Tuesday Jul 22, 2014

HR and Finance Agree? – Has The World Come To An End?

By guest bloggers Alex Anvari and Mike Bollinger

HR and finance executives agree on many people and performance-related issues according to a survey of HR and finance executives by Towers Watson and Forbes Insight. 

The top areas of joint activity, according to the survey were, setting annual budgets for reward programs (cited by 46 percent of finance and 62 percent of HR), determining changes to reward programs (43 percent finance and 42 percent HR), and setting reward strategy (39 percent finance and 41 percent HR).  Other important areas like overall workforce strategy (35 percent finance and 23 percent HR) or talent management (32 percent finance and 20 percent HR) saw considerably less collaboration, however.  That last set seems low to us and an opportunity for further improvement.

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