People risk strategies for successful business change 

在我们最新的研究报告中, we discovered how employee reward and benefit strategies are transforming in organisations to mitigate people risk.

在整个系列中, and in each of the seven reports we’ve developed with the Reward and Benefits Association (REBA), we have highlighted the increasingly urgent pace of change reported by respondents. 创新, 市场需求, environmental targets and digital and technological development are the key components forcing this transformation, both on an iterative and a revolutionary scale.

There are an array of people risks that have the potential to undermine employee engagement, 好处 and businesses transformation. In this video interview, 尼克McMenemy, Partner and Digital, Strategy & Markets Leader for 美世 沼泽 Benefits, 和黛比·奥多诺万, REBA联合创始人, explores how employers can mitigate these risks.

Reward and benefit strategies are transforming to mitigate people risk

为了跟上, many successful chief human resources officers (CHROs) focus heavily on the human skills they need now, 以及预测未来, 有时未知的, skills they will need in the short, 中期及长期. How their organisations transform and succeed in a sustainable way will depend heavily on HR strategies linked to workforce skills.

From our research, it is notable that:

70%

Seven-in-10 respondents say 市场需求 for skills is a challenge

66%

Almost two-thirds of respondents say that the cost of recruiting new skills is a current risk

75%

More than three-quarters of respondent worry about business risks linked to wage demands

Our research also revealed that developing people and talent to embrace business transformation is a key objective. But having the right skills to innovate, 增加数字化, tackle changing 市场需求 and meet environmental targets is a major risk for employers right now. 为了解决这个问题, organisations must look at employees’ changing demands and keep them motivated throughout change.
一目了然:
  • 70%

    of respondents say 市场需求 for skills is a challenge for their organisation
  • 77%

    of respondents say wage inflation and demands are a current risk to the business
  • 64%

    of respondents say the cost of recruiting new skills is a current risk to the business
  • 59%

    of respondents say their organisation struggles to align changing employee expectations to their HR and business objectives
  • 48%

    of respondents say they struggle to align talent attraction and retention to their HR and business objectives
CEOs are expecting HR leaders to have answers to the people challenges that can offset wider business risks. Digitalisation sustainability and workforce transformation – these are people issues and people are complicated, they are more aware and connected, and their expectations of the workplace have changed.
尼克McMenemy

合作伙伴-数字,战略 & Markets Leader, 美世 沼泽 Benefits

Reward and benefit strategies are transforming to mitigate people risk

This report is the seventh in our Transforming Engagement series with REBA and aims to provide the context and practical steps needed to understand how to transform reward and benefit strategies to mitigate people risk.
贡献者
尼克McMenemy

-合作伙伴,数字,战略 & Markets Leader, UK, 美世 沼泽 Benefits

迈克Naulls

- UK Corporate Growth Leader, 美世 沼泽 Benefits

马克水域

- Market Development Leader, UK, 美世 沼泽 Benefits

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