Statistics

For small businesses with employees, payroll is a significant part of operations—both financially and administratively. Payroll tasks overlap with complex employment laws and confusing tax rules and can affect various business areas. Understanding overall payroll statistics can help you estimate when certain workforce changes might affect your business. This can help you prepare and find…

Employee retention is a metric that measures a company’s capability of keeping high-performing employees and preventing turnover—and it is an important aspect of any successful business. Apart from increasing engagement, productivity, and job satisfaction, strong employee retention can save your business money by negating the need for turnover-related expenses. With the below employee retention statistics,…

Remote work statistics show dramatic changes in where and when employees are now working. Despite many experts and employers anticipating—or hoping—these trends would change post-pandemic, they haven’t. Remote work is sticking around, and workers have made it clear they don’t want to be in an office all day, every day. Using data as a guide,…

Millennials (born between 1981 and 1996) are sometimes criticized as a lazy generation, but it may be that they simply recognize outdated working methods. As the largest share of the workforce today, it’s important for business leaders to pay close attention to what millennials want and need to be successful. Below, we outline some statistics…

Your onboarding practices go a long way in making your employees prepared for their jobs and in making them feel like a part of the team. Understanding onboarding statistics can help you know where to better place your time and effort. It can also help you convince higher-ups of the need for a longer-term or…