The Times Australia
News From Asia

.
Times Media

.

EngageRocket’s HR Outlook 2024 reveals 4 proactive workplace approaches for thriving amidst global economic shifts

SINGAPORE - Media OutReach Newswire - 31 January 2024 - The COVID-19 pandemic underscored the need for resilient leadership in companies, which are now adapting to new challenges like geopolitical tensions, inflation, and ESG concerns.

These factors demand proactive organisational strategies for success.

EngageRocket’s HR Outlook 2024, drawing from interviews with over 100 global HR leaders and analysis of millions of employee survey responses, outlines four key work trends for 2024 and offers expert recommendations for businesses:

1) Proactive organisational change as a strategy to thrive amidst macro shocks

EngageRocket’s research finds that 45% of HR leaders consider "organisational transformation" as their top priority for 2024. Our study reveals that 37% of employees feel their teams lack innovative behaviours, potentially leaving companies vulnerable to macro changes.

These insights suggest a "transformation deficit", emphasising the need for HR and organisations to mobilise workforces, leverage restructuring and rethink processes to better navigate current and future macro shocks.

2) Gen AI: Addressing the future of work with thoughtful consideration, not hype

Only 5% of HR leaders named AI as their top priority. In EngageRocket’s survey, AI comes in at No.9 among the 10 priorities for HR. There is a sense of organisational hesitation when it comes to AI, which must be overcome in 2024.

3) Employee engagement is a collective responsibility

84% of employees trust their managers, according to our research. The role of leaders and managers who have earned employees' trust cannot be undermined. In 2024, employee engagement is a collective responsibility, and managers have an important role to play with the constant support of HR.

4) The 3 Cs of driving performance: Connection, Conversation, and Coaching

Traditional approach to performance management and reviews tends to be ineffective and has been for a long time. Based on conversations with over 100 global HR leaders, the solution to this challenge must be multi-faceted and encompass three aspects – connection, conversation, and coaching.

Download the full report: www.engagerocket.co/hroutlook2024

Hashtag: #EngageRocket

The issuer is solely responsible for the content of this announcement.

About EngageRocket

EngageRocket is an employee engagement and performance management platform that helps businesses build engaged teams, empowered managers, and elite organisations. Trusted by the top companies in 14 countries and 20 diverse industries—including Sephora, Toyota, Nikon, and Mizuho — EngageRocket provides continuous listening and real-time analytics to support impactful management action.

Learn more at

The Times Features

Amazon Australia and DoorDash announce two-year DashPass offer only for Prime members

New and existing Prime members in Australia can enjoy a two-year membership to DashPass for free, and gain access to AU$0 delivery fees on eligible DoorDash orders New offer co...

6 things to do if your child’s weight is beyond the ideal range – and 1 thing to avoid

One of the more significant challenges we face as parents is making sure our kids are growing at a healthy rate. To manage this, we take them for regular check-ups with our GP...

Joykids Australia Presents the Joykids Family Rave: A Weekend Adventure Like No Other

Get ready to kick off the first day of summer and the festive season with an unforgettable family adventure! Joykids Australia is excited to announce the Joykids Family Rave—an...

New study suggests weight loss drugs like Ozempic could help with knee pain. Here’s why there may be a link

The drug semaglutide, commonly known by the brand names Ozempic or Wegovy, was originally developed[1] to help people with type 2 diabetes manage their blood sugar levels. How...

Maintaining Your Pool After a Marble Interior Upgrade

After upgrading your pool with a marble interior, it’s crucial to understand that maintenance is key to preserving its elegance and longevity. You’ll want to regularly skim for d...

Labor using explanatory document to hide true powers of Misinformation Bill

The opinions and commentary of individuals could be deemed misinformation under Labor’s proposed legislation changes, according to James McComish of Victorian Bar. Appearing in...

Times Magazine

Take Control of Your Time with a Monthly Wall Planner

Benefits of a Monthly Wall Planner Organizing your life can be a difficult task. With so many tasks, obligations, and deadlines to remember and keep track of, it can seem like an insurmountable challenge. To make matters worse, our lives are const...

Learn About Singapore's Exceptional Physics Tuition

Welcome to JC Physics Tuition Singapore! We are a dedicated team of experienced tutors providing top-notch physics tuition services to students in Singapore aiming to score high grades in their A-Level and O-Level exams. Our mission is to provide...

How Lakeba Group and CEO Giuseppe Porcelli are Shaping AI Advancements

Where artificial intelligence (AI) is reshaping our world, the Lakeba Group is a bright light of innovation and progress. The company is led by Giuseppe Porcelli, a visionary tech enthusiast who has steered it to astounding AI breakthroughs. The...

Powering the Future: Innovations in Gas and Electricity

Powering the Future: Innovations in Compare Gas and Electricity" is a book that provides an in-depth exploration of the latest advancements and technologies in the energy sector. The book delves into the history of gas and electricity, while showca...

Take the Fear Out of Vaccinating Your Pet at Home

Definition of Pet Vaccination Pet vaccination at home is becoming an increasingly popular option for pet owners who are looking for convenient and affordable ways to ensure their pets receive the vaccinations they need. Vaccinating your pet at h...

From Grease to Gleam: Unveiling the Secrets of Oven Cleaning

A sparkling clean oven is a thing of beauty. It's also a sign of a well-maintained kitchen. But let's be honest: oven cleaning is not exactly the most fun task. It can be time-consuming and messy, and it's easy to get discouraged. But don't despair...