Chief human capital officers (CHCOs) have a very difficult job — a job that is only getting harder.
Budgets are declining. Workloads are increasing. An aging workforce. Increased turnover and outdated or inadequate human resources (HR) systems and policies are adding additional hurdles, making their jobs more challenging than they have been in decades.
These are just a few of the topics covered in the latest survey of CHCOs by the Partnership for Public Service and Grant Thornton LLP.
Tim McManus is the Vice President for Education and Outreach at the Partnership for Public Service.
He told Chris Dorobek on the DorobekINSIDER program why CHCO’s are in for a big change.
“The government has been working to redo they way they recruit, retain and hire young talent. They also know that know is the time to really look at pay and compensation. Forget all the reports about feds being overpaid, it’s time to really evaluate what is working and what isn’t,” said McManus.
The report found:
So how do current CHCO’s think they are doing handing the changing workforce?
Here’s a more detailed video explaining the new findings.
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