HR Barometer - Global Infographic
A new Michael Page study shows that, far from being a management cliché, people really are an organisation’s most important resource. Recognition of this reality means HR leaders are placing a heightened focus on managing and retaining talent. In doing so, HR is increasing its own value to the business as an operational and strategic partner. According to the Michael Page study, which polled the views of over 2,500 HR leaders worldwide, the current top priorities for HR are: talent management, training & development and talent recruitment. The challenges now facing the HR function include: meeting the demand for workforce expansion, applying KPIs more systematically to monitor company needs, and providing insight and guidance to the board. See our global infographic for an at-a-glance view of the study highlights.
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HR Barometer - Global Infographic
- 1. 86% 8 3% 81% 79% 7 9% 78% THE RACE FOR TALENT IS BACK ON Nearly half (48%) of HR leaders expect their workforce to increase over the next 12 months. Almost a third of organisations have increased their recruitment budget: 27% 52% 21% INCREASING STABLE DECREASING Latin America 42% USA & Canada 49% Africa 66% Asia Pacific 50% UK & Ireland 60% TALENT IS AT THE HEART OF HR PRIORITIES HOW DOES HR MEASURE SUCCESS? THE HR LEADER’S INFLUENCE: INCREASINGLY STRATEGIC A snapshot of priorities, where talent management and training & development top the global list: Globally, 64% of organisations track fewer than 3 KPIs The bigger the company – and its HR team – the greater the level of HR KPI tracking Employee performance Staff turnover Employee engagement Employee competencies Recruitment efficiency Managerial performance Employee mobility None 72% 67% 46% 43% 43% 32% 16% 3% Few or no KPIs 3 or more KPIs Talent acquisition / recruitment HR policies Employee relations Training & development Performance management Talent management Talent management 33% Training and development 33% Talent acquisition/recruitment 32% Performance management 28% Change management/transformation projects 27% Employee retention 26% Employer branding/marketing/employee value proposition 13% Diversity and inclusion 4% Are Diversity and inclusion just buzzwords or essential for business success? Only 4% of organisations list them as a priority. 52% of organisations with over 100 HR employees track more than 3 KPIs The findings featured in this infographic are based on responses from 2,572 HR leaders in 65 countries. 63% of HR leaders in senior management directly report to the CEO/CFO/chairman or woman/ general director/managing director. HR’S SCOPE OF RESPONSIBILITIES GLOBAL INSIGHTS HR BAROMETER Putting People First How HR is at the Forefront of Business Growth and Transformation Middle East 75% Continental Europe 44%