Every year, the world has it's share of challenges. HR needs to be able to somewhat anticipate what this means for the organization and the impact it has on staff.
At the start of 2023, Forbes listed the 6 biggest HR challenges as:
- Talent Shortages And Upskilling.
- Employee Experience
- Organizational Agility
- Purpose-Driven Work And Workplace
- Addressing Workplace Burnout And Mental Health Challenges
- HR Digitization
While this does seem to reflect the past year, and perhaps the present concerns, we have to look forward to 2024.
At this point, we seem to be coming to terms with the economy and inflation, but it's certainly not changing fast. I saw an article from HCA Mag that was titled, "1 in 5 Canadian employers losing out on talent over salary, benefits"
So what do we do?
We need to stay creative!
What are you using for talent attraction and candidate engagement?
What about improving employee engagement?
Businesses in all industries will need to figure this out to meet these goals and, hopefully, weather whatever economic challenges lie ahead.
My thoughts would be to start promoting employee benefits as a strategic piece of the puzzle on talent attraction, employee engagement, and retention
What ideas do you have to help reduce the negative impacts and costs associated with high turnover?