ThePeopleSpace

Leaders, Are You Overpaid? 🤔 In our latest podcast, AI leadership expert David De Cremer says if you’re waiting for data analysts to define your company’s direction, you might be overpaid—and they might be underpaid! Listen here bit.ly/3XYVI0d #HR #AIinHR #FutureOfWork

Eric Severson, with Neiman Marcus Group, spoke about hybrid work at the 2024 #ForbesFutureOfWork Summit. trib.al/rKvgghx

Italy is tying itself in knots over gender quotas - Nobody wants quotas. But all the data shows us the same thing: when you don’t have quotas, the process of transformation takes longer. It’s just a patriarchal system that protects itself.” on.ft.com/46hurZe via @FT

Post-CEO transition, there's a 54% replacement rate for CHROs within just two years. A clear testament to the ripple effect leadership changes can have across the C-suite. More here bit.ly/3Te6Lih #CEOTransition #CHRO

📣Thread Alert! 🧵 Diving into the insightful strategies from former CPO Annette Andrews on navigating through budget cuts while keeping people and progress at the forefront. Stay tuned for our 12 key takeaways from her must-read article on thriving in challenging times. #HR

HR Leaders: Master Return-to-Office (RTO) in 5 Days! Get our FREE crash email course, distilled from top HR experts' insights, on implementing RTO. Like & RT for access. Make sure we're connected so we can DM you!

🔗 That's a wrap on Annette Andrews' essential strategies for HR during budget cuts! Craving more in-depth insights? Sign up for our free fortnightly newsletter. Don't miss out! 👉 bit.ly/TPSupdates #HRLeadership #BusinessGrowth #HRManagement #BusinessResilience

12. Business Plan: 📊Have a data-supported business plan to gain executive support. Show the value of every initiative. #HRManagement #BusinessResilience

11. HR’s Own Wellbeing: ❤️ Don't forget the wellbeing of the HR team. They're the backbone of managing these challenging times effectively. #HRManagement #BusinessResilience

10. Employee Engagement: 💬Engage employees in change initiatives and budget optimisation. Involvement leads to commitment and better outcomes. #HRManagement #BusinessResilience

9. Suppliers: 🤝 Consolidate suppliers and negotiate savings. Every penny saved is a penny earned. #HRManagement #BusinessResilience

8. Focused Activity: 🔎 Identify areas costing the business money and focus on them. It's all about strategic allocation of resources. #HRManagement #BusinessResilience

7. Development: 📈 Continue developing your team's skills. Avoiding a complete halt on development activities can keep morale high. #HRManagement #BusinessResilience

6. Wellbeing: 🌟 Focus on wellbeing initiatives to tackle higher absence rates and retention issues. Happy employees are productive employees. #HRManagement #BusinessResilience

5. Employee Benefits: 💼 Adjust employee benefits to align with changing needs and cultural norms, ensuring your team feels valued and supported. #HRmanagement #businessresilience

4. Restructuring: 🔄Consider voluntary redundancy programs and healthy attrition rates to balance the workforce and budget. #HRManagement #BusinessResilience

3. Recruitment: 🔍 Get creative in recruitment by restructuring roles and promoting internal talent. Smart hiring is key in tough times. #HRManagement #BusinessResilience

2. New Talent Initiatives: 🌱Maintain programmes like graduate schemes and apprenticeships. Investing in new talent is investing in the future. #HRManagement #BusinessResilience

1. HR Systems: Continuing to enhance HR systems is crucial, even during budget cuts. They play a key role in business growth and efficiency. #HR #businessresilience