A new report from Lindon-based human resource platform BambooHR found that January had the highest percentage of employees making paid time off (PTO) requests since the beginning of 2019. The study, the first Workforce Insights Report with data pulled from BambooHR’s platform, also shows that the average number of employee performance reviews in companies is increasing annually and hiring is now outpacing turnover.
The report shows that hiring outpaced turnover through January and February of this year, both in the U.S. and globally, after falling short in December 2023.
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