HR Challenges

HR Challenges Research Results

Improving employee engagement is the biggest HR challenge for businesses in 2014. This is just one of the findings from research conducted by our employee benefits division Secondsight with Clarity Surveys in to the issues facing HR this year.

More than half (54 per cent) of respondents believe that improving employee engagement is their biggest HR challenge. In addition, retaining talent and budgetary constraints were ranked second and third respectively.

Its HR challenges survey found that only 17% of respondents cited developing a reward and benefits package as the main challenge.

More than a third (39%) of respondents cited implementing legislative and regulatory changes as a top challenge, while 52% cited retaining talent and 25% training and development.

When asked what their priorities were over the next 12 months, 77% of respondents said they will be working on their salary review process, while 43% are looking to increase awareness of their benefits package and 40% plan to review their benefits providers.

The research also found:

  • 60% of respondents have yet to reach their auto-enrolment staging date.
  • 63% of respondents will use their existing provider to implement auto-enrolment.
  • 14% of respondents provide any form of financial education to their staff.

Mark Bingham (pictured), senior partner at Secondsight, said: “It is interesting to see that organisations believe employee engagement is their biggest issue for 2014.

“We are firm advocates of employee engagement and the communication of employee benefits. We know that talking with employees and helping them to truly understand their benefits leads to higher engagement and appreciation.”

Coverage of the research has been received online with Employee Benefits.