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HR Leaders
Why CHROs Are Retiring Faster Than Ever
Nov 28, 2024
Steve Degnan, former CHRO of Nestlé Purina PetCare and advisor, shares his candid insights on HR leadership. He discusses the rising trend of early retirements in the field, emphasizing resilience and the need for humor in navigating tough times. Steve highlights the importance of balancing strategic priorities with employee well-being and the challenges of hybrid work environments. He also reflects on the need for specialized HR knowledge amid evolving workplace dynamics, advocating for ethical integrity and relationship-building in leadership.
01:05:46
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Quick takeaways
- Many CHROs are retiring early due to the intense stress and demands of the role amidst a challenging work environment.
- Building trust and effective relationships with leadership takes time, and newly appointed CHROs often face preconceived notions and credibility issues.
Deep dives
The Challenges of Early Retirement in HR
Many CHROs are choosing early retirement due to the intense grind associated with the role. Factors contributing to this decision include a high level of stress, constant availability, and significant pressure to manage employee relations in tumultuous times. The returning to work model post-pandemic has further complicated matters, generating negative feedback and angst from employees. This environment requires HR leaders to possess a strong sense of humor, resilience, and the ability to move forward despite unexpected challenges.
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Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode