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Jan. 14, 2015 — US human
resources organizations increased spending on talent initiatives in 2014,
following a rise in employee turnover to 20 percent in 2013 – up from
17 percent in 2010, according to new research from Bersin by Deloitte. The
research findings appear in “HR Factbook 2015: Benchmarks and Trends for U.S.Organizations,” Bersin by Deloitte’s interactive HR benchmarking study.
Summarized in a
complimentary WhatWorks® Brief, the findings show that HR budgets rose an
average of 4 percent to $2,936 per employee in 2014. Staffing and
technology were the two biggest spending items for the year, with HR staffing
up 3 percent on average and one in five organizations citing “technology” as
the biggest area for increased investment. The new research provides key
benchmarks and guidance to help human resources teams make valuable investment
“With the possibility of greater employee
attrition on the rise – helped in part by the economic recovery and greater job
opportunities – high-impact HR organizations are realizing that employee
engagement means connecting with employees more often than once or twice a year
through a survey,” said Karen O’Leonard, vice president, benchmarking and
analytics research, Bersin by Deloitte, Deloitte Consulting LLP. “These
organizations typically invest more in HR programs and services, and the
investment pays off in better talent outcomes.”
findings also show that:
The study was
conducted through collaboration between Bersin by Deloitte and Human Resource
Executive magazine. Study findings will be featured in a story about the HR Factbook
research that appears in today’s Human Resource Executive Online.
To learn more
about these trends, download a complimentary copy of the WhatWorks Brief, “HR Factbook 2015: Benchmarks and Trends for U.S. HR Organizations.” The
findings are now published in slide format, making it easier for HR leaders to
repurpose the charts, add their own benchmarks and evaluate their organization
against appropriate standards.
Register to join
Karen O’Leonard and Jennifer Krider, senior research analyst, Bersin by
Deloitte, Deloitte Consulting LLP, for their online webinar, “HR Benchmarks for Modern Times,” 2 p.m. EST / 19:00 GMT, March 10, 2015.
in learning more about Bersin by Deloitte or its WhatWorks® membership may
email email@example.com or call +1 510 251 4400.
About Bersin by
Deloitte delivers research-based people strategies designed to help leaders and
their organizations in their efforts to deliver exceptional business
performance. Our WhatWorks® membership gives Fortune 1000 and Global 2000 HR
professionals the information and tools they need to design and implement
leading practice solutions, benchmark against others, develop their staff, and
select and implement systems. A piece of Bersin by Deloitte research is
downloaded on average approximately every minute during the business day. More
than 5,000 organizations worldwide use our research and consulting to guide
their HR, talent and learning strategies. For more information, please visit
http://www.deloitte.com/bersin or http://www.bersin.com.
As used in this
document, "Deloitte" means Deloitte Consulting LLP, a subsidiary of
Deloitte LLP. Please see http://www.deloitte.com/us/about for a detailed
description of the legal structure of Deloitte LLP and its subsidiaries.
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