BambooHR, the cloud-hosted software platform for human resources, recently released a new study that analyzes LinkedIn and other social media profiles of the HR leaders from the Fortune 100 and Inc. 100 to determine the state of HR leadership.
The study shows that women dominate the top levels of HR at 70%, but still 1 in 4 Fortune 100 companies have no people leader in the C-suite. In addition, a human resources degree is surprisingly only the fifth most common degree among top HR leaders (7%), preceded by management (26%), psychology (10%), law (10%) and finance (8%).
"The diverse backgrounds and best practices we see in top HR professionals is evidence of the breadth of knowledge required to handle the complex issues organizations have faced recently—COVID lockdown, mental health in the workplace, labor disputes, and more," said Brad Rencher, CEO of BambooHR. "As employee experience issues continue to be at the center of some of the most important business conversations of our day, HR leaders at growing companies can use these examples from the most successful enterprises and startups as a template for how to elevate the HR function in their organization."
While only 65% of Inc. 100 companies have a dedicated HR leader, every single Fortune 100 organization has prioritized the position. What makes these leaders attractive to the most successful companies and how they position themselves varies by company size:
It can be difficult to portray all the responsibilities of HR with a single title but we may be seeing a shift in how the new generation of companies are attempting to do it.
"I think we all understand the need to focus on the human part of human resources—the humanity," said Anita Grantham, Head of HR at BambooHR. "Because when the people who work for you feel that humanity is prioritized in your business, they won't just treat others in your organization with more care—they'll also do the same for your customers."
For those who make job finding, career progression and interacting with people their daily duty, social networking largely happens in one place: Linkedin.
To read more about HR leader's career moves, academic background, and networking practices in "The State of Human Resource Leadership" report, visit: https://www.bamboohr.com/resources/guides/human-resource-leadership-2023