2024 HR Benchmark Report

An essential guide for small businesses on the HR best practices that drive growth and success. This comprehensive report includes findings from our latest annual survey along with practical tips on HR strategies across the employee lifecycle.

HR Strategy is a Key Growth Differentiator

In today’s competitive market, SMBs face numerous challenges, including complex compliance laws, a shrinking talent pool, and limited resources. Despite these hurdles, prioritizing HR best practices can be a game-changer. Our 2024 survey data reveals a clear correlation between the application of these HR best practices and business growth.

Whether you’re looking to refine your recruitment processes, enhance employee benefits, or ensure compliance, the insights from this report will help guide your strategic HR decisions.

Complete the form to view and download the report.

The Value of Strategic HR

While compliance with labor laws and regulations is fundamental, a strategic HR framework goes much further. Our survey confirms that HR best practices include creating a work environment where employees feel informed, equipped, engaged, and recognized.

Informed Workforce

Keep communication transparent so everyone knows the vision and their role in achieving it 

Equipped Workforce

Provide the right tools and continuous training to help your team excel.  

Engaged Workfoce

Foster a positive culture where employees feel connected and motivated.

Recognized Workforce

Implement a recognition program to celebrate achievements and milestones.

8 HR Best Practice Categories

  • Recruiting & Hiring
  • Benefits
  • Onboarding
  • Development
  • Compliance
  • Retention
  • Performance
  • Post-Employment

Fast-Growth Companies Prioritize HR

The report underscores the importance of HR as a strategic business discipline. Fast-Growth SMBs—those that reported significant growth last year—consistently applied HR best practices more frequently than Zero-Growth businesses across all HR categories.

Do you prioritize HR?

Read the report and see how your small business stacks up.

More Strategic HR Resources

Unlock your growth potential

Talk with one of our experts to explore how Asure can help you reduce administrative burdens and focus on growth.