The annual report by McLean and Company provides helpful insights on key issues impacting Human Resources (HR). The survey collected over 1,000 responses from HR professional around the world. Below are key insights from the report.
Top priorities
The top HR priorities remained the same between 2022 and 2023. The top concern is recruiting, followed by a great employee experience, leader development and controlling labor costs.
- Contact the Davidson Group for guidance on recruiting and training employees. We also provide leadership succession planning. Our fractional HR program can reduce your labor costs.
Increasing role of HR
Since 2020, the HR function expanded their involvement in developing organizational strategies. This highlights the importance of managing human capital in any organization.
- With over 120 years of combined HR experience, the Davidson Group provides strategic advice for organizational growth.
Key strengths for HR employees
The foundation of Human Resources is relationships. Effective HR departments report the ability to build relationships, leverage resilience and have strong emotional intelligence.
- The Davidson Group can create custom training to enhance team cohesion and development of core soft skills.
Increased levels of stress and burnout
More than a third of survey respondents reported increased levels of stress and burnout. Workload and work/life balance concerns contribute greatly to employee burnout.
- Companies across the southeast rely on the Davidson Group for role alignment. Clarifying job descriptions and key functions can reduce employee stress.