GITNUXREPORT 2025

Hr In The Financial Service Industry Statistics

Financial HR budgets increase; talent recruiting and digital solutions accelerate industry transformation.

Jannik Linder

Co-Founder of Gitnux, specialized in content and tech since 2016.

First published: April 29, 2025

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Statistic 1

60% of financial services companies have experienced increased employee turnover in the past year

Statistic 2

45% of HR leaders in finance say that mental health support benefits are becoming more important

Statistic 3

22% of HR budgets in finance are allocated to employee wellness programs

Statistic 4

37% of finance HR managers report employee engagement as a significant challenge

Statistic 5

42% of financial firms conduct exit interviews as a standard part of their HR process

Statistic 6

33% of financial services companies have implemented wellness apps as part of their health initiatives

Statistic 7

67% of HR managers in finance think that competitive benefits packages are key to retaining talent

Statistic 8

66% of HR professionals believe that employee feedback mechanisms need improvement

Statistic 9

72% of HR leaders in finance say that talent retention is their biggest challenge

Statistic 10

74% of HR professionals in finance view employee engagement surveys as valuable tools

Statistic 11

29% of HR teams in finance lack sufficient resources for employee wellbeing programs

Statistic 12

47% of HR managers in finance see employee turnover as a major concern

Statistic 13

78% of HR professionals in finance report challenges in attracting skilled talent

Statistic 14

52% of financial institutions use AI for recruitment processes

Statistic 15

40% of HR departments in finance prioritize diversity and inclusion initiatives

Statistic 16

30% of HR professionals in the financial industry plan to increase salaries to attract top talent

Statistic 17

80% of financial institutions feel that employer branding is critical for talent acquisition

Statistic 18

55% of financial services organizations have a dedicated DEI (Diversity, Equity, Inclusion) officer or team

Statistic 19

49% of HR budgets in finance are spent on talent acquisition

Statistic 20

79% of hiring managers in finance cite candidate experience as a top factor in recruitment

Statistic 21

36% of finance HR professionals report using social media for talent sourcing

Statistic 22

33% of finance HR professionals believe remote work has positively impacted employee retention

Statistic 23

76% of financial firms offer flexible working hours for HR employees

Statistic 24

65% of financial services firms report challenges with onboarding remote employees

Statistic 25

56% of HR teams in the financial industry plan to implement more digital HR solutions within the next 12 months

Statistic 26

68% of financial firms are investing in HR analytics to improve decision-making

Statistic 27

58% of financial service companies have adopted new HR technologies in the past year

Statistic 28

62% of finance HR leaders believe that automation will reduce administrative tasks

Statistic 29

53% of financial services companies automate onboarding processes

Statistic 30

80% of financial firms are interested in implementing AI chatbots for HR

Statistic 31

41% of finance HR teams measure employee productivity via digital tools

Statistic 32

69% of HR departments in finance think that GDPR and other regulations impact their data management practices

Statistic 33

44% of finance HR teams have adopted cloud-based HR management systems

Statistic 34

39% of financial firms are exploring blockchain for secure HR data management

Statistic 35

69% of HR professionals believe that workforce analytics improve hiring quality

Statistic 36

57% of HR teams in finance use specialized software for compliance tracking

Statistic 37

65% of financial services companies have increased their HR budgets in the past year

Statistic 38

70% of financial services firms provide ongoing training and development for HR staff

Statistic 39

48% of financial industry HR professionals report difficulty in succession planning

Statistic 40

46% of HR teams are using virtual reality for training in financial services

Statistic 41

70% of employees in financial firms believe continuous learning opportunities boost their job satisfaction

Statistic 42

54% of HR professionals in finance anticipate increased demand for data-driven HR practices

Statistic 43

25% of HR teams report difficulties in compliance management due to regulatory complexity

Statistic 44

64% of financial firms report investing in leadership development programs

Statistic 45

59% of HR leaders see technology upskilling as a priority for their teams

Statistic 46

48% of finance HR professionals believe that formal mentorship programs improve retention rates

Statistic 47

55% of financial companies plan to increase investments in employee training over the next year

Statistic 48

61% of HR teams in finance believe cross-functional collaboration improves HR effectiveness

Statistic 49

50% of financial service firms use contract workers to fill short-term staffing needs

Statistic 50

71% of HR managers in finance believe analytics can significantly impact strategic decision-making

Statistic 51

55% of HR professionals in finance report a need for more specialized HR roles

Statistic 52

63% of financial organizations focus on upskilling their HR workforce in digital competencies

Statistic 53

82% of financial firms prioritize leadership development programs for HR personnel

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Key Highlights

65% of financial services companies have increased their HR budgets in the past year
78% of HR professionals in finance report challenges in attracting skilled talent
52% of financial institutions use AI for recruitment processes
40% of HR departments in finance prioritize diversity and inclusion initiatives
70% of financial services firms provide ongoing training and development for HR staff
33% of finance HR professionals believe remote work has positively impacted employee retention
56% of HR teams in the financial industry plan to implement more digital HR solutions within the next 12 months
60% of financial services companies have experienced increased employee turnover in the past year
45% of HR leaders in finance say that mental health support benefits are becoming more important
22% of HR budgets in finance are allocated to employee wellness programs
68% of financial firms are investing in HR analytics to improve decision-making
48% of financial industry HR professionals report difficulty in succession planning
76% of financial firms offer flexible working hours for HR employees

With nearly two-thirds of financial service firms increasing their HR budgets and over 75% recognizing the vital role of employer branding and new technologies, the industry is rapidly transforming its approach to talent acquisition, retention, and employee engagement.

Employee Engagement, Well-being, and Culture

60% of financial services companies have experienced increased employee turnover in the past year
45% of HR leaders in finance say that mental health support benefits are becoming more important
22% of HR budgets in finance are allocated to employee wellness programs
37% of finance HR managers report employee engagement as a significant challenge
42% of financial firms conduct exit interviews as a standard part of their HR process
33% of financial services companies have implemented wellness apps as part of their health initiatives
67% of HR managers in finance think that competitive benefits packages are key to retaining talent
66% of HR professionals believe that employee feedback mechanisms need improvement
72% of HR leaders in finance say that talent retention is their biggest challenge
74% of HR professionals in finance view employee engagement surveys as valuable tools
29% of HR teams in finance lack sufficient resources for employee wellbeing programs
47% of HR managers in finance see employee turnover as a major concern

Employee Engagement, Well-being, and Culture Interpretation

Amid stark turnover rates and mounting retention challenges, the financial services industry is increasingly recognizing that competitive benefits and genuine employee engagement—bolstered by mental health support—are essential investments in securing their most valuable asset: talent.

Recruitment, Diversity, and Inclusion Strategies

78% of HR professionals in finance report challenges in attracting skilled talent
52% of financial institutions use AI for recruitment processes
40% of HR departments in finance prioritize diversity and inclusion initiatives
30% of HR professionals in the financial industry plan to increase salaries to attract top talent
80% of financial institutions feel that employer branding is critical for talent acquisition
55% of financial services organizations have a dedicated DEI (Diversity, Equity, Inclusion) officer or team
49% of HR budgets in finance are spent on talent acquisition
79% of hiring managers in finance cite candidate experience as a top factor in recruitment
36% of finance HR professionals report using social media for talent sourcing

Recruitment, Diversity, and Inclusion Strategies Interpretation

While nearly four-fifths of financial institutions recognize employer branding as vital and over half leverage AI in recruitment, the persistent challenge of attracting skilled talent—despite increased salaries and dedicated DEI efforts—highlights the industry's urgent need to modernize its approach and truly resonate with today's diverse, experience-driven candidates.

Remote Work, Flexibility, and Organizational Practices

33% of finance HR professionals believe remote work has positively impacted employee retention
76% of financial firms offer flexible working hours for HR employees
65% of financial services firms report challenges with onboarding remote employees

Remote Work, Flexibility, and Organizational Practices Interpretation

While a third of finance HR pros credit remote work with boosting employee retention and a hefty majority offer flexible hours, the persistent onboarding hurdles highlight that managing a remote workforce still requires more than just a flexible schedule to ensure new hires truly thrive.

Technology Adoption and Digital Transformation

56% of HR teams in the financial industry plan to implement more digital HR solutions within the next 12 months
68% of financial firms are investing in HR analytics to improve decision-making
58% of financial service companies have adopted new HR technologies in the past year
62% of finance HR leaders believe that automation will reduce administrative tasks
53% of financial services companies automate onboarding processes
80% of financial firms are interested in implementing AI chatbots for HR
41% of finance HR teams measure employee productivity via digital tools
69% of HR departments in finance think that GDPR and other regulations impact their data management practices
44% of finance HR teams have adopted cloud-based HR management systems
39% of financial firms are exploring blockchain for secure HR data management
69% of HR professionals believe that workforce analytics improve hiring quality
57% of HR teams in finance use specialized software for compliance tracking

Technology Adoption and Digital Transformation Interpretation

Amid rapid digital transformation, over half of finance HR teams are embracing automation, analytics, and AI tools—highlighting a sector eager to streamline processes and elevate decision-making, yet grappling with regulatory complexities that keep data management in the regulatory crosshairs.

Workforce Development and Upskilling

65% of financial services companies have increased their HR budgets in the past year
70% of financial services firms provide ongoing training and development for HR staff
48% of financial industry HR professionals report difficulty in succession planning
46% of HR teams are using virtual reality for training in financial services
70% of employees in financial firms believe continuous learning opportunities boost their job satisfaction
54% of HR professionals in finance anticipate increased demand for data-driven HR practices
25% of HR teams report difficulties in compliance management due to regulatory complexity
64% of financial firms report investing in leadership development programs
59% of HR leaders see technology upskilling as a priority for their teams
48% of finance HR professionals believe that formal mentorship programs improve retention rates
55% of financial companies plan to increase investments in employee training over the next year
61% of HR teams in finance believe cross-functional collaboration improves HR effectiveness
50% of financial service firms use contract workers to fill short-term staffing needs
71% of HR managers in finance believe analytics can significantly impact strategic decision-making
55% of HR professionals in finance report a need for more specialized HR roles
63% of financial organizations focus on upskilling their HR workforce in digital competencies
82% of financial firms prioritize leadership development programs for HR personnel

Workforce Development and Upskilling Interpretation

With over 80% of financial firms prioritizing leadership and digital upskilling, but nearly half struggling with succession and compliance, HR in finance navigates a high-stakes balancing act—embracing innovative training like VR while fighting to turn complex regulatory hurdles into strategic opportunities.