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Stock impact report

Hackett: Digital World Class® HR Teams Double Technology Investment and Serve 65% More Employees per HR Staff [Yahoo! Finance]

The Hackett Group, Inc. (HCKT) 
Last the hackett group, inc. earnings: 2/18 04:05 pm Check Earnings Report
Company Research Source: Yahoo! Finance
MIAMI, December 11, 2024 BUSINESS WIRE )--According to new research from The Hackett Group, Inc. (NASDAQ: HCKT), Digital World Class ® human resources (HR) organizations have continued to establish their leadership through notable efficiency improvements and strategic investments in technology. These advancements have resulted in significantly lower labor costs, increased productivity and a robust foundation for the successful integration of generative artificial intelligence (Gen AI), projected to enhance HR efficiency by 51%. In 2024, Digital World Class ® HR organizations reported labor costs that are 44% lower than their peer groups – an impressive leap from 2023's 33% reduction. This shows an ongoing commitment to efficiency and reflects a notable improvement from 2019 when world-class HR organizations aimed for a 17% reduction in cost per 1,000 employees through smart automation. Similarly, these teams can create an additional 40% capacity, delivering more value-added service Show less Read more
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