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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?

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Employee Turnover Rate: How to Calculate it (& Tips for Improvement)

Semos Cloud

Employee Turnover Rate: How to Calculate it (& Tips for Improvement) . Employee turnover is costing companies money and resources. Find out why your employees quit and how to reduce your turnover rate. Many organizations today struggle with high employee turnover rates. July 10, 2020.

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The Hidden Cost of Quiet Quitting: Strategies to Address this Growing Trend

EmployeeConnect

However, this article gives you a complete guide to quiet quitting challenges and the strategies to address them. Understanding the Cost of Quiet Quitting When employees leave quietly without providing any notice or reason, it can be difficult for the organisation to prepare for their departure and find a suitable replacement.

Strategy 130
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Harnessing AI for Employee Engagement and Strategic Talent Management

Hppy

It predicts when employees might want to leave. In this article, we’ll explore how AI helps create a bеttеr world. Image by Freepik Innovative AI-Driven Employee Engagement Strategies Artificial intеlligеncе is opеning up nеw ways to understand and connect with employees on a more personalised lеvеl.

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Top 12 Proven Employee Retention Strategies

Terryberry

Employee retention is a hot topic in the world of human resources. It's no secret that employee turnover can be costly for businesses - both in terms of money and lost productivity. Each lost employee equates to a cost of 1.5 Without engagement, retention becomes even more of a challenge.

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Employee Experience vs Employee Engagement: Know the Difference

Vantage Circle

You must be familiar with the concepts of employee experience and employee engagement. Engagement - Companies take a step further to motivate and engage employees. This involves improving company culture, introducing employee recognition programs, conducting surveys to measure engagement levels, etc.

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Employee engagement strategies that will boost employee retention

Homebase

Having employee engagement strategies should be top of mind for business owners. Studies have shown time and time again that engaged employees work harder, stay in their jobs longer, and bring in more money. What is employee engagement? So, what is employee engagement? Good thing you’re here.