More than two-thirds (40%) of U.S. organizations don’t have an HR analytics strategy, according to research by PwC US in conjunction with Oxford Economics.
Its Annual HR Technology Survey, which examined organization’s use of an experiences with HR technology and how the cloud is enabling HR transformation, found that 52% of respondents don’t have a dedicated HR analytics team.
The survey also found that 44% of respondents use Cloud Software-as-a-Service (Saas) for core HR, compared to 23% who said the same last year. This year, an additionally 30% said they plan to move into using Saas for core HR, compared to 26% who said the same last year.
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“The great shift of HR applications into the cloud continues, as [chief HR officers] pursue cost savings, seek greater self-sufficiency, and set their sights on innovation and mobility,” said Dan Staley, principal at PwC. “Moving HR to the cloud is a question of when, not if.”
The survey also found that the cloud better enables the use of mobile for HR business processes. Some 59% of respondents think it would be beneficial for employees and managers to use their mobile device for performance feedback.
Currently, just 18% of respondents leverage mobile for their performance management processes.