What is it?
- Examine hiring and turnover data from McLean and Company’s New Hire and Exit surveys from 2022 to 2024.
- Hiring and turnover were shaped by strong labor demand, record job vacancies, and a widespread reevaluation of career goals and work-life balance between 2021 and 2022.
- In 2024, some measures stabilized, while others such as the focus on career advancement and employee engagement have shown sustained changes through 2024.
- Organizations continue to adapt by prioritizing retention, development, and clear career paths to attract and keep talent.
Why does it matter?
- Inform hiring and turnover measurements and initiatives in 2025 and beyond.
- Benchmarking data such as turnover can be useful as a point of comparison against similar organizations.
- External comparisons – including benchmarks – should be used to provide context for your results rather than to make decisions in isolation.
Design and Build a Strategic Workforce Planning Toolkit
Headcount Planning Guide
Develop an Effective Talent Retention Plan
Guide to Assessing Flight Risk of Key Talent
New Hire and Exit Survey Benchmark Reports
Upskill for the Future
Address the Talent Gap Driven by Generative AI
Preparing for an Internal Talent Marketplace
Introduction to Contingent Work
HR Guide to Measuring Workload
HR Guide to Job Redesign
Transforming the Role of People Leaders