HR Trends & Data: A Comprehensive Guide for Corporate Planning

Human Resources (HR) is a crucial aspect of any organization. As the world changes and evolves, so does the HR industry. To stay ahead of the curve and make informed decisions, it's essential to understand the latest HR statistics, trends, and data. In this article, we'll go through some of the most significant HR statistics and trends, and how they can impact your organization.

1. Employee Turnover Rates

One of the most critical HR statistics is employee turnover rates. According to the Society for Human Resource Management (SHRM), the average employee turnover rate in the US was 14.2% in 2019. High turnover rates can be costly and impact productivity, so it's crucial to understand what factors contribute to turnover and how to reduce it.

1. Employee Engagement

Employee engagement is another important HR statistic. According to Gallup, only 15% of employees worldwide are engaged in their jobs. A disengaged workforce can lead to increased absenteeism and lower productivity, so it's essential to understand what drives engagement and how to increase it.

1. Employee Benefit Trends

Benefits are a critical part of employee satisfaction and retention. According to a study by the National Business Group on Health, the top benefits that employees value are health insurance, paid time off, and retirement plans. As the workforce evolves, so do the benefits that employees value. It's essential to stay up-to-date on the latest benefit trends to ensure that your organization is offering what employees want.

1. Workforce Diversity & Inclusion

Workforce diversity and inclusion have become increasingly important in recent years. According to the Society for Human Resource Management (SHRM), 60% of organizations have a diversity and inclusion strategy in place. A diverse and inclusive workforce can lead to increased creativity and innovation, so it's crucial to understand the latest diversity and inclusion trends and how to implement them in your organization.

1. Remote Work Trends

Remote work has become a critical HR trend in recent years. According to a study by Global Workplace Analytics, the number of employees working from home at least once a week has increased by 160% since 2005. As remote work becomes increasingly prevalent, it's essential to understand the latest remote work trends and how to support remote employees.

Conclusion

Understanding the latest HR statistics, trends, and data is essential for making informed decisions and ensuring that your organization stays ahead of the curve. From employee turnover rates and engagement to benefits and diversity, there are many factors that impact HR. By staying up-to-date on the latest trends, you can create an environment where employees are engaged, satisfied, and productive.