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40 HR statistics every organization should consider

hr statistics
By Drazen Vujovic. Reviewed by: James Rose. Last Updated December 19, 2024
HR statistics

HR isn’t a guessing game, but rather a science of understanding workforce metrics. Every piece of information you get — from turnover rates to employee productivity benchmarks — can help you improve hiring decisions and boost employee engagement.

In this post, we’ll present relevant HR statistics every organization should know. These figures will give you tangible industry insights that go beyond intuition, so your organization can remain competitive and adaptable in the long run.

Let’s get it going!

General HR statistics

Understanding the foundational metrics of HR is important for building strategies that align with your business goals. These statistics provide a big-picture view of the industry as a whole.

1. The global human resource management market size was valued at $24.25 billion in 2023 (Grand View Research)

The market is projected to grow at a compound annual growth rate (CAGR) of 12.7% from 2023 to 2030. 

2. More than 440,000 businesses in the US employ over a million HR professionals (IBIS World

The figure is pretty impressive, and it mainly has to do with outsourcing — this trend has raised demand for HR services.

3. The average cost per hire is around $4,700 (SHRM)

At the same time, a typical organization takes 44 days to hire a new worker. 

4. More than 90% of employees say they need flexible work options (Jobera)

Flexible work options are no longer a perk, but rather a priority for many workers. However, reports show that only 47% of workers actually enjoy flexibility.

5. According to the MetLife report, 7 out of 10 candidates consider the standard employee benefits a must (MetLife)

These include health and dental insurance, 401(k) or other, vision insurance, and paid leave.

HR technology stats

statistics about human resources tools

HR technology is transforming how teams operate thanks to AI-powered recruitment tools and modern employee management systems. In this section, we’ll reveal some stats that highlight the impact of tech on efficiency and employee experience.

6. The annual revenue of HR tech is projected to reach $91.8 billion by 2026 (Statista)

Statista reports that the majority of HR tech firms are headquartered in North America, making it by far the biggest market globally.

7. Almost all large and mid-size companies (96%) use learning management systems (Training Magazine)

The situation is quite similar when it comes to small businesses as 81% of these also use LMS.

8. More than 90% of firms use a technology system/platform to manage some aspect of their HR or benefits functions (DEEL)

Digital tools have clearly become critical for streamlining operations and improving the efficiency of HR professionals.

9. More than 20% of HR leaders think that the overall security of HR data stored on the cloud is a top technology challenge (PeopleHum)

This is important because HR data increasingly moves to the cloud. That’s why most organizations will have to deploy serious data protection measures to keep sensitive employee information safe and sound.

10. IBM artificial intelligence can predict with 95% accuracy which workers are about to quit their jobs (CNBC)

It’s a big deal for a company that reportedly receives more than 8,000 resumes every single day.

11. A staggering 79% of recruiters believe AI will soon be making hiring and firing decisions (Intelion Systems)

In addition, most of them see AI as a tool that can eliminate biases from the hiring processes and lead to fairer candidate evaluations.

Recruiting and hiring stats

Recruitment success relies on data, let’s look at some metrics that focus on hiring strategies and talent attraction.

12. A typical job posting will receive 250 resumes (Glassdoor

On the other hand, only 4 to 6 candidates will actually get an interview.

13. Compensation transparency (24.8%) and benefits offered (21.8%) are the most common reasons why job seekers decide to apply (CareerPlug).

A flexible work schedule (18.2%) and a positive employer reputation (17.8%) are other important factors in this process.

employee engagement statistics

14. Nearly 60% of job seekers declined a job offer due to poor experience (ICIMS)

On the other hand, many candidates (80%) said a positive experience influenced their decision to accept an offer.

15. Understanding how to optimize the job recruitment process can shorten the hiring cycle by 60%, while improving its overall quality (myshortlister)

Optimizing the recruitment process isn’t just about speed — it’s about finding the right fit. If you can streamline internal workflows, it will be easier to achieve faster hiring cycles without compromising on quality.

16. The average cost of replacing a mid-level employee is over $37,000, and it can take up to six months to find a suitable alternative (CJPI)

The stakes are even higher when it comes to senior executives since the average cost of a ‘bad hire’ skyrockets to $240,000.

17. 60% of hiring managers say that a candidate’s cultural fit is the most important factor in the hiring decision (Queros)

The same report suggests that poor culture fit can cost an organization between 50-60% of the worker’s annual salary due to turnover.

18. According to the report, 97% of employers claim they value soft skills as much as or more than hard skills (Recruit CRM)

Many companies realize that traits like communication and adaptability are key to fostering collaboration and driving long-term success.

Employee onboarding statistics

Effective onboarding sets the tone for an employee’s journey. The following numbers reveal why a strong employee onboarding process is critical for engagement, productivity, and retention.

19. Strong employee onboarding improves retention by 82% (HR Chief

In addition, a well-planned onboarding process improves the productivity of new hires by 70%.

20. However, Gallup reports that only 12% of workers strongly agree that their organization does a great job onboarding new employees (Gallup)

This seriously impacts workplace efficiency and causes new hires to operate at around a quarter of their full productivity. 

21. A report reveals that 30% of workers have left a job within 90 days (Jobvite

In most cases, employees left because day-to-day duties didn’t suit their expectations.

employee retention statistics

22. Research shows that 36% of employers don’t have a structured onboarding process (Exploding Topics)

It’s a missed opportunity for nearly 40% of organizations to set employees up for success. 

23. More than half of onboarding processes last less than a month (AI HR)

On the other hand, almost 50% of HR managers believe onboarding should last at least three months.

24. On average, companies have 44 days to convince new hires to stay (BambooHR)

70% of new hires decide whether a job is the right fit within the first month, while 29% of them know it within the first week.

Employee wellbeing and retention stats

Happy employees stay longer. These stats show the link between wellbeing initiatives, job satisfaction, and employee retention.

25. Schedule flexibility is an important work arrangement for 88% of employees (NectarHR

The traditional 9-to-5 work model is apparently becoming outdated. Offering alternatives to rigid hours can lead to greater job satisfaction, improved work-life balance, and higher overall productivity.

26. Nearly 80% of employees make important work decisions based on the corporate culture of their current employer (Select Software Reviews

Interpreting this one is simple: Organizations need to cultivate a positive culture that supports decision-making and aligns with employee priorities.

27. Half of all workers are open to leaving their current employers (Gallup

However, companies that foster engagement and offer growth opportunities can drastically improve loyalty and long-term retention.

28. 70% of US employees are at least somewhat likely to leave their current company and accept an offer with a new company that's known for investing in learning and development (PRnewswire).

Simply put, this figure emphasizes the importance of upskilling. Employers who invest in their workforce’s growth will attract talent and build long-term engagement.

29. 94% of surveyed employees responded that if a company invested in helping them learn, they would stay longer (LinkedIn Learning)

This aligns with the previous stat and once again proves that companies have to encourage lifelong learning.

30. 1 out of 2 people will leave a job because of burnout (Fringe)

Bad managers seem to be the second most common reason for leaving a job.

Workplace diversity stats

diversity for engaged employees

Diverse teams tend to drive innovation and performance. In this section, we’ll analyze HR statistics related to the growing importance of workplace diversity and its benefits for businesses.

31. Companies in the top quartile for racial and ethnic diversity are 35% more likely to have financial returns above their respective national industry medians (McKinsey)

When it comes to gender diversity, top organizations are 15% more likely to outperform competitors.

32. Diverse teams are reportedly almost 90% better at making decisions (Instride)

Diversity drives stronger outcomes by bringing varied perspectives to the table. In a way, we can conclude that diversity isn’t just a moral imperative but also a strategic advantage.

33. PayScale reports that women earn $0.83 for every $1 that men make (PayScale)

According to the same resource, the pay gap between men and women is consistent over years and across many different segments of data.

34. Having a distinctively black name reduces the probability of employer contact by 2.1 percentage points relative to distinctively white names (NBER)

This figure is based on a nationwide correspondence experiment involving over 83,000 fictitious applications and more than 108 employers in the US. 

35. Relatively small shares of workers (about 30%) place a lot of importance on diversity in their workplace (FlairHR)

There’s obviously enough room to increase awareness of workplace diversity and its benefits. Employers can educate teams on how diversity boosts innovation, collaboration, and overall success.

Fun facts

Not all HR stats are serious! Here are some surprising and lighthearted facts that will add a touch of fun to your understanding of the HR world.

36. Almost 20% of job seekers search for vacancy announcements while on the toilet (YouManage)

If that’s not strange enough, imagine that 26% of interviewees are eliminated from the hiring process due to weak handshakes.

37. Speaking of toilets, University of Arizona researchers found that the average desktop has 400 times more bacteria than the average toilet seat (EHS Today)

Researchers took samples from offices across the US. In the process, they also learned that women’s desks tended to harbor even more bacteria than men’s.

38. Interviewees who wear blue clothes have a bigger chance of being hired (LegalJobs)

This probably has to do with the fact that blue is the favorite color for more than 40% of people.

employee satisfaction and recruiting process

39. A whopping 70% of recruiters will reject a candidate who dresses too trendy or fashionable (ThriveMyWay)

Although personal style is important, candidates should clearly aim for a professional appearance that reflects the company’s culture to avoid unintended bias.

40. A quarter of all hiring managers spend less than 30 seconds glancing over a resume (ThriveMyWay)

Some sources even claim that the average time spent reviewing a resume is just 7 seconds.

Use industry insights to improve your decision making

Knowledge is power in every field of work, and HR is by no means an exception. You should take advantage of these statistics not just to measure where you are currently, but to guide where you’re going. Whether you’re optimizing your recruitment process, investing in technology, or fostering employee wellbeing, these data points could provide a roadmap to better decision making.

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Drazen Vujovic

Dražen Vujović is a journalist and content writer. More importantly, he is a father of two and a long-distance runner.

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