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Why the CFO and HR should be BFFs in talent management

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To attract and retain talent, HR is looking for any tool it can use to get ahead — but one place it might not be looking is within its own C-suite. A collaboration with finance promises to help HR do more than hire and retain workers; the partnership can assure employees are happy and productive on the job.

“For me, it’s about changing the mentality,” Eric Hansen, CFO/COO at RedPeg, told HR Dive in an email. “You don’t treat employees as an expense that negatively affects the bottom line, but instead you look for ways to invest in the staff (professional development, culture initiatives, company growth opportunities, etc.), so we can all grow together.”

Robert Half data shows financial leaders were more likely to expand their reach into HR than any other department in 2018. “In the current competitive hiring market, it’s more important than ever for finance and talent management to work together to understand how employees’ workplace experiences affect the business’s bottom line,” Tim Hird, executive director, Robert Half Management Resources, told HR Dive.

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