Today's Top 10 Human Resource Management Challenges
Due to the fluctuating economy as well as local and global advancements, there are many changes occurring rapidly that affect HR in a wide range of issues. In the Survey of Global HR Challenges: Yesterday, Today and Tomorrow, conducted by PricewaterhouseCoopers on behalf of the World Federation of Personnel Management Associations (WFPMA), several challenges for human resource management were revealed. This survey, which concluded that "despite national and regional differences, there was remarkable unanimity," disclosed the following top 10 human resource management challenges:
| Challenges | % of Companies |
|---|---|
| 1. Change management | 48% |
| 2. Leadership development | 35% |
| 3. HR effectiveness measurement | 27% |
| 4. Organizational effectiveness | 25% |
| 5. Compensation | 24% |
| 6. Staffing: Recruitment and availability of skilled local labor | 24% |
| 7. Succession planning | 20% |
| 8. Learning and development | 19% |
| 9. Staffing: Retention | 16% |
| 10. Benefits costs: Health & welfare | 13% |
Source: http://www.villanovau.com/human-resource-management-challenges/
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