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Retention will be biggest HR challenge in 2024 | Ashleigh Webber

HR professionals expect retaining staff to be their biggest challenge in 2024, a survey has found.

More than a third (36%) of HR professionals surveyed by employment law service espr by WorkNest identified employee retention as a priority for the new year, with recruitment (30%) a close second.

These findings align with recent Culture Amp research that found a fifth of workers are at high risk of leaving their jobs in 2024.

The cost-of-living crisis appears to have fallen down HR’s list of priorities according to esphr, with only 27% identifying it as a concern for 2024, compared with 70% who said it would be a challenge in last year’s survey.

Employee engagement is a 2024 priority for 26%, while legislation changes (7%) and government changes (9%) were of lesser concern for HR.

Charlotte Ashton, associate solicitor and head of immigration at esphr, said: “We have seen a shift in what most concerns HR managers with not one, but two, key areas overtaking the rising cost of living which shows how much can change in just one year.

“As we start to see economic signs of recovery continuing following some very turbulent pandemic years, the job market continues to grow which gives people more opportunity to explore job options more freely. Therefore, if your organisation isn’t providing a good environment, salary, benefits and culture, retention could be a significant issue.”

Asked what would be the most important areas of support for employees in 2024, mental…

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