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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? What is employee retention? The good news?

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The turnover tsunami is on the way. How can your business avoid it?

Business Management Daily

It is being widely reported that a turnover tsunami is on the horizon. 27% of employees are planning to change jobs in 2021. Employers need to start taking steps now to minimize turnover in their organizations. Why mass turnover is on the horizon. Is a “turnover tsunami” really on the horizon?

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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.

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4 things to avoid if you want to diversify your talent pool

HRExecutive

The value of building a more diverse candidate pool is nothing new to most recruiters. Research has long shown that diversity among applicants ultimately leads to lower turnover, higher productivity and even better profitability. That’s how diversity works.” Jackye Clayton.

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Leveraging Data for Healthcare HR Success

Precheck

If you're investing more money in recruiters or outside staffing firms, but the metrics tell you that you have a retention problem, you need to spend less money there and put more money into programs like leadership development and career progression," says Ashley Ridgeway-Washington , Interim Vice President of HR at CHRISTUS Health.

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Efficient Background Checks a Must as Hospitality Preps for Peak Travel Months

Sterling Check

Travel began its rebound in 2021 and the momentum continues in 2022. The January Job Openings and Labor Turnover Report notes that new job openings have surpassed last year’s by 897,000. He suggests leaning into diversity, equity, and inclusion to attract and retain more workers. Retention Strategies are a Must.

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HiBob’s top 5 webinars of 2021

Bob

2021 was full of all kinds of challenges–but there were some bright spots too. Companies facing “ The Great Resignation ” are scrambling for ways to increase employee retention, boost loyalty, and make their people proud to work for them. Employee retention strategies for the new world of work. Paying people is no longer enough.