The HR & Payroll Resource Center is your integrated, comprehensive source for HR and Payroll information that merges news, analysis, and guidance – including custom answers,...
July 8 — Nine in 10 executives think HR professionals who work for them should be proficient in workforce analytics, and 35 percent deem it “absolutely essential,” Chicago-based job search website CareerBuilder.com said in a July 7 press release announcing the results of a survey it commissioned.
But on the bright side, that coveted HR “seat at the table” is increasingly a reality, with 73 percent of the 88 executives at U.S. companies with revenue of at least $50 million that Harris Poll surveyed for CareerBuilder saying “that their HR leader has provided data that they have incorporated into their business strategy,” CareerBuilder said. Moreover, it said, “65 percent agree that post-recession, HR opinions carry greater weight with senior management.”
HR problems weighed on the executives surveyed, with 60 percent saying “their companies have not been able to reach their full potential because they cannot find enough qualified candidates,” CareerBuilder said. Nearly half of the executives said their company didn't have enough skilled candidates and that their companies had suffered financially because of inadequate recruiting efforts, it said.
• “providing actionable talent data and other research to help devise strategies to meet larger business goals”;
• “showing ways to increase efficiencies or cut costs by better using the company's human capital”;
• “knowing what the company does, but also how everything works”; and
• “proactively working with other leaders to help solve business problems.”
“I’d say it’s not necessarily that HR professionals haven’t succeeded in taking steps to gain greater influence,” Mary Lorenz, corporate communications manager for CareerBuilder, said in a July 8 e-mail to Bloomberg BNA. “It’s more so that their relationships with CEOs—as well as the expectations CEOs have of them—have evolved over time. This study highlights the opportunities available to HR professionals now.”
To contact the reporter on this story: Martin Berman-Gorvine in Washington at firstname.lastname@example.org
To contact the editor responsible for this story: Simon Nadel at email@example.com
A press release on the survey results is available at http://www.prnewswire.com/news-releases/careerbuilder-survey-reveals-new-era-in-ceo-human-resources-relationship-300109753.html.
All Bloomberg BNA treatises are available on standing order, which ensures you will always receive the most current edition of the book or supplement of the title you have ordered from Bloomberg BNA’s book division. As soon as a new supplement or edition is published (usually annually) for a title you’ve previously purchased and requested to be placed on standing order, we’ll ship it to you to review for 30 days without any obligation. During this period, you can either (a) honor the invoice and receive a 5% discount (in addition to any other discounts you may qualify for) off the then-current price of the update, plus shipping and handling or (b) return the book(s), in which case, your invoice will be cancelled upon receipt of the book(s). Call us for a prepaid UPS label for your return. It’s as simple and easy as that. Most importantly, standing orders mean you will never have to worry about the timeliness of the information you’re relying on. And, you may discontinue standing orders at any time by contacting us at 1.800.960.1220 or by sending an email to firstname.lastname@example.org.
Put me on standing order at a 5% discount off list price of all future updates, in addition to any other discounts I may quality for. (Returnable within 30 days.)
Notify me when updates are available (No standing order will be created).
This Bloomberg BNA report is available on standing order, which ensures you will all receive the latest edition. This report is updated annually and we will send you the latest edition once it has been published. By signing up for standing order you will never have to worry about the timeliness of the information you need. And, you may discontinue standing orders at any time by contacting us at 1.800.372.1033, option 5, or by sending us an email to email@example.com.
Put me on standing order
Notify me when new releases are available (no standing order will be created)