Human Resources (HR)

The chief people officer plays a critical role in the success of an organisation; translating the business strategy into a tangible people plan.

They must partner with the CEO to build the leadership team, create a culture, drive engagement and innovation, lead talent attraction and retention, and ensure that the business has a commercial compensation and rewards philosophy.

At Odgers Berndtson, our global reach enables us to identify world-class leaders for your organisation.

Quarterly HR Pulse Survey

We are gathering information on areas of the economic landscape that we believe are particularly under-researched and undervalued. 

We see the HR community as best equipped to comprehend and provide ongoing empirical intelligence regarding the People function. After gathering the data from our HR community members, we have compiled the results from Q1 and Q2 of our HR economic pulse survey.

The results reflect an interesting mix of trends, with HR professionals feeling concerned about macro factors including the rate of inflation with 80% of respondents anticipating increasing staff pay in 2024. There is a very clear emphasis on the development of existing staff, with Heads of HR placing the focus on Leadership Development, Coaching and Succession Planning.

Hiring practices are down, with only 50% of respondents stating that they are seeking to increase headcount this year. While informal conversations may suggest a resurgence of full-time office work, the data indicates that flexible working models have persisted.

The most recent results show that 60% of HR Leaders are finding it difficult to fill key positions and that 40% are looking to upskill or reskill their existing people.

Results of HR Survey conducted in Q1 2024