Those in Human Resources have not had a “normal” year in far too long. Instead, HR leaders have faced several once-in-a-lifetime challenges since 2020. HR leaders have navigated employee safety, furloughs and layoffs, rehiring, shifts to remote work, retention in an ever-changing landscape, a potentially imminent recession, and the “Great Resignation.” Top HR management challenges include change management, leadership development, learning and development, and the multitude of challenges that come with staffing throughout a pandemic.
Human Resources departments continue to evolve from tactical, administrative roles to strategic players in an organization, an integral part in the long-term strategic planning process of the organizations they support. With additional responsibilities and often their own initiatives, HR executive compensation should accurately reflect this work and its impact on company performance and metrics.
Do HR leaders feel that they are being fairly compensated? What does this mean as we 2022 comes to an end?
Read our full report for more insights about the state of CHRO compensation.