ASX Top 100 HR Study 2007 - Part 3

Author: Craig Donaldson
Date: April 2007
Source: Human Resources magazine
Study Sponsor: Accumulate

Excerpt

Spending up on HR

HR has been getting a lot of airplay within companies of late. There are increased demands of the HR function with a variety of complex new business challenges. As companies increasingly realise that issues such as talent management, attraction and retention are key to competitive edge, executives are demanding more of their HR departments - and many CEO's are willing to put their money where their mouths are.

HR Investement on the up

In Human Resources magazine's latest study of Australia's top 100 ASX-listed companies, the majority of these companies are spending up on HR, with 63 percent o compnies increated their investment in the HR function.

HR staffing levels

Companies are also paying more attention to the numbers and strucutre of HR staff within their departments. As business becomes more complex, the skilss required of HR professionals are also becoming more sophisticated.

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