Dear Reader,
2023 is likely to see many shifts in HR strategy. Companies are spending money on talent retention and reskilling to fight the growing signs of a global economic downturn. But this is one of the many challenges that the new year may herald.
EVP, which stands for "employee value proposition," will become the most important way to judge HR functions. To speed up employee evaluations, HR departments are expected to choose newer tools that rely on technology.
What are these new tools and how do key leaders feel about 2023?
Harshvendra Soin, Global CPO & Head Marketing – Tech Mahindra
Tech Mahindra asserts giving more power to the CHRO
Richard Lobo, EVP and Head HR – Infosys
Infosys feels the biggest priority this year will be to make the new ways of working a reality.
Priyanka Anand, VP & Head HR – SEA, Oceania & India – Ericsson
Ericsson believes the industry has emerged from one challenge and is going head-on with many more now.
Niraj Seth, EVP – Naukri.com
Naukri.com is of the opinion that challenges for CHROs and CEOs are far from over in 2023.
Read more to see how HR leaders view the evolving talent acquisition landscape this year.