HR Statistics And Trends in 2024: The Ultimate List

With sources from:,,, and many more

According to our research, HR professionals are navigating a dynamic landscape with diverse trends. Market Data Report provides a wealth of statistics: from rising recruitment budgets to the growing importance of HR analytics. Did you know that 81% of Millennials prioritize diversity in HR practices

Statistic 1

"65% of HR professionals say their recruitment budget has increased over the past year."

Sources Icon

Statistic 2

"Only 10% of companies feel confident in their HR analytics capabilities."

Sources Icon

Statistic 3

"The average turnover rate in the United States is 18%."

Sources Icon

Statistic 4

"Approximately 40% of HR professionals are using social media for recruitment."

Sources Icon

Statistic 5

"50% of workers cite compensation as the most important factor in job satisfaction."

Sources Icon

Statistic 6

"24% of HR professionals believe employee engagement and retention are the most important metrics."

Sources Icon

Statistic 7

"56% of companies report using AI in some form within their HR processes."

Sources Icon

Statistic 8

"The average cost-per-hire for companies is approximately $4,129."

Sources Icon

Statistic 9

"HR professionals spend about 14 hours a week on administrative tasks."

Sources Icon

Statistic 10

"81% of Millennials expect companies to commit to diversity and inclusion in HR practices."

Sources Icon

Statistic 11

"67% of HR professionals believe that technology will free up their time to focus on more strategic initiatives."

Sources Icon

Statistic 12

"37% of HR professionals consider employee retention to be a top workforce management challenge."

Sources Icon

Statistic 13

"The global HR market was valued at approximately $18.7 billion in 2021."

Sources Icon

Statistic 14

"Remote work options have increased by 40% in job recruitment postings within the HR sector."

Sources Icon

Statistic 15

"70% of organizations have implemented or are in the process of implementing an HR shared services center."

Sources Icon

Statistic 16

"About 75% of HR management software includes employee self-service options."

Sources Icon

Statistic 17

"On average, HR teams take about 42 days to fill a new position."

Sources Icon

Statistic 18

"Over 90% of HR executives plan to maintain or increase investment in HR technologies."

Sources Icon

Statistic 19

"83% of HR leaders say that employee experience is either important or very important to their organization's success."

Sources Icon

Statistic 20

"Employee performance management systems are used by 58% of organizations in their HR practices."

Sources Icon


A prominent trend in HR is the increasing reliance on technology, with 56% of companies incorporating AI into their processes. This shift is seen as a way to free up time for strategic initiatives according to 67% of HR professionals. Surprisingly, only 10% of companies are confident in their HR analytics capabilities, highlighting a potential gap in leveraging data for decision-making. The high turnover rate of 18% in the US underscores the importance of employee retention, a top workforce mana

Can You Trust Our Report?

The statistics are checked by us and then entered into the database. Our market data reports have been linked to by some of the largest publishers and companies on the Internet.

Learn more about our process here.

Submit Your Own Statistic Data

Would you like to submit your own researched statistics on this topic? You are welcome to use the form below and submit your suggestion to us. We will check the source and approve it if necessary.

... Before You Leave, Catch This! 🔥

Your next business insight is just a subscription away. Our newsletter The Week in Data delivers the freshest statistics and trends directly to you. Stay informed, stay ahead—subscribe now.

Sign up for our newsletter and become the navigator of tomorrow's trends. Equip your strategy with unparalleled insights!