UK HR Directors experiencing a talent squeeze

UK HR Directors experiencing a talent squeeze

New research has found that HR Directors risk being so consumed with issues of talent retention and hiring that they are unable to plan effectively and build a long-term strategy for their business.

The Curve Group spoke to 50 leading UK HR Directors about their primary focuses for their roles, and to find out the greatest challenges in the early weeks of their new positions. In the anonymous survey, 92% of HR Directors say re-designing their organisation in response to digital disruption, new entrants and a flat economy is their main priority, but only 44% feel able to do so.

Lyndsey Simpson, Co-owner of The Curve Group, explained what these results mean and the implications they have on the future of HR.

“Our research recently found that the UK’s HR Directors are spending their time predominantly on day to day staffing requirements rather than building long term business strategy,” she explained.

“While day to day needs have to be a focus for Britain’s businesses, 92% of HR Directors see redesigning their organisation as their top priority for the next year. However, they feel they cannot do so because of a lack of time, and this problem is only likely to get worse. We know that over one third of businesses are unable to fill skilled roles, right now.

“These skilled individuals are in such high demand by other companies that we are likely to see turnover increase. This is the root cause of the Talent Tightrope – senior HR professionals are unable to liberate themselves from tackling recruitment and staffing problems, and thus are struggling to effectively develop strategies to plan and ensure their organisations become a Magnet for Talent.

“On an encouraging note, three quarters of the forward-thinking businesses in our research were planning to either continue current levels of outsourced support for staffing and talent management functions, or told us that outsourcing would likely increase in 2017. Outsourcing some HR functions in this way can reduce acquisition overheads by a quarter for businesses – so not only liberate HR Directors to address big issues, but these companies’ recruitment costs are lowered.

“At The Curve Group, we believe this will be a major differentiator for all businesses in the UK walking the Talent Tightrope in 2017. Savvy businesses are streamlining, more able to plan and resource effectively, and will be in a strong position to deal with the talent management rigours of the year ahead.”

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