Budget cuts continue to affect the hiring of high-cost faculty, but also the HR staff that facilitates the hiring. There are fewer resources available to attract, develop, and motivate top faculty and staff. And don’t forget: HR budgets in higher education are already 50 to 75 percent lower than in other industries, according to a study by AON.24
Facing unique financial pressures, colleges and universities must have HR departments that operate efficiently and at a high level. They must move past basic administrative roles and become a major organizational influence.”25
LinkedIn
Few administrators, professors, or university trustees seem happy with the current faculty model in higher education.”27
Chronicle of Higher Education, Harvard Business School
With the time saved on mundane tasks, your HR team can utilize workforce‑modeling software to investigate more‑pressing talent‑management issues, such as the merit of new faculty models.
In a recent report, the Chronicle of Higher Education compiled new ideas for structure, including a two‑track model that separates teaching and research faculty, and a plan to pair members with instructional designers.28
Whether or not such configurations are feasible for your institution, an agile HR system is vital to wield effective talent management going forward. It’s also key to ensuring the best possible education for future leaders. In this sector, what could ever be more important?