50 Fascinating HR Statistics To Boost Success In 2022

As the digital transformation continues to expand, HR will play an integral role in defining company culture and employee development. With that in mind, we’ve compiled a list of 50 surprising human resources statistics for 2022.

The “hr trends 2022 gartner” is a report that predicts the future of human resources. The report includes 50 fascinating HR statistics to boost success in 2022.

Organizations may utilize data on human resources to modify, learn, and make better choices based on HR information.

In every corporation or organization, human resources is a crucial function. HR can assist in offering workers a great work experience if they have the correct information about the difficulties they face.

Continue reading to learn about HR industry statistics, including HR management, HR automation, HR technology, and more.

Here are some of the topics you may study about:

Table of Contents

(Editor’s Pick) Key HR Statistics

  • The human resources business is worth $17.56 billion globally.
  • Employee retention is the main concern for 47% of HR departments.
  • 53 percent of HR departments anticipate to invest in AI in the next several years.
  • With the aid of AI, 76 percent of recruiters save time.
  • Sixty percent of businesses want to increase their investment in people analytics.
  • HR software is used or planned by 80% of small enterprises in the United States.
  • The cloud is already used by 75% of businesses.
  • The HR market in the United Kingdom is about £978 million.
  • Employers reject 75% of applications with typos and poor language.

Statistics on the Human Resources Industry

1. The human resource business is expected to be worth $17.56 billion by 2020.

According to Grand View Research HR statistics, the worldwide human resource industry will be worth $17.56 billion in 2020. Furthermore, the future growth of the market would be aided by the automation and digitalization of HR activities.

Grand View Research is the source of this information.

2. From 2021 to 2028, the global human resources market is predicted to increase at a 12.1 percent annual pace.

According to Grand View Research, between 2021 and 2028, the worldwide HR market would increase at a compound annual growth rate of 12.1%. Furthermore, this expansion is achievable due to organizations’ ability to retain personnel, recruit the suitable pool of applicants, and efficiently manage their resources.

Grand View Research is the source of this information.

50-Fascinating-HR-Statistics-To-Boost-Success-In-2022

3. The software segment of the HR industry accounted for 68 percent of total revenue.

We know that the software component of human resources dominated the market because of the accessible data on human resource sector statistics. It had a 68 percent revenue share. This is also because, in order to retain talent, many firms are turning to HR and talent management tools and solutions.

Grand View Research is the source of this information.

4. The need for professional recruiters has increased by 63 percent since 2016.

Demand for recruitment specialists has increased by 63 percent since 2016, according to a LinkedIn research from 2019. Furthermore, the number was predicted to increase in the future.

LinkedIn is the source of this information.

5. The HR software industry is expected to be worth $30 billion by 2025.

According to Grand View Research HR data, the HR software industry might increase to a value of over $30 billion in the next four years. Furthermore, by 2025, it represents a 9.4 percent increase. According to some estimates, the industry will be worth $10 billion by 2022.

Grand View Research is the source of this information.

Statistics on Human Resource Management

6. Employee retention and turnover are seen as the main concern by less than half of HR teams (47 percent).

According to a 2019 Work Institute research, over half of HR teams (47 percent) think staff retention and turnover are their top challenges. HR staff often suffer with recruiting and company culture management, which are among the top three issues.

Retention Report 2019 from the Work Institute

7. In 2021, the HR management industry is expected to be worth $19.38 billion.

The human resources management market was worth $19.28 billion in 2021. Furthermore, the human resources management industry is expected to generate $43.29 billion in revenue by 2028.

Grand View Research is the source of this information.

8. One day a year, 55 percent of bosses want their employees to work from home.

When it comes to managing staff in the aftermath of the pandemic, 55% of HR executives intend to have their employees work from home one day each week. In contrast, just 39% of bosses intended to have their employees work from home one day each week before the epidemic.

PwC is the source of this information.

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9. Following the epidemic, 32% of employees desire to work from home five days a week.

One-third of employees (32 percent) want to continue working from home five days a week after the epidemic has passed and things have returned to normal. Furthermore, 9 percent want to do it four times per week, 17 percent three times per week, 14 percent two times per week, and 11 percent once per week. Finally, just 17% wish to work in an office full-time or the majority of the time.

PwC is the source of this information.

10. Employees participate in lifestyle management programs in almost nine out of ten cases.

Programs focusing on smoking and obesity are included in lifestyle management programs. Employees participate in such programs at a rate of roughly 87 percent. At the same time, these initiatives saved individuals an average of $6 per month, while saving businesses an average of $0.5 per month.

Rand Corporation is the source of this information.

Statistics on HR Automation

11. AI-based HR solutions will be used by 47% of enterprises by 2022.

When it comes to artificial intelligence and automation in human resources, by 2022, 47% of businesses will utilize AI-based HR solutions. Furthermore, 17 percent of businesses currently use these kinds of solutions.

Gartner, Inc.

12. 57 percent of those that utilize AI in HR do so to improve employee experience.

While HR automation saves businesses money, it may also help employees have a better experience. How? Employees may concentrate on more exciting work while technology handles the mundane jobs. As a result, 57 percent of organizations that adopt AI have an impact on employee experience.

Gartner, Inc.

Thirty-six percent of HR experts see inadequate technology as a barrier to automation.

When it comes to automating and optimizing the company’s onboarding process, 36% of HR professionals say they are unable to educate and train managers on suitable onboarding tactics due to a lack of technology.

Kronos is the source of this information.

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14. In the next several years, more than half of HR departments (53%) plan to invest in automation.

According to 2019 HR automation data, 53% of HR departments plan to invest in automation over the next several years. This estimate is based on 1200 professional interviews.

KPMG is the source for this information.

15. Artificial intelligence will play a crucial role in HR in the next years, according to almost eight out of ten recruiters (76 percent).

Here’s a good argument to put money into artificial intelligence in human resources. In 2019, 76 percent of recruiters anticipate it will play a significant role in HR in the next years.

KPMG is the source for this information.

16. Only 14% of HR departments have invested in AI prior to 2019.

While everyone agrees that AI will play an important part in the future of HR, few companies have taken the risk of using it and investing in it. Only 14 percent of HR departments have previously invested in it, according to KPMG statistics from 2019. Furthermore, just 36% of HR departments have begun to use it. 88 percent of those surveyed believe the investment was worthwhile.

KPMG is the source for this information.

17.76 percent of recruiters say AI saves them time, 31 percent says it helps them find the best applicants, and 30 percent says it saves them a lot of money.

According to DevSkiller, there are several advantages to incorporating automation into HR procedures. For example, 76 percent of recruiters who use AI say it saves them time, 31% say it provides them the greatest applicant matches, and 30% say it saves them a lot of money.

DevSkiller is the source of this information.

18. AI is used by more than half of firms (51%) to reduce HR expenditures.

While artificial intelligence may assist businesses in automating monotonous work, it can also save money for human resources. According to Gartner, artificial intelligence is used by 51% of firms to save money.

Gartner, Inc.

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Statistics on HR Analytics

People analytics will play a big role in the future, according to more than eight out of ten HR practitioners.

People analytics, according to 85 percent of HR practitioners, will play an important role in the future of human resources and the performance of businesses. Despite the fact that the global average is 85%, 92 percent of Indian talent professionals believe the same. Moreover, 90% of HR specialists in South Asia agree.

LinkedIn is the source of this information.

20. People analytics are already being used by 72 percent of HR professionals to assess and enhance performance in HR operations.

While the majority of respondents feel that people analytics will be critical in the future of human resources, HR analytics data reveal that many organizations are currently using them. According to a LinkedIn research, 72 percent of HR professionals are already utilizing people analytics to assess and enhance their performance.

LinkedIn is the source of this information.

21. Only one-third of HR leaders are extremely confident in using AI and analytics to change the workforce.

According to a KPMG survey from 2019, just 37% of HR leaders are extremely confident in their ability to change the workforce using artificial intelligence and analytics. The workforce, meanwhile, is experiencing a digital transition, according to two-thirds of HR leaders.

KPMG is the source for this information.

22. Only one out of every five HR executives agrees that analytics will be their key HR priority in the next years.

Only 20% of HR executives predicted that analytics will be their key HR endeavor during the next several years in 2019. Furthermore, just 12% of respondents claimed analytics is their top managerial priority.

KPMG is the source for this information.

23. In 2019, six out of ten HR executives said they wanted to increase their investment in predictive analytics during the following two years.

When questioned about investments in predictive analytics, 60% of HR executives claimed they will increase their spending in the next years. In addition, 53% and 47% of respondents stated they will invest in improved process automation and AI, respectively.

KPMG is the source for this information.

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Only 5% of companies say they are successful in adopting and monitoring talent analytics.

In 2016, CEB Global conducted research among HR executives before joining Gartner. Only 5% of firms successfully utilize talent analytics, despite the fact that it has enormous potential. Furthermore, just 12% of HR departments employ predictive analytics to make hiring decisions. In addition, 49% said they want to do so in the future.

CEB Global/Gartner is the source of this information.

Improved HR analytics are needed by 25.58 percent of HR executives for selecting high-potential employees and identifying future leaders.

According to HR and leadership data, almost six out of ten HR leaders (58%) feel they need enhanced HR analytics to be able to pick high potential and identify future leaders.

CEB Global/Gartner is the source of this information.

Statistics on HR Technology

HR technology is used by 26.58 percent of businesses to locate, keep, and attract people.

58 percent of organizations use HR technology to recruit, identify, and retain people, according to a PwC report on HR technology. HR technology was able to automate parts of the recruiting talent procedures as digital platforms replaced paper-based hiring processes.

PwC is the source of this information.

27. The cloud is used by 44 percent of talent executives to increase effectiveness and productivity, while 35 percent utilize it to save expenses.

According to a 2020 PwC poll, 44 percent of HR professionals think cloud technology help them increase productivity, while 35 percent say it helps them save money.

PwC is the source of this information.

28. More than seven out of ten HR executives (74%) want to boost their spending in HR technology.

When it comes to investing more money on HR technology, 74 percent of HR professionals believe they will do so in the future. The savings enabled HR executives to spend more money in HR technology thanks to the human resources management system.

PwC is the source of this information.

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29. HR technology will concentrate on tools for talent acquisition (49 percent) and employee experience (49 percent) until 2022. (48 percent ).

While HR technology may be utilized for a variety of purposes, 49 percent of companies want to use them to recruit new employees. Furthermore, it will assist 48 percent of companies concentrate on the employee experience. This information comes from a 2020 poll of 594 HR and HR IT executives.

PwC is the source of this information.

30. In the United States, 79 percent of HR professionals say their organizations have the technology they need to adapt to the changing workplace.

When it comes to the changing workplace, technology may assist in keeping businesses informed. Fortunately, 79 percent of HR professionals in the United States feel their organizations have the necessary technology to stay up with the ever-changing workplace.

SHRM is the source for this information.

31. As a result of the epidemic, organizations are prioritizing remote collaboration as a top technological investment.

Remote labor has become the norm since the emergence of the COVID-19 pandemic. Furthermore, according to a 2020 SHRM analysis, remote collaboration is the best technology investment for businesses who wish to keep their staff working from home during the pandemic.

SHRM is the source for this information.

32. When it comes to recruitment issues, 26 percent of companies think ineffective recruiting technology is the most problematic.

Recruitment technology is the most significant recruiting difficulty for around a quarter of firms (26 percent). According to a Deloitte 2019 research, this technology is useless in assisting in the recruitment of talent.

Deloitte is the source for this information.

33. Only 6% of recruiting firms say they have the most advanced technology and procedures.

Only 6% of organizations that recruit think they have the best-needed technologies for their company, according to a 2019 poll on HR technology. This information is alarming, since technology may be quite beneficial to recruitment firms. Furthermore, just 12% of hiring decision-makers think they have great outsourcing technology and only 9% say they have excellent screening technology.

Deloitte is the source for this information.

According to 34.87 percent of firms, technology will have the greatest influence on sourcing and outreach recruiting activities.

While 87 percent believe technology will have the most influence on sourcing and outreach, 83 percent believe technology will have the greatest impact on screening recruiting. Others think technology will have the greatest influence on application (83%), evaluation (75%), offer creation (60%), selection (54%), candidate closure (51%) and interviewing (51%) processes (48 percent ).

Deloitte is the source for this information.

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35. HR software is used or planned by 80% of small enterprises in the United States in the next two years.

According to Zippia, HR software is widely used in the United States when it comes to HR technology. Specifically, 80 percent of small enterprises are utilizing or intending to employ HR software in the next years.

Zippia is the source of this information.

36. Applicant tracking software is used by three out of every four recruiters, and social media is used by 79 percent.

Recruiters, according to Paycor, rely heavily on technology while seeking for candidates. Recruiters utilize applicant tracking software 75 percent of the time and social media 79 percent of the time to locate talent using the many technologies available.

Paycor is the source of this information.

37. The cloud is already being used by three-quarters of all businesses.

According to Denodo’s Global Cloud Survey 2020, 75% of businesses are using the cloud. The information comes from a survey of 250 businesses. This suggests that the vast majority of them have already deployed at least one task on the cloud.

Denodo is the source of this information.

In 2015, almost nine out of ten businesses (89 percent) employed an annual survey.

In 2015, 89 percent of businesses employed an annual survey; by 2019, that percentage had dropped to 74%. These firms conduct annual surveys to assess how their workers feel at the end of the year or at any other period of the year.

Gartner, Inc.

39. HR software performance is tightly linked to the IT department’s collaboration with HR, according to four out of ten firms.

Around 41% of businesses claim their HR department’s success in HR software is due to a strong working connection with the IT department. To put it another way, both HR and IT must collaborate in order to create an HR software program.

Gartner, Inc.

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UK Human Resources Statistics

40. HR provision in the UK is expected to shrink by 6.6 percent in 2020-2021.

HR provision in the UK was predicted to shrink by 6.6 percent in 2020-2021 because to the continuing COVID-19 epidemic. Furthermore, it is expected that this provision would be partly restored by 3.3 percent in 2021.

IBIS World is the source for this information.

41. The HR sector in the UK is predicted to generate £1 billion in revenue between 2021 and 2022.

According to IBIS World, the HR sector in the United Kingdom is predicted to generate £1 billion in revenue. Over the five years from 2016 to 2021, this represents a compound annual growth rate of 3.4 percent.

IBIS World is the source for this information.

42. The HR market in the United Kingdom is worth £978 million.

According to HR statistics UK data, the HR market is now valued at £978 million and is likely to reach £1 billion in the next year or so.

IBIS World is the source for this information.

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43. In 2021, the illness absence is at its lowest level since 1995.

According to the Office for National Statistics in the United Kingdom, illness absence in 2021 will be at its lowest level since 1995. In March 2021, just 1.8 percent of employees were absent due to illness. It’s possible that this is related to the fact that so many individuals were working from home due to the epidemic.

Office for National Statistics (ONS)

44. Eight out of ten UK businesses say they have the information they need to manage their HR and staff expenditures.

While four-fifths of UK businesses (or 80%) claim to have visibility into their HR and people expenditures, this is not the case in other European nations. For example, 26% of European companies claimed they had little to no knowledge of this sort of data. Furthermore, this percentage is 44 percent in France.

SD Worx is the source of this information.

Other Human Resources Statistics of Interest

Employers reject 45.75 percent of applicant applications due to poor language and typos.

Three-quarters of companies (75%) agree that applicants with poor language and typos in their applications are rejected. According to an OfficeNeedle poll of 2800 businesses throughout the world, this is the case.

OfficeNeedle is the source of this information.

46. A resume that is longer than two pages may be rejected by more than half of employers (57 percent).

When questioned about the length of a resume, more over half of the employers (57%) stated they would reject one that was longer than two pages. CVs, on the other hand, may have lengthy forms.

OfficeNeedle is the source of this information.

47. Nearly half of companies don’t evaluate resumes that aren’t suited to the job.

According to an OfficeNeedle analysis from 2021 on CV and resume problems, over half (47%) of employers believe that resumes that are not suited to the job the individual is looking for would be rejected.

OfficeNeedle is the source of this information.

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Only 18% of companies want to know why there are gaps on your CV.

While some may believe it is a good idea to explain gaps in the resume, OfficeNeedle reports that just 18% of companies prefer applicants to explain gaps in the CV. In an interview or a cover letter, however, it may be important to clarify any shortcomings.

OfficeNeedle is the source of this information.

Employers believe it is a mistake to leave the GPA off a resume in 49.1% of cases.

When it comes to other CV and resume blunders, just 7% of hiring managers believe it is a problem to leave the GPA off the resume. In addition, 43% of employers believe that omitting successes is a mistake.

OfficeNeedle is the source of this information.

50. A CV is only reviewed for five to ten seconds by recruiters.

According to a Glassdoor poll from 2020, recruiters spend no more than five to ten seconds perusing resumes while assessing applicants’ applications. Candidates must ensure that their CV stands out from the crowd since they do not have much time to create an impact.

Glassdoor is the source for this information.

The Final Word

Finally, HR data show us the current status of the sector in contrast to the past and projections for the future. Furthermore, HR data and statistics show how critical it is to stay current with industry trends in order to recruit and retain top employees. Also, if HR executives want to keep improving, they must understand what motivates their actions. Finally, statistics make it simpler to determine what motivates workers and how businesses may assist them in being more productive.

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The “hr trends 2021 gartner” is a research report that offers 50 fascinating HR statistics to help you succeed in 2022. The report also gives insights on how organizations can use these statistics to improve their performance.

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