HR Trends Report 2009 - Tough Times Ahead
June 8, 2009
HR set for change in a tough year
Vancouver, B.C. – The BC Human Resources Management Association (BC HRMA) released its annual report on HR trends. HR functions in BC are set to handle significant change and will face a tough year restructuring their organizations on reduced budgets.
The HR function is in for a very different year from last year and a tough one too:
- HR budgets are being reduced in 43% of organizations.
- 40% of organizations expect to be reducing headcount.
The focus for the year ahead has changed dramatically from last year:
- 2008 was a year focused on recruitment and retention.
- 2009 will be a year focused on organizational restructuring and developing employee capability.
The environment facing HR professionals is getting more complex and diverse as they work to respond to economic uncertainty, an ever broader range of people issues and look to deploy the rapidly changing technology to support their plans. The way organizations are responding to this changing environment does not follow a single clear pattern suggesting there is a lot of experimentation and innovation underway.
Not all organizations are suffering and within the 700 respondents over 31% expect their revenue to increase this year - 24% expect to increase their staff levels this year.
BC HRMA is a non-profit organization dedicated to advancing professional people practices through professional development opportunities such as workshops, mentorships, access to research and conference. We have 4,700 members and 3,000 affiliates that collectively represent CEOs, directors of HR, consultants, educators, students, HR generalists, and small-business owners. Established in 1942, BC HRMA is a founding member of the Canadian Council of Human Resources Associations (CCHRA) and the exclusive grantor of the Certified Human Resources Professional (CHRP) designation in British Columbia.
1101-1111 West Hastings Street
Vancouver, BC V6E 2J3
T: 604.684.7228For more information contact
Ian J. Cook MA, MBA
Director, Research and Learning