HR belongs in the C-Suite

By Deanna Utroske contact

- Last updated on GMT

Related tags: Employment

Joanna Grillo, SVP of human resources for LVMH Perfumes & Cosmetics (left) wiht Lisa Marie Ringus of 24 Seven
Joanna Grillo, SVP of human resources for LVMH Perfumes & Cosmetics (left) wiht Lisa Marie Ringus of 24 Seven
Speaking at the CEW career development event last week in New York City, Lisa Marie Ringus of 24 Seven shared proprietary insights from the 2015 Beauty Salary & Job Market Report and called for beauty brands to elevate their human resource departments.

Retaining top talent is a smart business strategy in the current market. It can solidify favorable company culture and interdepartmental coalitions. And, veteran employees bolster critical industry relationships and help mastermind seamless innovation.

At the Know Your Worth in the Beauty Industry event, Cosmetics Executive Women brought Joanna Grillo, SVP of human resources for LVMH Perfumes & Cosmetics to the stage in conversation with Ringus to discuss talent, hiring and the state of HR in the industry.

She agrees with Ringus that HR plays a pivotal role in the success of cosmetics companies and believes in the power of retention: “as an HP professional, I'm judged on how well I move my people up and out…I may lend my people out, but I want them back,” ​Grillo quipped. 

Human resources is inevitably part of every beauty corporation. But how it’s valued can determine the fate of the brands in question. “HR ranks 9th or 8th in terms of resources allocated internally,” ​according to the 2015 Beauty Salary & Job Market Reportthat Ringus presented. She advises companies to spend intelligently and support the crucial department more fully.

Aside from providing financial backing, smart beauty companies include HR in conversations that matter. Ensuring that HR has a place in the C-suite and a seat at the table during key planning meetings means that department can hire, train and support the right talent and help the business thrive. “Talent is the most powerful, controllable variable in a business climate evolving at head-spinning speed,” ​according to Ringus’ slide presentation.

Career path
Today’s talent is hungry for career development. They expect to gain not only experience on the job but new skills and mentoring as well. To illustrate just how crucial career development is, Grillo explained that the bonus plan for managers at LVMH is tied directly to employee development.

Talent is first and foremost looking for help navigating their career path. But a well-rounded benefits package never hurts. As Grillo notes, “HR makes a difference in the lives and the livelihoods of the people” ​behind the brands—a fact that’s borne out by the data. 

Jobs report
24 Seven partnered with CEW on the report, 7 Workforce Dynamics to Watch. Data was collected in February of this year from both clients of the recruitment agency and talent working in the field.

68% of talent indicated that employer-funded health insurance is an important consideration when accepting an offer.

24 Seven finds that talent in the beauty industry is not sitting still, employees are shopping around for their best opportunity. 70% reported planning a move, while 40% are actively entertaining a new job prospect.

And this is where an employee’s appreciation of company culture come in. The 24 Seven “data shows it has a significant impact on all aspects of talent management—attraction, retention, and engagement.”

The report also includes data on where brands are eager to hire. Last year the biggest talent gap was in IT this year in sales, followed by design and creative, ecommerce, marketing, and product development and management. 

Related news

Show more

Related products

show more

Tagra WS SA50TM Water-Soluble Salicylic Acid

Tagra WS SA50TM Water-Soluble Salicylic Acid

Tagra Biotechnologies | 04-May-2021 | Product Presentation

Watch Tagra’s Water Soluble Salicylic Acid WS SA50™ video and discover a new generation form of Salicylic Acid. Thanks to its water-solubility, WS SA50™...

Sequoia cells to limit male skin ageing

Sequoia cells to limit male skin ageing

Naolys | 30-Apr-2021 | Product Brochure

During SCS Formulate, Naolys, the specialist in plant cell culture, presented their new product dedicated to male skin: Sequoia plant cells that protect...

Regenerative Beauty

Regenerative Beauty

Symrise | Webinar

The past year has ignited a renewed focus and appreciation of nature and the earth, as many consumers are reevaluating their habits to be more conscious...

Register for free

Related suppliers

Follow us


View more