HR Pulse Infographic
1 like609 views
The document reports the results of a survey of 514 HR and non-HR professionals on the state of HR functions in their organizations. It finds that 50% saw increased employee headcounts in the past year. Top challenges included leadership effectiveness and priorities for the next year were talent/leadership development, process improvements, and talent acquisition. Reasons for delayed or canceled HR projects included lack of budget and resources. The majority outsourced benefits administration and payroll processing.
HR Pulse Infographic
- 1. A LOOK BEHIND THE STUDY HR PULSE MOOD WITHIN HR 50%Of respondents indicate within the past year, the number of employees within their organization has Increased. positive negative neutral Canada USA UK Mexico Honduras Trinidad & Tobago Pakistan Australia COUNTRIES REPRESENTED PROFILES OF RESPONDENTS HR Non-HR TOTAL PARTICIPANTS: 514 INDUSTRIES REPRESENTED Chief Human Resources Officer or organizational HR Leader Director or VP level within an HR function HR Specialist or Business Partner Manager or Senior Manager within an HR function Executive/Leadership team member within a non-HR function Owner/Chief Executive Officer/President Senior Management team member within a non-HR function Financial Services or Insurance · 20% Professional Service · 6% Consumer/Packaged Goods · 5% Public Sector · 5% Utilities & Energy · 5% Telecom · 3% Healthcare & Pharmaceuticals · 7% Retail · 7% Technology · 7% Manufacturing · 6% Non Profit · 6% Others: Services · 15% Aerospace or Defense · 2% Transport · 2% Construction · 1% Mining · 1% COMPANY SIZE REPRESENTED 22% 41% 37% 1 to 250 251 to 1000 1001+ About The Talent Company The Talent Company is a management consulting firm that specializes in human resources solu- tions. We enable organizations to achieve superior business results through the strategic acquisition, management and elevation of talent. Our organization is comprised of leading human resources, compensation, talent, recruitment, and leadership experts with proven track records of client and organizational success. Our collective resources, vast experience and extensive industry knowledge enhance our ability to deliver outstanding value for our clients. About InnovationCuration InnovationCuration is a market research firm that specializes in identifying and socializing insights on customers to orient and inspire value-creating strategy and tactics. To learn more about Talent Company Insights, please scan this QR Code or visit www.thetalent.co For more information about IC!, please scan this code or visit www.innovationcuration.com For more information regarding this HR Pulse study, please contact Joe Minaudo. [email protected] 1-866-973-9152 HR PULSE TALENT & LEADERSHIP DEVELOPMENT Of respondents said that Leadership Effectiveness is the biggest challenge facing their HR function. 34% Within the next 1 to 2 years, the areas that will experience the most growth Talent/Leadership Development. Within my HR function, our organization is planning to grow Talent/Leadership Development. Most common answer Key HR priorities within my organization for the next year are: 1· Talent and Leadership Development. 2· Process Improvement & Efficiencies. 3· Talent Acquisition. 4· Focus on Employee Engagement. 5· Increased Use of Technology. Top reasons HR projects have been delayed or canceled: 3· Lack of skilled project resources. 1· Lack of budget. 2· Work capacity of member teams. PensionPayroll Benefits 75% of respondents indicate that the most outsourced components of their HR function are: 6.5 How aligned do you believe your HR function is to your organizations business priorities? How do you rate the effectiveness of your Talent Attraction function? 7.4 6.6 6.6 0 2 4 6 8 10 1· Continued focus on process improvement and efficiencies. 2· Adding key HR expertise to support the growth agenda. 3· HR is "at the table" as a strategic partner. 4· New strategic HR leader that understands business imperatives. Reasons for the Increase in HR effectiveness How do you rate your Talent Attraction function's ability to source & deliver talent without the use of external search firms/vendors? KEY HR PULSE RATINGS 6.8 How would you rate the effectiveness of your HR function? Perspective from Business/Non-HR How do you rate the effectiveness of your HR function? TOP 3 reasons for the increase in effectiveness: 1· Acquired Additional Skilled Resources 2· Process Improvement & Efficiencies 3· Better Alignment Between HR Programs & Business Needs 61% Of respondents say this is better than the year before. Of respondents indicate that within their corporate leadership team, their HR function has become a Higher priority. TOP 4 reasons behind the increase in priority: 1· Increased Need for Alignment Between HR Programs and the Business Strategy. 2· Recognition of HR's Impact on the Bottom Line. 3· New Executive Leadership that Believes in the Value of HR. 4· Organizational Growth Agenda That Requires HR Support. 49% Relative to 3 years ago, Employee Engagement levels within my organization have Increased. TOP 3 WORDS to describe my organization in the past year.