HR Statistics 2020

THE HUMAN RESOURCE FUNCTION SPANS ACROSS THE ENTIRE BUSINESS DEALING WITH ALL ASPECTS OF THE WORKFORCE, OVERSEEING FULL TIME EMPLOYEES AND CONTINGENT WORKERS ALIKE.

DIVERSITY

67% of candidates believe that a diverse team is of vital importance.

Millennials and Gen Z’ers expect to be part of a diverse workforce – multigenerational and multicultural.

ONBOARDING

As of 2020, there are more than 150 onboarding applications.

You have more choice now than ever before with how to onboard your employees and contingent workers.

RECOGNITION

69% of employees say recognition makes them work harder.

This applies to your total workforce and includes your extended workforce; freelancers and independent contractors alike. Everyone appreciates a pat on the back.

EMPATHY

93% of employees believe empathy plays a huge role in retention.

Emotional intelligence has take more of a front role in workforce management. Workers like to feel understood.

RECRUITING SOFTWARE

75% of HR personnel use recruiting software.

Technology has played a huge part in accelerating the recruitment process from finding talent, onboarding, management and career development.

AUTOMATION

Fear of job automation is present in only 7% of all HR managers.

While is still relatively new to the workforce industry, it is increasingly being embraced in all aspects of business. It’s up to everyone find the right balance between the human factor and technology.

FINDING THE RIGHT TALENT

67% of hirers list the lack of skilled labor as the greatest challenge.

More companies are turning to talent marketplaces and platforms to find their talent, in addition to creating their own talent pools and partnering with HR outsourcing companies.

CXC IS AN INTERNATIONAL PEO COMPANY THAT WORKS WITH BUSINESSES AROUND THE WORLD TO FACILITATE THE COMPLIANT ONBOARDING, MANAGEMENT AND PAYROLL FOR ITS GLOBAL WORKFORCE.  AS AN INTERNATIONAL PEO COMPANY, CXC ENGAGES THE TALENT ON BEHALF OF THE CLIENT.  USING AN INTERNATIONAL PEO REMOVES THE NECESSITY FOR THE CLIENT TO SETUP NEW ENTITIES IN A PARTICULAR COUNTRY AND FACILITATES GLOBAL EXPANSION INTO NEW REGIONS, ENABLING COST REDUCTION AND REDUCING RISK.

Research on this article is done in conjunction with whattobecome.com who offer educational information and career advice for people.

Kathryn Hopkins

Originally from New Zealand, Kathryn joined CXC in 2012, where she worked with the New Zealand and Australia offices, before moving to the United States in 2014, where she now resides in Los Angeles. Having a background in sales and marketing in a range of industries, including the recruitment and tech sectors and working for top brands including Microsoft, Sony, Qantas and Deutche Bank gives her a well-rounded approach to business and understanding of the successes and intricacies at all levels. Kathryn now heads up marketing for CXC in North America and has been key in developing CXC’s online presence and brand awareness, focusing on contingent workforce, gig economy, workforce trends, future of work and global compliance.