BambooHR
Workforce Insights

Monthly Report – February 2024

Welcome to the February edition of the BambooHR Workforce Insights report, where we delve into the latest trends shaping the world of employment.

Workforce Insights is powered by aggregated data trends from millions of employee data points in the US and across the globe.

levels
2

Hiring, Job Openings & Turnover

Employee Performance

About BambooHR

BambooHR® is the leading provider of cloud-based HR software solutions that empower HR professionals to manage, support, and grow what matters most—their people. As a company, BambooHR's mission is to set people free to do great work, by automating, centralizing, and connecting employee data all in one place to support better decisions.

The platform’s intuitive and intentionally designed payroll, time tracking, benefits, performance, and reporting solutions support the full repertoire of HR responsibilities—all backed by award-winning customer service. Over the past 15 years, BambooHR has been the trusted partner of HR professionals at 32 thousand companies in over 150 countries and 50 industries, for supporting millions of users throughout their employee experience.

Methodology

All source data is from the BambooHR platform, gathered between December 2018 and February 2024, and includes data points from over 4.3 million employee data points across the globe.

The data includes employee and manager performance scores, PTO requests, and other data points that have been analyzed in an aggregated, anonymized way to protect the privacy of employees and the integrity of the metrics.

Turnover includes all types of separation of an employee from their company, including voluntary and involuntary separations.

Looking for More HR Data Insights? Keep Reading

Why Is Everyone So Unhappy at Work? BambooHR® Employee Satisfaction Shows 2023 Holiday Blues

Read the Q4 2023 report to see how the trends are changing, with industry-specific recommendations for HR leaders.

Read the report

24% of workers say they’d be willing to take a salary cut if it meant job security for the next year. Read the report to understand how workers are feeling and why.

Read the report

31% of HR Managers Say They Need Better Employee Data Protection

Discover insights into employee perception and experience with data security—and how to better protect your workforce data.

Read the report