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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 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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How Can HR Contribute to Business Growth and Help Envision Future Success?

HR Digest

For years, HR teams have largely been delegated to admin tasks and rote hiring activities, but there are innumerable ways by which HR can contribute to business success. If HR teams fail to understand and respond to such information, it compromises the potential growth of a business.

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What is reboarding and how it can boost retention rates

Workable

Reboarding or internal onboarding is the process of reintegrating employees into the workplace, whether they’re returning after a significant absence, transitioning within the company, or adapting to substantial organizational changes. Retention and turnover Effective reboarding strategies are also linked to improved retention rates.

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Seamless Remote Onboarding: Key to Employee Retention of Remote Workforce

Cisive

With a steep increase in remote working, onboarding becomes critical. According to the 2019 Retention Report from the Work Institute , more than 38% of all turnover in 2018 was attributable to employees who quit in the first year and 43 out of 100 new employees quit in the first 90 days. Continuous onboarding is the new normal.

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Want a Career in Human Resources? Your In-Depth (2023) Guide

Analytics in HR

When the candidate is finally selected, HR prepares the job offer and onboard them. Employee relations: HR provides accurate and timely information to employees to build good working relationships and boost employee engagement and retention. They collaborate with teams and provide support to individual employees.

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Employee Retention Strategies Go Beyond Competitive Salaries

HR Digest

With numbers as big as these and burnout at an all-time high, it becomes increasingly important to take employee retention strategies seriously and explore what they can do to connect with their employees. This is why employee retention strategies are important. How to Improve Employee Retention? million U.S. million each month.