This report analyzes 2023 global hiring data across 3,100 Workday customers and 344 million transactions. It finds hiring slowing but stabilizing, with internal mobility, skills-first strategies, and flexible work driving retention. Sectors like healthcare and public service grew hiring, while tech saw extreme competition. Involuntary turnover rose, promotions declined, and tenure increased. Case studies reveal how Workday fosters engagement through transparency, internal gigs, performance feedback, and flexible hybrid work models.

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