Gartner Identifies Top Four HR Investment Trends For 2024
Gartner, Thursday, May 16th, 2024
HR Technology Remains Number 1 Priority; Half of HR Leaders Plan to Increase Their Budget This Year
For the third consecutive year, HR leaders cited HR technology as their top investment priority, according to a survey by Gartner, Inc.
A December 2023 Gartner survey of 113 HR leaders revealed the other top three investment areas in 2024 are: learning and development (L&D), total rewards, and talent management (see Figure 1).
'Now more than ever, CHROs need to focus on driving profitable growth,' said Hanne Nieberg, Director in the Gartner HR practice. 'This will require them to ruthlessly prioritize investments that support business growth and talent retention while pausing or stopping funding for low ROI activities.'