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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 HR tech’s people data boosts business performance

Bob

Today’s best HR strategy leans on people tech to take the focus off the paperwork and put the emphasis on improving culture, employee engagement and retention, and the business’s bottom line. What are your colleagues at companies of various sizes using? They’re also starting to tap into time and attendance software.

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

Analytics in HR

Whether you’re a student interested in HR or a professional looking to transition, this article will guide you with the information needed to be a successful human resource professional. Performance management : HR informs employees about their roles, gives constructive feedback , and provides support to help them achieve their goals.

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What Is Performance Management? The Complete Guide

Analytics in HR

Effective performance management helps organizations ensure that employees understand their roles, receive constructive feedback, and have the support they need to achieve their goals and business objectives. Let’s look at what performance management is, what the performance management process looks like, and some examples.

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From Compliance to Talent Management: The 15 Essential HR Responsibilities

Analytics in HR

Today, HR professionals play critical roles in policy development, onboarding, manager training, employee experience, digitalization, and much more. This article offers a deep dive into HR’s responsibilities. To ensure that a company’s objectives are met, HR practices must be aligned with the overall strategic plan.

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How HR Can Create a Comprehensive Talent Strategy

Analytics in HR

The right talent management strategy can move beyond typical activities such as talent acquisition and performance management to managing talent relationships and creating a more diverse and inclusive talent system. And many businesses underestimate the cost of recruiting the wrong people.

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How Companies can use Performance Management Effectively to Avoid Employee Attrition

Synergita

However, performance management is a system through which organizations set goals for employee performance and measure and provide feedback on progress towards those goals. Moreover, performance management systems can help ensure that employees are fairly compensated for their performance, which can help reduce turnover.