Biz staffing Comrade releases survey report on HR landscape

Hyderabad: Biz Staffing Comrade Pvt released the results of its survey held at the HR Conclave - Biz Connect recently. During the event, several questions were posed to the HR leaders to gain insights into their views on various strategic topics. More than 30 HR leaders participated in the survey. The survey, which aimed to understand the current and future state of the HR landscape, found that 59 per cent of leaders believed that it would be selective hiring in 2023, 33 per cent of leaders believed that it would be aggressive hiring while seven per cent of leaders believed that there is a pause in hiring.

The survey also revealed that approximately 71 per cent of leaders believed that attrition has declined in 2023; around 17 per cent believed it remained at similar levels compared to 2022 while about 13 per cent of participants believed there was an increase in attrition in 2023 compared to last year. The survey also highlighted that the most important factors for candidates in deciding a role included considerations such as compensation, work-life balance, job security, advancement opportunities, learning new skills, priorities, and global exposure amongst others.

This specially curated event brought together top talent acquisition and HR leaders from across industries and consisted of multiple sessions with themes such as embracing a strategic approach to talent acquisition (TA) in today's business environment, unveiling the best practices in building long-term talent pools, trends that are shaping talent market in 2023 and beyond, identifying and overcoming the challenges along the way amongst others. The event and the roundtable discussion was moderated by Shubhra Bhandari, a highly accomplished HR professional with a remarkable track record.

Speaking on the event, Puneet Arora, Managing Partner, Biz Staffing Comrade Pvt Ltd said, “This event offered an opportunity to gain insight from renowned industry experts and engage in meaningful dialogue with their peers. Over the years, the role of the talent acquisition function has changed considerably from a traditional number focused inward function to a highly quality focused outward function to achieve the organization’s broader goals. TA is now responsible for so much more within this space, from talent information to internal mobility and retention and tends to focus on long-term human resources planning.”

“Human Resource professionals navigating economic uncertainty and an ever-shifting work environment will pursue new approaches and new technologies to better develop and retain talent. Today, the success of any modern organisation depends on the success of its workforce. However, there is a persistent skills gap across industries, which has a direct impact on productivity, business growth and innovation. Hence, considering the increased focus on people capability and the asymmetric talent war in the market, the role of Talent Acquisition has become critical to organizations,” said Jasvinder Bedi, Managing Partner, Biz Staffing Comrade Pvt Ltd.