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Incentive Pay Challenges And Opportunities In 2023  

Chief Executive

A January 2022 Conference Board C-Suite Challenges Survey reported that the primary internal business challenge facing senior leaders is the attraction and retention of talent. This is juxtaposed against a more recent October 2022 KPMG survey that reported that nearly nine out of 10 CEOs expect a recession in the next 12 months.

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Talent Strategy: ‘It’s About Being Intentional’

Chief Executive

Ask a dozen CHROs what their talent worries are in 2022 and 11 of them will likely put talent acquisition at the top of the list. In May 2022 alone, 66 tech firms laid off a collective 16,800 people, according to tech job tracker Layoffs.fyi; that was the highest number of employees to get the axe in a single month since May 2020. .

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Recession-Proof Your L&D Strategies and Budget For Future Success

AIHR

Inspite of this, organizations have created the perception that learning is a benefit, or a privilege provided to employees as part of employee engagement and retention strategies. The majority of budget resides in fixed costs related to headcount.

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