Board room  (Shutterstock)

Human capital has become central to corporate agendas as the dynamic between employees and employers has shifted in recent years. CEOs continue to view talent as a top concern even in the face of a slowing economy. This has elevated the strategic role of the Chief Human Resources Officer (CHRO) as a critical leader in the C-suite. Together, CEOs and CHROs are tackling critical talent management issues from developing the leaders and managers they need to drive the business to advancing Diversity, Equity, and Inclusion (DEI) initiatives to keeping factories and stores fully staffed with an engaged workforce. All the while, they must jointly tackle the pressing tactical issues related to returning to the office, managing hybrid and remote workforces, and supporting an ever-growing need for health and wellness support as burnout, mental health challenges, and other personal health issues have risen to the fore on the HR agenda.

Sometimes, managing these elements can create tension in the relationship between these two C-suite leaders. While the word “tension” often carries a negative connotation, in practice it can be productive and used to strengthen the CEO-CHRO partnership and propel their organization forward. The debate about whether workforces should return to the office full time or on a hybrid basis is a particularly timely example of this tension. Many CHROs are walking the tightrope between representing the needs of employees, who desire flexibility, with the needs of CEOs and upper management, who are concerned with the need to promote in-person collaboration for innovation and culture. The trend of “quiet quitting,” the ongoing Great Resignation, and a looming economic downturn leave leaders with little margin for error.

Complete your profile to continue reading and get FREE access to BenefitsPRO.com, part of your ALM digital membership.

Your access to unlimited BenefitsPRO.com content isn’t changing.
Once you are an ALM digital member, you’ll receive:

  • Critical BenefitsPRO.com information including cutting edge post-reform success strategies, access to educational webcasts and videos, resources from industry leaders, and informative Newsletters.
  • Exclusive discounts on ALM, BenefitsPRO magazine and BenefitsPRO.com events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com

Already have an account?

Dig Deeper

 

BenefitsPRO

Join BenefitsPRO

Don’t miss crucial news and insights you need to navigate the shifting employee benefits industry. Join BenefitsPRO.com now!

  • Unlimited access to BenefitsPRO.com - your roadmap to thriving in a disrupted environment
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com
  • Exclusive discounts on BenefitsPRO.com and ALM events.

Already have an account? Sign In Now
Join BenefitsPRO

Copyright © 2023 ALM Global, LLC. All Rights Reserved.