Are you attracting a modern workforce? (2024)

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Oracle Fusion Cloud HCM is a complete cloud solution that connects every human resource process—and every person—across your enterprise. We help you create a community where people feel valued, heard, and like they belong. With a single user experience and data model and seamless processes and AI-embedded infrastructure, Oracle Cloud HCM can help you redefine what best looks like for your people.

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Are you attracting a modern workforce? (2)

A complete HR solution that improves the employee experience from hire to retire (3:10)

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Adapt your people strategy to every turn in your business. With the most complete HCM solution as part of the unified cloud across HR, finance, sales and beyond, you get one source of truth to make confident decisions, an employee experience that’s easy to scale, and the ability to quickly adjust your processes in uncertain times.

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Oracle named a Leader in The Forrester Wave: Human Capital Management, Q2 2023

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* Gartner® Magic Quadrant™ for Cloud HCM Suites for 1,000+ Employee Enterprises, Published: 18 October 2023. Analysts: Ranadip Chandra, Sam Grinter, Ron Hanscome, Chris Pang, Anand Chouksey, Josie Xing, Harsh Kundulli, David Bobo, Laura Gardiner, Hiten Sheth, Jackie Watrous, Travis Wickesberg.

GARTNER and Magic Quadrant are registered trademarks and service marks of Gartner, Inc. and/or its affiliates in the U.S. and internationally and are used herein with permission. All rights reserved.Gartner does not endorse any vendor, product or service depicted in its research publications, and does not advise technology users to select only those vendors with the highest ratings or other designation. Gartner research publications consist of the opinions of Gartner’s research organization and should not be construed as statements of fact. Gartner disclaims all warranties, expressed or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose.

This graphic was published by Gartner, Inc. as part of a larger research document and should be evaluated in the context of the entire document. The Gartner document is available upon request from https://www.oracle.com/human-capital-management/gartner-magic-quadrant/

Are you attracting a modern workforce? (2024)

FAQs

How to attract a workforce? ›

13 Recruiting and Retention Ideas for Employees
  1. Use Social media to Your Advantage. ...
  2. Offer Competitive Salaries and Benefits. ...
  3. Provide Opportunities for Career Growth. ...
  4. Create a Positive Work Environment. ...
  5. Promote From Within Whenever Possible. ...
  6. Encourage a Healthy Work-Life Balance. ...
  7. Communicate Regularly With Your Team.
Mar 10, 2023

What does modern workforce mean? ›

A modern workplace is characterized by a combination of technological, physical, and psychological factors aimed at balancing employee satisfaction and business efficiency. The definition of a modern workplace is constantly evolving to meet the changing needs of both employees and businesses.

What is the modern workplace like? ›

Today's set of products, tools, and the space employees use them in is, in essence, the modern workplace. That is, the modern workplace takes advantage of enhanced communication and collaboration tools, helping employees work better together.

How to modernise the workplace? ›

A 9-step checklist to modernise your workforce
  1. Provide support for autonomous and flexible workers. ...
  2. Empower teams to work across borders. ...
  3. Simplify internal communication. ...
  4. Develop a culture of continuous feedback. ...
  5. Insist on work-life balance. ...
  6. Encourage employee engagement. ...
  7. Increase productivity through automation.
Jul 11, 2019

What attracts people to work? ›

Think about your competitive advantage

Factors considered attractive to new recruits include: a positive business reputation; • training and development opportunities; • flexible work arrangements; • competitive salary and benefits; and • a positive workplace culture.

How do you attract hire and retain today's workforce? ›

10 Ways to Attract and Retain the Best Employees
  1. Write good job descriptions. ...
  2. Be intentional with your hiring process. ...
  3. Offer competitive compensation. ...
  4. Build a comprehensive employee benefits package. ...
  5. Provide employee development opportunities. ...
  6. Recognize your employees. ...
  7. Prioritize company culture.
Jan 19, 2024

What are the benefits of modern workforce? ›

The modern workplace empowers employees, boosts productivity, provides for remote workers, and enables employees to do their best by giving them the right resources to operate and flourish in this move to digital workspaces.

Why modern workplace? ›

With a modern workplace approach, it's much easier for employees to retrieve information and data for review and analysis. With the right information at their fingertips, employees can respond faster to business opportunities and work collaboratively and creatively. Faster, easier, happier ways of working.

Who is a modern employee? ›

Modern day employees are looking for flexibility. They want to adjust their work schedule to their busy lives, not the other way around.

What is the difference between traditional and modern workplace? ›

Comparing Traditional and Modern Offices

While traditional offices emphasize individual workspaces, formal communication, and privacy, modern offices prioritize shared spaces, collaboration, and flexibility.

How do you survive the modern workplace? ›

How to survive the modern corporate lifestyle
  1. Start a secret drawer club.
  2. Take regular breaks throughout the day.
  3. Give yourself well-earned rewards.
  4. Get to know those working around you.
  5. Learn some niche skills.
  6. Start your day earlier.
  7. Eat lunch while you work.
  8. Make a positive email folder.
Oct 16, 2023

What makes a modern office look modern? ›

For those looking to create their own modern office space, consider investing in quality furniture pieces that promote ergonomic posture; incorporate both natural light and artificial lighting fixtures; choose colours that energize or calm; and finally decorate thoughtfully with art or plants for added personality.

What is a modern office? ›

What is a modern office? A modern office is often defined by the people and the culture of the business, as well as the aesthetics. In terms of the interior itself, a modern office space is likely to comprise of light/white décor, large spaces and minimal furniture – creating a modernistic approach.

What is the new style of working? ›

The New Way of Working (NWOW) is all about breaking down the traditional barriers between work and life. That includes management styles, workplace design, communication, and collaboration.

What are the three major ways that jobs can be redesigned? ›

Three common types of job redesign are: job enrichment, job enlargement, and job rotation.

What do you say to attract employees? ›

Simply saying an encouraging but noncommittal phrase, such as, "After reviewing your resume, we think you could be a good fit here, and we'd love to learn more about you and hope you'll consider working with us," can pique a candidate's interest.

How do you attract and retain a diverse workforce? ›

How to retain diverse talent
  1. Assess your current state. ...
  2. Implement inclusive hiring and recruiting practices. ...
  3. Build inclusivity into onboarding. ...
  4. Build DE&I into your performance review processes. ...
  5. Emphasize inclusivity at the management and leadership levels. ...
  6. Focus on inclusion, not just diversity.

How do you recruit effectively employees? ›

Effective recruitment strategies to hire great employees
  1. Establishing and leveraging your employer brand.
  2. Improving job postings with compelling job descriptions.
  3. Prioritizing diversity, equity, and inclusion practices.
  4. Treating candidates as customers.
  5. Conducting great interviews.
  6. Utilizing niche job boards.

How do you attract recruits and retain a diverse workforce? ›

Strategies for Recruiting a Diverse Workforce
  1. Embrace Unbiased Hiring. Using tools that anonymize applications can help remove unconscious bias from the equation. ...
  2. Expand Your Hiring Pool. ...
  3. Create Inclusive Job Descriptions. ...
  4. Provide Equal Opportunities. ...
  5. Leverage Technology. ...
  6. Foster Diversity from the Top Down.

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