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Access related Workspan Daily articles on this subject: ;Door A: Why Now Is the Right Time to BUILD Talent; ;Door B: Why Now Is the Right Time to BUY Talent; ;Cost-Benefit Analysis May Help You Maximize Your Offering Spend; Access a bonus Workspan Daily Plus+ article on this subject: ;The What, How and Why of Performing a Cost-Benefit Analysis; The ‘Build the Best’ Strategy This strategy is often used for roles where organization-specific knowledge is a key component of productivity.

Chief human resources officers (CHROs) are now expected to be versed in workforce analytics and HR technology strategy.

And, why is now — perhaps more than ever — the time for organizations to revisit and perhaps refresh what they are doing in this area?

“Especially now, amid the ongoing effects of the pandemic, employers need support from policymakers to make it as easy as possible to modernize their business practices, expand their benefit offerings, and address the evolving needs of their employees.”

Those organizations, however, are now confronted with a familiar reality from the past couple years — sickness, this time in the form of the good old-fashioned flu.

“The post-pandemic hiring frenzy and summer hiring warmth has cooled and companies are now holding onto employees.”

“Now more than ever, employees are laser-focused on [benefits] that enhance their particular experience.”

“The main thing that should be noted is the continuation of that gap from 2017 till now,” said Matt Rosenbaum, principal researcher at The Conference Board’s Human Capital Center and one of the report’s authors.

The fact remains, however, that employers and employees have been grappling with a return to the office for a while now.

; The answer to each could be “no” or “not now,” but asking these questions can be beneficial toward ensuring the pay program evolves in step with your organization’s strategy and performance journey. 2.