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17 Employee Retention Statistics That Are Required Knowledge in 2024

15Five

Losing a top-performing employee isn’t just a big hit to the company’s morale,— it’s expensive, too. Finding, onboarding, and training a replacement employee can cost anywhere from 30-400% of what you were paying the person who left. Here’s a treasure trove of stats on employee retention in 2024. years in 2022.

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30+ Employee Retention Statistics You Need to Know

Folks HR

Employee retention statistics are essential metrics you need to know to improve your HR processes and increase retention rates.

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15 Employee Turnover Statistics To Shape Your Retention Strategy

Quantum Workplace

Recent workplace events have made many leaders wonder what’s driving their retention issues. And for good reason—employee turnover is costly, time-consuming, and weakens your workforce’s productivity. Luckily, turnover statistics can help leaders understand why talent leaves, giving valuable insight into employee retention strategies.

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Employee Retention Statistics: Why Businesses Need to Pay Attention in 2022

SelectSoftware

Key Employee Retention Statistics Businesses Need to Know.

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Discover 4 Use Cases for Applying AI to Your Recruiting Processes

Recruitment AI technology uncovers the most qualified candidates. This technology automates recruiting routines and facilitates natural conversations, resulting in higher productivity and a better candidate experience. Download the eBook to learn more!

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Crucial HR KPIs you need to make data-driven decisions

Business Management Daily

Are your employees engaged with their work? By keeping track of essential HR metrics like employee turnover rate, time to fill, and recruitment costs — you’ll have a solid grasp of your strengths and top areas for improvement. Yet, how do you know what measures to take to improve your employee’s productivity levels?

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Does Corporate ESG Encourage Recruitment and Retention for Employees?

Payactiv

These statistics refer to the “E” and “G” in ESG, respectively. What exactly is corporate social responsibility, and how important is it for today’s employees and job seekers? Why is Employee Well-Being Now Part of a Company’s Social Commitment? Wellness benefits also help with employee retention.