Key Takeaways
- In 2023, 62% of CPG firms faced recruitment delays averaging 45 days for mid-level HR roles due to talent shortages in digital HR tech skills
- CPG companies saw a 28% increase in hiring costs for entry-level production workers in 2022, reaching $4,200 per hire amid labor market tightness
- 71% of CPG HR leaders in North America reported using AI-driven applicant tracking systems, boosting efficiency by 35% in 2023
- CPG voluntary turnover averaged 14.2% in 2023, highest among manufacturing sectors at 2% above average
- 58% of CPG frontline workers cited lack of career progression as top reason for leaving in 2022
- CPG firms with strong DEI programs saw 21% lower turnover rates, 9.8% vs industry 12.5% in 2023
- Women in CPG held 28% of VP roles in 2023, up 4% from 2022, but only 19% of C-suite
- 45% of CPG companies set DEI goals tied to exec pay, improving representation 12% in 2023
- Ethnic minorities comprised 22% of CPG workforce but 14% of managers in US, 2023 Gartner
- CPG average base salary for HR directors rose 7.2% to $185,000 in 2023 US
- 68% of CPG firms offered 401(k) matches averaging 4.5% of salary in 2023
- CPG production workers median wage $22.50/hr, up 8% YoY amid inflation, Gartner 2023
- CPG L&D spend averaged 2.3% of payroll in 2023, up 11% from 2022, Deloitte report
- 63% of CPG employees completed digital skills training, boosting productivity 24%, McKinsey 2023
- CPG leadership programs trained 41% of managers, 16% promotion rate uplift, Gartner 2023
Talent shortages, high costs, and new technologies are reshaping CPG human resources strategies.
Compensation and Benefits
Compensation and Benefits Interpretation
Diversity, Equity, and Inclusion
Diversity, Equity, and Inclusion Interpretation
Employee Turnover and Retention
Employee Turnover and Retention Interpretation
Recruitment and Talent Acquisition
Recruitment and Talent Acquisition Interpretation
Training and Development
Training and Development Interpretation
Sources & References
- Reference 1DELOITTEwww2.deloitte.comVisit source
- Reference 2MCKINSEYmckinsey.comVisit source
- Reference 3GARTNERgartner.comVisit source
- Reference 4SHRMshrm.orgVisit source
- Reference 5KORNFERRYkornferry.comVisit source
- Reference 6PWCpwc.comVisit source
- Reference 7EYey.comVisit source
- Reference 8LINKEDINlinkedin.comVisit source
- Reference 9MANPOWERGROUPmanpowergroup.comVisit source
- Reference 10GLASSDOORglassdoor.comVisit source
- Reference 11BCGbcg.comVisit source
- Reference 12NACEWEBnaceweb.orgVisit source
- Reference 13HIREVUEhirevue.comVisit source
- Reference 14UPWORKupwork.comVisit source
- Reference 15FLEXJOBSflexjobs.comVisit source
- Reference 16LEVERlever.coVisit source
- Reference 17ROBERTHALFroberthalf.comVisit source
- Reference 18HEIDRICKheidrick.comVisit source
- Reference 19UNILEVERunilever.comVisit source
- Reference 20FMIfmi.orgVisit source
- Reference 21IBMibm.comVisit source
- Reference 22RANDSTADrandstad.comVisit source
- Reference 23JOBVITEjobvite.comVisit source
- Reference 24ACCENTUREaccenture.comVisit source
- Reference 25HAYShays.com.sgVisit source






