The HR Barometer is based on a survey conducted in Q2, the study gathered responses from over 2,500 HR leaders located in 65 countries across the world. Some of the key finding from this survey are:
- HR is at the forefront of Business Growth and Transformation
- 49% of HR leaders in North America expect their workforce to increase in the next 12 months
- 30% of all organizations in North America have increased their recruitment budget
From the insights we have received from HR leaders across the world, we see that the HR function is undergoing radical change. From being regarded as an administrative function, HR has become more focused on recruitment and talent development.
The responses of HR leaders globally signal a maturing HR function, which is aligning more closely with the business and becoming a strategic partner in attracting, hiring, developing and retaining talent, as organizations place increased value of their people.