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Why employee retention is important in the construction industry

Homebase

That’s why employee retention is important, especially in the construction industry. As of 2021 , the construction industry had an average turnover rate of 68%—higher than most other industries, where the average hovers between 30-40%. What is employee turnover? Employee turnover is when workers leave the business they work for.

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How to Develop a Staffing Planning (With Staffing Plan Example)  

Analytics in HR

Staffing planning versus workforce planning: The difference How to develop a staffing planning Checklist: Conducting a staffing analysis An example of a staffing plan What is a staffing plan? The Boston Consulting Group (BCG) offers similar advice. Contents What is a staffing plan?

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How to Retain Call Center Employees & Reduce Turnover

Empuls

However, amid all this unpredictability, there’s one trend that managers have come to recognize – the high turnover rate. According to Quality Assurance and Training Connection , call centers, on average, see an annual turnover rate ranging from 30% to 45%. High attrition rates have long plagued the call center industry.

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Q&A: What’s Visier NOW & How It Solves Urgent Issues Like Turnover & Achieving Diversity Goals

Visier

The need for quick access to answers to help business leaders face these challenges ASAP is immense, and here are just two reasons why: Turnover is ridiculously expensive: According to Gallup’s 2021 State of the Global Workplace Report , replacing workers requires one-half to two times an employee’s annual salary. Q: What is Visier NOW?

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OKRs vs. KPIs: The Key Differences & Use (With Examples) 

Analytics in HR

Learn more HR OKRs: All You Need to Know [With 11 Examples] What is a KPI? Developing Diversity, Inclusion, Equity and Belonging Use OKRs to improve Diversity and Inclusion in the workplace. For example: Recruitment metrics (e.g., Sales increased by 8.5% and hourly sales rose from $14.44

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How to Hire a Chief HR Officer to Drive Business Success

hrQ

CHROs play a key role in shaping culture by overseeing various facets of employee engagement such as retention strategies and diversity, equity and inclusion (DEI) programs. Utilizing a diverse team of individuals can provide insights needed to help make informed decisions.

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What are some best practices for talent management metrics?

Best Of HR

Antreas Koutis , Administrative Manager, Financer Diversity and Inclusion Diversity and Inclusion (D&I), as a talent management metric, measures the representation of diverse groups within the organization and their level of integration and inclusion in the company culture.

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