More pressure on HR to deliver business results
David Woods, January 08, 2009
Despite rising redundancies, retaining employees is still the number one concern for HR managers in 2009.
According to a report from talent management solutions provider Taleo Corporation, one in five management teams (20%) think HR is nothing more than a hiring function compared with 56% who see HR as an enabler or driver of their business.
A quarter (25%) of HR managers expect their HR budgets to decrease this year compared with 22% who expect it to rise.
Chris Phillips, vice president of international marketing for Taleo, said: "While the current economic climate is clearly influencing the agenda for HR leaders, the challenges of retaining, motivating and aligning employees remain a priority. The results show more than ever, there is pressure on HR to deliver real business impact and to do so with HR costs constrained."