Chief Human Resources Officer: CHRO skills and functions

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Considering that hiring part-time managers is an upward trend, it can be a good strategy to incorporate new staff into your business. One of the figures that is becoming more popular is the CHRO or Chief Human Resources Officer : we explain what this profile is, its functions and skills and how it can help you in your company.

CHRO: What is a Chief Human Resources Officer?
The Chief Human Resources Officer , better known as CHRO , is a senior executive in charge of leading a company's human resources strategy. He or she manages the HR department and has a key role: attracting, retaining and developing the best talent , while maintaining the organizational culture so that it is aligned with your company's objectives.

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A role that has evolved from managing only administrative tasks, such as hiring, payroll and benefits management, to covering new parameters, especially in talent acquisition.

It goes without saying that it is much cheaper to retain talent uganda phone number lead than to look for new employees , so the CHRO has a very important mission. For this reason, he or she must have knowledge of business operations and business strategy in order to move from being a mere people manager to an important strategic partner in any company.

CHRO: Roles and Responsibilities
As we have said, one of the main functions of the CHRO is the development and implementation of a comprehensive human resources strategy. This strategy must be aligned with the company's overall objectives and cover areas such as workforce planning, talent management, leadership development, diversity and inclusion, and compensation and benefits.

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The CHRO will also be responsible for attracting and retaining talent, through programs and policies that ensure the company is able to attract the best candidates, for example, succession planning, creating professional development programs and performance management.

In addition, the CHRO oversees the recruitment and selection process , ensuring that hires are a good fit for the company. They will also make sure to promote the company's values ​​and implement them in all of your company's policies and practices.

Finally, he or she also designs and oversees any employee compensation or benefits programs , whether salaries, bonuses, health insurance, retirement plans or other incentives.

Should you incorporate a CHRO in your business?
As you may have seen, the Chief Human Resources Officer or CHRO is a very important figure in any company, but his or her salary is high, ranging from €60,000 to €120,000/year.

So, if you consider that your company needs a professional profile with these characteristics, and you have a business with a large number of workers, do not hesitate to opt for this executive profile, since it will help you achieve all your goals and objectives.

At MASMOVIL NEGOCIOS we hope to have helped you understand what a CHRO is, their functions, and whether you should hire a Chief Human Resources Officer for your business.