Strategy & leadership is the top priority for 2024.
Nearly a third of HR professionals feel they can’t meet objectives due to underinvestment.
Nearly a quarter of businesses plan to use generative AI in the next 12 months.
18% of senior leaders disregard the importance of employee experience.
A whopping third of businesses don’t use surveys to measure employee engagement.
43% of businesses are lacking learning & development budget this year.
Training managers is the top L&D priority this year!
Determining how people are rewarded is up for debate...
A quarter of businesses don’t benchmark salaries.
Nearly a third of businesses don’t disclose salaries on job adverts.
More than half of businesses find churn rates aren’t improving.
Two thirds of businesses are using internal recruitment teams to find talent.
More than two thirds of businesses feel their new employees have a positive onboarding.
Formal performance management procedures are absent in many businesses.
Training and policy review are at the forefront of ED&I priorities for 2024.
We hope this report has helped you to paint a picture of the HR industry in 2024. Don't forget to stay subscribed to our updates for next year's report to stay on top of industry trends.
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