Data Snapshot

Human Capital Management Tech Growth In 2022

January 23rd, 2023
With contributors:
James McQuivey, PhD , Anjali Thomke , Demi Starks

Human capital management is an essential part of a growing organization’s tech stack. It facilitates the fulfillment of the employment contract and helps employees and their managers navigate the employee lifecycle. According to Forrester’s Software 1 Survey, 2022, 85% of software decision-makers report that they’re planning to adopt, or have already adopted, payroll solution software. Moreover, just under 80% are adopting or have adopted EX and talent management software to help them manage employee engagement, experience, performance, compensation, career mobility, and learning.

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