In a complex post-recession job market with a growing talent gap, top executives are looking to HR leaders for innovative business strategies grounded in data, according to a recent CareerBuilder study.
A majority of CEOs (65%) agree that post-recession, HR opinions carry greater weight with senior management; nearly three fourths (73%) say that their HR leader has provided data that they have incorporated into their business strategy.
Shaping this new era is a post-recession landscape defined by increased competition for skilled talent in the face of shrinking labor pools and demands for higher salaries. Sixty percent of CEOs reported their companies have not been able to reach their full potential because they cannot find enough qualified candidates, and almost one fourth (23%) say the pressure to raise wages is among the issues that keep them up at night.
HR’s new mission
And nearly half of CEOs (48%) say their companies have lost money due to inefficient recruiting.
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