Welcome to flair’s first stats blog, your go-to source for insightful HR statistics that shed light on the latest global trends, challenges, and advancements in the dynamic field of human resources.
The flair solution, built on Salesforce, is a data-driven enterprise. With the combination of the innovative flair HR and Recruiting apps, as well as the dedicated staff portal called the Employee Hub, companies gain valuable insights into their HR processes like never before.
Here at flair, numbers are our jam. They serve as excellent indicators for patterns and decision-making. That's why we're giving them the spotlight right now.
In this blog, we’ll provide easy access to the fascinating world of HR research, presenting you with a list of human resources statistics derived from cutting-edge studies and reputable sources.
Whether you're an HR professional, a business leader, or simply curious about the evolving landscape of workplace practices, this compilation of statistics will provide you with valuable insights and thought-provoking data.
We’ve got recruitment statistics, information on onboarding programs, work-life balance data, employee satisfaction stats, retention rate details, and much more. A special thanks to the researchers and survey respondents without whom these numbers and HR trends and statistics would not exist on paper (erm, or rather digitally). Right, let’s dive right in.
Absences
Employee absences can create significant challenges for businesses, as they have implications beyond costs and productivity. Absenteeism can disrupt team dynamics, affecting morale and cohesion among colleagues. It can also lead to increased workloads for remaining employees, potentially causing decreased job satisfaction. Below are some eye-opening statistics related to employee absences:
Poor mental health among employees costs UK employers £42bn – £45bn each year. Of that, £7bn is because of mental health absences – Public Health England, 2020
In the UK, the annual economic cost of sickness absence, lost productivity, informal caregiving, and health-related losses exceeds £100bn – Public Health England, 2020
Automation
Automation and artificial intelligence has emerged as a prominent HR topic, reshaping traditional roles and prompting discussions on upskilling and workforce transformation. Let’s take a look at some of the latest survey stats and numbers:
86% of people want artificial intelligence to assist with finding the right information and answers they need – Microsoft Work Trend Index, 2023
87% of workers in creative roles who are familiar with AI said they are comfortable using AI for creative aspects of their job – Microsoft Work Trend Index, 2023
Tackling burnout and prioritizing employee wellbeing in HR is crucial for fostering a healthy and productive work environment. Statistics surrounding burnout and wellbeing, empower HR professionals with valuable information to tackle these pressing issues effectively. Here are some of the top stats we have uncovered:
Culture is so important. It filters throughout an entire organization and influences employee engagement, productivity, and retention. A strong organizational culture fosters a sense of belonging, shared values, and a positive work environment. Here’s a list of some of the latest culture metrics around:
80% of Deloitte survey respondents believe it is important for external workers to participate in the organization’s culture – Deloitte, 2022
67% of workers aged 18-34 indicate they would consider turning down a job offer or leaving a company if there was a gender imbalance in leadership – Indeed Glassdoor 2023 Hiring Workplace Trends
72% of millennials would consider declining a job offer or leaving their position if they did not think that their manager supported DEI initiatives – Indeed Glassdoor 2023 Hiring Workplace Trends
93% of the more than 4,000 managers surveyed consider some external workers to be part of their workforce – MIT Sloan Management Review, 2022
Employee Engagement
Engaged employees are more likely to perform at their best, stay loyal to the company, and contribute their creativity and ideas, resulting in a positive work environment and overall success.
Employee retention is a significant concern for hiring managers and organizations due to its multifaceted impact. High turnover rates result in increased costs associated with recruitment, training, and onboarding. Additionally, organizations face a knowledge drain as experienced employees leave. Check out these statistics to get a clearer insight into the importance of staff retention:
Voluntary employee turnover costs US businesses $1 trillion per year – Gallup, 2019
The utilization of HR solutions is experiencing significant growth, but our findings indicate that they are far from being universally present. Below are some interesting insights about the state of play regarding the human resource industry and HR software:
An overwhelming 82% of global leaders unanimously acknowledge that the HR function holds unprecedented significance in the current landscape – 2023 Workplace Learning Report LinkedIn
The hiring process benefits a company by bringing in new talent and fresh perspectives, which can lead to increased innovation and productivity. It allows the company to find individuals with the necessary skills and qualifications to meet their specific needs, enhancing overall team performance. Here are some key numbers and percentages regarding recruitment:
Nearly 30% of employees have left a job within the first 90 days due to misalignment of values and expectations – Glassdoor for Employers, 2021
83% of talent say a negative recruitment experience can change their mind about a company they previously liked – LinkedIn Global Talent Trends, 2015
A mobile-friendly job application increases applicants by more than 11% – Forbes, 2023
Remote Work
We've witnessed a shift in work style, as remote work empowers individuals and organizations alike to embrace flexibility and harmonize the delicate balance between work and personal life. Remote work’s impact is undeniable and here is some data fuelling ongoing conversations:
29 percent of employees would consider switching employers if their company went back to a fully on-site model – McKinsey & Company, 2021
34% of employees and 40% of employers named flexible hours a top benefit for remote workers – Forbes Advisor 2023
Onboarding
Whether running a small business or a large enterprise, effective onboarding is crucial as it sets the foundation for employee engagement, productivity, and long-term organizational success. It’s a major challenge for HR teams, especially in the remote work era. Here’s an overview of the latest statistical trends and findings regarding employee onboarding processes:
88% of organizations believe it is critical that “employees believe in what the organization stands for” as part of the onboarding process – Brandon Hall Group, 2022
Just 12% of employees strongly agree that their organization does a great job of onboarding – Gallup, 2018
Only 29% of new hires felt they were prepared and supported to excel in their new role – SHRM
Full-time and comprehensive onboarding makes employees 33% more engaged at work – Forbes
The Importance of HR Data
At the heart of this compilation lies a dedication to empowering HR professionals. By staying up-to-date with the latest statistics and industry trends, we can all better understand the dynamics shaping the workforce and develop strategies to respond to certain trends or problems.
It’s why the flair solution has the importance of data built in its DNA. For example, with flair HR, companies can effortlessly track and analyze employee absences. By having access to this data, organizations can make informed decisions regarding leave management and employee well-being.
flair HR's Recruiting app also revolutionizes the hiring process by providing comprehensive analytics on applicant data. Companies can extract valuable insights about candidate profiles, application sources, and hiring trends.
Remember, HR is a dynamic field that constantly evolves, driven by advancements in technology, changing workforce demographics, and shifting workplace dynamics. By harnessing the power of data, you can stay ahead of the curve and drive positive change within your organization.
We hope you found this HR statistics blog useful, providing you with the knowledge and inspiration needed to understand key elements of the ever-changing HR landscape. As you move forward, we encourage you to continue exploring, learning, and adapting, for the key to success lies in embracing the challenges and opportunities that lie ahead.
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