New Report Benchmarks

We have introduced benchmarking capabilities to some of our standard reports in BambooHR, enhancing your ability to gain real-time insights into key HR metrics.

This update allows you to compare your company’s performance against industry peers directly within the following reports:

• Additions & Terminations
  • This report will show a line chart representing your company's growth rate compared to peer companies within a specified time period.
• Age Profile
• Gender Profile
• Employee Turnover
  • This report has an additional filter (Elite package only) you can use to narrow down the results by turnover type: Total Turnover, Voluntary, Regrettable, Non-regrettable, and Involuntary.
• Employee Satisfaction
• Years of Service

The benchmarking feature provides two options for comparison: AI-generated benchmark groups and custom benchmark groups. The AI-generated option, only available to U.S.-based companies, automatically creates peer groups based on your company size, industry, and labor market. For both U.S.-based and international companies, the custom benchmark group option allows you to set specific filters tailored to your needs.

These capabilities enable you to identify areas for improvement and drive organizational success.

As always, we love your feedback! To provide product feedback on this feature and more, head over to our product feedback page and let us know how we’re doing.