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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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Employee Retention: How to Retain Top Talent in 2022 | ClearCompany

ClearCompany HRM

There’s no better year than 2022 to prioritize employee retention — after all, we’ve all heard of the Great Resignation. workers quit their jobs in 2021, either to start a new one or to leave the workforce altogether. Use the results to inform your retention strategy and learn how to best support employees. less turnover.

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5 Ways to Reduce Regrettable Turnover and Keep Valued Employees

15Five

Though some regrettable turnover is inevitable and expected, when too many of those losses start stacking up, the entire employee experience can topple over like dominoes. The impact of employee turnover—particularly regrettable turnover—can be felt throughout a company, from dips in productivity to wounded team morale.

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6 tips for reducing employee turnover

Hppy

Keeping your employee turnover low is one of the most important parts of running a business. High employee turnover can reduce morale, increase training costs, and lead to a less efficient workplace. . So, in this article, we’re going to outline how you can keep your employee turnover low. Let’s get started. Administration.

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How to Engage in Healthcare Workforce Planning

Precheck

Here are some workforce planning strategies to boost your healthcare organization's recruiting and retention efforts. It's especially important to invest in roles at the highest risk for turnover, such as nurses, medical assistants and environmental services professionals. Turnover is highest in an employee's first year.

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High-impact retention strategies for a high turnover world

Bob

But amid “ The Great Resignation ”—which has brought the highest levels of turnover seen in the past 20 years—companies need to understand what is driving the job change trend and what they can do to keep people around. Retaining great people and avoiding mass departures are goals for all HR leaders to keep an eye on.

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

HRExecutive

Research has long shown that diversity among applicants ultimately leads to lower turnover, higher productivity and even better profitability. And it’s a goal of most recruiters, according to recent research that found that enhancing diversity hiring is among their top priorities for 2021. Jackye Clayton.