As an HR leader, what goals have you set for 2023? Or maybe just the first quarter? Have you ensured your HR goals are tied to the business goals as a whole in order to help lead your organization to success? Let’s look at some areas that HR leaders are implementing into their planning to keep their organizations thriving in 2023.
If you’re like most HR leaders, you know that your employees are your number one asset for the company. Shouldn’t taking care of their well-being be a top priority this year?
Over the past few years, we’ve seen employee well-being grow beyond just physical factors. Now well-being includes more of a comprehensive, holistic concept including all sides of a person’s life: physical, emotional, social, mental, and financial. Listen to our podcast What does employee well-being actually mean? to learn more.
When HR leaders prioritize their workforce’s well-being, it brings about a culture that promotes an engaging and happy environment that reduces stress, allows for flexibility, and contributes to the business goals.
Company culture has been a key factor for businesses for many years, and that should not change in 2023. HR professionals understand that culture is critical for improving employee engagement and enhancing company performance. Not to mention attracting and retaining top performers. When employees feel aligned with their organization’s culture, they are more likely to enjoy work and feel happier.
In fact, according to Gallup, a strong company culture can be your organization’s competitive advantage.
Efficiency & Effectiveness
Organizations strive to work efficiently and effectively. When a company can master efficiency and effectiveness, then it can operate at its full potential. How can HR professionals get their teams to that point? By ensuring their HR systems and processes are automated and up to date.
Granted, upgrading your current systems could be costly. So, it’s critical to determine which systems or processes produce the most and best results. Then prioritize their upgrades to optimize your budget and resources.
Ensuring you have a way to gather all your disconnected employee data into real-time HR data stories is key. That’s where Employee Cycle’s HR Analytics Dashboard comes into play. It integrates with the most popular HR systems such as HRIS and payroll, applicant tracking, employee engagement and performance, rewards and recognition, and more, then provides HR leaders with metrics that matter the most across the entire employee lifecycle.
Executive teams are becoming more and more reliant on HR to provide people data and analytics that help them understand workforce trends for decision-making. It’s important for HR to support leadership by summarizing at a high level what is going on in the workforce. As HR leaders think about different metrics, the top three to include in an executive dashboard are:
- Hiring Rates
To learn more about this topic, check out our podcast episode, How to support executives with people analytics.
Wrapping It Up
We’re watching the reports, and it looks like 2023 may be a bumpy year. But if your HR team can align with your organization’s business goals while focusing on the areas listed above, it will help keep your company agile and resilient. And don’t forget to rely on your HR data to drive your decision-making.
Here at Employee Cycle, we are dedicated to the success of HR leaders. Our team understands the goals of HR professionals and we’ll work together with you to make sure you have the best HR data experience possible. Let’s schedule a demo so you can learn how Employee Cycle can help you succeed in 2023!