Business Leaders' HR Challenges and Priorities Assessment

This document is an interactive assessment designed to help business leaders compare their priorities with those identified by 600 U.S. business and HR leaders in a survey. It outlines key challenges faced by leaders, with economic uncertainty identified as the top business challenge. The assessment reveals that 57% of leaders struggle with attracting and recruiting talent, while 52% prioritize employee wellbeing and mental health. Additionally, it highlights that a significant portion of leaders, 34%, spend over 10 hours a week on HR administration, costing companies an average of $171,997 annually. The document also discusses employee retention strategies, emphasizing that improving benefits is the number one strategy. It presents various workforce management priorities, including workforce productivity and performance management, and notes the financial impact of employee turnover, which costs an average of $9,379 per person. Overall, the assessment serves as a benchmark for understanding current HR challenges and priorities.