Study: HR entering the top priorities for companies

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During the economy downturn, human resources have entered the five most important concerns of business leaders in the region of Europe and the Middle East - at least according to the study by KPMG titled Business Leaders Survey involving 3,000 senior managers.

"Managing and retaining the right people" is considered critically important by 24% of the respondents. Last year, this issue did not get even among the top ten priorities in the same research.

Top 5 current corporate concerns

  1. Operational changes to ensure greater cost-effectiveness (43% of respondents)

  2. Improving cash flow and working capital (32%)

  3. Finding growth opportunities through successful transactions (30%)

  4. Preparing the organization for fundamental changes in business models (25%)

  5. Managing and retaining the right people in the organization (24%)

When asked what "managing and retaining the right people" exactly  means, 43% of respondents mentioned employee motivation. 30% believe that it is primarily a matter of  developing key people and 12% bet on pay and other rewards.

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Article source HR DIRECTOR - British website for HR directors and senior HR managers
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