Connect with us

Technology

HR Priorities Shift in 2025: Leadership Development and Retention Take Center Stage, Says New HR Trends Report from McLean & Company

Published

2 years ago

on

A new report from McLean & Company, one of the world’s leading HR research and advisory firms, highlights the critical priorities for HR organizations in 2025. The firm’s research reveals that leadership development, employee retention, and cost management are essential focus areas for HR as organizations adapt to shifting economic conditions and evolving workforce expectations. These priorities reflect HR’s growing role in driving organizational success and navigating the challenges of the future of work. 

TORONTO, Jan. 28, 2025 /PRNewswire/ – As HR leaders seek to prepare their teams and organizations for a future defined by rapid technological advancements, shifting organizational priorities, and an uncertain economic landscape, they are increasingly challenged to identify the most critical areas of focus that will support long-term organizational success. To provide HR leaders with guidance as they navigate the future of work, McLean & Company’s recently published HR Trends Report 2025 offers data-backed insights into the top five priorities for HR in 2025. The new report emphasizes that recruitment has been displaced as HR’s top priority for the first time in five years, replaced by developing leaders and reflecting a growing emphasis on internal talent cultivation and cost-effective workforce strategies.

The annual report draws on insights from 779 HR and business professionals across diverse industries and regions, including North America (84%), Europe (6%), Asia (4%), Oceania (2%), Latin America (2%), Africa (2%), and Middle East (1%). Respondents’ industries included manufacturing, finance and insurance, healthcare and social assistance, educational services, public administration, retail trade, construction, transportation and warehousing, professional, scientific, and technical services, and more. The wide scope of feedback highlights the critical role HR plays in preparing organizations for the unpredictable future.

“It is time to push the boundaries of HR’s comfort zone. HR leaders have a unique opportunity to redefine their impact in 2025 by prioritizing leadership development and retention,” says Will Howard, practice lead, HR Research & Advisory Services at McLean & Company. “These areas not only address immediate organizational needs but also lay the foundation for long-term growth by ensuring a strong internal talent pipeline.”

In the report, McLean & Company outlines the top five priorities for HR in 2025, as detailed below:

Developing Leaders. Leadership development ranks as HR’s foremost priority in 2025. HR’s effectiveness at developing leaders has an immense impact on financial outcomes like optimizing costs and growing revenues. The case for increasing investments in HR’s ability to develop leaders is clear, with research revealing that organizations excelling in this area are 1.9 times more likely to be high performing at achieving strategic goals and objectives and 1.7 times more likely to be high performing at revenue growth.

Retaining Employees. Employee retention is a new addition to the firm’s reporting and ranked exceptionally high on the list of critical HR priorities as organizations shift focus from external recruitment to strengthening internal talent pools, helping to mitigate high turnover costs. The report’s findings point to strategic listening as integral to delivering on HR’s second and fourth priorities in 2025 – retention and the employee experience. Despite the important role employee listening plays in retention, few organizations are listening to the employee voice strategically. McLean & Company’s new report spotlights that only 23% of organizations have a formal employee listening strategy, emphasizing the need for HR organizations to take steps to improve in this area.

Controlling Labor Costs. Labor cost management remains a key priority amid continued economic pressures, prompting HR to adopt strategic workforce planning and cost-optimization measures. As explained in the firm’s report, being strategic about total rewards is key to controlling labor costs. When HR has a formal total rewards strategy, they are 1.9 times more likely to be highly effective at controlling labor costs and maximizing the value of labor spend compared to those with no total rewards strategy. Labor costs are often the organization’s biggest expense, making a total rewards strategy essential to ensuring investments are directed in a controlled and impactful way.

Enhancing Employee Experience. Providing a positive employee experience remains critical in maintaining engagement and productivity. McLean & Company’s trends report notes that when used in HR, AI enhances key employee experience outcomes, including talent acquisition, the candidate experience, talent management, and learning & development. Though AI adoption within HR is increasing, there is still much progress to be made, with only 42% of HR respondents indicating they have implemented AI in HR. This is an indicator that HR must continue to work to elevate its data and technology skills, which will significantly impact the employee experience.

Recruitment. For the first time in five years, recruitment is no longer the top priority for HR in 2025. This drop in priority suggests that organizations may be shifting priorities to emphasize important areas like leadership development, where effectiveness has stalled over the past several years. However, recruitment continues to play a vital role in addressing talent gaps and building organizational capacity. The firm’s research findings explain that pay transparency is improving recruiting effectiveness, with organizations that have or are working on improving pay transparency being 18% more likely to report they are highly effective at recruiting compared to those who have not increased pay transparency.

“By addressing these priorities and leveraging data-driven strategies, HR can demonstrate its value as a clear strategic partner, ensuring organizations are well-positioned to navigate future challenges,” explains Howard.

In addition to HR’s top five priorities in 2025, the new report from McLean & Company spotlights key trends that will inform the way HR plans and prepares for the future of work:

Human Leadership in a Complex Digital World.AI Transformation in HR. Navigating Multiple Threats to Wellbeing. Emerging Trends.

McLean & Company advocates that delivering on HR’s top priorities requires elevating HR’s data and technology skills, noting that increasing HR’s data literacy skills will enable HR to drive effective decision-making and deliver on their top priorities. HR must also be prepared to use technology for data-driven insights and guide its implementation to ensure people-informed technology implementation in 2025 and beyond.

For more in-depth details regarding the HR trends in 2025, please visit the official HR Trends Report 2025 press release.

To access the full report, which offers comprehensive insights into these priorities and trends, along with actionable recommendations for HR leaders as they guide their organizations through a new year of possibilities, please contact ktame@infotech.com.

To register for McLean & Company’s free upcoming CHRO panel, Leading the Way: CHRO Perspectives on Emerging HR Trends for 2025, on February 13, 2025, at 1 PM ET | 10 AM PT, please visit the official registration page.

Media interested in accessing full research insights or connecting with McLean & Company analysts for exclusive, research-backed insights and commentary on HR Trends in 2025, HR’s critical role in digital transformation, and the future of work, and more can contact Communications Manager Katie Tame at ktame@infotech.com.

About McLean & Company

McLean & Company pairs evidence-based research and immediately applicable tools with deep HR expertise to position organizations to meet today’s needs and prepare for the future. The global HR research and advisory firm’s member organizations enjoy comprehensive resources, full-service diagnostics, workshops, action plans, and advisory services for all levels of HR professionals, from executive leadership to HR leaders to HR team members, that help shape workplaces where everyone thrives.

McLean & Company is a division of Info-Tech Research Group.
Media professionals can register for unrestricted access to research across IT, HR, and software and hundreds of industry analysts through the firm’s Media Insiders program. To gain access, contact ktame@infotech.com.

View original content to download multimedia:https://www.prnewswire.com/news-releases/hr-priorities-shift-in-2025-leadership-development-and-retention-take-center-stage-says-new-hr-trends-report-from-mclean–company-302362275.html

SOURCE McLean & Company

Related Topics:
Continue Reading

Technology

Hexaware Hosts Greater Manchester and West Yorkshire Mayoral Delegation, Deepens Partnership with University of Leeds

Published

40 minutes ago

on

October 23, 2026

By

Part of the Great North Mayoral Delegation’s visit to India, discussions focused on Hexaware’s UK expansion and planned R&D centers in Leeds and Manchester

MUMBAI, India, Oct. 23, 2026 /PRNewswire/ — Hexaware Technologies (NSE: HEXT), an AI-first digital and IT services company, hosted a delegation led by Tracy Brabin, Mayor of West Yorkshire, and Bev Craig, Mayor of Greater Manchester, as part of The Great North’s first joint mayoral-led trade mission to India

Hexaware met with Tracy Brabin and delegates from West Yorkshire at its Mumbai office to discuss the company’s UK investment plans, regional employment, and opportunities for technology collaboration across the North of England.

During the visit, Hexaware and the University of Leeds discussed their agreement to strengthen industry–academic collaboration through research, knowledge sharing, and experiential learning opportunities for students.

Earlier in the mission, on October 14 in Bengaluru, Hexaware leaders met Bev Craig, Mayor of Greater Manchester, together with representatives of the British Deputy High Commission and the Invest Manchester team, to discuss Hexaware’s investment in the city region.

Hexaware announced that it will create hundreds of jobs and invest £9 million in a new Design and Innovation Centre at Manchester’s innovation district, SISTER, delivered in collaboration with the University of Manchester. By establishing a base at SISTER, Hexaware will have access to Europe’s largest clinical academic campus on Manchester’s Oxford Road Corridor and a rapidly expanding digital and tech ecosystem within the city.

The visits follow Hexaware’s June 2026 announcement of a £25 million UK expansion, expected to create approximately 1,200 jobs over three to five years across Manchester, Leeds, and Birmingham, including 420 in Manchester and 240 in Leeds. Plans include proposed R&D centers in Manchester and Leeds, with Newcastle also under consideration as a potential future location, given the region’s strong university talent pool and proximity to Scotland.

Parameshwaran Iyer, Executive Vice President & Head – Europe, Hexaware, said, “The North of England is an important part of our UK growth plans. Our investment goes into developing technology capabilities and recruiting graduates from the region’s universities, training them to work with enterprise and public-sector customers. Our new agreement with the University of Leeds will strengthen this pipeline, giving us closer access to graduate talent as we grow our presence in the region. We see considerable potential in the talent and expertise available across these cities.”

Bev Craig, Mayor of Greater Manchester, said, “Greater Manchester has established strengths in healthcare, life sciences, and AI, supported by close cooperation between universities, researchers, and industry. We welcome Hexaware’s plans for Manchester and the opportunities they present for investment, innovation, and employment in these sectors.”

Tracy Brabin, Mayor of West Yorkshire, said, “It was great to visit Hexaware’s headquarters in Mumbai and hear first-hand about the company’s ambitious plans for growth in the UK. Their investment in Leeds and the creation of hundreds of new jobs is fantastic news for West Yorkshire and a strong vote of confidence in our region. Trade missions like this give us the opportunity to meet decision-makers directly, strengthen international relationships and explore how businesses like Hexaware can deepen their links with West Yorkshire to create a stronger, better-off region that works for all.” 

Glenn McCauley, Head of Proposition Development at the University of Leeds, said, “We were delighted to join this Great North Mayoral Delegation to India and to discuss with Hexaware leadership and with the Mayor of West Yorkshire how the University of Leeds’ agreement with Hexaware can be a catalyst to drive economic growth in our region.”

India and the North of England are connected above all through people, with more than 81,000 people of Indian heritage living in Yorkshire and the Humber, and 50,000 people of Indian diaspora in Greater Manchester. Thousands of Indian students also choose universities in the two regions every year. Increasingly, Indian companies are also among the region’s investors and employers. The India–UK Comprehensive Economic and Trade Agreement (CETA), in force since July 2026, alongside The Great North’s investment initiatives, gives that relationship fresh momentum.

Hexaware will continue discussions with regional partners on its proposed R&D facilities, graduate recruitment, and technology partnerships across the North of England, drawing on Leeds’ strengths in digital engineering, data science, robotics, fintech, and technology-enabled care, and Manchester’s strengths in healthcare, life sciences, cyber, and AI.

About Hexaware

Hexaware is a global technology and business process services company. Every day, Hexawarians wake up with a singular purpose: to create smiles through great people and technology. With offices across the world, we empower enterprises worldwide to realize digital transformation at scale and speed by partnering with them to build, transform, run, and optimize their technology and business processes. Learn more about Hexaware at https://hexaware.com.

 

View original content to download multimedia:https://www.prnewswire.com/in/news-releases/hexaware-hosts-greater-manchester-and-west-yorkshire-mayoral-delegation-deepens-partnership-with-university-of-leeds-302917888.html

Continue Reading

Technology

Fosun Wealth Opens Its First Private Wealth Center in Hong Kong at Harbour City, Tsim Sha Tsui

Published

40 minutes ago

on

October 23, 2026

By

Appointment-Only Center for High-Net-Worth Clients, Partnering with Fosun Wealth IFA to Expand Wealth Management Capabilities

HONG KONG, Oct. 23, 2026 /PRNewswire/ — Fosun Wealth International Holdings Limited (“Fosun Wealth”) announced the official opening of its first Private Wealth Center on the 23rd floor of Prudential Tower, at The Gateway, Harbour City, Tsim Sha Tsui, Hong Kong. The center provides a dedicated offline space for meetings and wealth planning in Hong Kong, exclusively tailored for high-net-worth clients. Visits are by appointment only, and the center operates in partnership with Fosun Wealth IFA (Independent Financial Advisor), supporting clients from initial discussions and tailored proposals through to signing and implementation.

The opening ceremony, themed “A Starry New Chapter on Victoria Harbour”, brought together business partners from fund, asset management and insurance industries in Hong Kong to celebrate the occasion.

Expanding amid Industry Growth to Address Clients’ Demand for Long-Term Advice

The opening comes as Hong Kong’s wealth management sector continues to expand. According to the Securities and Futures Commission of Hong Kong, as of the end of 2025, total assets under management (AUM) in Hong Kong jumped 20% year-on-year (YoY) to a record high of HK$42.2 trillion. Among the major segments, AUM of private banking and private wealth management business increased by an impressive 24% YoY to HK$12.9 trillion. At the same time, client expectations have shifted. High-net-worth individuals are increasingly looking beyond fragmented, one-off product recommendations and seeking professional institutions that can deliver cross-market and multi-generational support over the long term.

The center’s location in Harbour City offers views across Victoria Harbour and a calm, private setting. It features four dedicated meeting rooms, with each client received by a relationship manager throughout their visit to allow for in-depth discussions in a confidential environment. In addition to client meetings and document signing, the center will also host smaller, focused sessions to help clients better capture opportunities in Hong Kong’s wealth management market.

Strengthening Collaboration with Fosun Wealth IFA to Enrich Service Matrix

The Private Wealth Center will also serve as a working base for Fosun Wealth IFA, supporting professional discussions and the review of more complex cases. Launched by Fosun Wealth in 2025, Fosun Wealth IFA is Hong Kong’s first one-stop platform for independent financial advisors (IFAs) to establish and grow their practices. It has already built a team of nearly 500 advisors. Built on a compliant licensing framework, the platform integrates diversified financial products, AI-powered tools and structured trainings, supporting advisors from licensing through ongoing professional development to independent practice. The goal is to help raise standards and professionalism across Hong Kong IFA industry.

Fosun Wealth subsidiaries hold securities and insurance brokerage licenses. Under strict compliance, they provide access to insurance, securities, asset management, and corporate financing services. Fosun Wealth has also established partnerships with numerous leading fund houses, asset managers, and insurers, supporting both the Private Wealth Center and the IFA platform.

Cheng Kang, CEO of Fosun Wealth, said: “Hong Kong continues to strengthen its position as an international hub for asset and wealth management, supported by its resilience and openness. This creates a valuable opportunity for us to deepen our presence in the local market. The opening of the Private Wealth Center is more than the launch of a new location—it marks a new chapter in Fosun Wealth’s commitment to serving high-net-worth clients in Hong Kong with a more personal, long-term approach, bringing our ‘warm private wealth stewardship’ to a broader client base. Whether we are serving high-net-worth clients or building a stronger ecosystem for financial advisers, we aim to set a high standard in Hong Kong’s wealth management industry. We will focus on turning our capabilities into lasting value for clients, and work with clients and partners to support the continued growth of the sector.”

About Fosun Wealth International Holdings Limited

Fosun Wealth International Holdings Limited (hereinafter referred to as “Fosun Wealth”) is an AI-driven global one-stop Web5(Web2+Web3) wealth management platform wholly owned by Fosun International Limited (stock code: 656.HK) in Hong Kong. With its solid financial position, Fosun Wealth has obtained various licenses via its subsidiaries, including Type 1, 2, 4, 6, and 9 licenses granted by the Securities and Futures Commission(SFC) of Hong Kong, and an insurance broker license granted by the Insurance Authority(IA) of Hong Kong. Fosun International Securities Limited, a subsidiary of Fosun Wealth, is one of the first batch of brokerages to provide virtual asset dealing service. Fosun Wealth has launched several industry-leading brands, including the Fosun Wealth App, Finloop, FinChain, and Fosun Wealth IFA. For more information, please visit: www.fosunwealth.com.

View original content:https://www.prnewswire.com/apac/news-releases/fosun-wealth-opens-its-first-private-wealth-center-in-hong-kong-at-harbour-city-tsim-sha-tsui-302917889.html

SOURCE Fosun Wealth International Holdings Limited

Continue Reading

Technology

WOLFX Student Super App Reaches 104 Universities One Month After US Launch

Published

40 minutes ago

on

October 23, 2026

By

All-in-one college platform reports 300 percent subscription growth following Arizona campaign 

MELBOURNE, Australia, Oct. 23, 2026 /PRNewswire/ — WOLFX, an all-in-one app designed to help college students thrive academically, socially and financially, has been downloaded by students at 104 universities in 130 cities across the US just one month after its launch in Indiana.

The platform recorded a 300 percent increase in subscriptions following its Rush WOLFX campaign in Arizona. Rush WOLFX is a game of skill that involves college fraternities and sororities putting their business skills to the test to win a $10K prize. 

WOLFX plans to hold six additional Rush competitions at Universities across the country next month.

WOLFX brings together AI-powered study tools, wellness support, a student marketplace and opportunities for student entrepreneurs in a single app, giving students who juggle academic, social and financial pressures one place to manage college life.

“I developed WOLFX to make the lives of college kids better. To see the app being so well received across America gives everyone involved a huge boost,” said Simon Bishop, founder of WOLFX. “As a father, I know college can be a daunting time for students and parents. WOLFX is aimed at easing those fears of loneliness and isolation. I’m so happy WOLFX is making a difference.”

Students say the app is already part of their daily routine.

“This is honestly the only college app you’ll ever need,” said Katie Wolf, a cheerleader at Indiana University. “Whether it’s managing my schedule, working on a business idea or even selling some items on the student marketplace, WOLFX has me covered. This app is a game changer for college students.”

WOLFX Platinum is available for $28.99 per month. WOLFX can be downloaded on iOS and Android.

About WOLFX

WOLFX is a student-focused super app designed to help college students navigate campus life through AI-powered study tools, wellness support, a student marketplace and entrepreneurial opportunities. The platform aims to make college life more connected, manageable and rewarding. WOLFX is available on iOS and Android. Learn more at https://wolfxapp.com/.

View original content to download multimedia:https://www.prnewswire.com/news-releases/wolfx-student-super-app-reaches-104-universities-one-month-after-us-launch-302917619.html

SOURCE WOLFX

Continue Reading

Trending