Learning and Development

 To read more, visit the following link: http://www.marketwired.com/press-release/human-capital-institute-announces-details-of-2014-employee-engagement-conference-1910175.htm

Insperity Inc., a provider of human resources (HR) and business performance solutions, announced that its Insperity HCM SuiteApp has achieved 'Built for NetSuite' verification. 'Built for NetSuite' is a program for SDN (NetSuite SuiteCloud Developer Network) partners. The new SuiteApp is built using NetSuite's SuiteCloud Computing Platform and provides human capital management (HCM) software and services to help NetSuite customers automate and streamline human resources (HR) and payroll functions.

To read more, visit the following link: http://www.marketwatch.com/story/insperity-hcm-suiteapp-achieves-built-for-netsuite-verification-2014-05-14 

Mangrove Software, a cloud provider in enterprise Human Capital Management (HCM) solutions, announced their exhibition at the upcoming 2014 Society of Human Resource Management (SHRM) Annual Conference and Exposition, in Orlando, Florida from June 22-24, 2014. Mangrove Software will be showing its newest software version which includes:

• Enhanced employee engagement tools

• Social networking capabilities for recognition, ramification and accolades

• Mobile features for increased convenience

• Simplified employee maintenance

To read more, visit the following link:http://www.itbusinessnet.com/article/Mangrove-Software-to-Preview-Next-Version-of-HCM-Software-at-2014-SHRM-Annual-Conference-and-Exposition-3255725

easyJet, UK's largest and Europe's fourth largest airline, plans to enhance talent management practices, modernize reporting and analytics capabilities with the help of Workday Human Capital Management, a provider of enterprise cloud applications for human resources and finance. With Workday's unified application for human resources (HR) in the cloud, easyJet plans to enhance talent management practices and modernize reporting and analytics capabilities. In addition, since Workday analytics are built into the core of the application, easyJet will gain access to meaningful insights around key indicators such as cost, capacity, and capability of its workforce, helping to drive hiring and sourcing decisions throughout the organization.

To know more, visit the following link: http://www.marketwatch.com/story/easyjet-takes-off-with-workday-human-capital-management-2014-04-08

A recent research report by International Data Corporation, a global provider of market intelligence and advisory services, revealed that the US market for Human Capital Management (HCM) applications and payroll outsourcing services is expected to be worth $22.5 billion this year. Paylocity is the core product of Web Pay product, which recently included a multi-tenant software platform that can be customized to the organization's requirements to offer payroll and HR related services such as time tracking, benefits administration, and compensation services including tax and payroll management and talent management. Not only big organizations, smaller organizations are also realizing the benefits of a cloud-based HCM offering. 

To read more about Paylocity, visit the following link: http://seekingalpha.com/article/2138083-paylocity-addressing-the-growing-hcm-market

Most of the business leaders today accept that they are not dedicating quality time to enhance their workforce management strategy to improve the performance levels of their employees.  As a result, organizations' bottom line usually suffers. To overcome this difficulty, organizations need a solid talent management strategy which is a key to ensure a high-quality workforce. Most employees today seek more than just a performance reward. They want to feel valued as contributors to the organization and get opportunities to improve their skills to enhance their careers. For that organization needs a right workforce management strategy, which will help them to retain performing workers, reduce operating costs and improve the overall value of the organization.

To read more, visit the following link: http://themalaysianreserve.com/main/sectorial/talent-a-human-capital/5721-a-committed-talent-management-strategy-is-key-to-ensuring-a-high-quality-workforce-