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HR professionals feeling the pressure

Filed under: Recruitment General — Jonathan on July 12, 2013

Around 65% of professionals working in HR feel that they have been overwhelmed by complexities regarding justifying talent investment, with mounting pressures to track and show a return, according to new research. This could alter the drive for companies placing talented professionals in information security vacancies and other roles.

A dramatic attitude change with regards to holding HR accountable for talent investment has decreased the levels of finance being poured into personnel.

Cirrus, the leadership specialists – along with Lumusse, global technology specialists in talent management – surveyed talent and HR professionals from sectors that included utilities, retail, professional services, manufacturing, advertising, media, leisure, FMCG and finance and banking. The companies discovered that two key challenges HR professionals are having to face when attempting to resolve the issue.

Just under half of HR professionals feel that they don’t have the necessary skills required for the development of a financial business case. Further, a similar number feel that accurately measuring the monetary impact of investing in talent isn’t possible.

Cirrus partner, Rob Davies, said:

“The Xancam team at Cirrus conducted similar research back in 2008, and while we’re not surprised by the shift in attitude, we did not anticipate the level of pressure HR professionals feel to justify talent investment.”

He went on to say that one interesting fact about the study is that, in spite of the pressure that exists, there remains a lack of guidance or consensus with regards to what an acceptable business case is or how it should be presented.

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