[WORK IT!] HR Trends for 2023

There’s a need for human resources to “enhance its strategic skill set and monitor increasing HR stress and burnout levels,” according to a new HR Trends 2023 report from McLean & Company, based on a survey of 1, 075 business professionals in small, medium and large companies.

The report reveals that HR priorities have largely remained the same from 2022-2023, with talent development increasingly becoming a focus, representing two of the top-five priorities. Controlling labor costs remains a top-five priority, though with economic instability on the horizon, this will likely become even more of a focus in 2023.

HR needs to refocus on governance, leadership buy-in, and strategic discussions around diversity, equity, and inclusion (DEI) to effectively continue on the DEI journey, according the report. The 62-page report delves deeply into the identified top priorities for the coming year: recruiting, providing a great employee experience, developing leaders, controlling labor costs, enabling learning, and development and DEI.

Among the insights, with data and details: HR headcount is slowly rebounding; relational skills remain a strength; trust and communication are critical components of HR’s value proposition; stress and burnout levels for all employees are concerning; and connecting purpose to work may help buffer stress experiences.

To download the report, click here and scroll down the page