Launched in the first quarter of 2021, the CHRO Confidence Index is a monthly pulse survey of U.S.-based senior HR executives on their outlook for business and how shifts in the workforce are affecting their companies and strategies. Every month, StrategicCHRO360 asks thousands of CHROs the same three questions regarding their confidence in the current business conditions, future business conditions and their forecast for the year ahead. Supplementing those three questions are questions on current events, as they pertain to strategy and operations.
Participation in the poll is reserved exclusively for CHROs and senior HR executives, at companies across all sectors and sizes.
The survey fields once per month and only remains open for 48 hours, thus making for a very timely assessment of sentiment. The data is compiled and analyzed to establish trends and calculate the Index’s weighted averages. The results are then released on StrategicCHRO360.com, with exclusive comments and insights from hundreds of participating CHROs. Unless otherwise explicitly agreed upon by the respondent, all responses are kept confidential to allow participants to share their perspective in a respectful, truthful, unbiased and collegial setting.
For more information about the Index and the different research programs we run, please contact our Research team at research@ChiefExecutive.net.
CHROs Grapple with Long-Term Effects of Labor Shortage
StrategicCHRO360 research shows CHRO optimism falling another 8 percent in quarter 2 of this year mainly on struggles to hire staff. Their forecast is in-line with other members of the C-suite but has not fallen as far as that of CEOs, who, in May, reached their lowest level of confidence in future business conditions in almost 6 years.
StrategicCHRO360’s latest research shows HR leaders are split almost in half over whether their organization should raise insurance premiums for employees who are not vaccinated against Covid-19. But there are areas of unity, particularly when it comes to measuring organizational resilience.
New research shows CHRO optimism falling below that of CEOs for the first time since StrategicCHRO360 began polling one year ago in February. CHROs’ rating of future business conditions fell 8 percent since 4Q22 and 12 percent YoY.