HR Core 
Payroll 
Recruitment 
Onboarding 
Performance Management 
Learning Management 
By industry 
By role 
By use case 
Customer Success 
Implementation 
Partner Program 2024 HR Industry Benchmark Report
This year’s report unveils the realities impacting today’s HR strategy – the mounting economic concerns, pressures to escalate productivity, and the growing urgency for a sustainable plan to foster future skills. Download your copy today.
Key Findings
Cost to hire
The average hiring cost is now $20,000 per new recruit.
Turnover and new hire turnover rates
Approximately one in seven newcomers exit during their probation period.
Workforce growth rates for 2024
27% of Australian HR professionals expect to restructure their organisations in 2024
ABOUT THE 2024 HR INDUSTRY BENCHMARK REPORT
ELMO Software commissioned Censuswide to survey 700 HR professionals in Australia and 500 in New Zealand, providing in-depth, local data across key areas within HR’s mandate. Fuel your 2024 strategy with actionable insights, catered to overcome the hurdles of hiring costs, productivity pressures, and more.
HIGHLIGHTS FROM THE REPORT
Navigating today’s economy
The economic outlook is the top challenge for organisations in Australia and a top three challenge for New Zealand.
Top priorities for businesses
Increasing productivity ranks as a top priority for 2024 across Australia and New Zealand, alongside employee wellbeing.
Tackling the ‘productivity predicament’
However a lack of employee engagement and poor prioritisation are the top barriers holding back productivity.
Take a data-driven approach to HR
Download your free copy of the 2024 HR Industry Benchmark Report today.
