Remove ATS Remove Employee Appreciation Remove Recruitment Remove Retention and Turnover
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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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What You Need to Know About the Cost of Employee Turnover

Bonusly

Do you know how many employees you lose each year to turnover? Although most companies keep track of employee turnover, many fall short when they try to understand its causes and costs in a meaningful way. Do you know how much employee turnover costs you each year? Why is employee turnover expensive?

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Turnover vs. Attrition: Key Differences Plus How To Calculate Each 

Analytics in HR

Turnover and attrition are two basic HR metrics that companies should monitor on a regular basis. The data helps HR and management understand how long employees typically stay with an organization, and provides insight into what may or may not drive retention. Contents What is turnover? What is attrition?

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

Sterling Check

In fact, Expedia dubbed 2022 the year of the GOAT— greatest of all trips — predicting that this year’s leisure travelers are chomping at the bit for bigger, better vacations. The January Job Openings and Labor Turnover Report notes that new job openings have surpassed last year’s by 897,000. Retention Strategies are a Must.

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Employee Retention and Turnover Solutions

Bonusly

To solve employee turnover, we look at employee retention best practices and organization-specific strategies. Current best practice is to improve the employee experience in order to increase employee engagement and retention—and all the other great things that come with them, like improved business performance.

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10 Ways to Show Employee Appreciation All Year Long

Bonusly

Showing gratitude is important for wins in your business, but great workplaces find ways to show employee appreciation all year long. Here are some ways that you can build trust and a connection with each employee throughout the year! Variety and creativity are essential components of employee appreciation and rewards programs.

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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.