Average cost-per hire: $4,129
Average time to fill a position: 42 Days
Average employee tenure: 8 years
Annual Overall Turnover Rate: 19%
Involuntary Turnover Rate: 8%
Organizations with Succession Plans: 34%
HR Expense to Operating – Expense Ratio: 15%
HR Magazine October 2016, “By the Numbers: Human Capital Benchmarking”, Source: Society for Human Resource manager 2016 Human Capital Benchmarking Report