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."
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