Top HR priorities in 2023

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Top HR priorities in 2023

Have you set human resources goals for 2023? With the right priorities, HR can transform organizations and make the workplace better for every employee. But any yearlong objective requires two key elements: focus and strategy.

It might be daunting to identify where to start. After all, each aspect of a worker’s life offers human resources a chance to enhance it. Maybe you want to test a new approach to the employee experience, or you’re ready to roll out a fresh onboarding initiative.

As you consider the goals that make sense for your workplace, you might wonder what priorities other HR teams and leaders have set..

In a recent survey, HR professionals were asked about their top three priorities for 2023. The top most pressing issues were:

  1. Retention
  2. Talent acquisition
  3. Engagement
  4. Career development

1. Retention

Retention continues to be a top priority for most in HR. High attrition, burnout and stress don’t just push current employees away; they could dissuade potential new hires and harm recruitment.

Turnover also carves deep into a business’s bottom line. Hiring and training a replacement can cost up to 200% of the original employee’s annual salary. Holding on to great talent pays off. Human resources has the chance to focus on workplace objectives that attract employees and elevate their overall experience.

 

Tips for Improving Employee Retention

 

Disengaged employees won’t stick around forever. Turning the tide on turnover requires understanding what inspires employees and channelling it through:

  • performance reviews
  • learning
  • advancement

Don’t discount the power of the right technology for an effective learning management experience. Giving employees wider access to pieces of training encourages them to pursue professional development, helping retention rates.

 

A business can’t expect to keep employees if it can’t correctly pay them. This guide examines how using employee-driven payroll helps:

  • boost compliance
  • reduce liability
  • connect employees to their data
  • free human resources to focus on retention

Ultimately, if payroll is unreliable, so is every other retention-driving initiative.

2. Talent Acquisition

 

Retention and talent acquisition share many initiatives, but their goals are slightly different. If retention is about holding, then think of talent acquisition as growing. But attracting new employees only goes so far if it’s not backed by:

  • values
  • a strong culture
  • fair and meaningful compensation
  • potential for career growth

Effective talent acquisition also requires an understanding of the labor market. What was compelling to older generations might not fly with millennials or Generation Z. Understand these differences and use the right recruitment tools to help sharpen your competitive edge.

 

Tips for Effective Talent Acquisition

Investing in unconventional benefits helps businesses broaden their talent pool and accommodate current employees better. This blog post examines new and underused offerings like:

  • mental health services
  • charitable giving
  • upskilling and reskilling
  • and more!

3. Employee Engagement

 

A new job only holds its lustre for so long. Truly engaging employees requires understanding what they want.

There are a ton of ways to foster engagement, but they’re limited by disjointed and outdated tech. An overwhelming majority of the human resources teams said they'd focus on engagement without redundant HR tasks holding them back.

Tips for Enhancing Engagement

 

Engaging employees isn’t as simple as buying new HR tech. If the software’s too hard to use, it could ultimately harm engagement. So how do you know if the tech you’re investing in is right?

This blog post explores three critical steps to evaluate HR tech and ensure it’s a good fit. Read it to learn how the right tech can:

  • improve the employee experience
  • consolidate platforms and tools
  • make engagement easy

 

 

4. Career Development

 

Eventually, employees will want to take the next step in their career. Who says that has to happen outside of your organization? Over 1 in 3 human resources pros (35%) said employee career development will be among their biggest focuses this year.

Self-motivation plays a part, but some employees might not take the leap if they don’t know what opportunities they have. A powerful learning management experience, frequent communication, mentoring, and performance reviews are just a few options to give employees something to aspire to.

 

Tips for Developing and Upskilling Employees

Everyone benefits from a great mentor. Holly Faurot, Paycom’s chief sales officer, said her mentors pushed her to be a leader and a powerful mentor herself. And in this blog post, she shares how a mentoring program:

 

  • strengthens retention
  • encourages employees to learn and take risks
  • can be easily implemented in your organization

 

A workplace is more than just a place to work — you read that right. Employees need to know their experiences, thoughts, and feelings matter. According to HRavailable Human resources professionals are pushing for greater diversity, equity, inclusion, and belonging in 2023. Making this happen isn’t unrealistic, it just needs the right approach and commitment.


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