1、HR Budget&Efficiency BenchmarksOptimize strategies.Prioritize future investments.2 2022 Gartner,Inc.and/or its affiliates.All rights reserved.CM_GBS_1781017IntroductionHR budgets have returned to prepandemic levels,with two-thirds of HR leaders expecting their budgets to increase in 2022.This is alm

2、ost twice as many compared to 2021.But to meet the current off-the-scale talent demands caused by the pandemic disruption,HR leaders are now tasked with doing more with the same budget while shaping a work environment that needs to attract and retain talent in a competitive talent landscape.These ch

3、allenges heighten the need to rethink functional spending and lead data-driven discussions to advocate for critical HR investment opportunities.This report,based on our 2021 HR Budget and Efficiency Benchmarking Survey provides fundamental benchmarks around HR functional costs and efficiency,as well

4、 as budget and staffing allocation ratios to help HR leaders:Identify potential HR areas of overinvestment or underinvestment.Pinpoint areas to adjust spend or optimize functional cost.Validate staffing levels and reveal staff shortages or areas of overstaffing.Pinpoint areas for reinvestment to ena

5、ble critical business objectives.Inform their budgeting process.Two-thirds of HR leaders expect their budgets to increase in 2022.Source:Gartner3HR Cost as a Percentage of RevenueThis is often the most recognized metric,as it shows the investment levels in the HR function relative to organizational

6、performance.When we look at HR cost as a percentage of revenue benchmarks across multiple industries,we see industries with a high ratio of highly skilled staff such as electronics or financial services companies at the top of the list.In contrast,more labor-intensive industries such as manufacturin