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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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HR How-To: Fight Employee Turnover

Abel HR

If you’ve been around for a while, you know that one of our favorite topics is the concept of employee retention. With these high stakes in mind, we’ve identified six innovative strategies just about any business can employ to improve retention among its ranks. which we know is directly tied to employee retention.

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15 HR Analytics Case Studies with Business Impact

Analytics in HR

For this article, I have collected 15 of the best HR analytics case studies I’ve come across in the past two years. Each of these case studies are connected with a concrete business impact. For each case study, I will refer to their original publication. 15 HR Analytics Case Studies. Turnover at Experian.

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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.

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7 Unique Team Building Ideas for Managers

Bonusly

The terms “ team-building " and “icebreaker” don’t exactly sound enticing. We’re here to tell you that team-building has come a long way. If you’re a people manager , it’s not only helpful to prioritize team-building—it’s crucial. The value of incorporating team-building into your management style.

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20 Employee Retention Strategies to Keep Your Top Talent in 2024

Peoplebox

Though this number will change based on what industry you’re looking at employee turnover is at a general all-time high gradually increasing by the year. Interestingly studies also show that 94% of employees embrace learning opportunities and say that flexibility is the number one criterion they look for when hunting for a job.

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20 Employee Retention Strategies to Keep Your Top Talent in 2024

Peoplebox

Though this number will change based on what industry you’re looking at, employee turnover is at a general all-time high, gradually increasing by the year. Interestingly, studies also show that 94% of employees embrace learning opportunities and say that flexibility is the number one criterion they look for when hunting for a job.