HR Metrics Benchmarking 2023: The Strategic Importance of Succession Planning—December 2023

HR Metrics Benchmarking 2023: The Strategic Importance of Succession Planning—December 2023

Human Resources
Pages:27 pages30 min read

Author: Dilys Leman, Liz Marcil, Tabatha Thibault

$895.00

The data provided in this second quarterly 2023 HR metrics briefing will enable Canadian employers to benchmark themselves against their peers and make informed decisions when curating and revising their HR programs.

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A new quarterly survey, which was open from July 17 to August 18, 2023, was sent to HR professionals in Canadian organizations operating in a variety of regions, sectors, and industries. A total of 182 organizations participated in the survey. This briefing summarizes organizational data for unionized and non-unionized employees for the second quarter of 2023 on four recurring topics of interest: turnover rates, retirement rates, absenteeism rates, and job vacancy rates. The briefing also presents survey data related to succession planning.

Which industry saw the highest retirement rates for unionized and non-unionized employees ? Of unionized or non-unionized employees, who had the highest turnover rate? What percentage of  organizations have a succession planning strategy in place for at least some employee groups?

Read the issue briefing to get our full analysis.

Key findings
Introduction
Turnover rates for unionized and non-unionized employees
Retirement rates for unionized and non-unionized employees
Employee absenteeism
Job vacancies
Trends in human resources: succession planning
Conclusion
What’s next?
Appendix A—Glossary
Appendix B—Methodology
Appendix C—Participating organizations, Respondent profiles
Appendix D–Bibliography

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