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How GBS Organizations Can Help CEOs with Cost Optimization and Future-proofing Their Talent Strategy | Blog

Everest Group

Global Business Services (GBS) organizations have become essential to the enterprise as these shared service centers help to optimize costs and build talent strategies for the future. Read on to learn more about the benefits GBS offers. To achieve these goals, CEOs are turning to GBS organizations for support.

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Declining Headcount at Major IT Service Providers: Are Macroeconomic Factors the Sole Reason for the Tech Hiring Slowdown?

Everest Group

From increased hiring growth after the pandemic to recent layoffs, the tech talent market has experienced great volatility. In this blog, we examine the major factors contributing to declining tech hiring and the outlook for IT services talent. in the same period this year, and Wipro’s bench utilization rate increased from 79.8%

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How to build a successful talent management strategy

IBM Services

However, keeping employees happy and engaged can be challenging, especially when considering available resources and the need to meet other organizational goals. Consider the rise of the Great Resignation , where workers were more likely than ever to leave organizations or the workforce entirely.

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The Complete Guide to Employee Cost: How to Calculate the Cost of an Employee

Velocity Global

Key Variables That Impact Employee Cost How to Calculate the Cost of an Employee Expenses to Consider When Calculating Employee Cost How to Reduce Employee Cost The Risks of Inaccurate Employee Cost Payments Hire Confidently and Economically With Velocity Global How Do You Calculate Employee Costs?

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Turning Good into Great: 10 Reasons to Outsource Customer Service

Mattsen Kumar

Our blog post discusses outsourcing customer service to meet modern expectations. 16.24% of small businesses chose to outsource customer service to increase efficiency. During the COVID-19 pandemic, businesses suffered losses and had to implement value-added strategies to increase productivity.

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Five Strategies to Reduce High Turnover Rates

Velocity Global

More than eight in 10 global organizations (83%) say they face significant talent retention challenges, according to a recent survey. CNBC ] One in two CHROs says their retention problems are limited to high-demand roles. As a result, workforce morale decreases while the likelihood of churn increases.

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Artificial intelligence and a new era of human resources

IBM Services

Artificial intelligence (AI) can help usher in a new era of human resource management, where data analytics, machine learning and automation can work together to save people time and support higher-quality outcomes. These conversations are happening as the workforce is undergoing a major change.