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Ramesh Ranjan posted an update
The State of People Strategy Report 2024
It’s been a chaotic year. Yet in the face of so much uncertainty, this year’s State of People Strategy Report found that HR teams still serve as a rock for employees and executives to lean on. But there’s more:
- HR teams are holding steady: Only 41% are meeting or exceeding their goals, but 64% feel engaged and 65% feel confident about their job security.
- HR budgets and bandwidth are stabilizing: 79% said their budgets are staying the same or increasing, 76% are already looking into AI solutions, and 86% have a flat or increasing headcount.
- Successful HR teams have a lot in common: Of those who are exceeding their goals, 82% are confident in connecting their work to business outcomes, and 67% get sufficient support from the C-suite. They’re also 2.6 times as likely to be using performance management software.
Thankfully, there are ways HR can work through these challenges. Scroll through the findings from this year’s survey to discover how high-performing teams are leading the pack and hear from industry leaders on how to do the same.
https://lattice.com/state-of-people-strategy-report-2024?
lattice.com
State of People Strategy Report 2024 | Lattice
It’s been a chaotic year. Yet in the face of so much uncertainty, this year’s State of People Strategy Report found that HR teams still serve as a rock for employees and executives to lean on.